News & Analysis as of

Natural Gas Severe Weather Federal Energy Regulatory Commission

Troutman Pepper

FERC Approves Extreme Cold Weather Reliability Standards EOP-011-4 and TOP-002-5

Troutman Pepper on

On February 15, 2024, FERC approved two new extreme cold weather Reliability Standards EOP-011-4 (Emergency Operations) and TOP-002-5 (Operations Planning)....more

Steptoe & Johnson PLLC

FERC and NERC Issue Joint Recommendations in Response to Winter Storm Elliott Potentially Impacting Well Head to the Burner Tip

On November 7, 2023, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC) issued a joint report including recommendations targeting the natural gas industry from the...more

Husch Blackwell LLP

FERC and NERC Take Action on Winter Readiness

Husch Blackwell LLP on

As the cold weather season approaches, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC) are taking action to prevent a repeat of the devastating electric power...more

Jones Day

FERC, NERC Outline Proposed New Reliability Standards Following the February Winter Storm

Jones Day on

The Federal Energy Regulatory Commission's ("FERC") Office of Electric Reliability and Enforcement and the North American Electric Reliability Corporation ("NERC") staff presented a series of findings and preliminary...more

Morgan Lewis

FERC/NERC Report on Winter Storm Uri Recommends Enhanced Cold Weather Preparation

Morgan Lewis on

A report presented on September 23, 2021, into the February 2021 power outages in Texas and the US Midwest caused by extreme cold weather identified the causes of the outages and outlined a series of recommendations....more

Mintz - Energy & Sustainability Viewpoints

Lone Star Solar: Challenges and Opportunities in Post-Blackout Texas

Starting in late February, over 2.7 million Texas households were left without energy and over 100 people died as a severe winter storm caused a series of rolling blackouts across Texas, drawing national attention to the...more

Morgan Lewis - Power & Pipes

FERC Schedules Technical Conference to Discuss Electric System Reliability

In the wake of the February extreme cold weather that caused record levels of electric generation to be taken offline, the Federal Energy Regulatory Commission (FERC or the Commission) has scheduled a two-day technical...more

Opportune LLP

A Perfect Storm: Born Out Of Market Dynamics

Opportune LLP on

Some may call the winter storm that descended on Texas a “black swan” event, but it may in fact be a “perfect storm” born out of existing market dynamics that could’ve been avoided....more

Proskauer - Minding Your Business

Nationwide Deep Freeze Leads to Spike in Natural Gas Prices

In the wake of the deep freeze that recently swept the nation, natural gas has taken the forefront among a slew of price gouging allegations. Last week’s winter storms caused natural gas spot market prices to spike, with some...more

Morgan Lewis - Power & Pipes

FERC to Investigate Natural Gas and Electricity Markets in Wake of Texas Storm

The Federal Energy Regulatory Commission (FERC) announced on February 22 that its Office of Enforcement would examine wholesale natural gas and electricity market activity during last week’s extreme cold weather ...more

Hogan Lovells

Energy regulators step up to address recent cold weather events

Hogan Lovells on

On February 16, 2021, in response to the extreme cold weather events resulting in significant power outages affecting millions of electricity customers throughout the Midwest and South Central states, particularly in systems...more

Snell & Wilmer

Polar Vortex Highlights Problems with Texas Isolationist Model and Need for National Electric Grid

Snell & Wilmer on

Following a week of extremely cold temperatures which caused millions of Texans to be without power, in some cases for longer that three days, the Federal Energy Regulatory Commission (FERC) announced that it will be...more

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