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Rising power demand pushes SC to consider regulatory revamp

By Mason Adams

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UTILITIES: South Carolina’s rising power demand and the lack of new generation lead state lawmakers to consider revamping energy regulation with a bill critics call a blank check” for power companies that would hurt consumers and exacerbate climate change. (Floodlight)

ALSO: American Electric Power leaders say they’re concerned about new federal restrictions on power plant emissions and a parallel spike in power demand from large users, especially in Texas and Ohio. (Utility Dive)

OIL & GAS:

  • A former Texas regulator says oil and gas producers are installing enclosed combustors” that hide flaring of unwanted natural gas, preventing scientists from accurately detecting greenhouse gas emissions via satellite. (Guardian)
  • Federal officials appear ready to approve Exxon Mobil’s $60 billion purchase of Pioneer Natural Resources, making Exxon the largest producer in the Permian Basin, after the companies agree to freeze out Pioneer’s co-founder and former chief executive. (Dallas Morning News)
  • A West Virginia gas company challenges a power plant’s plans to purchase gas from another supplier to produce and use a hydrogen byproduct for power. (West Virginia Public Broadcasting)

SOLAR:

WIND:

HYDROGEN: Virginia Gov. Glenn Youngkin announces a Danish company will invest $400 million to build a Virginia factory to make hydrogen fuel cells. (Richmond Times-Dispatch)

ELECTRIC VEHICLES: Tesla cuts 500 jobs on the team that made electric vehicle chargers, just weeks after it said it would eliminate 2,688 jobs at its Texas factory. (Houston Chronicle)

TRANSITION: Eastern Kentucky leaders hear about communities making headway in the transition away from the region’s historic coal economy, with federal and state funding on its way to assist in the process. (Kentucky Lantern)

PIPELINES: The Sierra Club and Appalachian Voices sue to block a 32-mile natural gas pipeline to supply a Tennessee Valley Authority gas-fired power plant intended to replace a coal plant. (Tennessee Lookout)

GRID:

POLITICS: Florida rejects $3 million in federal funding by refusing to submit a climate action plan and stands to decline up to $500 million despite its status as ground zero for climate change.” (Inside Climate News)