Energy Update: Week of July 25

Friends,

I must say, we had a really good time in Cleveland last week at the RNC.  The people were wonderful and the convention went off without a hitch – logistically at least.  As for the substance and political results?…enough said. Either way, we’re watching closely to see if Michelle Obama cribs from our energy update for tonight’s DNC speech.

While there was definitely some party chaos in Cleveland, the Democratic National Convention in Phily starts with similar unrest as long-time DNC Chair Debbie Wasserman-Schultz resigned last night after thousands of emails leaked showing evidence that the DNC was undermining the Sanders campaign.  All this has overshadowed Hillary Clinton naming current VA Sen./former Gov (and former DNC Chair) Tim Kaine to be her VP.  While Kaine is known as a somewhat progressive and has some street cred with the party faithful from his time at DNC, the Sanders wing is sure to see this as the beginning of a move away from their more extreme approach, especially on most energy issues.  Expect to not see the “brotherly love” tonight as Sanders and Elizabeth Warren take the stage.

Another sidebar for Phily that I thought might be of interest is a new group of Republicans – not affiliated with Democratic groups – that will be at the convention discussing their reasoning for supporting Hillary Clinton.  Along with several other like-minded Republicans, former Bush 43 White House advisors John Stubbs and Ricardo Reyes launched R4C16, Republicans for Clinton after Donald Trump accepted the Republican nomination for President. Last Friday, John laid out his reasoning in an op-ed for the Washington PostWhy Republicans Should Vote for Hillary Clinton.

If you are going to Phily, make sure to stop at the POLITICO (historic Rittenhouse Square at 2001 Market Street, 2 Commerce Square) and the Washington Post (City Tap House Logan, 2 Logan Square) Hubs.  Both places were excellent for events, fellowship and serious reporting in Cleveland so I expect the same here.

As for energy events at DNC, POLITICO’s Elana Schor hosts CO Gov. John Hickenlooper, Hillary Energy advisor Trevor Houser, WA Gov. Jay Inslee, Iowa Rep. Dave Loebsack, former PA Gov./Phily Mayor Ed Rendell and Heather Zichal on Wednesday and does a Breakfast Newsmaker with Tom Steyer on Thursday.  Hickenlooper also hits the WaPo’s Politics and Pints with Chris Cillizza tomorrow at 6:00 p.m. and WaPo look at the energy platform earlier in the day at 10:00 a.m. with Steve Stromberg.  Finally, on Thursday at 4:00 p.m., the Bipartisan Policy Center and EEI will host Southern Company CEO Tom Fanning and DOE Secretary Ernie Moniz to discuss energy policies and priorities.  Besides a speech from Sanders tonight that is certain to tap the progressive “keep it in the ground” energy issues, tomorrow at 2:30 p.m., John Podesta, WA Gov. Jay Inslee, Tom Steyer and the leaders of major environmental groups will attend climate reception at the Warwick Hotel Rittenhouse Square.

Other events in DC this week: today at 2:30 pm, Heritage and CEI host a panel discussion in Senate Visitors Center 215 on repealing the Renewable Fuel Standard and other Biofuel Programs, the NatGas Roundtable is hosting BG&E CEO Calvin Butler tomorrow at lunch and tomorrow afternoon USEA looks at future global nuclear growth.

Finally, overseas in Vienna this weekend, Secretary Kerry (why do we let him talk), EPA Administrator McCarthy, our friends in the environmental community and AHRI made significant progress toward locking down final efforts to limit the super-warming hydrofluorocarbons (HFCs) under the Montreal Protocol.  The parties reached significant agreement on key challenges and solutions, and have made great progress on ambitious schedules for freezing and phasing down HFC production and use in both developed and developing countries, and financial assistance to help developing countries achieve their phase-down commitments.  The HVAC industry has been a strong player in these negotiations and AHRI President Steve Yurek was there all last week for the talks, which are the final prelude to October meeting in Kigali where parties will close the deal.  It is a huge success that likely will dwarf the uncertainty of cuts that the Paris Treaty may/may not produce.   There have been a number of stories on the progress, but Coral Davenport’s NYT story from Sunday captures the details.

Remember, our PRG team will be covering elections closely and offering our analysis running up to and following the November vote.  So stay in touch on the topic.  Sounds like maybe one more short update next week as we hit August to wrap DNC week, but then off until September.

 

Best,

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“That Trump’s run an awful campaign, alienated every group & still within striking distance makes you wonder who’s really a weaker candidate.”

Andrews Kaczynski of Buzzfeed yesterday on Twitter

____

“Charging infrastructure is an important priority when getting electric vehicles on the road, but it’s not the only piece of the puzzle,” said “Dollar for dollar, infrastructure is most valuable when it is accompanied by robust consumer education, public-private partnerships, experiential marketing, and support from the business community.”

Robbie Diamond, CEO of the Electrification Coalition, responding to DOE announcement of $4.5 billion in loan guarantees to expand the nation’s electric vehicle charging infrastructure

 

IN THE NEWS

World Leaders Make Progress on HFCs – With far less attention this past week, negotiators from almost 200 countries neared a deal that many say will be the most significant concrete action to reduce global warming in years. Parties, which will finalize the deal in Kigali in October, made significant progress toward locking down final efforts to limit the super-warming hydrofluorocarbons (HFCs) under the Montreal Protocol.  The parties reached significant agreement on key challenges and solutions, and have made great progress on ambitious schedules for freezing and phasing down HFC production and use in both developed and developing countries, and financial assistance to help developing countries achieve their phase-down commitments.

HVAC Industry Pushing for Strong Deal – The global HVAC industry has been one of the significant players pushing for a strong deal.  They have been promoting inclusion of an HFC phase down amendment to the Montreal Protocol for nearly six years, having already successfully phased out HCFCs under that global agreement.  A global agreement creates predictability for producers and manufacturers alike and eliminates the hodge-podge of different HFC reduction schemes that they would surely face as the world’s focus on climate change continues.  As well, an orderly phase down schedule provides the time necessary for manufacturers to conduct the necessary R&D on the next generation of equipment using the latest refrigerant replacements for HFCs and for producers to begin making sufficient supplies of replacements refrigerants.

Will the Replacement Actually Be Ready – Replacements will be ready to go when the time comes because industry anticipated the eventual action of the Montreal Protocol parties to phase down HFCs and thus began a major research program in 2011 to identify potential alternatives, which has recently completed its second phase.  Many of the most promising replacements, however, are classified as either flammable or mildly flammable and thus must be researched further to determine their performance in real-world conditions.  That research is about to commence under a funding agreement by AHRI, ASHRAE, the Department of Energy, and the state of California, which will collectively contribute nearly $6 million to study these refrigerants in advance of upcoming building code updates.

NYT Reports on the Progress – There have been a number of stories on the Vienna negotiations progress, but Coral Davenport’s NYT story from Sunday captures the details very well.

DOE Promises Loans for EV Charging – On the heels of the United States Department of Energy’s (DOE) first-ever Sustainable Transportation Summit, DOE announced $4.5 billion in loan guarantees to roll out a coast-to-coast network of electric vehicle charging stations. The program will provide support for federal, state, and local governments, and it will partner with Ford, GM, Nissan and Tesla.

SAFE Says Decision Should Focus on Accelerator Communities – SAFE’s Electrification Coalition said the decision to allocate $4.5 billion is an urgent priority that will sever the nation’s dependence on oil and boost American energy security. The EC notes a number of important considerations when it comes to EV deployment and charging infrastructure:

  • The U.S. transportation sector relies on oil for more than 92% of its energy, a dependence that undermines national security and economic prosperity. Last year, the United States spent $500 billion on petroleum fuels.
  • Public investment is necessary to decouple our transport system from the global oil market, which continues to operate against free market principles under heavy influence from foreign governments and national oil companies.
  • Development of a robust charging network sends an important signal to potential buyers that EVs are a viable choice, not hindered by infrastructure availability.
  • Simultaneously, 90% of charging occurs at home and in the workplace.
  • Fast-charging is a key component of improving public electric vehicle charging infrastructure.
  • The EC advocates for use of accelerator communities as a policy tool—targeted geographical regions for EV deployment in which everything necessary to support this important technology is deployed simultaneously.
  • Experiential marketing—putting motorists behind the wheel of an electric vehicle to familiarize them with the technology—has proven to be a highly effective method of increasing exposure and boosting electric vehicle sales.
  • EVs offer consumers an opportunity to opt-out of the uncertainties of the global oil market and rely instead on electricity for transportation, which is diverse and domestic in source and stable in price.

Chamber’s Energy Institute to Start Energy Accountability Series – In a new effort to educate voters about energy policy, the U.S. Chamber’s Institute for 21st Century Energy will be launching the “Energy Accountability Series.” This series of reports will explain what would actually happen if the policies proposed by candidates and groups were to be adopted.  With energy issues a major part of the U.S. Chamber’s voter education efforts this fall, the new series will hold candidates and groups accountable for the statements they make on energy policy. The Chamber has already launched advertisements on energy policy in the key Pennsylvania Senate race.  The Obama presidency has demonstrated clearly that a candidate’s views and things they say and do to win support of interest groups has a real impact on how policy is shaped and implemented. The Energy Accountability Series will ask the tough questions and provide quantitative answers on the full impacts and implications of these policies, irrespective of which candidates, groups, or political parties happen to support or oppose them.  For more information and to sign up for updates, visit  www.energyxxi.org/energy-accountability.

New Pipelines Will Force U.S. to Miss Paris Targets – Environmental groups said in a report last week that the U.S. will miss its emission-reduction targets under the Paris climate agreement if 19 pending natural gas pipelines are built across eastern states.  The report pipelines are expected to move natural gas from the shale fields of Pennsylvania, Ohio and West Virginia to states from Louisiana to New York would unlock at least 15.2 billion cubic feet per day of new natural gas production.   Now that sounds Like a great Idea… Why wouldn’t we want to do that since increasing our natgas usage has reduce emissions by 50% already.   Unless of course, you just want to block use of natural gas.

Experts Discuss Fuel Economy Issues with Platts PodcastOn this week’s Platts Capitol Crude podcast Sam Ori, executive director at the Energy Policy Institute at the University of Chicago, Joshua Linn, a senior fellow at Resources for the Future, and Kevin Book, managing director at ClearView Energy Partners discuss the US concerns about falling short of the 54.5 miles per gallon fuel efficiency target and how low gasoline prices impacting efforts to boost fuel economy.  Finally, Scheid taps that all important questions with his dad: Does driving with your windows down increase or decrease your car’s fuel efficiency?

FirstEnergy Closing Smaller Coal Units – FirstEnergy on Friday said it will retire or sell five units at two of its coal-fired power plants by 2020, citing “challenging market conditions.”  The company that powers much of Cleveland and sponsors Browns Stadium will retire four units totaling 720 megawatts at its W.H. Sammis plant in Stratton, Ohio, by May 2020, and either sell or deactivate its 136-megawatt Bay Shore unit in Oregon, Ohio, by October 2020.  Collectively, the 856 megawatts constitute 5.6 percent of Ohio’s coal-fired electric capacity, which totals 15,394.5 megawatts, according to data from the U.S. Energy Information Administration. Three remaining units at the W.H. Sammis plant will continue to provide 1,490 megawatts in base load power.

 

ON THE SCHEDULE THIS WEEK

Democratic Convention –Democrats will head to Philadelphia for the 2016 Democratic National Convention at the Wells Fargo Center on today through Thursday. The action launches at 4 p.m. with First Lady Michelle Obama, Elizabeth Warren and Sen. Bernie Sanders are set to address the crowd. Later in the week, headliners include President Barack Obama, Vice President Joe Biden, and former POTUS Bill Clinton.  Other favorites include CO Gov. John Hickenlooper (who is doing a couple of energy panels), NY Gov. Andrew Cuomo, Sen. Barbara Boxer, Cali Gov. Jerry Brown, former Michigan Gov. Jennifer Granholm and Flint Mayor Karen Weaver.

AAAS Forum to Look at Human Rights, Climate –All day today, the American Association for the Advancement of Science will hold a day-long forum on the human rights implications of climate change and the contributions scientists, engineers, and health professionals can make towards addressing these concerns.  The sessions will highlight examples of scientific research that is contributing to human rights-based policies for climate change prevention, mitigation, adaptation, and community relocation. In addition, panelists will share models for collaborative climate research in partnership with vulnerable communities. Coalition meetings convene scientists, engineers, and health professionals with human rights leaders and policy makers to discuss emerging issues at the nexus of science and human rights. The Coalition serves as a catalyst for the increased involvement of scientific, engineering, and health associations and their members in human rights-related activities.   The main speaker will be Robert Bullard, Dean of the Barbara Jordan-Mickey Leland School of Public Affairs at Texas Southern University.

Heritage, CEI Look at Biofuel Programs – The Heritage Foundation hosts a panel discussion this afternoon at 2:30 p.m. in Senate Visitors Center 215 on repealing the Renewable Fuel Standard and other Biofuel Programs. U.S. biofuels policy is a case study in the unintended consequences of government intervention. In contrast to what politicians and special interest groups promised, biofuel policies have increased costs to taxpayers and drivers, had little-to-no impact on oil prices, hurt rural economies, and had unforeseen environmental costs. This panel will provide background on the RFS and other biofuels programs, analyzing the many harmful effects of these federal policies. Does the RFS reduce dependence on foreign oil? What impact does it have on food prices? What environmental harms are caused as a result of the RFS? Does the RFS actually hurt agricultural producers? The presenters will answer these questions and identify several critical solutions.  Speakers will include Heritage’s Nick Loris, CEI’s Marlo Lewis and Dan Simmons of the Institute for Energy Research.

Forum to Look at Emissions at Chinese Ports – The Wilson Center’s China Energy Foundation (CEF) will host a panel discussion next Tuesday at 9:30 a.m. with Green Port experts as they assess how China’s new policies and on-the-ground efforts—such as port/vessel emissions inventories and emission control zones—are reducing pollution and climate emissions at major Chinese ports. Dr. Peng Chuansheng (China Waterborne Transport Research Institute) will lead the discussion in exploring how and why China is taking action on green ports. Ms. Freda Fung (Natural Resources Defense Council) will highlight Hong Kong’s successes in controlling port pollution and discuss needed incentives for green port/vessel technology development and emission compliance in China. Dr. Dan Rutherford (ICCT) will draw on a port study in Shenzhen produced for the China Environment Forum to discuss how shore power and fuel-switching offer critical solutions in reducing port emissions in China.   This meeting – part of CEF’s Choke Point: Port Cities initiative – is co-sponsored with the International Council on Clean Transportation (ICCT) and the Wilson Center’s Kissinger Institute on China and the United States.

NatGas Roundtable Hosts BGE Exec – The Natural Gas Roundtable is hosting Calvin Butler Jr., Chief Executive Officer of the Baltimore Gas and Electric Company (BGE), as its speaker at the next NatGas Roundtable luncheon at the University Club on Tuesday July 26th. Butler became chief executive officer of the Baltimore Gas and Electric Company on March 1, 2014 after serving as BGE’s senior vice president, regulatory and external affairs.

Forum to Look at Energy Potential – Future Tense and the Wilson Center’s Canada Institute will host a conversation tomorrow at Noon at New America on what it will take for North America to fulfill its energy potential. People tend to obsess over the monthly gyrations of oil prices and the latest regulatory battle over shale or pipeline-building, but we want to look forward to 2050. What concerted steps should Canada, Mexico, and the United States be taking to ensure that North America will become the world’s leading energy power for generations? And how can this region lead the world not only in output and economic growth, but also in setting new standards of environmental responsibility and sustainability?  Speakers include Sharon Burke of New America, Arizona State’s Hector Moreira (Director of Energy Model for Mexico Initiative) and Laura Dawson of the Wilson Center’s Canada Institute.

USEA to Host Global Nuke Discussion – The US Energy Assn will host a forum tomorrow at 2:00 p.m. looking at the global nuclear landscape to 2040 and the US role will be.  Affordable baseload electricity is crucial for countries to sustain the high level of economic growth they have experienced during the last decade. Government support, via regulations and financing, has been pivotal to the accelerated growth of nuclear energy. In China and India, as well as most of Asia and Europe, government enterprises are responsible for the construction and operation of nuclear power plants. The US cannot idly let its leadership position wither away in the global nuclear energy landscape. In the nuclear arena, leadership cannot be simply “restored” based on the old “push” model of Supply-side dominance from the 20th Century. Urban demand-side factors outside Europe and North America now are pulling nuclear power construction forward in the 21st Century to satisfy burgeoning electric demand, primarily in Asian cities, and for growing populations and water needs in the Middle East and Africa. USA and allies must redefine leadership in nuclear energy via international partnerships and alliances that are unfolding now. Speaker Andrew Paterson of the Environmental Business International will address the topic.

DEM Convention Forum Set – The New Policy Institute and NDN will host a major event at the Democratic National Convention in Philadelphia, tomorrow looking ahead at the future of America and American Politics.  This event will feature a dozen inspiring thought leaders who will offer their different perspectives on what is coming down the road for the US and our politics.  The event will take place at the Pennsylvania Convention Center, Room 204C, 200 Level Concourse, and run from 10:30 am to 2:30 pm If you would like to attend, please RSVP on our Eventbrite page today.  The event is free and open to the public.

Podesta to Headline Enviro Event at DNC – John Podesta, chairman of Hillary Clinton’s presidential campaign, will appear with Washington Gov. Jay Inslee, Tom Steyer and the leaders of major environmental groups at a Tuesday reception at 2:30 p.m. at the Warwick Hotel Rittenhouse Square in Philadelphia.  The reception, “winning on Climate Together” will also include Sierra Club Executive Director Michael Brune, LCV President Gene Karpinski, and NRDC President Rhea Suh.

ELI Forum Look at Distributed Solar Battles – On Wednesday, July 27th, ELI will host a forum on the recent changes in net metering policies and the future of distributed solar at the D.C. Bar Conference Center.  Thousands of Nevada consumers purchased solar arrays expecting to sell their electricity back to the grid at the same rates they pay for power – called “net-metering.” Solar companies expected to continue booming sales – and leasing – based on this high rate of return. That all changed last December when the Nevada Public Utility Commission significantly reduced net-metering rates. Existing customers were furious and sales of new systems basically ground to a halt. A few months later, after a similar fight, the California Public Utilities Commission reached a different result, maintaining full net-metering rates until 2019. And just this April, a coalition including Con Edison, Solar City, and Sunpower, Inc., submitted a net-metering proposal to the New York Public Service Commission billed as a breakthrough in utility-solar collaboration. The coalition claims their proposal will continue to incentivize residential solar while also providing utilities with protections necessary to insure that distributed solar will not cause the ever-dreaded Death Spiral for the utility industry.  These recent developments are only a sample of the debates raging before Public Utility Commissions across the country, where numerous proposals to change net-metering policies are pending, with important implications for the future of residential solar. Please join us for a panel discussion of these ongoing developments.

Fanning, Moniz, Daschle Headline DNC BPC Energy Event – The Bipartisan Policy Center and EEI will host a forum at the Democratic National Convention in Phily. The discussion will feature some of our nation’s most influential leaders on energy innovation as we discuss the respective roles of the public and private sectors in realizing the full potential of this opportunity as well as growing congressional support for energy innovation.  The event will feature Southern’s Tom Fanning, former Senate leader Tom Daschle, and Energy Secretary Ernie Moniz.

 

FUTURE EVENTS

Annual Enviro Superconference Set for Austin – The 28th annual Texas Environmental Superconference is set for August 4th and 5th at the Four Seasons in Austin, TX.  This year’s theme is Yogi Berra quotes and the conference is fittingly entitled “It’s like déjà vu all over again”; each topic has an appropriate quote assigned to it.   The event is co-sponsored by the State Bar of Texas Environmental and Natural Resources Law Section, the Air & Waste Management Association – Southwest Section, the Water Environment Association of Texas, the Texas Association of Environmental Professionals, The Auditing Roundtable, and the American Bar Association Section of Environment, Energy, and Resources. Bracewell will be hosting an event on Thursday, August 4th during the superconference with cocktails, small bites and a live performance by Quiet Company.  Speakers will include Gary Jonesi of EPA’s Enforcement office and Bryan Shaw of TCEQ, as well as Bracewell enviro experts Tim Wilkins and Kevin Collins.  See more on the event here.

Power-Gen Forum Set for Columbus – Regardless of the Democratic Platform challenge of natgas, Pennwell will host Mark McCullough, Executive Vice President, American Electric Power to discuss the growing role in natural gas in power generation at the upcoming GenForum scheduled August 22nd in Columbus, Ohio. The half-day event is connected with PennWell’s POWER-GEN/Natural Gas.

Forum to Look at Environment Policies, Investments in Electricity – The Bipartisan Policy Center, the Great Plains Institute and the Nicholas Institute for Environmental Policy Solutions are hosting a workshop in Atlanta at the Hyatt Regency on Tuesday September 13th.  The event will feature experts, state officials and stakeholders from across the Eastern Interconnect for a one-day workshop exploring recent modeling analyses that provide new insights into trends in the electricity sector. The event will explore what these trends mean for state energy and environmental policy choices. Experts will present their findings and stakeholders will have an opportunity to reflect on those findings.

SEJ Conference Set For Sacramento – The annual Society of Environmental Journalists (SEJ) Conference will be September 21-25 in Sacramento.  Of course, Bracewell’s PRG will be hosting our annual big reception on Thursday Night to welcome everyone.  More on this as we get closer.

Energy Update: Week of July 18

Friends,

Given all that is going on around the globe, I hope you were able to watch the final round of the British Open yesterday.  It was a riveting conclusion to a great golf championship where both Phil Mickelson and Henrik Stenson – both in their 40s – performed at their best.  And when it was over, the class and sportsmanship by each player was a testament to respect and honor.  One could only hope that kind of spirit could invade our political debate.

Speaking of the political debate, it’s showtime in Cleveland for the RNC.  I am heading up there later today.  Not a whole lot of energy action at the convention in Cleveland, but our friend Jay Faison will be on several panels that will look at energy issues.  Tomorrow at 10:00 a.m., he and others will visit with Steve Mufson at the Washington Post’s Cleveland HQ.  On Wednesday, POLITICO hosts an energy talk with Faison and ND Rep. and early Trump supporter Kevin Cramer.   Finally, on Wednesday at 5:00 p.m., BPC will host s a forum on priorities and policies at Heinen’s in Cleveland.  Though Trump has said little comprehensively on energy policy, experts seem to think that his administration energy policy would differ markedly from a renewables/climate-focused taken by a Clinton administration. One speaker on the schedule in Continental O&G CEO Harold Hamm, who hosted Trump in North Dakota earlier this year.

Another group there in full force is the National Rural Electric Cooperative Association (NRECA), who along with grabbing Jim Matheson as its new CEO, also recently launched a major initiative to enhance voter engagement with its “Co-ops Vote” campaign.  The effort is aimed at boosting voter turnout in areas served by cooperatives by encouraging electric co-op employees and their consumer members to exercise voting rights and support rural communities.  Meanwhile, our friend Debbie Wing is stepping up to a great new gig with the Farm Credit Council as their Executive Vice President for National Communications and Reputation Management.  Congrats Deb!!!

As a lead in to the Convention, Republican Candidate Donald Trump named Indiana Gov. (and former conservative Rep.) Mike Pence to be his running mate.  Pence is an Interesting guy and is well-liked in many political circles.  If you want the download on Pence, tune in to the best Pence expert in DC, CNN’s Tom Lobianco (@tomlobianco on Twitter).  Lobi covered Pence when he was in Indianapolis writing and covering politics for AP and the Indy Star.  You’ll be hard-pressed to find anyone who knows him better.

There is a really good event in DC tomorrow at CSIS when Pioneer Oil & Gas CEO Scott Sheffield discusses developments in the U.S. onshore oil and gas industry. On Thursday, USEA will host a forum on advanced fossil fuels featuring Neil Kern of Duke Energy, AWEA’s Peter Kelley addresses the National Economists Club and C2ES hosts a webinar looking at financing climate resilience.

Finally, overseas in Vienna this week, the big negotiating begins on efforts to limit the super-warming chemicals called hydrofluorocarbons (HFCs) under the Montreal Protocol.  The first phase of the nine-day negotiating session ended favorably in the early hours of Sunday morning with agreement on key “challenges and solutions.” This week, countries to focus on several key central issues:  ambitious schedules for freezing and phasing down HFC production and use in both developed and developing countries, and financial assistance to help developing countries achieve their phase-down commitments.  The HVAC industry has been a strong player in these negotiations and AHRI President Steve Yurek is there and happy to provide insights from Vienna.  Please let us know if you have questions.

Hope everyone travels and stays safe this week and next, as well as has some fun at the conventions.  Remember, our PRG team will be covering elections closely and offering our analysis running up to and following the November vote.  So stay in touch on the topic.

Best,

 

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“Producing syngas from Mississippi’s own abundant natural resource – lignite – should be encouraging to our customers, communities and energy companies around the world. This proves that Kemper’s technology can provide a way forward for coal and puts us a step closer to full plant operation.”

Mississippi Power President/CEO Anthony Wilson.

 

IN THE NEWS

HFC Talks Proceeding in Vienna – Nearly 40 ministers are in Vienna participating in the negotiations on cutting down hydrofluorocarbons (HFCs), which are the fastest growing greenhouse gases in many countries.  Used as replacements for ozone-depleting substances, HFCs are used in refrigeration, air conditioning, insulation, aerosols, solvents and fire protection products. Successful talks in Vienna could lead to an agreement when the Parties meet in Kigali, Rwanda, in October 2016. Such an agreement will help establish an early, clear and ambitious schedule to phase down HFCs, improve appliance energy efficiency and slow global warming.   NRDC’s Dave Doniger has a great synopsis of the first few days in HuffPost.   AHRI President Steve Yurek is also in Vienna on behalf of the HVAC industry which has played a strong role in the negotiations and supports the phase down.

Kemper Starts Producing Syngas – The Kemper County Energy Facility has begun producing syngas from lignite coal, developer Mississippi Power said Friday.  An integral aspect of the plant’s operations, syngas is created when locally mined lignite is heated at high temperatures in the plant’s gasifiers, converting the coal to gas. To produce electricity, the plant is designed to use syngas similarly to natural gas to power a turbine. The facility is designed to capture at least 65% of carbon dioxide, with resulting emissions better than a similarly sized natural gas plant.  The TRIG™ coal gasification technology deployed at the plant was jointly developed by Southern Company, KBR and the U.S. Department of Energy over the past two decades at the Power Systems Development Facility, an Alabama-based research facility operated by Southern Company. The successful production of syngas is an important step in the systematic process of achieving the facility’s full commercial operation. During the coming weeks, the Kemper project team also will be focused on starting up and integrating various systems needed to achieve the next major milestone – using syngas to produce electricity at the plant.  The plant, designed to be a new-build, integrated gasification combined cycle (IGCC) coal-fired power plant, has been producing electricity with natural gas since August 2014.

NRECA, Energy to Improve Cyber Security – The Energy Department said last week it will spend $15 million to help the private sector improve its cybersecurity culture.  The funds, which Congress must approve, will help the American Public Power Association and the National Rural Electric Cooperative Association train employees, produce documentation, and strengthen policies to reduce cyber risks, as well as site assessments and drills. NRECA said Cooperatives understand that no utility is immune from attack and that protecting the electric grid is a challenge the utility sector must solve. By collaborating with these partners, and giving the nation’s more than 900 co-ops access to advanced cybersecurity technology and training, all boats can be lifted.  Over the next three years, NRECA will use the $7.5 million award to develop security tools, educational resources, updated guidelines and training materials.  Continued investments in the people, processes and technology needed to secure critical infrastructure will strengthen the ability of NRECA’s members to meet rapidly changing cybersecurity threats.

SAFE Letter on Autonomous Vehicles Lands in NYT – SAFE had a letter in the NY Times on Sunday addressing a recent op-ed article regarding autonomous vehicle issues.  Robbie Diamond, CEO and founder of Securing America’s Future Energy (SAFE) and SAFE Autonomous Vehicle Initiative director Amitai Bin-Nun said in the wake of the Tesla Autopilot fatality and continuing National Highway Traffic Safety Administration investigation, Times Reporters Michael Sivak and Brandon Schoettle make the important, if perhaps self-evident, point that self-driving cars must be certified safe before public use. The real question for policy makers, however, is what constitutes an appropriately “safe” autonomous vehicle. Our current transportation system exacts a terrible toll: More than 35,000 people died on American roads in 2015, an almost 8% increase over 2014, and the system is almost completely dependent on petroleum, constraining American foreign policy and exposing our servicemen and women to conflict.  They say autonomous vehicles have the potential to reduce traffic fatalities, expand mobility access to millions, and enhance national and economic security by building a fuel-diverse transportation system. These benefits compel the deployment of autonomous vehicles once their safety matches today’s cars with all their flaws. Imposing excessive regulation and barriers to deployment runs contrary to the national interest.

Platts Capitol Crude Looks at Fracking – This week’s Capitol Crude podcast looks at natgas drilling and the impact of the recent efforts On “Keep it in the Ground” surrounding the Democratic Platform. Recent, the President’s top science advisor has called the movement unrealistic. Has the movement to stop the historic growth of US shale oil and gas lost its momentum? And how does a federal judge’s recent decision to overturn the administration’s regulations of fracking impact the movement’s path forward? Platts Brian Scheid gets perspective on the issue from Earthjustice’s Michael Freeman and Western Energy Alliance’s Kathleen Sgamma.  And its only Scheid this week because his partner in crime at Platts, Herman Wang has launched to London to cover OPEC for Platts.  Congrats to Herman and get some fish & chips, a Shepard’s pie or Chicken Tikka Masala for me…

 

ON THE SCHEDULE THIS WEEK

Republican Convention – Cleveland will host the Republican Convention at the Quicken Loans Arena starts today running through Thursday.  The Republican National Committee (RNC) says the convention will host approximately 2,470 delegates and 2,302 alternate delegates from all 50 states, the District of Columbia and five territories. Jeff Larson, CEO of the 2016 Republican National Convention released an updated program for the “Make America Great Again” convention that will include veterans, political outsiders, faith leaders and presumptive Republican nominee Donald Trump’s family members will lead an unconventional lineup of speakers who have real-world experience.  You can see the full line up for each night here.

BGov Holds Climate Forum at RNC –  Bloomberg Government and Defend Our Future holds a discussion today at Noon on the future of climate change in the Republican Party at the RNC in Cleveland.

Education, Energy Conference Set – The 2016 Energy Conference for Educators will continue today through Thursday at the Hyatt Regency Crystal City.  The event brings together educators that are passionate about bringing energy education to their classrooms. In five interactive days in Washington, D.C., the conference provides teachers with the most up-to-date information on all aspects of energy including the science of energy, sources of energy, transportation, electricity, efficiency and environmental and economic impacts.  Participants receive the training and materials to implement innovative hands-on energy units in their classrooms, multi-disciplinary teams, and after-school programs. They also receive the materials, training and support to conduct in-services in their areas to introduce the NEED program to others. NEED leaders at the conference help participants develop specialized units that meet state standards and can be utilized with students of all learning styles.

WaPo to Host Faison Energy Conversation – The Washington Post will host an Energy Conversation with ClearPath Founder Jay Faison on Tuesday July 19th at the their GOP convention HQ in Cleveland.

Forum to Look at Bioenergy – The Environmental and Energy Study Institute (EESI) will host a forum tomorrow at 1:30 p.m. in 1300 Longworth assessing the ability of the United States to sustainably produce 1 billion tons of renewable non-food biomass every year. This could potentially displace more than 30 percent of the country’s petroleum consumption. The briefing will focus on key findings from volume 1 of the 2016 Billion-Ton Update, which examines the technical feasibility of a billion-ton annual biomass supply chain by 2040. The 2016 report, to be released at the Bioenergy 2016 conference in mid-July, builds and expands on previous Billion-Ton studies, released in 2005 and 2011 by the Department of Energy’s Bioenergy Technologies Office (BETO).  Speakers for this forum DOE’s Alison Goss Eng, USDA Bioenergy Chief Scientist Valerie Reed and USDA Energy Policy Director Harry Baumes.

Pioneer CEO to Discuss Industry at CSIS – The CSIS Energy and National Security Program is hosting Scott Sheffield, Chairman and CEO of Pioneer Natural Resources tomorrow at 1:30 p.m. to discuss developments in the U.S. onshore oil and gas industry. Mr. Sheffield has held the position of CEO for Pioneer Natural Resources since August 1997 and assumed the position of chairman of the board in August 1999. In this position Sheffield heads one of the leading producers of unconventional oil and gas in the United States. Sheffield will share his views on recent market developments and regulatory changes in the oil and gas landscape, as well as Pioneer’s strategy for addressing the challenges and opportunities facing the industry today and in the future.

Wilson Forum to Look at Paris Climate Goals in Latin America – Tomorrow at 3:00 p.m., the Woodrow Wilson Center hosts a forum looking at the Paris climate agreement and the role of Latin American countries. How are Latin American countries confronting climate change? What are the prospects for the implementation of the Paris Agreement in Latin America? What are the main factors which might speed up or undermine the transition to low-emission and resilient economies in the region? All questions to be addressed by experts in the region.

Faison, Cramer Headline POLITICO RNC Energy Forum – POLITICO will host an energy caucus live on Wednesday at 12:45 in its Hub in Cleveland.  The forum will be a deep dive discussion, featuring a variety of perspectives, about the energy policy issues facing the next president and how the candidates are resonating in battleground states.  Featured speakers will; include Rep. Kevin Cramer (R-ND), ClearPath’s Jay Faison and Jai Chabria of Mercury, along with a few others.

BPC Hosts Energy Discussion in Cleveland – The Bipartisan Policy Center (BPC) and Milken Institute are hosting a series of policy forums with business and political leaders at the Republican National Convention. On Wednesday at 5:00 p.m. at Heinen’s in Downtown Cleveland, they will host cocktails and hors d’oeuvres as they discuss entrepreneurship and economic growth, infrastructure and energy policy, global competitiveness and tax policy, and medical and health innovation.  Jay Faison will be speaking on the energy topics.

Webinar to explore financing climate resilience – The Center for Climate and Energy Solutions (C2ES) hosts a webinar, Thursday at Noon looking at financing climate resilience. Extreme weather events and disasters are already impacting our infrastructure. The need to update infrastructure provides an opportunity to build in climate resilience. This webinar will explore options for financing resilience and will feature an interactive discussion with experts in the field about opportunities and potential challenges. Speakers will include HUD’s Bruce Ciallella, expert Shalini Vajjhala, C2ES expert Katy Maher and Fatima Maria Ahmad.  You can register here.

AWEA’s Kelley to Address Economists – The National Economists Club hosts AWEA’s Peter Kelley on Thursday at Noon at the Chinatown Garden Restaurant to discuss clean energy economics and the rapid change ahead.  Wind power is one of the biggest, fastest, cheapest ways to reduce carbon pollution and solve our climate challenge. Electricity generated from wind now costs two-thirds less than in 2009, so it’s already saving U.S. consumers billions of dollars a year on their energy bills. Wind is making enough electric power for 20 million homes today, and can be the largest source of electricity in America by mid-century.

Forum to Look at Climate and Private Sector Implications –On Thursday at Noon, the Global America Business Institute (GABI), in collaboration with the Korea Institute of Energy Research, will discuss and present information on “Inclusive Development & Climate Change: Implications for the Private Sector,” with Dr. Arun Kashyap as the guest speaker. As development and economic growth continue throughout the world, implications for the private sector become even greater, particularly with respect to climate change and clean energy innovation. Dr. Kashyap will present on how to integrate analysis and implement evidence based initiatives, create partnerships, and innovate to foster equity, strengthen welfare, and build resilience for marginalized households and communities in developing and middle-income countries within the confines of the Paris Agreement on Climate Change, as the international community works to develop and deploy alternative, clean energy.

USEA to Host Duke Energy Exec on Advanced Fossil Fuels – On Thursday at 2:00 p.m., USEA will host a forum on advanced fossil fuels.  Neil Kern of Duke Energy will review some of the factors impacting today’s utility business models and the resulting new demands being placed on central generation plants. As renewable energy deployment increases and movement towards lower carbon footprints continues, central station operating profiles are fundamentally changing. New technologies must be developed to maintain grid reliability and enable this transition. The presentation will discuss some of the advanced generation technologies, including supercritical CO2 and CCUS, being developed to address these new challenges while identifying their benefits, research gaps, and what  needs to be done to encourage adoption by industry.

 

FUTURE EVENTS

Democratic Convention – A week later, the Democrats will head to Philadelphia for the 2016 Democratic National Convention at the Wells Fargo Center on July 25th – 28th.

AAAS Forum to Look at Human Rights, Climate – Next Monday, July 25th starting at 8:30 a.m., the American Association for the Advancement of Science will hold a day-long forum on the human rights implications of climate change and the contributions scientists, engineers, and health professionals can make towards addressing these concerns.  The sessions will highlight examples of scientific research that is contributing to human rights-based policies for climate change prevention, mitigation, adaptation, and community relocation. In addition, panelists will share models for collaborative climate research in partnership with vulnerable communities. Coalition meetings convene scientists, engineers, and health professionals with human rights leaders and policy makers to discuss emerging issues at the nexus of science and human rights. The Coalition serves as a catalyst for the increased involvement of scientific, engineering, and health associations and their members in human rights-related activities.   The main speaker will be Robert Bullard, Dean of the Barbara Jordan-Mickey Leland School of Public Affairs at Texas Southern University.

Heritage, CEI Look at Biofuel Programs – The Heritage Foundation hosts a panel discussion next Tuesday on repealing the Renewable Fuel Standard and other Biofuel Programs. U.S. biofuels policy is a case study in the unintended consequences of government intervention. In contrast to what politicians and special interest groups promised, biofuel policies have increased costs to taxpayers and drivers, had little-to-no impact on oil prices, hurt rural economies, and had unforeseen environmental costs. This panel will provide background on the RFS and other biofuels programs, analyzing the many harmful effects of these federal policies. Does the RFS reduce dependence on foreign oil? What impact does it have on food prices? What environmental harms are caused as a result of the RFS? Does the RFS actually hurt agricultural producers? The presenters will answer these questions and identify several critical solutions.  Speakers will include Heritage’s Nick Loris, CEI’s Marlo Lewis and Dan Simmons of the Institute for Energy Research.

Forum to Look at Emissions at Chinese Ports – The Wilson Center’s China Energy Foundation (CEF) will host a panel discussion next Tuesday at 9:30 a.m. with Green Port experts as they assess how China’s new policies and on-the-ground efforts—such as port/vessel emissions inventories and emission control zones—are reducing pollution and climate emissions at major Chinese ports. Dr. Peng Chuansheng (China Waterborne Transport Research Institute) will lead the discussion in exploring how and why China is taking action on green ports. Ms. Freda Fung (Natural Resources Defense Council) will highlight Hong Kong’s successes in controlling port pollution and discuss needed incentives for green port/vessel technology development and emission compliance in China. Dr. Dan Rutherford (ICCT) will draw on a port study in Shenzhen produced for the China Environment Forum to discuss how shore power and fuel-switching offer critical solutions in reducing port emissions in China.   This meeting – part of CEF’s Choke Point: Port Cities initiative – is co-sponsored with the International Council on Clean Transportation (ICCT) and the Wilson Center’s Kissinger Institute on China and the United States.

NatGas Roundtable Hosts BGE Exec – The Natural Gas Roundtable is hosting Calvin Butler Jr., Chief Executive Officer of the Baltimore Gas and Electric Company (BGE), as its speaker at the next NatGas Roundtable luncheon at the University Club on Tuesday July 26th. Butler became chief executive officer of the Baltimore Gas and Electric Company on March 1, 2014 after serving as BGE’s senior vice president, regulatory and external affairs.

USEA to Host Global Nuke Discussion – The US Energy Assn will host a forum on Tuesday, July 26th at 2:00 p.m. looking at the global nuclear landscape to 2040 and the US role will be.  Affordable baseload electricity is crucial for countries to sustain the high level of economic growth they have experienced during the last decade. Government support, via regulations and financing, has been pivotal to the accelerated growth of nuclear energy. In China and India, as well as most of Asia and Europe, government enterprises are responsible for the construction and operation of nuclear power plants. The US cannot idly let its leadership position wither away in the global nuclear energy landscape. In the nuclear arena, leadership cannot be simply “restored” based on the old “push” model of Supply-side dominance from the 20th Century. Urban demand-side factors outside Europe and North America now are pulling nuclear power construction forward in the 21st Century to satisfy burgeoning electric demand, primarily in Asian cities, and for growing populations and water needs in the Middle East and Africa. USA and allies must redefine leadership in nuclear energy via international partnerships and alliances that are unfolding now. Speaker Andrew Paterson of the Environmental Business International will address the topic.

DEM Convention Forum Set – The New Policy Institute and NDN will host a major event at the Democratic National Convention in Philadelphia, on Tuesday, July 26th looking ahead at the future of America and American Politics.  This event will feature a dozen inspiring thought leaders who will offer their different perspectives on what is coming down the road for the US and our politics.  The event will take place at the Pennsylvania Convention Center, Room 204C, 200 Level Concourse, and run from 10:30 am to 2:30 pm If you would like to attend, please RSVP on our Eventbrite page today.  The event is free and open to the public.

ELI Forum Look at Distributed Solar Battles – On Wednesday, July 27th, ELI will host a forum on the recent changes in net metering policies and the future of distributed solar at the D.C. Bar Conference Center.  Thousands of Nevada consumers purchased solar arrays expecting to sell their electricity back to the grid at the same rates they pay for power – called “net-metering.” Solar companies expected to continue booming sales – and leasing – based on this high rate of return. That all changed last December when the Nevada Public Utility Commission significantly reduced net-metering rates. Existing customers were furious and sales of new systems basically ground to a halt. A few months later, after a similar fight, the California Public Utilities Commission reached a different result, maintaining full net-metering rates until 2019. And just this April, a coalition including Con Edison, Solar City, and Sunpower, Inc., submitted a net-metering proposal to the New York Public Service Commission billed as a breakthrough in utility-solar collaboration. The coalition claims their proposal will continue to incentivize residential solar while also providing utilities with protections necessary to insure that distributed solar will not cause the ever-dreaded Death Spiral for the utility industry.  These recent developments are only a sample of the debates raging before Public Utility Commissions across the country, where numerous proposals to change net-metering policies are pending, with important implications for the future of residential solar. Please join us for a panel discussion of these ongoing developments.

Fanning, Moniz, Daschle Headline DNC BPC Energy Event – The Bipartisan Policy Center will host a forum at the Democratic National Convention in Phily. The discussion will feature some of our nation’s most influential leaders on energy innovation as we discuss the respective roles of the public and private sectors in realizing the full potential of this opportunity as well as growing congressional support for energy innovation.  The event will feature Southern’s Tom Fanning, former Senate leader Tom Daschle, and Energy Secretary Ernie Moniz.

Annual Enviro Superconference Set for Austin – The 28th annual Texas Environmental Superconference is set for August 4th and 5th at the Four Seasons in Austin, TX.  This year’s theme is Yogi Berra quotes and the conference is fittingly entitled “It’s like déjà vu all over again”; each topic has an appropriate quote assigned to it.   The event is co-sponsored by the State Bar of Texas Environmental and Natural Resources Law Section, the Air & Waste Management Association – Southwest Section, the Water Environment Association of Texas, the Texas Association of Environmental Professionals, The Auditing Roundtable, and the American Bar Association Section of Environment, Energy, and Resources. Bracewell will be hosting an event on Thursday, August 4th during the superconference with cocktails, small bites and a live performance by Quiet Company.  Speakers will include Gary Jonesi of EPA’s Enforcement office and Bryan Shaw of TCEQ, as well as Bracewell enviro experts Tim Wilkins and Kevin Collins.  See more on the event here.

Power-Gen Forum Set for Columbus – Regardless of the Democratic Platform challenge of natgas, Pennwell will host Mark McCullough, Executive Vice President, American Electric Power to discuss the growing role in natural gas in power generation at the upcoming GenForum scheduled August 22nd in Columbus, Ohio. The half-day event is connected with PennWell’s POWER-GEN/Natural Gas.

 

Energy Update: Week of July 11

Friends,

It has been a bizarre week and there are few words that I can connect to make sense of it.  I can’t say it any better than Dallas Police Chief David Brown did yesterday in a lengthy interview (here is link for Part II) with CNN’s Jake tapper.  I highly recommend you review it.  Not only were we impacted by the tragedy in Dallas, we in the DC policy community suffered our own tragic loss when RFF’s Molly Macauley was tragically lost to senseless violence late Friday.  We offer our sympathies to her family, our friends at RFF and all those who knew her as a colleague.  These times are difficult times.

Serena Williams and Andy Murray both rolled to straight set victories at Wimbledon and tomorrow, Major League Baseball hosts its 87th mid-summer All-Star Classic in San Diego.  Home Run Contest is tonight.

The Democratic Platform crossed another milestone over the weekend in Orlando.  Those following the energy-related aspects of the process featuring activist Bill McKibbon, Josh Fox and others over “keep it in the ground” and other climate-related issues should feel free to call. We have folks that can address the topic.  Democrats seemed have given in to the progressive wing on nearly all issues despite falling short of calling for a national moratorium on natgas drilling.

This week Congress continues to roll to its summer election-year recess.  It looks like we may see a vote to send energy legislation to a conference and finalize a few more environmental budget bills.   The Congressional Renewable Energy Expo will also start tomorrow and House Resources digs into Colorado shale tomorrow, renewable energy on public lands legislation on Wednesday and past renewable projects like Ivanpah on Thursday.

The main event this week is today and tomorrow’s EIA Annual Energy Conference, which will feature Tesoro CEO Greg Goff and several others.

One week until the GOP Convention in Cleveland…Two weeks to Democratic Convention Philadelphia. We will have teams at both events and are covering the action.  And only four weeks now until the launch of the Summer Olympics In Rio.   Finally, remember our PRG team will be covering elections closely and offering our analysis running up to and following the November vote.  So stay in touch on the topic.

 

Best,

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“We have produced by far the most progressive platform that this party has seen in multiple generations.”

Connecticut Gov. Dan Malloy (D), co-chairman of the Democratic platform committee.

 

IN THE NEWS

Cabot to Supply NatGas for New PA Power Plant – Cabot Oil & Gas will provide natural gas to a new gas-fired power plant in Pennsylvania under a 10-year agreement.   Cabot will supply Invenergy’s 1,500MW Lackawanna Energy Center power plant in Lackawanna county.  Billed as one of the most efficient power plants in the country, the Lackawanna Energy Center power plant will start full-scale operations by the end of 2018.  Dan Dinges, the company’s top executive, said the agreement is unique in that it will power a state-of-the-art facility from natural gas “directly in our backyard.”

Dems Finalization Uber Progressive Platform – The Washington Post reports from swelter Orlando that the Democratic Party shifted further to the left in one election than perhaps since 1972, embracing once-unthinkable stances on carbon pricing, police reform, abortion rights, the minimum wage and the war on drugs. It did so with very little ideological resistance and a lot of comity between the supporters of Bernie Sanders and Hillary Clinton.  Dems approved language that while not outright banning natural gas drilling, it prioritized the building of solar and wind plants before natural-gas facilities. That change contradicted eight years of consensus that natural gas was a “bridge” to energy independence.

New Documents Show AGs Block Access – New responses from state Attorneys General offices (OAGs) obtained by the Energy & Environment Legal Institute (E&E Legal) and the Free Market Environmental Law Clinic (FME Law) confirm that the coalition of Democratic Attorneys General using racketeering laws to investigate universities, climate scientists, free market think tanks and energy companies are hiding behind a contract with each other — also apparently with outside activists helping the campaign — to avoid releasing public records relating to their pursuit of political opponents.  This confirms suggestions in prior emails, obtained under state open records laws, that the AGs had entered what they are calling a Common Interest Agreement (CIA), with green activists and other AGs, and are using this contract of nondisclosure among themselves to keep public records regarding their RICO push from the public.  CIAs are common instruments, but what the AGs and green groups have attempted is not; nor is keeping the pact itself from the public normal.  To be legitimate, parties to a common interest agreement must have imminent litigation, a clear scope and clearly shared interests.  Instead, documents obtained to date show that these AGs and their green-group colleagues with inherently disparate interests have entered not a legitimate CIA, but a pact of secrecy, covering broad topics, not specific matters, simply to avoid scrutiny of otherwise public records relating to their extraordinarily controversial abuse of political opponents’ First Amendment rights.

API: Oil Completions Drop in 2Q – The American Petroleum Institute (API) estimates in its 2016 Quarterly Well Completion Report that US oil well completions fell 69% in the second quarter compared with year-ago levels.  Estimated exploratory gas well completions in the second quarter decreased 84% year-over-year. So far this year, development well footage has declined 53% while exploratory well footage has declined 64%, the report indicates.

 

ON THE SCHEDULE THIS WEEK

Tesoro, Kinder CEOs Headline EIA Conference – The U.S. Energy Information Administration (EIA) will hold its 2016 Energy Conference today and tomorrow in Washington, DC. This two-day event provides the opportunity to meet and network with energy analysts, decision makers, and EIA staff.  Conference session topics that may be relevant to EIA stakeholders interested in information about greenhouse gasses include: 1) Clean Power Plan: EIA, EPA, and state and regional perspectives and 2) Climate—next steps: Perspectives from the United States, Europe, and China.  Keynoters are Tesoro’s Greg Goff, Kinder Morgan’s Steve Kean and Dan Gardiner, Advisor to the Canadian PM.  OSTP Director John Holdren, Sen. Jeff Flake and Rep. Eddie Bernice Johnson will also be on the agenda.  View the full list of speakers and sessions and register today.  Among the Panel speakers include our friends Andrew Gohn of AWEA, NREL’s Bryan Hannegan and EPA’s Joe Goffman.

Energy to Host Transportation Summit – The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE), will hold its first ever Sustainable Transportation Summit today and tomorrow. The Summit will bring together transportation and mobility leaders to discuss the technology, policy and market innovations that hold the potential to shape the transportation system of the future. This year’s Summit will highlight progress and achievements in sustainable transportation R&D and efforts to bring new technologies to market, including the President’s EV Everywhere Grand Challenge. It will also serve as a forum to share ideas and perspectives on opportunities to accelerate the commercialization and deployment of advanced transportation technologies and smart mobility systems over the next decade.

WCEE, Bracewell to Host NY PSC Chair – The Women’s Council on Energy and Environment and Bracewell are hosting a reception for NY State Public Service Commission Chairwoman Audrey Zibelman this evening at 5:30 p.m.  Zibelman leads the regulatory process redesigning the state’s electricity market, called Reforming the Energy Vision (REV). Facing a $30B cost to maintain NY’s electricity grid over the next 10 years, and keenly aware of the vulnerability of the grid after Superstorm Sandy crippled Long Island and southern portions of the state, NY sought alternatives to reduce the need for new infrastructure, maximize the utilization of existing assets and encourage clean energy, and created NY REV.

WFI Hosts Climate Film Screening – The Washington Film Institute invites you to a Special Screening Event hosted by Participant Media and Congressman Ted Lieu: “Merchants of Doubt.”  The movie takes audiences on a satirically comedic, yet illuminating ride into the heart of conjuring American spin on climate change and other public threats.   A panel discussion follows the movie with U.S. Rep. Ted Lieu (CA-33), Dr. Naomi Oreskes, Bob Inglis – Executive Director of Republicen.org, Greg Dotson – VP of Energy Policy at the Center for American Progress, and remarks by Senator Sheldon Whitehouse (RI).

EESI Holds Congressional Renewables Forum – The Environmental and Energy Study Institute (EESI) holds its 19th annual Congressional Renewable Energy and Energy Efficiency Expo and Policy Forum in the Cannon building.  The forum will bring together up to 50 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies. In every state across the country, these technologies are having a significant impact in business development and job creation in the manufacturing, transmission, power, transportation, and building sectors. The bipartisan House Renewable Energy & Energy Efficiency Caucus and the Senate Renewable Energy & Energy Efficiency Caucus are honorary co-hosts of the Expo.

House Resources to Look at CO Shale – The House Natural Resources Committee’s Subcommittee on Energy and Mineral Resources will hold an oversight hearing tomorrow on the opportunities and challenges of developing Colorado’s Mancos Shale Resource.  Witnesses will include Gunnison Energy CEO Robert Downey, Carbondale, CO Rancher Bill Fales, USGS Energy Resource Director Walter Guidroz, Program Coordinator and Mesa County Commissioner Rose Pugliese.

Bioenergy Forum Set – The U.S. Department of Energy’s (DOE’s) Bioenergy Technologies Office (BETO) will host its ninth annual conference—Bioenergy 2016: Mobilizing the Bioeconomy through Innovation on Wednesday. Partnering with the Clean Energy Research and Education Foundation (CEREF), this year’s conference will focus on opportunities to grow future feedstock supplies and breakthrough technology barriers to achieve a stronger bioeconomy.  Each year, approximately 600 participants attend the conference, including key stakeholders from the bioenergy industry, Congress, national laboratories, academia, and the financial community.  For more information about the program and schedule for Bioenergy 2016, please contact the Department of Energy Bioenergy Technologies Office (BETO) at Bioenergy2016@ee.doe.gov.

Senate Energy to Look at Infrastructure Legislation – The Senate Energy Committee’s Subcommittee on Energy will hold a hearing tomorrow to receive testimony on S. 3018, the Securing Energy Infrastructure Act, and to examine protections designed to guard against energy disruptions. Witnessed include DOE’s Patricia Hoffman,  NRECA Board Member and Arkansas Electric Cooperative Corporation Duane Highley, EPRI’s Rob Manning and Brent Stacey of the Idaho National Laboratory.

CSIS Papers to Look at China, Global Energy Security – The CSIS Energy and National Security Program is hosting Boston University’s Kevin Gallagher and Oklahoma’s Bo Kong on Wednesday to discuss the role of Chinese state financing in global energy development and to present findings from two of their recently published studies from the Global Economic Governance Initiative at BU. The first study authored by Dr. Gallagher, ‘Fueling Growth and Financing Risk’, examines the benefits and risks of China’s development finance in the global energy sector.  The other study led by Dr. Bo Kong, entitled ‘The Globalization of Chinese Energy Companies’, tracks the role that the Chinese state has played in helping domestic energy firms to become global household names in the industry. Edward Chow, Senior Fellow with the CSIS Energy and National Security Program, will moderate the discussion.

House Resources to Look Renewables on Public Lands – The House Natural Resources Committee’s Subcommittee on Energy and Mineral Resources will hold a Legislative Hearing Wednesday at 2:00 p.m. on H.R. 2663 (Rep. Paul Gosar), to promote the development of renewable energy on public land, and for other purposes.”

Former Petrobras Exec Discusses Brazil Energy – On Thursday at 9:00 a.m., the Atlantic Council will host a forum with former Petrobras CEO Decio Oddone.  As Brazil continues down the path of political uncertainty, the promise of its energy sector has been thrown into question. With state-owned Petrobras still reeling from political scandal, is the country’s energy sector — once heralded as the key to its economic expansion — down for the count? Or, amid the downturn, does the oil and gas sector hold unprecedented opportunity? What does the interim Brazilian government need to achieve to ensure a light at the end of tunnel?

Shelk Headline Capacity Markets – The CSIS Energy and National Security Program will hold a forum on Thursday at 10:00 a.m. looking at the future of capacity markets.  The event will feature EPSA CEO John Shelk, the Regulatory Assistance Project’s Michael Hogan and our friend Christi Tezak of ClearView Energy Partners.  Ensuring that there is adequate electric power generation to meet established reliability standards is an imperative task for regulators. In organized wholesale markets, however, how exactly to ensure medium- to long-term resource adequacy continues to be the subject of debate and experimentation. Different jurisdictions have adopted different responses, with several markets mandating the procurement of capacity through organized capacity markets. Although the existence and operation of the capacity markets varies across jurisdictions, persistent concerns remain about the functioning and adequacy of capacity markets to ensure long-term reliability—especially in light of a rapidly changing grid with higher penetration of variable renewables and distributed energy resources. This session is part of the Electricity in Transition series from the Energy and National Security Program and will cover the basic theory behind capacity markets, discuss the pathways different jurisdictions have pursued, as well as the challenges perceived by states and market participants.

House Resources will Look at Ivanpah, Other BLM Projects – The House Natural Resources Committee’s Subcommittee on Oversight and Investigations will convene an oversight hearing on Thursday at 10:00 a.m. on the status of Ivanpah and other Federal Loan-Guaranteed Solar Energy Projects on BLM management lands.

USEA to Host Alberta Energy Official – On Thursday at 11:00 a.m., US Energy Association will host a forum featuring a discussion about the Alberta Energy Regulator.  The AER operates within the province of Alberta, Canada, and is the single provincial regulator for oil, natural gas, oil sands, and coal development within Alberta.  The AER ensures the safe, efficient, orderly, and environmentally responsible development of hydrocarbon resources over their entire life cycle. This includes allocating and conserving water resources, managing public lands, and protecting the environment while providing economic benefits for all Albertans.  Kirk Bailey, executive vice president of the Operations Division at AER, will speak to the AER’s transformation, highlighting critical initiatives under its purview.

ASE Forum to Look at Grid Modernization – The Alliance to Save Energy is hosting a Congressional Briefing on Thursday at Noon in the Capitol Visitors Center on the role of energy efficiency in a modernizing energy system.  The term ‘grid edge’ refers to the hardware, software and business innovations that are increasingly enabling smart, connected infrastructure to be installed at the ‘edge’ of the power grid. Depending on who you talk to, grid edge could either be the future of a modern and efficient energy system or fizzle out like so many other ambitious concepts.

USEA to Look at CCS Projects – Also on Thursday at 2:00 p.m., the U.S. Energy Association will hold a forum on financing Carbon Capture & Storage (CCS) demonstration projects.  Over two decades, more than a dozen other CCS demonstration projects came on-line.  However, there were many more projects that were announced that never came to fruition. By studying both the successful and unsuccessful projects, one can discern patterns and learn valuable lessons that can be applied to future efforts.  This presentation summarizes a study that analyzes the financing of large-scale CCS demonstration projects and reports the lessons learned.  Speaker will be MIT’s Howard Herzog.

Forum to Discuss Panama Canal Shipping Issues – The National Capital Area Chapter of the United States Association for Energy Economics will hold its next installment of its monthly lunch series on Friday at Noon in Carmines.  The forum will feature Basil Karatzas, CEO of Karatzas Maritime Advisors who will focus on the implications on energy shipping economics, including the significant effect on US LNG and petroleum shipments to Asia following the historic completion of the Panama Canal expansion and official unveiling last weekend.  Basil attended the official ceremony and recently spoke on the impact of the expansion on shipping economics at a conference in Panama.
FUTURE EVENTS

Education, Energy Conference Set – The 2016 Energy Conference for Educators will be held Sunday, July 17 to Thursday, July 21st at the Hyatt Regency Crystal City.  The event brings together educators that are passionate about bringing energy education to their classrooms. In five interactive days in Washington, D.C., the conference provides teachers with the most up-to-date information on all aspects of energy including the science of energy, sources of energy, transportation, electricity, efficiency and environmental and economic impacts.  Participants receive the training and materials to implement innovative hands-on energy units in their classrooms, multi-disciplinary teams, and after-school programs. They also receive the materials, training and support to conduct in-services in their areas to introduce the NEED program to others. NEED leaders at the conference help participants develop specialized units that meet state standards and can be utilized with students of all learning styles.

Republican Convention – Cleveland will host the Republican Convention at the Quicken Loans Arena July 18-21st.  The Republican National Committee (RNC), the convention will host approximately 2,470 delegates and 2,302 alternate delegates from all 50 states, the District of Columbia and five territories.

WaPo to Host Faison Energy Conversation – The Washington Post will host an Energy Conversation with ClearPath Founder Jay Faison on Tuesday July 19th at the their GOP convention HQ in Cleveland.

Forum to Look at Bioenergy – The Environmental and Energy Study Institute (EESI) will host a forum on Tuesday July 19th at 1:30 p.m. in 1300 Longworth assessing the ability of the United States to sustainably produce 1 billion tons of renewable non-food biomass every year. This could potentially displace more than 30 percent of the country’s petroleum consumption. The briefing will focus on key findings from volume 1 of the 2016 Billion-Ton Update, which examines the technical feasibility of a billion-ton annual biomass supply chain by 2040. The 2016 report, to be released at the Bioenergy 2016 conference in mid-July, builds and expands on previous Billion-Ton studies, released in 2005 and 2011 by the Department of Energy’s Bioenergy Technologies Office (BETO).  Speakers for this forum DOE’s Alison Goss Eng, USDA Bioenergy Chief Scientist Valerie Reed and USDA Energy Policy Director Harry Baumes.

Pioneer CEO to Discuss Industry at CSIS – The CSIS Energy and National Security Program is hosting Scott Sheffield, Chairman and CEO of Pioneer Natural Resources, on Tuesday July 19th at 1:30 p.m. to discuss developments in the U.S. onshore oil and gas industry. Mr. Sheffield has held the position of CEO for Pioneer Natural Resources since August 1997 and assumed the position of chairman of the board in August 1999. In this position Sheffield heads one of the leading producers of unconventional oil and gas in the United States. Sheffield will share his views on recent market developments and regulatory changes in the oil and gas landscape, as well as Pioneer’s strategy for addressing the challenges and opportunities facing the industry today and in the future.

Faison, Cramer Headline POLITICO RNC Energy Forum – POLITICO will host an energy caucus live on Wednesday July 20 at 12:45 in its Hub in Cleveland.  The forum will be a deep dive discussion, featuring a variety of perspectives, about the energy policy issues facing the next president and how the candidates are resonating in battleground states.  Featured speakers will; include Rep. Kevin Cramer (R-ND), ClearPath’s Jay Faison and Jai Chabria of Mercury, along with a few others.

Webinar to explore financing climate resilience – The Center for Climate and Energy Solutions (C2ES) hosts a webinar, Thursday, July 21st at Noon looking at financing climate resilience. Extreme weather events and disasters are already impacting our infrastructure. The need to update infrastructure provides an opportunity to build in climate resilience. This webinar will explore options for financing resilience and will feature an interactive discussion with experts in the field about opportunities and potential challenges. Speakers will include HUD’s Bruce Ciallella, expert Shalini Vajjhala, C2ES expert Katy Maher and Fatima Maria Ahmad.  You can register here.

USEA to Host Duke Energy Exec on Advanced Fossil Fuels – On Thursday July 21st at 2:00 p.m., USEA will host a forum on advanced fossil fuels.  Neil Kern of Duke Energy will review some of the factors impacting today’s utility business models and the resulting new demands being placed on central generation plants. As renewable energy deployment increases and movement towards lower carbon footprints continues, central station operating profiles are fundamentally changing. New technologies must be developed to maintain grid reliability and enable this transition. The presentation will discuss some of the advanced generation technologies, including supercritical CO2 and CCUS, being developed to address these new challenges while identifying their benefits, research gaps, and what  needs to be done to encourage adoption by industry.

Democratic Convention – A week later, the Democrats will head to Philadelphia for the 2016 Democratic National Convention at the Wells Fargo Center on July 25th – 28th.

DEM Convention Forum Set – The New Policy Institute and NDN will host a major event at the Democratic National Convention in Philadelphia, on Tuesday, July 26th looking ahead at the future of America and American Politics.  This event will feature a dozen inspiring thought leaders who will offer their different perspectives on what is coming down the road for the US and our politics.  The event will take place at the Pennsylvania Convention Center, Room 204C, 200 Level Concourse, and run from 10:30 am to 2:30 pm If you would like to attend, please RSVP on our Eventbrite page today.  The event is free and open to the public.

Annual Enviro Superconference Set for Austin – The 28th annual Texas Environmental Superconference is set for August 4th and 5th at the Four Seasons in Austin, TX.  This year’s theme is Yogi Berra quotes and the conference is fittingly entitled “It’s like déjà vu all over again”; each topic has an appropriate quote assigned to it.   The event is co-sponsored by the State Bar of Texas Environmental and Natural Resources Law Section, the Air & Waste Management Association – Southwest Section, the Water Environment Association of Texas, the Texas Association of Environmental Professionals, The Auditing Roundtable, and the American Bar Association Section of Environment, Energy, and Resources. Bracewell will be hosting an event on Thursday, August 4th during the superconference with cocktails, small bites and a live performance by Quiet Company.  Speakers will include Gary Jonesi of EPA’s Enforcement office and Bryan Shaw of TCEQ.  See more on the event here.

Power-Gen Forum Set for Columbus – Regardless of the Democratic Platform challenge of natgas, Pennwell will host Mark McCullough, Executive Vice President, American Electric Power to discuss the growing role in natural gas in power generation at the upcoming GenForum scheduled August 22nd in Columbus, Ohio. The half-day event is connected with PennWell’s POWER-GEN/Natural Gas.

 

Energy Update: Week of July 5

Friends,

I hope everybody enjoyed an extra day for the 4th, celebrating our freedom with fireworks, family and friends.  Here in DC, the rain seemed to hold enough just enough to get our celebrations in.

Now that basketball and hockey are complete, and baseball slides toward its Summer All-Star classic, it was a very exciting weekend of sports.  Wimbledon is now heading into its second week of the fortnight and the Tour de France has launched.  On the grass courts of the All England Club, we have already seen a major upset on the men’s side with Novak Djokovic losing to American Sam Querrey.  Federer and Murray both look strong.  On the Women’s side, both Serena and Venus Williams won quarterfinal matches this morning with the bracket lining up for a sisters final if they both continue to win out.

As far as France, it looks like the 103rd Tour de France’s 21 stages this year will cover a total distance of 3,519 km.  The route will consist of 9 mountain stages including 4 summit finishes (Andorre Arcalis, Mont Ventoux, Finhaut-Emosson et Saint-Gervais Mont Blanc).  As usual, the crew will get only two rest days, and this year, the race will visit three neighboring countries: Spain, the Principality of Andorra and Switzerland.  The race started on Saturday in Mont-Saint-Michel and raced past Normandy to Utah Beach.  You can see the analysis of each stage here and the livestream daily here.

This week, Congress returns to action for GMO votes in the Senate and spending legislation in the House before lawmakers race to the July 15th summer break deadline.  While we have heard rumors that both houses may vote to start an energy conference, so far there has been little movement that would indicate that Democrats – especially in the Senate – are that interested.   Finally, FAA authorization must be renewed by July 15th so we are also watching that to see if it will collect additional items.

On the committee side this week, there will be a House Resources Committee hearing tomorrow on offshore leasing innovations featuring our friends Randi Luthi of NOIA and Walter Cruickshank of BOEM.  Also tomorrow, House Energy will review of EPA’s regulatory activity during the Obama Administration for the energy and industrial sectors.  EPA’s Janet McCabe will be under fire again and other panelists include NARUC President and Montana PSC Chair Travis Kavulla, former Obama DOE official Chuck McConnell and Texas Railroad Commission Chair David Porter.  On Thursday, House Energy tackles agreement targeting spent nuclear fuel disposal and House Resources is back on BLM’s planning rule redraft getting state perspectives.  Finally, a House Judiciary panel and House Budget will both look into regulations and their impact on the economy tomorrow and Thursday respectively.

While this week is slow, remember to mark your calendars for the annual EIA Energy Conference set for next Monday and Tuesday. Keynoters are Tesoro’s Greg Goff, Kinder Morgan’s Steve Kean and Dan Gardiner, Advisor to the Canadian PM.  OSTP Director John Holdren, Sen. Jeff Flake and Rep. Eddie Bernice Johnson will also be on the agenda.

Finally, just two weeks to the launch of the Republican Convention in Cleveland.  We are beginning to think we may have to just expect the unexpected.  It should be an interesting convention.  And just one week later, we head to Philadelphia for the Democratic Convention, which should be a little more normal.  One interesting item to watch though will be the platform fight over “Keep it in the Ground.”

 

Best,

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“Carlos, Tom and Elise are independent leaders that works across the aisle to protect the environment and enable the development of clean energy, which creates jobs and makes America more secure. Their continued leadership is critical to ensuring that Congress moves ahead with sensible, forward-looking legislation that promotes a diverse, affordable and reliable set of existing power sources, as well as make the necessary investments to foster innovation that will create the next generation of clean energy power.”

ClearPath Action Fund Founder and CEO Jay Faison endorsing his first House Candidates, Reps. Carlos Curbelo (FL) , Tom Reed (NY) and Elise Stefanik (NY) last week.

 

IN THE NEWS

Southern Company, AGL Resources complete merger – Southern Company and AGL Resources completed their merger late last week creating one of America’s leading energy providers.  The company now consists of 11 regulated electric and natural gas distribution companies providing service to approximately 9 million customers; operations of nearly 200,000 miles of electric transmission and distribution lines and more than 80,000 miles of natural gas pipelines; and generating capacity of approximately 44,000 megawatts.   The combined company serves utility customers in 9 states – Alabama, Florida, Georgia, Illinois, Maryland, Mississippi, New Jersey, Tennessee and Virginia – and has wholesale electricity generation and natural gas services, retail energy services and natural gas storage operations across the U.S.  For customers, this combination is expected to help the Southern Company system better meet their energy needs over time by improving current and future energy infrastructure development. For communities, it provides for the expansion of the company’s customer-focused business model.

ClearPath Endorses House Clean Energy Champions – ClearPath Action Fund is endorsing several conservative clean energy champions and starting digital campaign for Senators they endorse earlier this Spring.   ClearPath endorsed House members Carlos Curbelo of Florida and New York’s Tom Reed and Elise Stefanik.  ClearPath is touting their achievements starting soon with cutting-edge, six-figure digital media campaign. The campaigns, which will be run by Anthro, will include buys on many digital networks, including Facebook, Google, Twitter, YouTube and 4info. It will leverage a sophisticated microtargeting and test design strategy to segment persuadable clean energy voters by state and district.

ClearPath Starts Senate Digital Campaigns – Larger six-figure digital campaigns also began touting the clean energy records of ClearPath Action Fund’s initial congressional endorsements, Sens. Rob Portman and Kelly Ayotte. In addition to the 15-second and 30-second ads spotlighting Portman and Ayotte, voters will be driven to RobForCleanEnergy.com and KellyForCleanEnergy.com to further learn about their clean energy accomplishments.

NHTSA Releases Traffic Fatality Data Preliminary data released by the U.S. Department of Transportation’s National Highway Traffic Safety Administration show a 7.7% increase in motor vehicle traffic deaths in 2015. An estimated 35,200 people died in 2015, up from the 32,675 reported fatalities in 2014. Transportation Secretary Anthony Foxx said they are analyzing the data to determine what factors contributed to the increase in fatalities and at the same time, we are aggressively testing new safety technologies, new ways to improve driver behavior, and new ways to analyze the data we have, as we work with the entire road safety community to take this challenge head-on.  Although the data are preliminary and requires additional analysis, the early NHTSA estimate shows 9 out of 10 regions within the United States had increased traffic deaths in 2015. The most significant increases came for pedestrians and bicyclists. View the report

SAFE Says Report Underscores Need for Leadership on Autonomous Vehicles – The NTSHA announcement, combined with the recent news of a fatal crash that occurred while Tesla’s autopilot function was activated, illustrate both the importance of autonomous driving features, and the imperative need for caution when deploying these features.  “These two events are deeply interrelated. The roads are becoming much more dangerous, as distracted driving is on the rise,” said Robbie Diamond, President and CEO of Securing America’s Future Energy. “Policymakers and the private sector must work together to expedite the adoption of autonomous vehicles, which will improve roadway safety by orders of magnitude—but this technology must be deployed with caution. The fatal crash of a Tesla vehicle on autopilot is a perfect example of the fact that human beings must be carefully stewarded when introduced to a technology as game-changing as autonomous or semi-autonomous vehicles.”

Driverless Cars Would Save Lives – One study conducted in Ann Arbor Michigan found that 200,000 personal vehicles could be replaced by just 18,000 shared, connected, autonomous vehicles. Opportunities like these abound across the United States, and with them, the chance to accelerate a widespread transition to alternative fuels like electricity, delinking America from the volatile global oil market and enhancing our economic and national security. In addition to the benefits for American energy security, connected, driverless cars could save 3,000 lives worldwide every day.

 

ON THE SCHEDULE THIS WEEK

House Resources to Look at Offshore Leasing Innovations – The House Natural Resources Committee’s Subcommittee on Energy and Mineral Resources will hold a hearing tomorrow to look at Rep Garrett Graves “Innovation in Offshore Leasing Act.”  The legislation amends the Outer Continental Shelf Lands Act to authorize the Secretary of the Interior to conduct offshore oil and gas lease sales through Internet-based live lease sales.  Witnesses include BOEM’s Walter Cruickshank, NOIA’s Randy Luthi, EnergyNet CEO William Britain and Jayni Hein of the NYU’s Institute for Policy Integrity.

House Energy Tackles EPA Regs – The House Energy & Commerce Committee’s Subcommittee on Energy and Power will hold a hearing tomorrow reviewing EPA’s regulatory activity during the Obama Administration energy and industrial sectors.  Testifying will be Air Office head Janet McCabe as well ND Industrial Commission Director Lynn Helms, Montana PSC Chair and NARUC head Travis Kavulla, former DOE Obama official Chuck McConnell, Texas Railroad Commission Chair David Porter and Robert Weissman of Public Citizen.

House Judiciary Panel to Host OIRA Head, Experts on Regs – The House Judiciary Subcommittee on Regulatory Reform will hold a hearing tomorrow at 3:00 p.m. featuring OMB Office of Regulatory Affairs Administrator Howard Shelanski and four nongovernmental witnesses.   The hearing will look at the Obama regulatory impacts on jobs, wages and economic recovery.  Witnesses will include OIRA’s Howard Shelanski, former OMB/CBO official Douglas Holtz-Eakin, CEI’s Clyde Wayne Crews, GMU’s Mercatus Center VP William Beach, vice president and David Driesen, of the Syracuse University College of Law.

House Budget Panel to Also Look at Regs – Speaking of regulations, the Budget Committee will also hold a hearing at 9:30 a.m. on Thursday on the topic and how it fits into the budget process.  Regulation experts Crews and Beach will return to the Budget Committee and will be joined by Beach’s Mercatus colleague Patrick McLaughlin and George Washington U law expert Richard Pierce.

House Energy to Address Spent Fuel – The House Energy & Commerce Committee’s Subcommittee on Environment and the Economy will tackle Federal, state and local agreements and associated benefits for spent nuclear fuel disposal on Thursday at 10:00 a.m. The hearing is expected to examine the costs and benefits of building the Yucca Mountain repository northwest of Las Vegas. Representatives of Nye County are expected to be in attendance, as are public and private stakeholders from the Silver State.

House Resources to Look at BLM Rule Upgrade – The House Natural Resources Committee’s Subcommittee on Oversight and Investigations will hold an oversight hearing on Thursday at 10:00  a.m., looking at state perspectives on BLM’s draft planning 2.0 rule. Deputy assistant secretary of land and minerals management at Interior Department Jim Lyons returns to the Hill after a battle last week in the Senate.  He will be joined by former House approps staffer Jim Ogsbury, now the executive director of the Western Governors’ Association, Utah’s Public Lands Policy Coordinating Office director Kathleen Clarke and Jeff Fontaine, the executive director of the Nevada Association of Counties.

Forum Looks at Waste Issues – Ambassador Henne Schuwer of the Royal Netherlands Embassy and Congressman Paul Tonko (D-NY) will co-host a forum at 11:45 a.m. in B-369 Rayburn on waste to jumpstart the discussion on how companies and legislators can transition to a circular economy.  Representatives from both the American and Dutch private sector will address the opportunities and barriers that businesses will face when making this transition in a panel discussion, followed by a Q&A. The session will be moderated by Kevin Moss, Global Director of Business Center at the World Resources Institute.  The Trash to Treasure forum is organized under the Holland on the Hill initiative, a joint project of the Royal Netherlands Embassy, the Dutch Congressional Caucus, the Netherlands business community, and the Netherland-America Foundation.

House Science to Markup Energy Legislation – The House Committee on Science will meet to markup legislation on Thursday at 2:00 p.m.  The Committee will address the “Solar Fuels Innovation Act”, the “Electricity Storage Innovation Act”, and the “National Institute of Standards and Technology Campus Security Act.” Chairman Smith’s “Electricity Storage Innovation Act” would establish a Department of Energy research program on storing and converting electrical power into chemical energy while Rep. Steve Knight’s (R-Calif.) legislation to establish a solar fuels basic research initiative at DOE.

RFA to Hold Webinar – Our friends at the Renewable Fuels Assn will be hosting a webinar on Thursday at 11:00 a.m. on gasoline refining and blending.  The RFF has teamed up with the fuel refining experts at MathPro, Inc. to sponsor a 5-part webinar series that examines ethanol’s unique octane properties and its potential role as the octane source of choice in future fuels. The series will look at the opportunities and challenges that lie ahead for ethanol-based high-octane fuels.  The next/third part will be July 28th.

Forum to Look at Asia Oil, Gas Issues – On Friday, the National Bureau of Asian Research and the Woodrow Wilson International Center for Scholars will co-host NBR’s 12th annual Energy Security Workshop, “’Oil and Gas for Asia’ Revisited: Asia’s Energy Security amid Global Market Change.” The 2016 Energy Security Workshop will examine how lower prices have impacted the global oil supply and demand outlook and how this is impacting the supply security of the region’s major oil importers.  It will also look at Asia’s key supply and geopolitical uncertainties, including prospects for sustaining the region’s longer-term goal of diversifying its oil import sources geographically.  Finally, it will look at what lower oil prices might mean for LNG prices and efforts to spur natural gas consumption in Asia, reduce coal use, and advance post-Paris climate ambitions.

 

FUTURE EVENTS

Tesoro, Kinder CEOs Headline EIA Conference – The U.S. Energy Information Administration (EIA) will hold its 2016 Energy Conference on July 11th and 12th in Washington, DC. This two-day event provides the opportunity to meet and network with energy analysts, decision makers, and EIA staff.  Conference session topics that may be relevant to EIA stakeholders interested in information about greenhouse gasses include: 1) Clean Power Plan: EIA, EPA, and state and regional perspectives and 2) Climate—next steps: Perspectives from the United States, Europe, and China.  Keynoters are Tesoro’s Greg Goff, Kinder Morgan’s Steve Kean and Dan Gardiner, Advisor to the Canadian PM.  OSTP Director John Holdren, Se. Jeff Flake and Rep. Eddie Bernice Johnson will also be on the agenda.  View the full list of speakers and sessions and register today.  Among the Panel speakers include our friends Andrew Gohn of AWEA, NREL’s Bryan Hannegan and EPA’s Joe Goffman.

Energy to Host Transportation Summit – The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE), will hold its first ever Sustainable Transportation Summit next Monday and Tuesday. The Summit will bring together transportation and mobility leaders to discuss the technology, policy and market innovations that hold the potential to shape the transportation system of the future. This year’s Summit will highlight progress and achievements in sustainable transportation R&D and efforts to bring new technologies to market, including the President’s EV Everywhere Grand Challenge. It will also serve as a forum to share ideas and perspectives on opportunities to accelerate the commercialization and deployment of advanced transportation technologies and smart mobility systems over the next decade.

WCEE, Bracewell to Host NY PSC Chair – The Women’s Council on Energy and Environment and Bracewell are hosting a reception for NY State Public Service Commission Chairwoman Audrey Zibelman on Monday, July 11th at 5:30 p.m.  Zibelman leads the regulatory process redesigning the state’s electricity market, called Reforming the Energy Vision (REV). Facing a $30B cost to maintain NY’s electricity grid over the next 10 years, and keenly aware of the vulnerability of the grid after Superstorm Sandy crippled Long Island and southern portions of the state, NY sought alternatives to reduce the need for new infrastructure, maximize the utilization of existing assets and encourage clean energy, and created NY REV.

EESI Holds Congressional Renewables Forum – The Environmental and Energy Study Institute (EESI) holds its 19th annual Congressional Renewable Energy and Energy Efficiency Expo and Policy Forum on July 12th in the Cannon building.  The forum will bring together up to 50 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies. In every state across the country, these technologies are having a significant impact in business development and job creation in the manufacturing, transmission, power, transportation, and building sectors. The bipartisan House Renewable Energy & Energy Efficiency Caucus and the Senate Renewable Energy & Energy Efficiency Caucus are honorary co-hosts of the Expo.

Bioenergy Forum Set – The U.S. Department of Energy’s (DOE’s) Bioenergy Technologies Office (BETO) will host its ninth annual conference—Bioenergy 2016: Mobilizing the Bioeconomy through Innovation. Partnering with the Clean Energy Research and Education Foundation (CEREF), this year’s conference will focus on opportunities to grow future feedstock supplies and breakthrough technology barriers to achieve a stronger bioeconomy.  Each year, approximately 600 participants attend the conference, including key stakeholders from the bioenergy industry, Congress, national laboratories, academia, and the financial community.  For more information about the program and schedule for Bioenergy 2016, please contact the Department of Energy Bioenergy Technologies Office (BETO) at Bioenergy2016@ee.doe.gov.

CSIS Papers to Look at China, Global Energy Security – The CSIS Energy and National Security Program is hosting Boston University’s Kevin Gallagher and Oklahoma’s Bo Kong on Wednesday July 13th to discuss the role of Chinese state financing in global energy development and to present findings from two of their recently published studies from the Global Economic Governance Initiative at BU. The first study authored by Dr. Gallagher, ‘Fueling Growth and Financing Risk’, examines the benefits and risks of China’s development finance in the global energy sector.  The other study led by Dr. Bo Kong, entitled ‘The Globalization of Chinese Energy Companies’, tracks the role that the Chinese state has played in helping domestic energy firms to become global household names in the industry. Edward Chow, Senior Fellow with the CSIS Energy and National Security Program, will moderate the discussion.

Shelk Headline Capacity Markets – The CSIS Energy and National Security Program will hold a forum on Thursday, July 14th at 10:00 a.m. looking at the future of capacity markets.  The event will feature EPSA CEO John Shelk, the Regulatory Assistance Project’s Michael Hogan and our friend Christi Tezak of ClearView Energy Partners.  Ensuring that there is adequate electric power generation to meet established reliability standards is an imperative task for regulators. In organized wholesale markets, however, how exactly to ensure medium- to long-term resource adequacy continues to be the subject of debate and experimentation. Different jurisdictions have adopted different responses, with several markets mandating the procurement of capacity through organized capacity markets. Although the existence and operation of the capacity markets varies across jurisdictions, persistent concerns remain about the functioning and adequacy of capacity markets to ensure long-term reliability—especially in light of a rapidly changing grid with higher penetration of variable renewables and distributed energy resources. This session is part of the Electricity in Transition series from the Energy and National Security Program and will cover the basic theory behind capacity markets, discuss the pathways different jurisdictions have pursued, as well as the challenges perceived by states and market participants.

USEA to Host Alberta Energy Official – On Thursday, July 14th at 11:00 a.m., US Energy Association will host a forum featuring a discussion about the Alberta Energy Regulator.  The AER operates within the province of Alberta, Canada, and is the single provincial regulator for oil, natural gas, oil sands, and coal development within Alberta.  The AER ensures the safe, efficient, orderly, and environmentally responsible development of hydrocarbon resources over their entire life cycle. This includes allocating and conserving water resources, managing public lands, and protecting the environment while providing economic benefits for all Albertans.  Kirk Bailey, executive vice president of the Operations Division at AER, will speak to the AER’s transformation, highlighting critical initiatives under its purview.

ASE Forum to Look at Grid Modernization – The Alliance to Save Energy is hosting a Congressional Briefing on Thursday July 14th at Noon in the Capitol Visitors Center on the role of energy efficiency in a modernizing energy system.  The term ‘grid edge’ refers to the hardware, software and business innovations that are increasingly enabling smart, connected infrastructure to be installed at the ‘edge’ of the power grid. Depending on who you talk to, grid edge could either be the future of a modern and efficient energy system or fizzle out like so many other ambitious concepts.

USEA to Look at CCS Projects – Also on Thursday, July 14th at 2:00 p.m., the U.S. Energy Association will hold a forum on financing Carbon Capture & Storage (CCS) demonstration projects.  Over two decades, more than a dozen other CCS demonstration projects came on-line.  However, there were many more projects that were announced that never came to fruition. By studying both the successful and unsuccessful projects, one can discern patterns and learn valuable lessons that can be applied to future efforts.  This presentation summarizes a study that analyzes the financing of large-scale CCS demonstration projects and reports the lessons learned.  Speaker will be MIT’s Howard Herzog.

Forum to Discuss Panama Canal Shipping Issues – The National Capital Area Chapter of the United States Association for Energy Economics will hold its next installment of its monthly lunch series on Friday July 15th at Noon in Carmines.  The forum will feature Basil Karatzas, CEO of Karatzas Maritime Advisors who will focus on the implications on energy shipping economics, including the significant effect on US LNG and petroleum shipments to Asia following the historic completion of the Panama Canal expansion and official unveiling last weekend.  Basil attended the official ceremony and recently spoke on the impact of the expansion on shipping economics at a conference in Panama.

Republican Convention – Cleveland will host the Republican Convention at the Quicken Loans Arena July 18-21st.  The Republican National Committee (RNC), the convention will host approximately 2,470 delegates and 2,302 alternate delegates from all 50 states, the District of Columbia and five territories.

WaPo to Host Faison Energy Conversation – The Washington Post will host an Energy Conversation with ClearPath Founder Jay Faison on Tuesday July 19th at the their GOP convention HQ in Cleveland.

Pioneer CEO to Discuss Industry at CSIS – The CSIS Energy and National Security Program is hosting Scott Sheffield, Chairman and CEO of Pioneer Natural Resources, on Tuesday July 19th at 1:30 p.m. to discuss developments in the U.S. onshore oil and gas industry. Mr. Sheffield has held the position of CEO for Pioneer Natural Resources since August 1997 and assumed the position of chairman of the board in August 1999. In this position Sheffield heads one of the leading producers of unconventional oil and gas in the United States. Sheffield will share his views on recent market developments and regulatory changes in the oil and gas landscape, as well as Pioneer’s strategy for addressing the challenges and opportunities facing the industry today and in the future.

Faison, Cramer Headline POLITICO RNC Energy Forum – POLITICO will host an energy caucus live on Wednesday July 20 at 12:45 in its Hub in Cleveland.  The forum will be a deep dive discussion, featuring a variety of perspectives, about the energy policy issues facing the next president and how the candidates are resonating in battleground states.  Featured speakers will; include Rep. Kevin Cramer (R-ND), ClearPath’s Jay Faison and Jai Chabria of Mercury, along with a few others.

Democratic Convention – A week later, the Democrats will head to Philadelphia for the 2016 Democratic National Convention at the Wells Fargo Center on July 25th – 28th.

DEM Convention Forum Set – The New Policy Institute and NDN will host a major event at the Democratic National Convention in Philadelphia, on Tuesday, July 26th looking ahead at the future of America and American Politics.  This event will feature a dozen inspiring thought leaders who will offer their different perspectives on what is coming down the road for the US and our politics.  The event will take place at the Pennsylvania Convention Center, Room 204C, 200 Level Concourse, and run from 10:30 am to 2:30 pm If you would like to attend, please RSVP on our Eventbrite page today.  The event is free and open to the public.

 

Independence Day Energy Update

Friends,

This week begins the run up to the July 4th holiday, which is next Monday, giving us all a fun, extended weekend.  While most people will be celebrating with fireworks and parades, I always use the day to listen to one of my favorite Soundgarden songs 4th Of July, written when singer-songwriter Chris Cornell was on an acid trip.  It is the best song on their megahit record Superunknown and a staple at most Soundgarden concerts.  In fact, while he didn’t play it at the Hippodrome in Baltimore last Thursday, Cornell played an awesome acoustic show with covers of Prince, U2 and Bob Dylan along with the Soundgarden, Audioslave and Temple of the Dog classics.

Not to be outdone by Cornell, Stacey and I went to DC101’s Kerfuffle yesterday, mostly to see the 80s cult band, the Violent Femmes.  But I was also impressed with 90s West Coast Punk trailblazer Blink-182, who was really good, with drummer Travis Barker (of MTV reality show fame) absolutely killing it for two hours.  I was there because, despite the Alice In Chains (of course without Layne Staley) lead in, I still couldn‘t stomach going to Guns ‘N Roses.  #notafan

Good news…or maybe not, depending on your view.  There has been some reporting on Saturday’s draft of the Democratic Policy Platform that will not include a carbon tax or a ban on hydraulic fracturing.  It does however include some hearty perennials like a $15-an-hour minimum wage, efforts to curb “Wall Street greed” and tax hikes on multi-millionaires. The document calls for at least 50% of electrical generation to come from renewable energy sources within a decade and 100% by 2050, keeping fossil fuels “in the ground” on federal land, an end to eminent domain for fossil fuel companies on federal land, allowing the Justice Department to investigate whether fossil fuel companies deceived the public and investors on the risks associated with climate change and a “climate test” for federal government actions like Keystone.  The full Platform Committee meets next month in Orlando, Florida.

While the House has recessed until after July 4th, the Senate remains in this week to working on funding bills and the FAA extension.  There is also word out that they may vote to go to conference on the  energy bill before they leave.  We’ll see.  The committees will still be going too with Senate Energy grilling Interior’s Jim Lyons over Sage Grouse Protections (my colleague Eric Washburn Is a great resource 202-412-5211), Senate Environment doing the same to EPA Enforcement chief Cynthia Giles on Wednesday and Homeland Security tackling regulations Thursday with our friends, former OMB official Paul Noe and CEI reg guru Clyde Wayne Crews.

Off the Hill, EIA’s Adam Sieminski rolls out their 2016 Annual Energy Outlook tomorrow at Johns Hopkins in advance of the upcoming annual EIA Energy Conference on July 12th.  On Wednesday,  IPAA and the Arctic Energy Center will host an offshore Arctic Policy Briefing in the morning at the Liaison featuring Senator Lisa Murkowski, while the U.S.-Africa Chamber of Commerce hosts Marc Breslaw, Executive Director of the NRECA International Foundation in the evening.  Finally, on Thursday, the Natural Gas Roundtable is hosting Travis Kavulla, President and Chairman of the Board of Directors of NARUC.

While I mentioned the upcoming EIA Energy Conference on July 12, next week also features the Aspen Ideas Forum in Colorado and my colleagues Jason Hutt and Eric Washburn will be attending.  Yes, they drew the short straws…tough luck to be in Aspen!

Finally, Congrats to our friends Nicole Daigle and Michael Tadeo.  As some of you may know, Nicole heads over from API to fill the opening left by our friend Robert Dillon, who is now headed to Alaska to help with Lisa Murkowski’s campaign.  And Tadeo, Dillon’s understudy at Energy heads over to API as a media relations associate.  I love the musical chairs when I know everybody!!  Call with questions…

 

Best,

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“We need a tax on carbon. We need to end fracking.”

Sen Bernie Sanders on CNN Friday when asked about the weekend’s platform Committee work session.

“It’s possible I just did a poor job of explaining them, so happily I’m pretty sure at least some will be reintroduced by more skillful orators at the Orlando meeting, and maybe if that doesn’t work then in Philadelphia.”

Sanders Platform appointee and 350.org activist Bill McKibbon to E&E News on why each of his proposals were rejected, albeit narrowly.

 

IN THE NEWS

Rural U.S. Economy Remains Sluggish – The June edition of Creighton University’s Rural Mainstreet Index says the economy in rural America remains sluggish amid weak farmland prices and pessimism from bankers.  “This is the 10th straight month the overall index has remained below growth neutral. Even though agriculture and energy commodity prices have increased recently, they remain well below last year’s prices and from their peak levels in 2011,” said Ernie Goss, an economics professor at Creighton’s Heider College of Business and author of the survey.  The index, based on a survey of bank CEOs in a 10-state region, registered a 43.9 reading on a 100-point scale in June. That was a slight improvement from the May reading of 40.9, as hiring rose above the neutral mark of 50.  Still, bankers say they are concerned about the state of the rural economy and continue to tighten credit in response to weakness in the farm economy.  Nearly 75% of the respondents said they have increased collateral requirements because of reductions in farm income and agriculture commodity prices during the last three years.

LA Plants Likely to Increase Emissions to Avoid Blackouts – With temperatures rolling to 100-plus degrees in the LA Basin, regional air quality regulators are allowing  the Los Angeles Department of Water and Power to violate pollution rules this summer by burning diesel fuel at three of its power plants if it is the only way to prevent blackouts.  In a 3-1 vote late Wednesday, the South Coast Air Quality Management District’s hearing board granted the public utility a 90-day exemption from emissions limits and other permit requirements at its power plants in Long Beach, Wilmington and Sun Valley. In April, a report from state energy agencies and LADWP warned that Southern California could face rolling blackouts during as many as 14 days this summer if gas supply is curtailed following the leak at the Southern California Gas Co.’s Aliso Canyon facility.  While Local officials, environmental groups and efficiency advocates are bickering and deflecting blame over the situation, it Is clear that part of the problem is California’s longer-term approach which has boxed coal generation out of its mix.  Sounds like a great plan to implement nationwide!

Bloomberg Analyst: Royalty Rates Bigger Drag on Coal that CPP – Our friends at First Word Energy report that Bloomberg Intelligence analyst Rob Barnett releases a new report set for release today that says President Obama’s efforts to cut carbon emissions will have more success with the moratorium on federal coal leases rather than EPA’s carbon rules,. About 40% of U.S. coal is mined on federal lands, and the Interior Department is reviewing raising the royalty rates on that coal. The current rate is 12.5%; in its report last week the Council of Economic Advisers examined the impact of hiking that to anywhere from 17% to 304%. Barnet writes higher royalty rates for new coal leases on U.S. government land may end up shuttering a significant portion of the nation’s coal production.

Obama Signs TSCA Legislation – President Barack Obama signed chemical safety reform legislation this morning, reforming the longtime legislation that regulates chemicals, the broadly bipartisan Frank R. Lautenberg Chemical Safety for the 21st Century Act, H.R. 2576.  The President signed the legislation with Lautenberg’s widow, Bonnie, also attending.  Under the compromise reform bill, EPA will receive expanded abilities to regulate and a revived mandate to go after a specific dangerous substances, including asbestos and arsenic. In return, states’ authority to more deeply regulate chemicals was limited. The legislation is Congress’ most significant environmental achievement under Obama.

API Polling Shows Strong Support for Energy – Just weeks away from the Democratic and Republican national conventions, new polling confirms that energy is important to American voters. Whether Republican, Democrat or Independent, majorities of voters support increased production of oil and natural gas and, crucially for this year’s candidates, they are more likely to support a candidate who wants to produce more oil and natural gas. As the party platform committees develop their election priorities, key poll findings should be considered:

  • 77% support increased production of oil and natural gas (Republican 94%; Independent 73%; Democrat 64%)
  • 69% support candidates who want to produce more oil and natural gas (Republican 86%; Independent 69%; Democrat 57%)
  • 77% of voters consider it important that the U.S. is doing better than other major economies in Europe and elsewhere in reducing greenhouse gases (Republican 65%; Independent 72%; Democrat 94%)
  • 70% support natural gas’ role in reducing U.S. greenhouse gases (Republican 80%; Independent 66%; Democrat 63%)
  • 88% consider it important that gasoline & diesel fuels are helping reduce air pollution (Republican 83%; Independent 92%; Democrat 93%)
  • 64% oppose higher taxes that could decrease energy production (Republican 79%; Independent 64%; Democrat 50%)
  • 77% are concerned about government requirements increasing ethanol in gasoline (Republican 82%; Independent 82%; Democrat 70%)
  • 82% support increased energy infrastructure (Republican 88%; Independent 88%; Democrat 74%)
  • 73% support a national energy policy that ensures a secure supply of abundant, affordable and available energy for the American people in an environmentally responsible manner (Republican 67%; Independent 76%; Democrat 79%)

Bloomberg Poll Says Most Insiders Expect RFS Reform –  According to you, RFS reform is a sure thing.  The results of yesterday’s survey are in and it seems that our dear readers overwhelmingly believe that Congress will revamp the Renewable Fuel Standard in 2017. A meager 16% said that RFS reform proposals are dead in the water.

Senators Urge Support For Strong RFS – Not to be out done, on Friday, 39 senators sent a letter to EPA Administrator Gina McCarthy, urging EPA to ensure the final 2017 Renewable Fuel Standard (RFS) rule “promote[s] growth in the U.S. biofuel sector and capture economic opportunity rather than drive investment overseas.” The 2017 proposal calls on refiners to blend 14.8 billion gallons of conventional biofuels in 2017, slightly below the 15-billion-gallon level envisioned by Congress when it expanded the RFS in 2007.  RFA pushed the letter.

SoCo Company to Increase Renewables –Georgia Power will add 1,200 megawatts of renewable energy to its electrical generation portfolio during the next five years, enough to power nearly 200,000 homes, under an agreement with the state Public Service Commission (PSC). Georgia Power agreed to add 1,050 megawatts of utility-scale renewable power through two requests for proposals the Atlanta-based utility intends to issue next year and in 2019. The first 525 megawatts would go into service in 2018 and 2019, while the other 525 would go on line in 2020 and 2021. Georgia Power is also building the Plant Vogtle Nuclear expansion.

 

ON THE SCHEDULE THIS WEEK

Xcel Exec to Keynote TransForum West in Denver – PennWell’s TransmissionHub will host its 5th annual TransForum West event tomorrow and Wednesday in Denver. Kicking off the event will be Alice Jackson, vice president – Regulatory Rates, Xcel Energy, who will deliver the keynote address on Tuesday.  There will also be several panels, including one on regional planning dynamics in the West that will include such speakers as PacifiCorp’s Carolyn Barbash, Don Fuller of the California ISO and Johannes Pfeifenberger of the Brattle Group.

Forum to Look at European Energy Infrastructure – Tomorrow at 8:30 a.m. to 12:30 p.m., the Overseas Private Investment Corporation (OPIC) will hold a seminar for American investors, consultants and suppliers of goods and services on energy and infrastructure opportunities in Europe through the European Bank for Reconstruction and Development (EBRD).  The EBRD is an international, AAA-rated financial institution, which promotes transition to market economies. It operates in 36 countries, from central Europe to central Asia, the Western Balkans, and the southern and eastern Mediterranean. In the energy sector, EBRD has financed $3.7 billion of investments across 60 projects since the beginning of 2014, leveraging a further $10 billion from private investors and co-financiers. EBRD considers financing for a wide range of energy sector investments including:  renewables (wind, solar PV, biomass and geothermal plants}; thermal power generation; electricity transmission, distribution and demand side management; oil and gas production, refining and distribution; and mining activities.

EIA to Release 2016 Energy Outlook – EIA will release its Annual Energy Outlook 2016 tomorrow at 10:00 a.m. in the Kenney-Herter Auditorium at Johns Hopkins University in DC.  EIA’s Adam Sieminski will present “Annual Energy Outlook 2016” (AEO2016) with projections of U.S. energy supply, demand, and prices to 2040.  The discussion will consider AEO2016 cases that address the Clean Power Plan; proposed fuel economy standards for trucks; alternative resource and technology assumptions; and other key energy topics.

Forum to Look at Role of Nuclear – The Global America Business Institute (GABI) is hosting a roundtable tomorrow at 12:00 p.m. on market failures with respect to nuclear power in the United States. Although nuclear power generates about 20% of U.S. electricity and almost two-thirds of the country’s carbon-free electricity, much of the domestic fleet is under threat of premature closure because current policies and market structures do not adequately value the myriad benefits of nuclear in producing clean, reliable, and affordable energy. Deregulated electricity markets have failed to reward nuclear power for its significant advantages, and injudicious state and federal policies have further distorted the market against nuclear. As a result, nuclear power plants have struggled to remain economically viable and competitive with other energy sources, leading plant owners to prematurely and permanently shut down operable reactors. Ed Kee of Nuclear Economic Consulting will speak.

Forum to Look at Grid Storage – The American Chemical Society (ACS) holds a discussion tomorrow at Noon in 2168 Rayburn to look at the prospects and policy of energy storage and the grid.  Speakers include Kyle Bradbury of Duke University’s Energy Data Analytics Lab, Argonne Labs Vladimir Koritarov and GE’s Pratima Rangarajan.

CSIS to Host IEA Gas Outlook – Tomorrow at 1:30 p.m., the CSIS Energy and National Security Program will host Costanza Jacazio, Senior Gas Expert in the Gas, Coal & Power Markets Division at the International Energy Agency (IEA), to present the IEA’s Medium-Term Gas Market Report 2016. The annual report, which gives a detailed analysis and five-year projections of natural gas demand, supply and trade developments, examines the interaction of oversupply, low prices and upstream capital expenditure cuts. The impact on global gas markets of changing trade patterns and price mechanisms are also given special consideration. The Medium-Term Gas Market Report is part of a series of annual reports the IEA devotes to each of the main primary energy sources: oil, gas, coal, renewable energy and energy efficiency.

Carnegie Forum to Look at Energy Future – Also tomorrow afternoon at 1:30 p.m., the Carnegie Endowment for International Peace will hold a half-day event to discuss the changing energy landscape and its implications, with a keynote address by U.S. State Department Special Envoy and Coordinator for International Energy Affairs Amos Hochstein, and the presentation of the “Oil Market Futures” report by Cambridge Econometrics and partners.  Other speakers will include former deputy secretary of state William Burns and a number of other experts.

Senate Energy to Grill Interior Official On Sage Grouse – The Senate Energy Committee will hold a hearing tomorrow at 2:30 p.m. to grill Interior deputy assistant secretary Jim Lyons and Forest Service wildlife director Robert Harper  on the implementation of federal greater sage grouse conservation plans and their impact on Western states.  The hearing will focus on the status of BLM and Forest Service efforts to implement the federal grouse plans, finalized last September.  Other witnesses include director of Utah’s Public Lands Policy Coordinating Office Kathleen Clarke, Catherine Macdonald, of Oregon’s branch of the Nature Conservancy; Brenda Richard of the Public Lands Council and NMA’s Katie Sweeney.

Groups to Screen Anti-Coal Film – Tuesday evening, the Heinrich Boell Foundation North America, the Environmental and Energy Study Institute (EESI), and the Goethe-Institut Washington will host a free film screening at the Landmark E St Cinemas of “After Coal,” followed by a panel discussion on revitalizing coal communities.  The United States’ use of coal continues to fall and reached its lowest point on record in 2015. All across the country, traditional coal communities find themselves struggling to adapt to this rapid energy transition–a phenomenon not confined to the United States. This panel will discuss ways in which coal communities can participate in, shape and benefit from the transition away from fossil fuels.

Murkowski, Merkley, Others to Discuss Arctic Offshore Issues at IPAA Event – IPAA and the Arctic Energy Center will host an offshore Arctic Policy Briefing on Wednesday at 8:30 a.m. at the Liaison featuring Senator Lisa Murkowski.  Later this summer, the Administration will announce its proposed Final Five-Year Outer Continental Shelf Oil and Gas Leasing, which will formally specify which areas of the OCS will be open to offshore development. The event will discuss the effects of Arctic offshore energy development and will include perspectives from Senator Lisa Murkowski and General Joseph Ralston (former Vice Chairman of the Joint Chiefs and Supreme Allied Commander NATO and an Alaskan resident), as well as a number of other Alaskans. Senator Jeff Merkley and members of the environmental community will also participate.

NYU Law Forum to Look at Coal, Market Value – On Wednesday at 9:00 a.m., the New York University School of Law Institute for Policy Integrity holds a Federal coal workshop looking at fair market value and an alternatives analysis.  With Interior’s review and the upcoming Programmatic Environmental Impact Statement (PEIS), this public workshop will gather legal, policy, and economic experts to analyze key issues for this review.  Former Interior Dep Secretary David Hayes will speak but don’t expect the overall evaluation of many others to find many benefits of coal.

Senate Enviro to Look at Enforcement – The Senate Environment Subcommittee on Superfund, Waste Management, and Regulatory Oversight, will hold a hearing Wednesday to conduct oversight of EPA’s enforcement and compliance programs.  EPA’s Cynthia Giles will testify.

Patent Head to Talk Innovation, Climate – On Wednesday at 1:00 p.m., the Carnegie Institute of Science will host a forum on innovation and climate change.  Innovation is an essential component to meet the challenges of climate change. Better ways to produce, store, conserve, and transmit energy will help the U.S. and other nations meet the ambitious goals set at the United Nations climate change conference held in Paris in December 2015.  Director of the U.S. Patent and Trademark Office, Michelle K. Lee, and a panel of technology, energy, and climate experts for a discussion on how present and future innovation can change the course of our planet’s future.

NERCA International Head to Discuss Power, Energy in Africa – The U.S.-Africa Chamber of Commerce will hold its monthly networking series on Wednesday featuring Marc Breslaw, Executive Director of the NRECA International Foundation since 2014.   Breslaw leads NRECA’s effort to expand and strengthen existing programs that design and implement successful rural electrification programs in the international arena. The NRECA International Foundation is the philanthropic arm of NRECA International, and helps bring electricity to the people in rural areas of Africa, Asia and Latin America. U.S.-based electric co-ops participate in the Foundation’s mission by sending employees who volunteer their skills, donating used vehicles and equipment and providing funds.

Forum to Look at 2025 Fuel Economy Standards – Bloomberg Government, in partnership with The Aluminum Association’s Aluminum Transportation Group, will host a breakfast conversation on Thursday examining the forces behind the 2025 fuel economy targets.

Senate Homeland Security Committee Looks at Regs – The Senate Homeland Security and Governmental Affairs Subcommittee on Regulatory Affairs and Federal Management, will hold a hearing on Thursday at 10:00 a.m. examining the use of agency regulatory guidance. Topics for the hearing will include discussion of agency use of regulatory guidance across government, current and former administration efforts to ensure that this guidance is issued appropriately, and the success of those efforts. The hearing will also explore potential legislative solutions and safeguards. Witnesses include former OMB official Paul Noe, CEI’s Clyde Wayne Crews and Amit Narang, of Public Citizen.

NARUC Commissioner Head to Address NatGas Roundtable – The Natural Gas Roundtable is hosting Travis Kavulla, President and Chairman of the Board of Directors of the National Association of Regulatory Utility Commissioners (NARUC), as its guest speaker at the Jun luncheon at the University Club on Thursday.  Kavulla represents the Montana Public Service Commission’s geographically largest district.

Platts Webinar Set to Discuss State, Federal Issues – On Thursday at 2:00 p.m., Power Markets Today will host a webinar on the line between federal and state jurisdiction on electricity.  Speakers will include Connecticut Department of Energy & Environmental Protection Deputy Commissioner for Energy Katie Scharf Dykes, Sustainable FERC Project Senior Attorney John Moore, Office of the Ohio Consumers’ Counsel Director of Analytical Services Dan Shields and Electric Power Supply Association President and CEO John Shelk. State and federal jurisdictions often lead to some friction and the case of the economic regulation of electricity is no different, especially in the restructured markets. States that turned to the markets to run their generation now split significant authority with the Federal Energy Regulatory Commission (FERC). The states can approve or deny where generation gets built and its environmental requirements but when they have tried to back it economically, they have run into FERC action and sometimes federal lawsuits.

 

FUTURE EVENTS

July 4th Holiday

House Resources to Look at Offshore Leasing Innovations – The House Natural Resources Committee’s Subcommittee on Energy and Mineral Resources will hold a hearing on Wednesday July 6th to look at Rep Garrett Graves “Innovation in Offshore Leasing Act.”  The legislation amends the Outer Continental Shelf Lands Act to authorize the Secretary of the Interior to conduct offshore oil and gas lease sales through Internet-based live lease sales.

Tesoro, Kinder CEOs Headline EIA Conference – The U.S. Energy Information Administration (EIA) will hold its 2016 Energy Conference on July 11th and 12th in Washington, DC. This two-day event provides the opportunity to meet and network with energy analysts, decision makers, and EIA staff.  Conference session topics that may be relevant to EIA stakeholders interested in information about greenhouse gasses include: 1) Clean Power Plan: EIA, EPA, and state and regional perspectives and 2) Climate—next steps: Perspectives from the United States, Europe, and China.  Keynoters are Tesoro’s Greg Goff, Kinder Morgan’s Steve Kean and Dan Gardiner, Advisor to the Canadian PM.  View the full list of speakers and sessions and register today.  Among the Panel speakers include our friends Andrew Gohn of AWEA, NREL’s Bryan Hannegan and EPA’s Joe Goffman.

WCEE, Bracewell to Host NY PSC Chair – The Women’s Council on Energy and Environment and Bracewell are hosting a reception for NY State Public Service Commission Chairwoman Audrey Zibelman on Monday, July 11th at 5:30 p.m.  Zibelman leads the regulatory process redesigning the state’s electricity market, called Reforming the Energy Vision (REV). Facing a $30B cost to maintain NY’s electricity grid over the next 10 years, and keenly aware of the vulnerability of the grid after Superstorm Sandy crippled Long Island and southern portions of the state, NY sought alternatives to reduce the need for new infrastructure, maximize the utilization of existing assets and encourage clean energy, and created NY REV.

EESI Holds Congressional Renewables Forum – The Environmental and Energy Study Institute (EESI) holds its 19th annual Congressional Renewable Energy and Energy Efficiency Expo and Policy Forum on July 12th in the Cannon building.  The forum will bring together up to 50 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies. In every state across the country, these technologies are having a significant impact in business development and job creation in the manufacturing, transmission, power, transportation, and building sectors. The bipartisan House Renewable Energy & Energy Efficiency Caucus and the Senate Renewable Energy & Energy Efficiency Caucus are honorary co-hosts of the Expo.

Shelk Headline Capacity Markets – The CSIS Energy and National Security Program will hold a forum on Thursday, July 14th at 10:00 a.m. looking at the future of capacity markets.  The event will feature EPSA CEO John Shelk, the Regulatory Assistance Project’s  Michael Hogan and our friend Christi Tezak of ClearView Energy Partners.  Ensuring that there is adequate electric power generation to meet established reliability standards is an imperative task for regulators. In organized wholesale markets, however, how exactly to ensure medium- to long-term resource adequacy continues to be the subject of debate and experimentation. Different jurisdictions have adopted different responses, with several markets mandating the procurement of capacity through organized capacity markets. Although the existence and operation of the capacity markets varies across jurisdictions, persistent concerns remain about the functioning and adequacy of capacity markets to ensure long-term reliability—especially in light of a rapidly changing grid with higher penetration of variable renewables and distributed energy resources. This session is part of the Electricity in Transition series from the Energy and National Security Program and will cover the basic theory behind capacity markets, discuss the pathways different jurisdictions have pursued, as well as the challenges perceived by states and market participants.

Republican Convention – Cleveland will host the Republican Convention at the Quicken Loans Arena July 18-21st.  The Republican National Committee (RNC), the convention will host approximately 2,470 delegates and 2,302 alternate delegates from all 50 states, the District of Columbia and five territories.

WaPo to Host Faison Energy Conversation – The Washington Post will host an Energy Conversation with Clearpath Founder Jay Faison on Tuesday July 19th at the their GOP convention HQ in Cleveland.   Fiason will also be on a POLITICO panel the next day.

Pioneer CEO to Discuss Industry at CSIS – The CSIS Energy and National Security Program is hosting Scott Sheffield, Chairman and CEO of Pioneer Natural Resources, on Tuesday July 19th at 1:30 p.m. to discuss developments in the U.S. onshore oil and gas industry. Mr. Sheffield has held the position of CEO for Pioneer Natural Resources since August 1997 and assumed the position of chairman of the board in August 1999. In this position Sheffield heads one of the leading producers of unconventional oil and gas in the United States. Sheffield will share his views on recent market developments and regulatory changes in the oil and gas landscape, as well as Pioneer’s strategy for addressing the challenges and opportunities facing the industry today and in the future.

Democratic Convention – A week later, the Democrats will head to Philadelphia for the 2016 Democratic National Convention at the Wells Fargo Center on July 25th – 28th.

DEM Convention Forum Set – The New Policy Institute and NDN will host a major event at the Democratic National Convention in Philadelphia, on Tuesday, July 26th looking ahead at the future of America and American Politics.  This event will feature a dozen inspiring thought leaders who will offer their different perspectives on what is coming down the road for the US and our politics.  The event will take place at the Pennsylvania Convention Center, Room 204C, 200 Level Concourse, and run from 10:30 am to 2:30 pm If you would like to attend, please RSVP on our Eventbrite page today.  The event is free and open to the public.

Energy Update: Week of June 20

Friends,

I hope every enjoyed Father’s Day.  It was super for me, as I  enjoying a wonderful, elegant celebration of my colleague Scott Segal’s marriage (Congrats Scott and Travis), refereed a bunch of lacrosse with Hannah (who may have surpassed me already as the best ref in the family), shared some of my favorite Matthew‘s Crab Pizza (the Best in Baltimore) with her and Olivia (Hannah even paid for the Pizza) and finally relaxed with Adam to watch Dustin Johnson bounce the “No Major” monkey off his back at the US Open and see LeBron bring home the NBA Championship to Cleveland.  The boy likes to ask questions though which is not ideal for serious watching at key moments.

I wasn’t surprised by DJ’s great run down the stretch to close out the PGA’s second Major as he was ready to break though.  But I was surprised to see LeBron and the Cavs come back from a 3-1 deficit to break the 52-year Championship drought in Cleveland, knocking off the 73-9 defending Champion Golden State Warriors.  The final quarter was really riveting and Kyrie Irvin’s clutch 3-pt bomb with 50 seconds left and the game tied was amazing.  It is the first time an NBA team has erased a 3-1 deficit and first time since 1978 that a team (the Wes Unseld–led Washington Bullets) won the NBA title in a Game 7 on the road.

This week on the Hill is focused on the potential energy conferences and politics.  Time is running out on the a broad energy bill with only two or so weeks to really go before a 7-week election recess.   While there has been some movement, it is not promising.  There is also room for movement on funding bills with Interior–EPA and Energy and Water ready, but neither have yet grabbed the attention of Floor schedulers.

The Committees will be busy as well, mostly focused on Wednesday.  House Energy is in action the RFS with EPA’s Janet McCabe, EIA and others to discuss implementation concerns around the renewable fuel standard.  A Senate Environment panel will take up the Ozone legislation, a companion to legislation just passed by the House that would delay EPA reviews of the primary ozone pollutants. House Science will likely give EPA Administrator Gina McCarthy a rough ride as they discuss EPA’s use of scientific data.  Finally, House Resources will examine the role of the always-controversial National Environmental Policy Act (NEPA) in permitting decisions.  That’s ALL WEDNESDAY.

Off the Hill, the FTC looks at consumer protections for rooftop solar tomorrow, already fairly controversial in many states.  Also tomorrow, API’s Jack Gerard hosts a discussion on API polling data and the election which should be interesting.   And Thursday, USEA hosts its 27th Annual Energy Efficiency Forum with EPA Administrator McCarthy among the speaker sat the National Press Club while Brits hold a referendum on whether to leave the European Union, or better known as “Brexit.”  The NY Times has a nice primer on the topic.

Congrats to our friend and former reporter John Cramer who is moving his way around the Ivy League…media shops that is.  John is leaving the media shop at Dartmouth to move to Princeton, where he’ll be chief spokesman and head of media relations.  That should help with Admissions for the boys.

And from our friends at POLITICO, after nine years at the helm of POLITICO’s Playbook seven days a week, Mike Allen is handing off control to a trio of Politico’s finest young talent. Our friends Anna Palmer, Jake Sherman and Daniel Lippman will take the reins starting on July 11.

Finally, tonight is the longest day of the year, the Summer Solstice.  So use the extra daylight to do something fun as it is all downhill from here…until next year   Call with questions…

 

Best,

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“Mr. Holmstead has the requisite credentials for serving as an expert on the CAA.  EPA has argued that Mr. Holmstead should not be permitted to provide expert testimony because he has no ‘scientific, technical or otherwise specialized knowledge.’  Frankly, this argument is ridiculous!”

U.S. District Court Judge John Preston Bailey in an order rejected EPA’s motions to Disqualify my colleague Jeff Holmstead from testimony in the Murray Energy Case.

 

IN THE NEWS

Dem Platform Committee Meets in AZ – The Democratic platform committee met on Friday in Phoenix. The Committee featured filmmaker Josh Foxx, actor Mark Ruffalo and a 25 year old poet, among others. The general theme was “keep it in the ground” and a broad rejection of fossil fuels. A select few individuals argued that natural gas or nuclear theoretically could still be considered.   Democrats’ 2012 blueprint touted an “all-of-the-above energy policy” and lauded natural gas as a “clean fossil fuel,” so adopting a negative tone toward nat gas and embracing greater urgency about climate change in this year’s version would constitute a major shift.  We have a good summary if you are interested.

EPA Moves Clean Energy Program Tied to Stayed Rule – Late last week, EPA released the proposed Clean Energy Incentive Program.  The CEIP is a voluntary program under which states can secure extra credit for power from renewables generated in 2020 and 2021- two years before the Clean Power Plan’s first compliance deadline – though the agency notes there may be changes to those dates given the stay. The proposal expands the previous eligibility list for technologies from just solar and wind to include geothermal and hydropower.  There is controversy over whether EPA should still be moving forward though given the EPA stay and the likely tolling of deadline that will occur.   Some experts like my colleague Jeff Holmstead have argued that all elements of the Rule should be on hold while the SCOTUS looks at its legality.

Judge Snubs ‘Ridiculous’ EPA Claim trying to DQ Holmstead in Case – Speaking of Holmstead, you may have missed this last Friday, but EPA’s effort to get him disqualified as an expert witness in the Murray Energy case have blown up in spectacular fashion.   A federal judge soundly rejected EPA’s request saying EPA’s argument because Holmstead once worked at EPA, he should be disqualified from serving as an expert witness in any case adverse to EPA is a “Dog that won’t hunt.” The judge was particularly dismissive of EPA’s contention that Holmstead does not have requisite “scientific, technical or other specialized knowledge,” writing: “Frankly, this argument is ridiculous!”

Plant Vogtle Project Reaches Final Vertical Level of Construction – Georgia Power has achieved the highest level of vertical construction on a pair of new nuclear reactors at Plant Vogtle. Also, the last of four coolant pumps has been delivered ahead of the time needed for installation for Unit 3.

France Ratifies Paris Treaty – French President François Hollande formally ratified the Paris climate deal on Wednesday, making France the first major nation to do so. More than 170 countries have signed the climate deal, which sees countries set individual greenhouse gas reduction goals as part of a strategy to combat climate change. But the deal won’t formally take effect until 55 countries representing at least 55 percent of the world’s emissions formally ratify the deal. Before France, 17 small countries representing less than 1 percent of global emissions have ratified the agreement.

Manhattan Institute Report Says EPA Overestimates Benefits of CPP – The Manhattan Institute has released a report that argues that the EPA overestimated the benefits of the Clean Power Plan while underestimating its costs.  Among other points, the report says EPA double counts some of the benefits of the rule, and that it’s method of counting benefits globally is inappropriate. On the cost side, it argues that the EPA unfairly calculated the savings from energy efficiency and overestimated the fall in price of renewables.

 

ON THE SCHEDULE THIS WEEK

Mann to Address Climate Lobby Conference – The Citizens Climate Lobby is holding its annual conference, today and tomorrow at the Omni Shoreham.  The CCL Conference trains activists to climate issues.  Their Keynote Speaker will be Penn State Climate activist Professor Michael Mann.

API to Talk Voter Data, Elections – API President & CEO Jack Gerard will be feature of a forum tomorrow at 9: a.m. at the W Hotel on voter opinion data.  The research covers voters’ opinions on energy issues central to the national debate: regulations, access, taxes, and infrastructure.   In addition, the program includes a one-on-one interview with API President & CEO Jack Gerard with E&ETV’s Monica Trauzzi, followed by a panel featuring some of Washington’s top political and public opinion analysts who will discuss the critical role of energy in the economy and throughout our daily lives, and how it will shape the political landscape as the country prepares to vote in November.  Among the Panelists is our friend Sean Spicer of the RNC.

CAP Forum to Focus on Climate, Security Issues – The Center for American Progress tomorrow morning hosts a forum to discuss potential U.S. policy responses for climate change, environmental deterioration, water management, and food security as key concerns for national security and global governance. The event will draw upon current policy debates in the United States, as well as lessons learned from the November 2015 policy decision-making exercise, “Food Chain Reaction: A Global Food Security Game.”  The event will feature introductory remarks from Jon White, retired Rear Admiral, Navy, Coast Guard and President/CEO of the Consortium for Ocean Leadership.  Panelists will include State’s Special Representative for Global Food Security Nancy Stetson, World Food Program USA CEO Richard Leach, former Assistant Secretary of Defense for Operational Energy Sharon Burke.

EIA Head Leads Deloitte Energy Conference – Tomorrow and Wednesday, Deloitte hosts its 2016 Energy Conference at the Grand Hyatt focusing on exponential technologies driving exponential change.  Deloitte brings together energy executives, researchers, entrepreneurs, investors and regulators from around the globe for an in-depth analysis of key developments and challenges facing today’s global and domestic energy markets at its Energy Conference. Speakers come from a cross-section of the world’s energy industry, and the conference topics are of keen interest to energy company management, boards of directors, investors, and all other industry professionals.  EIA’s Adam Sieminski is the Headliner.

WCEE Forum to Look at Impact of Fed EM Programs – The Women’s Council on Energy and the Environment (WCEE) for a lunch forum tomorrow on the wide-ranging impact of new federal environmental mitigation policies.  The event will focus on how the implementation of these policies and those to be developed by the EPA and other federal agencies will impact projects requiring approval or permitting from these agencies.

FTC to Look at Net Metering in Day-Long Forum – Tomorrow, the Federal Trade Commission wants to know more about net metering, and it’s planning an information session. The meeting won’t be the first time the FTC dipped its toes into solar — in 2013 it issued legal guidance on claims related to sales of renewable energy — and last year Congress asked it to look into leasing practices at companies like SolarCity.  Now the Commission seems to be jumping into net metering policy, hosting a meeting ostensibly intended to give the commission an update on the whole industry. But the public notice of the meeting devotes a third of its questions to net metering, and then another third to questions of how rooftop solar generation competes with utilities — which is another way of talking about net metering.

Senate Energy Tackles Public Land Questions – The Senate Energy panel on Public Lands, Forests and Mining holds a hearing tomorrow on BLM’s “Planning 2.0” initiative, which aims to increase public involvement in land use planning. BLM Director Neil Kornze headlines along with Western Governors’ Association ED Jim Ogsbury, Wyoming Stock Growers Association official Jim Magagna, Colorado Law School expert Mark  Squillace and Western Energy Alliance’s Kathleen Sgamma.

Forum to Look at Cybersecurity Grid – The Lexington Institute is hosting a Capitol Hill Forum in CVC 208-209 on the National Guard’s Role in Cybersecurity for the U.S. Power Grid tomorrow afternoon.  The power grid, which provides electricity to homes, businesses, and government across the United States, is vulnerable to an increasing number of threats, the least understood but potentially most dangerous is a cyberattack.   An approach gaining momentum in many states is collaboration with the National Guard.  The National Guard is rapidly developing expertise in cyber defense, with seven cyber protection teams already in place and plans to create 13 more by 2019.  The National Guard is uniquely positioned for this work by its dual role as an asset available to both state and federal authorities.  But as the Guard assumes increasing responsibilities in this work, new questions regarding the role must also be addressed, including how to reconcile it with the Guard’s prohibition on competing with the private sector.

Dominion Official to Address AWEA Virginia Forum – On Wednesday at James Madison University in Harrisonburg, the American Wind Energy Association (AWEA) is hosting the AWEA State Wind Energy Forum – Virginia in collaboration with partners and colleagues in the state. You’ll learn about the benefits and challenges of Virginia’s potential for land-based and offshore wind industry from state policy, industry, government, and other thought leaders, as well as experts on national, regional, and state wind markets; grid integration; wildlife impacts and mitigation; economics; local economic development benefits; and water and air impacts.  Bill Murray of Dominion and our friend Jonathan Miles will speak among several others.

RFF to Look at Coal Leasing – Resources for the Future (RFF) holds a seminar on Wednesday at 8:45 a.m. to look at the economics of coal leasing on Federal Lands, ensuring a fair return for taxpayers.  In 2015, BLM’s federal coal leasing program accounted for nearly 40% of coal production in the United States and supplied some of the lowest-cost coal available. The program has been widely critiqued in recent years for providing a poor return to taxpayers and failing to adequately address the environmental costs of coal extraction and processing. At this RFF seminar, Jason Furman, chairman of the White House Council of Economic Advisers (CEA), will unveil a new CEA report that examines the economic principles underlying the program, discusses the case for reform, and provides quantitative estimates of the effects of such changes. Furman’s remarks will be followed by an expert panel discussion on reforming the federal coal leasing program.  Among the panelists will be Michael Greenstone, Director of the Energy Policy Institute at the University of Chicago, and James Stock of the Harvard Kennedy School.

House Energy Redraws RFS Battle Lines – The House Energy & Commerce Panel on Energy will Hold a hearing on Wednesday morning that will focus on oversight of the EPA’s RFS program, including striking a balance between the interests of ethanol producers and consumers.  EPA Air office Head Janet McCabe and EIA Deputy Administrator Howard Gruenspecht will testify. They will be followed by a panel of refiners, ethanol critics like boat users and ethanol advocates like RFA’s Bob Dineen.  The hearing will be the first since EPA proposed the 2017 RFS rules in late May. The proposed rule would increase RVOs over 2016, but it still falls short of statutory volumes for both conventional and cellulosic ethanol.

McCarty to Headline EPA Science Hearing at House Panel – The House Science, Space and Technology Committee will hold a hearing Wednesday featuring EPA chief Gina McCarthy.  The hearing will cover a broad range of topics where GOP members have been critical about the scientific underpinning of a number of EPA rules.

House Resources to Battle over NEPA – The House Resources Committee will hold an oversight Hearing Wednesday morning on the impact of federal environmental reviews on everything from energy development to logging on national forestlands.  The full committee is expected to explore the role and importance of regulations required under the National Environmental Policy Act (NEPA) and how they affect infrastructure, energy and other federal projects.

USEA to Look at CPP Rule, Reliability – On Wednesday at 10:00 a.m., the U.S. Energy Association will host NERC officials to discuss the reliability assessments of EPA’s Clean Power Plan.  NERC recently published a reliability assessment of the final CPP rule – Potential Reliability Implications of EPA’s Clean Power Plan – Phase II. The report finds that combined wind and solar capacity will rise by 10-20 GW over the next 15 years, while coal capacity will decline by up to 27 GW as a result of the CPP. The accelerated transition in the mix of generation resources means a greater emphasis on how renewables and other resources provide essential reliability services – voltage control, load ramping and frequency response.  John Moura, NERC’s Director of Reliability Assessment and System Analysis, will provide an in-depth briefing on the NERC report.

BP Chief to Speak to DC Economic Club – The Economic Club of Washington hosts BP’s Bob Dudley at the Ronald Reagan Building and International Trade Center’s Atrium Hall on Wednesday at 11:00 a.m.   Recently, BP released its energy outlook and that should likely be the main topic as well as the current state of the oil and gas industry.

Labor Sect Addresses Press Club – The U.S. Labor Secretary Thomas E. Perez will speak at a National Press Club luncheon on Wednesday at 12:30 p.m. In two and a half years at Labor, Perez has undertaken  a series of aggressive and controversial efforts aimed at worker protections from overtime practices to conflicts of interest that can wreck their retirement savings.

Progress Caucus to Link Tobacco, Climate – In an effort that follows a ridiculous report from Senate Progressives last week linking tobacco and climate, Congressional Progressive Caucus Co-Chairmen Reps. Raúl Grijalva (D-Ariz.) and Keith Ellison (D-Minn.) and the House’s Sustainable Energy and Environment Coalition will host the Capitol Hill event on Wednesday afternoon making similar claims. The forum will examine issues surrounding the fossil fuel industry’s concerted efforts to deceive elected officials, investors, and the American public on the reality of climate change.  Right…I think I’ll pass on this one.

Senate to Look at Ozone Legislation Passed By House – A Senate Environment subcommittee chaired by Sen. Shelley Moore Capito plans a hearing on Wednesday afternoon looking at companion legislation to a House measure passed earlier this month that rolls back implementation of the 70 parts per billion standard by eight years.

Forum to Look at Iran, Oil, Geopolitics – The Woodrow Wilson Center will hold a panel discussion on Wednesday at 3:00 p.m. that will explore the geopolitics of oil and discuss the current state of play in the Gulf region.  The oil markets remain in constant turmoil. Oil prices have yet to recover as OPEC countries have repeatedly failed to agree on production cuts. Following the nuclear deal, Iran has been aggressively looking to increase its oil exports despite secondary non-nuclear sanctions. Iraq is also focusing on increasing its oil exports while mired in a dispute with the Kurdistan Regional Government (KRG) over revenue sharing. By contrast, the world’s largest producer, Saudi Arabia, is in the midst of a major restructuring of its decision-making apparatus as it also attempts to diversify from its dependence on oil. This panel will feature our friend Elizabeth Rosenberg of the Center for a New American Security and other experts.

EE Forum Set –The US Energy Assn’s 27th annual Energy Efficiency Forum is set for Thursday afternoon at the National Press Club Ballroom.  The event features keynotes from EPA’s Gina McCarthy, Sen. Maria Cantwell, PSEG CEO Ralph Izzo and panels with former Seattle Mayor Greg Nickels and the White House OSTP official Austin Brown.  Energy systems are evolving, with traditional users acting as both energy consumers and producers. Both “prosumers” and traditional energy suppliers are employing distributed generation, energy storage, demand response and information technologies to transform these systems. Improving efficiency in buildings, district energy systems and infrastructure also provides multiple social, economic and environmental benefits to communities and businesses.  At the forum, co-sponsored by the U.S. Energy Association and Johnson Controls, speakers will highlight the pioneering policies, technologies and practices at the center of a future that values energy efficiency as a key driver of energy system innovation.

Forum to Discuss Fuel Cell, Hydrogen Vehicles – The Fuel Cell and Hydrogen Energy Association (FCHEA) and the Senate Hydrogen and Fuel Cell Caucus are co-hosting the Fuel Cell and Hydrogen Energy Policy Forum on Thursday at noon in the Senate Visitors Center 201.  Industry representatives will provide updates on the latest fuel cell and hydrogen advancements. The Forum will feature a range of experts discussing latest fuel cell and hydrogen energy advancements, including speakers from Bloom Energy, FuelCell Energy, Honda, Plug Power, Walmart, and the Department of Energy.

Forum to Look at Climate Impacts on Women – The Wilson Center, UN Foundation, U.S. AID’s Office of Conflict Management and Mitigation, Project Concern International and TetraTech will host a forum on Thursday afternoon to discuss a new report on women and the Impact of climate change.  Struggling to save their failing crops. Walking farther to fetch clean water. Protecting their families from devastating storms and violent conflicts. Experts warn that women in developing countries will be disproportionately affected by climate changes. But women could also hold the keys to solving the climate challenge. Empowering women through education, economic opportunities, and reproductive health care can make surprising contributions to the climate fight. To make this happen, we need to bridge sectoral barriers and work together to ensure that women are climate victors, and not climate victims.

WRI to Look at Transportation Solutions –The World Resources Institute will host a forum on Friday at 10:30 a.m. to look at the role of cities in the global transition to clean energy.  This discussion will highlight the relevance of cities for moving forward with global energy and climate goals by partnering with IEA as it releases the Energy Technology Perspective 2016 report on Sustainable Urban Energy.  The event will bring together top development actors, technology leaders, and investors to discuss and identify shared agendas and pathways to accelerate innovation and transformation across urban energy sectors.  The discussion will use IEA’s Energy Technology Perspective 2016 report as a starting point followed by an expert panel discussion and a Q&A session with attendees.  Speakers will include Kamel Ben Naceur, Director of Sustainability, Technology and Outlooks at the International Energy Agency (IEA), who will make a presentation of the Energy Technology Perspective 2016 report.

EIA, UT Official to Talk Energy, Economy – Sunday afternoon at UDC’s Law School, Energy Xchange will host a roundtable discussion on energy and economy.  The event will feature an in-depth, interactive discussion with leading experts from diverse perspectives about the state-of-knowledge regarding how shifting energy trends will affect the broader economy.  Speakers will include University of Texas Energy Institute’s Carey King and EIA Chief Energy Modeler David Daniels.

 

FUTURE EVENTS

Forum to Look at European Energy Infrastructure – Next Tuesday, June 28th at 8:30 a.m. to 12:30 p.m., the Overseas Private Investment Corporation (OPIC) will hold a seminar for American investors, consultants and suppliers of goods and services on energy and infrastructure opportunities in Europe through the European Bank for Reconstruction and Development (EBRD).  The EBRD is an international, AAA-rated financial institution, which promotes transition to market economies. It operates in 36 countries, from central Europe to central Asia, the Western Balkans, and the southern and eastern Mediterranean. In the energy sector, EBRD has financed $3.7 billion of investments across 60 projects since the beginning of 2014, leveraging a further $10 billion from private investors and co-financiers. EBRD considers financing for a wide range of energy sector investments including:  renewables (wind, solar PV, biomass and geothermal plants}; thermal power generation; electricity transmission, distribution and demand side management; oil and gas production, refining and distribution; and mining activities.

EIA to Release 2016 Energy Outlook – EIA will release its Annual Energy Outlook 2016 next Tuesday, June 28th at 10:00 a.m. in the Kenney-Herter Auditorium at Johns Hopkins University in DC.  EIA’s Adam Sieminski will present “Annual Energy Outlook 2016” (AEO2016) with projections of U.S. energy supply, demand, and prices to 2040.  The discussion will consider AEO2016 cases that address the Clean Power Plan; proposed fuel economy standards for trucks; alternative resource and technology assumptions; and other key energy topics.

Forum to Look at Role of Nuclear – The Global America Business Institute (GABI) is hosting a roundtable next Tuesday, June 28th at 12:00 p.m. on market failures with respect to nuclear power in the United States. Although nuclear power generates about 20% of U.S. electricity and almost two-thirds of the country’s carbon-free electricity, much of the domestic fleet is under threat of premature closure because current policies and market structures do not adequately value the myriad benefits of nuclear in producing clean, reliable, and affordable energy. Deregulated electricity markets have failed to reward nuclear power for its significant advantages, and injudicious state and federal policies have further distorted the market against nuclear. As a result, nuclear power plants have struggled to remain economically viable and competitive with other energy sources, leading plant owners to prematurely and permanently shut down operable reactors. Ed Kee of Nuclear Economic Consulting will speak.

Forum to Look at Innovation Needed to Meet Paris Climate Goals – Technology, policy and business experts come together Wednesday, June 29th at 1:00 p.m. at the Carnegie Institution for Science to discuss how innovation can help meet the ambitious goals of the Paris Agreement. The event will feature a keynote from Patent and Trademark Office Director Michelle Lee, as well as a discussion moderated by WSJ’s Amy Harder with HP’s Nate Hurst, Kristina Johnson of Cube Hydro Partners; North Carolina State Power Semiconductor Research Center Director Jayant Baliga, and former EPA official Bob Perciasepe, President of the Center for Climate and Energy Solutions. RSVP here: http://bit.ly/RSVPinnovate.

CSIS to Host IEA Gas Outlook – On Tuesday, June 28th at 1:30 p.m., the CSIS Energy and National Security Program will host Costanza Jacazio, Senior Gas Expert in the Gas, Coal & Power Markets Division at the International Energy Agency (IEA), to present the IEA’s Medium-Term Gas Market Report 2016. The annual report, which gives a detailed analysis and five-year projections of natural gas demand, supply and trade developments, examines the interaction of oversupply, low prices and upstream capital expenditure cuts. The impact on global gas markets of changing trade patterns and price mechanisms are also given special consideration. The Medium-Term Gas Market Report is part of a series of annual reports the IEA devotes to each of the main primary energy sources: oil, gas, coal, renewable energy and energy efficiency.

Groups to Screen Anti-Coal Film – Next Tuesday evening, the Heinrich Boell Foundation North America, the Environmental and Energy Study Institute (EESI), and the Goethe-Institut Washington will host a free film screening at the Landmark E St Cinemas of “After Coal,” followed by a panel discussion on revitalizing coal communities.  The United States’ use of coal continues to fall and reached its lowest point on record in 2015. All across the country, traditional coal communities find themselves struggling to adapt to this rapid energy transition–a phenomenon not confined to the United States. This panel will discuss ways in which coal communities can participate in, shape and benefit from the transition away from fossil fuels.

Xcel Exec to Keynote TransForum West in Denver – PennWell’s TransmissionHub will host its 5th annual TransForum West event on June 28 and 29 in Denver. Kicking off the event will be Alice Jackson, vice president – Regulatory Rates, Xcel Energy (NYSE:EXC), who will deliver the keynote address on Tuesday.  There will also be several panels, including one on regional planning dynamics in the West that will include such speakers as PacifiCorp’s Carolyn Barbash, Don Fuller of the California ISO and Johannes Pfeifenberger of the Brattle Group.

Patent Head to Talk Innovation, Climate – On Wednesday, June 29th at 1:00 p.m., the Carnegie Institute of Science will host a forum on innovation and climate change.  Innovation is an essential component to meet the challenges of climate change. Better ways to produce, store, conserve, and transmit energy will help the U.S. and other nations meet the ambitious goals set at the United Nations climate change conference held in Paris in December 2015.  Director of the U.S. Patent and Trademark Office, Michelle K. Lee, and a panel of technology, energy, and climate experts for a discussion on how present and future innovation can change the course of our planet’s future.

NARUC Commissioner Head to Address NatGas Roundtable – The Natural Gas Roundtable is hosting Travis Kavulla, President and Chairman of the Board of Directors of the National Association of Regulatory Utility Commissioners (NARUC), as its guest speaker at the Jun luncheon at the University Club on Thursday, June 30th.  Kavulla represents the Montana Public Service Commission’s geographically largest district.

July 4th Holiday

Tesoro, Kinder CEOs Headline EIA Conference – The U.S. Energy Information Administration (EIA) will hold its 2016 Energy Conference on July 11th and 12th in Washington, DC. This two-day event provides the opportunity to meet and network with energy analysts, decision makers, and EIA staff.  Conference session topics that may be relevant to EIA stakeholders interested in information about greenhouse gasses include: 1) Clean Power Plan: EIA, EPA, and state and regional perspectives and 2) Climate—next steps: Perspectives from the United States, Europe, and China.  Keynoters are Tesoro’s Greg Goff, Kinder Morgan’s Steve Kean and Dan Gardiner, Advisor to the Canadian PM.  View the full list of speakers and sessions and register today.  Among the Panel speakers include our friends Andrew Gohn of AWEA, NREL’s Bryan Hannegan and EPA’s Joe Goffman.

EESI Holds Congressional Renewables Forum – The Environmental and Energy Study Institute (EESI) holds its 19th annual Congressional Renewable Energy and Energy Efficiency Expo and Policy Forum on July 12th in the Cannon building.  The forum will bring together up to 50 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies. In every state across the country, these technologies are having a significant impact in business development and job creation in the manufacturing, transmission, power, transportation, and building sectors. The bipartisan House Renewable Energy & Energy Efficiency Caucus and the Senate Renewable Energy & Energy Efficiency Caucus are honorary co-hosts of the Expo.

Republican Convention – Cleveland will host the Republican Convention at the Quicken Loans Arena July 18-21st.  The Republican National Committee (RNC), the convention will host approximately 2,470 delegates and 2,302 alternate delegates from all 50 states, the District of Columbia and five territories.

Democratic Convention – A week later, the Democrats will head to Philadelphia for the 2016 Democratic National Convention at the Wells Fargo Center on July 25th – 28th.

Energy Update: Week of June 13

Friends,

We start this week by thinking of the victims of the terrorist attack in Orlando.

Well, the long hockey season has come to an end with Pittsburgh’s victory in San Jose last night.  It is the Pens 4th Stanley Cup and Steel City can now celebrate.  Next up, Golden State looks to finish LeBron James and Cleveland tonight to complete back to back NBA titles.  And the Penguins weren’t the only winners last night as Hamilton collected 11 wins at the Tony awards.

The Belmont also provided some excitement on Saturday, but not the kind of excitement I was hoping for as favorite Exaggerator fell way back and blew up my superfecta.  I did manage to win a flyer on Creator, paying out at 34.80, so I was about even.  The mile-and-a-half at Belmont is always the toughest test and it showed its teeth on Saturday.

The Big News TODAY:  Former Utah Rep. Jim Matheson has been named NRECA’s new CEO.  Matheson, a Democrat who served in the House from 2001 to 2015, was a member of the House Energy & Commerce Committee.  The respect Matheson has on both sides of the aisle, and his ability to bridge political and policy divides to find common ground, will serve NRECA and all member cooperatives very well.

Three weeks to go in the official Congressional calendar and lots to do.  The Interior funding bill takes up most of the time this week, while Senate Energy will look at pipeline issues with our Friend Andy Black and others. Also tomorrow, Senate Finance will discuss Tax extenders with the Chamber Energy Institute’s Karen Harbert testifying.

This week, EPA’s Scientific Advisory Board (SAB) meets tomorrow and Wednesday to finalize its report on EPA’s SDWA natgas water report.  Opponents had complained that EPA’s initial finding was too vague when they said there has been “no widespread, systemic impacts on drinking water resources” from fracturing.  WCEE hold events on energy security innovations (tomorrow) and international development leadership (Wed) and Carnegie host forums on driverless cars (tomorrow) and Oil prices and climate (Th).

Two other reports this week should shed some light on where energy markets are going amid low oil prices and aggressive climate policies. BP’s group chief economist Spencer Dale discusses this year’s BP Statistical Review of World Energy tomorrow morning and in the afternoon, Statoil’s chief economist Eirik Waerness will discuss energy perspectives for 2016 at CSIS.

Finally, as some of you may know, my colleague Scott Segal is finally getting hitched this weekend.  It is a great and important day.  In true fashion, I thought you might like reading this fun piece from today’s Washington Post’s Reliable Source that details the big event.

Call with questions…

 

Best,

 

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“”There’s bipartisanship on this issue, and the bipartisanship is in opposition to a carbon tax”

House Majority Whip Steve Scalise, following Friday’s 237-163 House vote opposing a carbon tax.

“Jim Matheson will bring to the position a broad knowledge of the issues facing rural America and will be an inspirational leader for America’s Electric Cooperatives.”

NRECA member President Mel Coleman announcing former Utah Rep. Jim Matheson will head the rural Co-Op trade group.

 

IN THE NEWS

Matheson to Head Rural Co-op Trade Group – The National Rural Electric Co-Op Assn (NRECA) said today that former Utah Rep. Jim Matheson will be its next CEO.   Matheson is replacing former Missouri Rep. JoAnn Emerson who led NRECA for three years.   He will join the association and assume his duties as CEO in July.  Matheson, currently at Squire Patton Boggs, served in the House from 2001 to 2015 where he was a member of the House Energy & Commerce Committee.  The respect Matheson has on both sides of the aisle, and his ability to bridge political and policy divides to find common ground, will serve NRECA and all member cooperatives very well.  In addition to his extensive background in Congress and public policy, Matheson worked in the energy industry for several years.  He was a project development manager in the independent power industry. He worked at two consulting companies, including his own firm, providing services to large energy consumers.

AHRI Leads Reform Effort at House Panel – A Friday hearing in the House Energy subpanel questioned the continued effectiveness of DOE energy efficiency programs.  While DOE’s efficiency program is one of the most successful energy savers in history, industry representatives who have lead the success are calling for major reforms to the 40-year-old law governing efficiency rules that they say are leading to standards that are not “economically justified.”  Air-Conditioning, Heating and Refrigeration Institute President Stephen Yurek said Congress should require DOE to convene stakeholders to “discuss and recommend a new regulatory framework.”

Consumers Paying Price –  Yurek also said that “consumers are paying a heavy price, both in real monetary costs and in comfort and safety” because of the continuous cycle of Department of Energy (DOE) rulemakings that result in higher and higher energy efficiency levels. “When new equipment costs more than consumers can afford,” he said, “they find alternatives, some of which compromise their comfort and safety, while saving less energy or no energy at all.” Yurek told subcommittee members that while the Clinton Administration issued six major efficiency rules over eight years, the current administration issued eight such rules in 2014 alone.   Citing several examples of rulemakings in which job losses were forecast, Yurek charged that “American jobs are being lost – many of them exported – in part because of ever more stringent efficiency regulations.”

Ohio Statesman Voinovich Passes – The nation lost a great leader when George V. Voinovich, a former two-term United States senator, two-term governor of Ohio and Cleveland mayor, died on Sunday in Cleveland at 79.  Voinovich was known for his ability to bring people together and preached frugality in his personal and public life, as well as occasionally bucked the Republican establishment.

House Opposes Carbon, Oil Tax – The House passed resolutions Friday opposing a carbon Tax and a tax on oil proposed by President Obama.  One of the resolutions would express a sense of Congress that a carbon tax would be “detrimental” to the American economy, and the other opposes President Obama’s budget proposal for a $10.25-per-barrel oil fee. Six Democratic members joined their Republican colleagues in opposing a carbon tax, including Reps. Brad Ashford of Nebraska, Sanford Bishop of Georgia, Henry Cuellar of Texas, Ann Kirkpatrick of Arizona, Collin Peterson of Minnesota and Kyrsten Sinema of Arizona. Democratic Rep. Michelle Lujan Grisham of New Mexico voted “present.”

SCOTUS Leaves Mercury Rule – The Supreme Court will not restart EPA’s overhaul of the mercury pollution rule for power plants.  The SCOTUS remanded the rule saying it should have considered costs when it first decided it was “appropriate and necessary” to regulate.  The court rejected a request from Michigan and other states to take up a new challenge without explanation.

BH: Higher Prices Bringing Rigs Back Online – New rig data from Baker Hughes shows that oil producers brought rigs online for a second straight week last week as prices hover around the $50-a-barrel mark.  Rigs targeting crude in the U.S. rose by 3 to 328, after 9 were added last week.  The move is a watch point for reaction to the rising oil price and when companies when companies would start bringing rigs back on line.

Connecting Grids Will Increase Emissions – A new study by the California Independent System Operator says carbon emissions would likely rise across the West if a proposal to merge California’s energy market with PacifiCorp goes forward.  But operators say coordinating energy grids is key to keeping costs down, enhancing reliability and helping states meet clean energy requirements. An initial feasibility study found merging western grids could save customers almost $9 billion over the next 20 years.  Politicians like Wyoming Gov. Matt Mead worry the plan could allow California to import its policies of getting at least 50 percent of its electricity from clean sources by 2030.

 

ON THE SCHEDULE THIS WEEK

Forum to Look at Climate Mitigation Issues – The Wilson Center and US AID will host a forum tomorrow at 9:30 a.m. on climate change mitigation.  As governments move to implement the commitments made at COP 21, this event will feature discussion by key decision-makers on what the Paris Agreement means for mitigation efforts globally. The panel of experts will reflect on actions being taken by developing countries and by the development community to implement countries’ international climate pledges, known as Nationally Determined Contributions. They will explore how to integrate climate change mitigation into government policies and programs and strengthen collaboration across the range of actors working on these issues.

Senate Finance to Look at Extra Tax Extenders – The Senate Finance Committee will hold an oversight hearing tomorrow at 9:30 a.m. on tax extenders and existing tax credits.  Witnesses will include our friend Karen Harbert of the Chamber’s Energy Institute, as well as AEI’s Benjamin Zycher, Bulk Handling Systems CEO Steve Miller and Susan Kennedy, CEO of Advanced Microgrid Solutions.

Panels to Mark Up Interior Budget Bill – The Senate Appropriations Committee’s Subcommittee on Department of the Interior, Environment, and Related Agencies will hold a business meeting tomorrow to 9:30 a.m. to markup an original bill entitled, “Department of the Interior, Environment, and Related Agencies Appropriations Act, Fiscal Year 2017.  On Wednesday, the full House Committee on Appropriations will meet to markup the FY 2017 Interior and Environment Bill.

Senate Energy to Look at Pipeline Challenges – The Senate Energy Committee will hold a hearing tomorrow at 10:00 a.m. to examine oil and gas pipeline infrastructure and the economic, safety, environmental, permitting, construction, and maintenance considerations associated with that infrastructure.  Witnesses will Include Andy Black of the Association of Oil Pipe Lines, NAM’s Ross Eisenberg, Sean McGarvey of the North America’s Building Trades Unions, CRS’s Energy and Infrastructure specialist Paul Parfomak and EDF’s Jonathan Peress.

EPA SAB to Meet on Findings For NatGas Drilling – The EPA’s Scientific Advisory Board (SAB) meets tomorrow and Wednesday in Alexandria, VA to finalize for submission comments which found that EPA’s SDWA fracking report was too vague in its assertion of no “widespread, systemic impacts on drinking water resources” from fracking.  This has been a controversial process but we’ll see where they land.

Forum to Look at Hydropower in Myanmar – The Stimson Center will host a case study forum on hydropower in Myanmar tomorrow at 10:30 a.m. The Nature Conservancy, in partnership with WWF and the University of Manchester, demonstrated a system-scale planning framework that was applied in Myanmar and could be replicated worldwide, called Hydropower by Design, which seeks to compare alternative development scenarios upfront and identify those scenarios that can most effectively balance energy development with the protection of other social and environmental resources for better hydropower planning. The Stimson Center invites you to join us for a discussion. TNC’s Jeff Opperman, Director and Lead Scientist of the Great Rivers Program will discuss the Hydropower by Design approach as it was applied in Myanmar as well as the results and lessons learned from that effort. In addition, Jorge Gastelumendi, Policy Innovation Lead at TNC, will discuss the opportunity for innovative financial mechanisms that have the potential to enable and encourage this better, system-scale planning approach for hydropower. The Stimson Center’s Southeast Asia Program Director Richard Cronin will moderate and provide discussion on the opportunities and challenges in applying the Hydropower by Design approach to a transnational river like the Mekong.

Forum to Look at Transportation Sector Impacts, Changes for Climate – The Carnegie Endowment for International Peace will hold a conversation tomorrow at Noon with key thinkers on the future of driverless cars and how they could aid efforts to decarbonize the transport sector.  Former NHTSA Administrator David Strickland and Levi Tillemann, author of The Great Race: The Global Quest for the Car of the Future, which is an analysis of the rise of electric vehicles and the intersection between policy and innovation in the global auto industry, will lead the discussion.

WCEE to Look at Energy Security Innovations – Tomorrow at Noon, the Women’s Council on Energy and the Environment (WCEE) will hold another Lunch event on energy security issues and how technology and innovation are changing the picture.  The advance of new technologies and the introduction of new players and new potential interactions on the grid have made the industry very aware of threats and potential game changers. Cyber security and physical security are just two of the constant concerns of those who manage the industry’s assets.  Speakers at the event will be former Chief Technology Officer at DOE Pete Tseronis and Jeff Lane, former DOE Assistant Secretary for Congressional and Intergovernmental Affairs.

Offshore Energy Seminar Set – The American Geosciences Institute will hold a Congressional webinar tomorrow at 1:00 p.m. to explain the scientific and engineering tools that enable production in challenging environments far from land or in miles-deep water.  Speakers will also address the environmental challenges of offshore energy production.  BOEM’s James Bennett is among the speakers.

Statoil Official to Discuss Energy Market Outlook – The CSIS Energy and National Security Program is hosting a forum tomorrow at 1:00 p.m.; featuring Eirik Wærness, Chief Economist of Statoil, to present the company’s newly released Energy Perspectives 2016 publication. The report describes the macroeconomic and market outlook to 2040 including supply, demand, energy trade and CO2 impacts, as well as illustrates some of the key uncertainties that will influence these factors in the future through modeling various scenarios. This year’s report describes the possible development in global energy markets towards 2040 through three alternative scenarios, called Reform, Rivalry, and Renewal, respectively.

Forum to Look at Climate Policy, Ethics – The Wilson Center and the Institute for Philosophy and Public Policy at George Mason University will hold a debate on Wednesday at 9:30 a.m. between two of the most trenchant scholars on the human dimensions of climate change and the relevance of ethics in creating global climate policy. Stephen Gardiner argues that climate change is fundamentally an ethical issue. A robust response must attend to difficult issues, including justice, rights, political legitimacy, and humanity’s relationship to nature. Consequently, climate policy that ignores ethics is at risk of “solving” the wrong problem, perhaps even to the extreme of endorsing forms of climate extortion.  In contrast, David Weisbach argues that existing ethical theories are not well suited to addressing climate change because they suffer from internal logic problems and suggest impractical strategies. He argues that the central motivation for climate policy is straightforward: it is in the common interest of people and nations to dramatically reduce emissions in order to prevent terrible harms.  Gardiner and Weisbach are co-authors of Debating Climate Ethics. This is their first public appearance together since its publication this month. Following their debate, a panel of climate policy practitioners and academics will discuss the practical implications of this exchange.

BP Stat Review Set – On Wednesday at 9:30 a.m., the Atlantic Council will host the US launch of the BP Statistical Review of World Energy 2016 with Spencer Dale, Group Chief Economist for BP.  Global energy markets have entered a period of accelerating volatility. The US shale revolution has upended global oil and gas markets. Alternative energy sources are bourgeoning, and climate policies are reshaping energy systems. Dale will present key trends and findings from the 2016 Statistical Review. Following his presentation, Richard Morningstar, Founding Director and Chairman of the Global Energy Center, will lead a moderated discussion.

House Science Looks at Solar Fuels, Storage – The House Science Committee’s Subcommittee on Energy will convene a hearing on Wednesday looking at innovation in solar fuels, electricity storage and advanced materials.  Witnesses will include Nate Lewis of Cal Tech, Daniel Scherson of Case Western Reserve University, Collin Broholm of Johns Hopkins University and Daniel Hallinan of Florida A&M University.

Carnegie to Release Report on Oil, Climate Issues – On Wednesday, the Carnegie Endowment for International Peace will release its new report, Smart-Tax: Pricing Oil for a Safe Climate. For the first time, it is possible to estimate the value and profile of GHG emissions from oils throughout their supply chain using an Oil-Climate Index. This allows for the replacement of blunt tax designs with a smart tax that captures oil’s total emissions with minimal economic cost and maximum efficiency.  The release of the report will be followed by a panel discussion about a smart-tax design, why U.S.—and North American—involvement will be critical, and why national policymaking must catch up to the new realities of today’s oil landscape.  Speakers will include Rhode Island Sen. Sheldon Whitehouse, former Idaho Rep. Walter Minnick of the Partnership for Responsible Growth and Deborah Gordon, director of Carnegie’s Energy and Climate Program.

WCEE Leadership Forum Tackles Women’s Role in International Development – On Wednesday at 11:30 a.m. at Clyde’s of Gallery Place, WCEE’s Women in Leadership (WIL) luncheon panel discussion will showcase some of the exciting work that federal agencies are doing globally in clean energy and climate change, and in particular how women around the world are impacted by and are tackling these complex issues. The panel will discuss how the U.S. public sector advances clean energy entrepreneurship, helps developing countries meet their COP 21 commitments, encourages women in leadership within the energy sector, and supports access to energy around the world.  Panelists will include State’s Rachel Kastenberg, DOE’s Caroline McGregor and USAID’s Kathryn Stratos.

McKinley, Welch Headline Briefing For High Performance Buildings – On Wednesday at noon, as part of High Performance Building Week, there will be a Congressional briefing on Capitol Hill featuring Reps. David McKinley and Peter Welch.  Around the country States and cities are calling for high performance green residential and commercial buildings. But what exactly are high performance buildings, why is there a demand, what tools are available to meet this demand, what challenges exist, and how can Congress help? Join us for a fast-paced series of presentations from experts on cutting-edge trends in the building industry.  Other presentations include NASEO’s Todd Sims, Kara Saul Rinaldi of the Home Performance Coalition and Efficiency First, NAHB’s John Barrows and Lawrence Schoen, Vice Chair of ASHRAEO’s Standing Standard Project Committee.

Summer Solstice Solar Event Set – The Solar Foundation will be having its Summer Solstice event on Thursday from 6:00 p.m. – 10:00 p.m. at the Capitol View at 400.  Every June, in honor of the longest day of the year, TSF hosts its Summer Solstice, a celebration of solar energy and the beneficial role it plays across many aspects of our society. We will be taking over an incredible rooftop in downtown Washington, D.C. to roll out the “yellow carpet” in recognition of all things solar. This year’s Solstice guests will be treated to great food and drinks, electrifying beats, amazing twilight views of the Capital’s skyline, and the company of many of the most eclectic personalities in solar.

Forum to Feature PJM Official on CPP Implementation – On Friday, the USAEE-NCAC will hold its next installment of our monthly lunch series featuring Paul Sotkiewicz, Ph.D., Senior Economic Policy Advisor for the PJM Wholesale Power Market.  He will discuss recent updates and results from PJM’s Capacity Market Auction, Clean Power Plan implementation, and investment decisions in PJM.

USEA Forum to Look at More Capture Technologies – On Friday at 2:00 p.m., the U.S. Energy Association will host a forum on the technical basis for direct air capture of CO2.  The event will hear from Geoff Holmes, who will address the operation of Carbon Engineering’s air capture demonstration plant in Squamish, B.C.  Holmes will discuss opportunities for commercialization and deployment of the technology.  Carbon Engineering has been developing direct air capture technology since 2009, and has innovated a process based on wet scrubbing and chemical recovery that shows great promise for deployment at industrial scale. CE is now piloting this process with a fully end-to-end 1-ton-CO2/day demonstration plant.

 

FUTURE EVENTS

Wisconsin Energy Fair Set – The 27th annual Energy Fair will be held in Custer, Wisconsin on June 17th to 19th.  The event hosted by the Midwest Renewable Energy Association in Central Wisconsin, features over 250 workshops and over 200 exhibitors, with live music, inspiring keynotes, and activities

Mann to Address Climate Lobby Conference – The Citizens Climate Lobby is holding its annual conference on Sunday-Tuesday, June 19-21 at the Omni Shoreham.  The CCL Conference trains activists to climate issues.  Their Keynote Speaker will be Penn State Climate activist Professor Michael Mann.

Dominion Official to Address AWEA Virginia Forum – On June 22nd at James Madison University in Harrisonburg, the American Wind Energy Association (AWEA) is hosting the AWEA State Wind Energy Forum – Virginia in collaboration with partners and colleagues in the state. You’ll learn about the benefits and challenges of Virginia’s potential for land-based and offshore wind industry from state policy, industry, government, and other thought leaders, as well as experts on national, regional, and state wind markets; grid integration; wildlife impacts and mitigation; economics; local economic development benefits; and water and air impacts.  Bill Murray of Dominion and our friend Jonathan Miles will speak among several others.

RFF to Look at Coal Leasing – Resources for the Future (RFF) holds a seminar on Wednesday June 22nd at 8:45 a.m. to look at the economics of coal leasing on Federal Lands, ensuring a fair return for taxpayers.  In 2015, BLM’s federal coal leasing program accounted for nearly 40% of coal production in the United States and supplied some of the lowest-cost coal available. The program has been widely critiqued in recent years for providing a poor return to taxpayers and failing to adequately address the environmental costs of coal extraction and processing. At this RFF seminar, Jason Furman, chairman of the White House Council of Economic Advisers (CEA), will unveil a new CEA report that examines the economic principles underlying the program, discusses the case for reform, and provides quantitative estimates of the effects of such changes. Furman’s remarks will be followed by an expert panel discussion on reforming the federal coal leasing program.  Among the panelists will be Michael Greenstone, Director of the Energy Policy Institute at the University of Chicago, and James Stock of the Harvard Kennedy School.

CSIS to Host IEA Gas Outlook – On Tuesday, June 28th at 1:30 p.m., the CSIS Energy and National Security Program will host Costanza Jacazio, Senior Gas Expert in the Gas, Coal & Power Markets Division at the International Energy Agency (IEA), to present the IEA’s Medium-Term Gas Market Report 2016. The annual report, which gives a detailed analysis and five-year projections of natural gas demand, supply and trade developments, examines the interaction of oversupply, low prices and upstream capital expenditure cuts. The impact on global gas markets of changing trade patterns and price mechanisms are also given special consideration. The Medium-Term Gas Market Report is part of a series of annual reports the IEA devotes to each of the main primary energy sources: oil, gas, coal, renewable energy and energy efficiency.

July 4th Holiday

Republican Convention – Cleveland will host the Republican Convention at the Quicken Loans Arena July 18-21st.  The Republican National Committee (RNC), the convention will host approximately 2,470 delegates and 2,302 alternate delegates from all 50 states, the District of Columbia and five territories.

Democratic Convention – A week later, the Democrats will head to Philadelphia for the 2016 Democratic National Convention at the Wells Fargo Center on July 25th – 28th.

Energy Update: Week of June 6

Friends,

We start today by thanking and honoring Muhammad Ali, who was the original transcender of policy, politics, sports, character and humor.  He was a giant and is well-deserving of any and all praise (especially this type of Barbershop praise) he receives for changing the way we look at athletes.

We had a very exciting weekend at the Maisano House as Hannah finally crossed the stage to graduate from Severn School with Honors.  It is a very exciting first step as she prepares for Wellesley.  In the meantime, she was appointed to umpire USA Field Hockey’s two national championships – The National Futures (best individual players) and the National Club Championships (Best Teams).  And the Cherry on the dessert:  She will be umpiring USA Field Hockey/AAU Junior Olympics in Houston in August (Houston in August doesn’t sound very fun), but she is one of only 8 umpires across the nation to be selected for the event.  It is a great honor and we are very proud of her accomplishments both in school, sports and officiating.

Of course, Saturday brings us the final Triple Crown Jewell, the 148th Belmont Stakes.  Right now (and with Nyquist out), I like the looks of a well-rested Suddenbreakingnews (with HoF Jockey Mike Smith) to chase 6-5 favorite, Exaggerator.  Another horse that is rested and should be good if the pace is slow is Governor Malibu, who recently “placed” at the Peter Pan Stakes at Belmont.  He is strong and runs close to pace.  He also fits the Belmont’s penchant for running an upset winner that hasn’t won any graded stakes.  Late closers Cherry Wine and Creator, as well as the speedy Stradivari will all challenge at the longer mile-and-a-half distance.  While all the closers benefited from the fast early pace in Baltimore, I suspect we won’t see that fast first quarter in New York.  Destin and Brody’s Cause both ran the Derby but passed on the Preakness and could be fresher than those that ran in Baltimore. Depending on weather, I’d box Exaggerator, Suddenbreakingnews and Governor Malibu for at least one trifecta.  I also might try one with Cherry Wine.  As for Superfecta, I might consider playing two, mixing the previous five or maybe swapping Stradivari in.  Straight up: A “win” flyer bet on Governor Malibu is probably worth it at 25-1, although I don’t suspect the line will stay there.   Of course, some of this may change as the positions are drawn (Wednesday), the weather forecast changes and the field firms up.  Post time is around 6:50 p.m. Saturday.

It will be a busy week in DC as Congress returns to run its final multi-week session before really breaking for the fall elections.  The main event is a Senate Environment hearing on Thursday on the SCOTUS stay of EPA’s GHG rule featuring Hunton expert Allison Wood and Tri-State Generation CEO Mike McInnes, among others.   Also Thursday, a House Foreign Affairs panel will hear from EIA Head Adam Sieminski and others on energy security in the Americas.  Tomorrow, a Senate Environment panel looks at EPA’s unfunded mandates.  Finally, Friday morning at 9:30 a.m., House Energy will host AHRI President Steve Yurek and others for a hearing on appliance energy standards.

The biggest event off the Hill this week is the US Energy Stream’s Washington Oil & Gas Conference on Thursday at the Cosmos Club featuring Republican House Whip Steve Scalise, former House Energy Chair Joe Barton and Resources Chair Rob Bishop. The Forum focuses on the international aspects of the American oil and gas industry and will address the international impact of the shale gas revolution.  Other events in town include Heritage hosting TX AG Ken Paxton on Friday while Bracewell hosts a WCEE forum on Wednesday looking at the future of Utilities.  There are also Clean Energy, Paris and oil-price events sponsored by The Atlantic, Brookings, Carnegie, USEA and Johns Hopkins throughout the week.  Everything is listed below.

Out of town on Wednesday, Kansas will host an EPA public meeting on the RFS’s RVO rule and the Geothermal industry gathers.

Finally, the US Chamber’s Energy Institute is expected to launch its International Index of Energy Security Risk sometime this week so stayed tuned for that.

In case you haven’t noticed, it’s an election year.  Between the Trump energy event last week and a Mark Drajem  Interview with Bloomberg Analyst Rob Barnett on Sander’s Presidential Fracking position, got us thinking to start paying closer attention to energy-related action on the campaign trail (which many times is a little light on substance, historical perspective and reality) so keep us as a background resource.  We’ll have people at both conventions – yes we are a bipartisan group.  Anyway, the countdown is on: 42 days to Cleveland, 49 days to Philly and 155 days to Election Day.

 

Best,

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“If we are serious about combating climate change, we need to put an end to fracking all over this country.”

Presidential Candidate and Vermont Sen. Bernie Sanders last week after a speech in California.

 

IN THE NEWS

AHRI, ASHRAE, DOE Partner to Fund Flammable Refrigerant Research – The Air-Conditioning, Heating, and Refrigeration Institute (AHRI), ASHRAE, and the U.S. Department of Energy (DOE) are collaborating to fund vital research that will establish a more robust fact base about the properties and the use of flammable refrigerants. This $5.2 million research program is part of an ongoing global effort to phase down the use of high-global warming potential (GWP) refrigerants and identify appropriate climate-friendly alternatives. Of the total, DOE is contributing $3 million, ASHRAE $1.2 million, and AHRI $1 million.  In anticipation of a global plan to phase down high-GWP refrigerants, the industry has spent the past five years researching potential alternatives. Through that effort, several promising refrigerants were identified, many of which are low toxicity, but are classified as mildly flammable or flammable. This new research program will provide the technical knowledge needed to facilitate and accelerate the safe use of these refrigerants.

Industry Group May Challenge Methane Rule – The Western Energy Alliance is “exploring litigation” over the new EPA rules aimed that reducing methane for new oil and gas.  WEA official Kathleen Sgemma, said the alliance has been involved in litigation on a number of regulations that western oil and gas producers say would hobble the industry. Sgemma said the alliance was successful in suing against the first round of fracking regulations that the Bureau of Land Management tried to impose, winning a federal court injunction to stay the rules until a decision on the merits is made.

Interior to Open Up Waters Off NY for Offshore Wind – The federal government is expanding its offshore wind energy program to New York, the Department of Interior announced Thursday.  Interior said more than 81,000 acres of the Atlantic Ocean off the New York coast will be available for wind energy leases.  The section of ocean is in the New York Wind Energy Area, a portion of the outer continental shelf 11 miles south of Long Island. The department will publish a sales notice in the Federal Register on Monday, opening a 60-day public comment period.  As with other WEAs, the question is not whether Interior can open it up, but if somebody will build any projects.  So far, not much luck.

Paris Is Now Banning All Pre-1997 Cars – While France gets most of its electricity from nuclear power, it still has some of the most polluted air in Paris because of traffic issues.    Paris has tried just about everything to combat its terrible smog problem. The city has launched attempts to take half the cars off its road, introduce regular car-free days, and close famous streets to vehicular traffic—but nothing has worked. Now a much bigger idea is going into effect: Kicking the oldest cars out of the city. Starting July 1, all cars registered before 1997 and motorcycles registered before 2000 will be banned from the city center during weekdays.

Platts Crude Discusses OPEC – This week’s Capitol Crude podcast is live from Vienna where Brian and Herman go inside last week’s OPEC meeting, the first for the new Saudi energy minister. What did the meeting mean for OPEC, as well as US producers and policy? The podcast also addresses the view from OPEC on the ongoing US presidential race and its impact on the world oil market. With appearances from Khalid al-Falih, Amos Hochstein and Joe McMonigle.

Exelon to Close IL Nuke Plants – Exelon says it will close two of its nuclear plants in the state starting next year because if the sustained low wholesale power prices, capacity auction results, regulatory uncertainty and questions regarding the future of the EPA’s Clean Power Plan for its decision to close the two plants.  They also tried to convince the Illinois General Assembly to pass zero-carbon energy standard legislation that could have helped keep them competitive.  Exelon will close the Clinton nuclear plant on June 1, 2017, and the Quad Cities plant in 2018. The closures will come several years before the plants’ NRC licenses run out.

TVA Nuke Plant Finally Producing Energy – Speaking of Nukes, the long-awaited second reactor at the Tennessee Valley Authority’s Watts Bar nuclear plant has been synced to the grid and will next undergo systems and controls testing.  The next step is full-plant testing of systems and controls at increasing reactor power levels up to 100 percent power by this summer.  Combined with Watts Bar Unit 1, the plant will supply power to roughly 1.3 million homes in the TVA service area.

 

ON THE SCHEDULE THIS WEEK

Fuel Cell Techs Under Review by DOE – This week, DOE will host a series on reviews on fuel cell vehicle technologies.  Each year, projects funded by the Department of Energy’s (DOE’s) Fuel Cell Technologies Office and Vehicle Technologies Office are reviewed for their merit at the Annual Merit Review and Peer Evaluation Meeting (AMR). DOE uses the results of this merit review and peer evaluation, along with additional review processes, to make funding decisions for upcoming years.

Heritage to Look at Obama War On Fossil Fuels – Today at 12:00 p.m., the Heritage Foundation hosts a forum on the Obama Administration’s efforts against fossil fuels. In only a few short years, the U.S. has become the world’s largest producer of oil and natural gas; it has long been the Saudi Arabia of coal. America has more fossil fuels resources than any nation and can produce and utilize those resources with more environmental sensitivity and energy efficiency. Yet, highly politicized climate policies are pushing a grand-scale shift to unreliable, expensive renewable energy sources inherently incapable of replacing the vast energy services fossil fuels provide. Today, ‘fossil fuel’ has become such a dirty word that even fossil fuel companies feel compelled to apologize for their products. In Fueling Freedom, Kathleen Hartnett White and Stephen Moore make an unapologetic case for fossil fuels, turning around progressives’ protestations to prove that if fossil fuel energy is supplanted by ‘green’ alternatives for political reasons, humanity will take a giant step backwards and the planet will be less safe, less clean, and less free.

Energy, Education Forum Set – The National Council on Science and the Environment’s (NCSE) Council of Energy Research and Education Leaders (CEREL) will host the 2nd annual National Energy Education Summit tomorrow at the American University. Energy literate leaders in politics, labor, business, and religion must help citizens and the workforce cope with the challenges and embrace the opportunities of change. Despite the needs for energy literacy, very few college and university students in the United States or elsewhere systematically learn about energy as part of their education. New forms of energy education must become a fundamental part of undergraduate education, in the United States and everywhere else in the world.

Forum to Look at Climate, Air Quality Connections – The Carnegie Endowment for International Peace hosts a half-day event tomorrow on the connection between air quality and climate change and how it might be expected to shape the global energy innovation agenda in the years to come. Speakers will include Deborah Gordon, Judi Greenwald, Daniel Horton, David Livingston, Varun Rai, Seth Shonkoff.

Senate Enviro to Tackle Unfunded Mandates — The Senate Environment Committee’s Subcommittee on Superfund, Waste Management, and Regulatory Oversight will hold a hearing tomorrow providing oversight of EPA Unfunded Mandates on State, Local, and Tribal Governments.  Witnesses include Tennessee state Senate majority Mark Norris representing the Council of State Governments, Berks County, PA Commission Chair Christian Leinbach on behalf of the National Association of Counties; Quapaw Tribe of Oklahoma chair John Berrey, DC Water/Sewer Authority CEO George Hawkins and George Washington University environmental law professor Robert Glicksman.

Brookings Forum to Look at Paris Climate Deal – Tomorrow at 4:00 p.m., Brookings will host a panel to assess the challenges as well as the opportunities in implementing the Paris Climate Agreement.  The Paris agreement, recently signed onto by 196 countries, is a milestone in recognizing the threat posed by climate change and securing collective commitment to hold global temperature rise to “well below 2 degrees Celsius.” The task now is to translate this ambitious commitment into a concrete implementation agenda.  This high level panel, which will include eminent climate expert Lord Nicholas Stern, World Bank Managing Director Sri Mulyani Indrawati, and University of Maryland Dean Public Policy and longtime climate advisor Robert Orr, as well as Vice President Kemal Dervis and Senior Fellow Amar Bhattacharya of Global Economy and Development program at Brookings.

Geothermal Conference Set – The Baseload Renewable Energy Summit will be held tomorrow and Wednesday at the Grand Sierra Resort and Casino in Reno, NV will examine key issues facing the geothermal, biomass and hydropower industries at the federal, state and local levels.  The event is Geothermal Energy Association (GEA) 5th annual National Geothermal Summit, but with a twist. This year, the leading forum for western state policy discussions will team up with the National Hydropower Association (NHA) and the Biomass Power Association (BPA) to create a new spin on the annual event. Wednesday will feature a full day program opening remarks by Rahm Orenstein, Vice President of Business Development, Ormat Technologies Inc. Following through the day panels of experts from power producers, utilities, government officials and others will examine key questions facing the future of the geothermal, biomass and hydropower industries.

EPA RFS Hearing In Kansas City – EPA announced it will hold a public hearing Thursday in Kansas City, Missouri, on its proposed rule for the 2017 renewable fuels standard (RFS).  The EPA released its proposed rule to set 2017 renewable volume obligations (RVOs) under the RFS, along with the 2018 RVO for biomass-based diesel, on May 18. The agency has proposed to set the 2017 RVO for cellulosic biofuel at 312 million gallons, with the advanced biofuel RVO at 4 billion gallons and the RVO for total renewable fuel at 18.8 billion gallons. The 2018 RVO for biomass-based diesel has been proposed at 2.1 billion gallons…

WCEE Forum on Future Utility of Future – On Wednesday at 12:00 noon in the swanky new office at Bracewell, the Women’s Council on Energy and the Environment (WCEE) will host a forum on the utility of the future.  Based on data published by EIA, US demand for electricity hit a plateau in 2006 for a variety reasons – the transition of our economy from manufacturing towards services, improvements in energy efficiency, and changing building codes.  There are also growing regional trends to shift towards clean energy, in some cases driven by legislative mandates or the Clean Power Plan, and an increase in the popularity of customer generated electricity.  But, at its simplest, the utility business model, forged at the turn of the 20th century, is based on a perpetual increasing demand for electricity.  The event features DC Public Service Commissioner Joanne Doddy Fort, former Maryland PSC Chair and current Alliance to Save Energy official Kelly Speakes-Backman, Katharine Bond of Dominion Virginia Power and Cheryl Roberto of  Twenty First Century Utilities.

JHU to Look at Living with Lower Oil Prices – Johns Hopkins SAIS, the International Monetary Fund, and the Middle East Institute will host a high level discussion on Wednesday at 12:30 p.m. looking at living with cheaper oil and the policy adjustments necessary in Middle Eastern and Central Asian oil exporting countries.  The event features a presentation by Min Zhu, Deputy Managing Director of the International Monetary Fund and Martin Sommer, IMF’s Deputy Chief, Middle East and Central Asia Regional Studies Division.

Forum to Look at Energy Storage – Wednesday at 2:00 p.m., the Joint Center for Energy Storage Research (JCESR) will hold a briefing to discuss energy storage.  JCESR is a public/private partnership that brings together world-leading scientists, engineers, and manufacturers with an important mission: develop clean energy storage technologies for transportation and the electricity grid. The Center was established by the Department of Energy as an Energy Innovation Hub in 2012 and is led by Argonne National Laboratory. Their partners include five national laboratories, ten universities, and five industrial firms.  JCESR was launched with a bold vision: to create game-changing, next-generation battery technologies that will transform transportation and the electricity grid the way lithium-ion batteries transformed personal electronics.

Atlantic Forum to Look at Clean EnergyThe Atlantic will host a forum on Thursday morning called Access to Power: A Forum on Energy Equity at the Newseum. The Atlantic‘s Ron Brownstein and Rebecca Rosen will be joined on stage by Michelle Moore (Groundswell), Richard Kauffman (New York Governor’s Office), Jim Kapsis (Opower) and others to discuss making the future of clean energy accessible to all.

Senate Enviro to Look at GHG Rule – Senate Committee on Environment and Public Works will hold a hearing Thursday on the implications of the Supreme Court Stay of EPA’s Clean Power Plan.  Testifying will be Tri-State Generation CEO Mike McInnis, Hunton’s Allison Wood Missouri State House Rep. Jack Bondon, NYU’s Richard Revesz and Connecticut DEEP deputy commissioner Katie Dykes.

EIA, DOE, State to Talk Energy – The House Foreign Affairs Committee’s Subcommittee on the Western Hemisphere will convene a hearing Thursday at 10:00 a.m. on the impact of low oil prices on energy security in the Americas.  Witnesses include EIA’s Adam Sieminski, DOE’s Melanie Kenderdine and State’s Amos Hochstein.

USEA Forum to Look at Paris, Future of Energy – On Thursday, USEA will host a forum looking at all sectors of the energy industry and the pressure from a combination of ultra-low prices, dislike of big business, accusations of crony capitalism and, last but not least, what for many are existential threats from environmental concerns.  The speakers, respectively the former Chief Climate Counsel for Sierra Club and Head of Climate Policy at ExxonMobil, talk frankly about what the future holds: what the Paris agreement means (and does not mean) for the energy industry; why the 2016 election may make less difference than many think – or hope – and what the reality of a carbon-constrained policy world means for the fossil and renewable energy industries. Former Sierra Club Counsel David Bookbinder has litigated cases under all of the major environmental statutes as Sierra Club’s Chief Climate Counsel. He then represented environmental groups in both stationary- and mobile-source carbon matters, including California’s greenhouse gas vehicle standards. Bookbinder has helped lead efforts on both global warming legislation and Clean Air Act greenhouse gas regulation, and has testified in front of House and Senate committees on these issues.  David Bailey has 35 years-experience in managing energy related issues around the world and has worked at literally every level of the coal and oil and gas industries, from the UK National Coal Board during the economic and labor upheavals under the Thatcher government to responsibility for ExxonMobil’s climate policy.

Scalise, Barton, Others Headline Oil, Gas Forum – US Energy Stream will hold a Washington Oil & Gas Forum on Wednesday and Thursday at the Cosmos Club in DC.  Speakers will include Reps. Steve Scalise, Rob Bishop, Joe Barton, as well as State’s Amos Hochstein and DOE’s Paula Gant.  The Washington Oil & Gas Forum focuses on the international aspects of the American oil and gas industry and is the only commercial forum in Washington that addresses the international impact of the shale gas revolution.  This year’s primary focus is the impact of the U.S. LNG exports on global energy markets.  More specifically, the topics include U.S. LNG and crude oil exports; oil prices; the impact of shale gas on the global energy markets; U.S. energy independence; upstream developments in the major U.S. shale plays; U.S. oil and gas investments in the international energy markets.

House Energy Panel to Look at Energy Efficiency Standards – On Friday morning, the House Energy Panel will hold a hearing on stakeholder perspectives on Appliance EE standards.  Among those testifying will be Steve Yurek, President of AHRI.

TX AG Headlines Heritage Forum on Climate Speech Challenges– The Heritage Foundation will host a forum on Friday at Noon featuring TX AG Ken Paxton discuss the recent efforts to attack scientific dissent.  A group of state attorneys general are targeting companies and others whom they claim “mislead the public about the dangers of climate change.” With the help of some private plaintiffs’ law firms, state AGs are opening up potential civil/criminal investigations. Other state AGs are objecting to these prosecutions as both ill-advised and violations of the First Amendment. The forum will look at whether this is a misuse of the law and are First Amendment rights being violated.

REFF Wall Street Meeting Set for NYC – REFF-Wall Street 2016 will be held on Saturday and Sunday at The Grand Hyatt, New York.  REFF-Wall Street is the premier renewable energy financing event in the U.S. The event draws an especially senior audience, comprising of over 600 decision makers, lenders, investors, investment bankers, private equity investors, venture capitalists, and other top transactional professionals in renewable energy finance. Delek CEO Yaniv Friedman, Grover Norquist, AGA’s David Sweet and Columbia’s Jason Bordoff will also speak among the many others.

 

FUTURE EVENTS

Forum to Look at Climate Mitigation Issues – The Wilson Center and US AID will host a forum next Tuesday at 9:30 a.m. on climate change mitigation.  As governments move to implement the commitments made at COP 21, this event will feature discussion by key decision-makers on what the Paris Agreement means for mitigation efforts globally. The panel of experts will reflect on actions being taken by developing countries and by the development community to implement countries’ international climate pledges, known as Nationally Determined Contributions. They will explore how to integrate climate change mitigation into government policies and programs and strengthen collaboration across the range of actors working on these issues.

Forum to Look at Transportation Sector Impacts, Changes for Climate – The Carnegie Endowment for International Peace will hold a conversation next Tuesday at Noon with key thinkers on the future of driverless cars and how they could aid efforts to decarbonize the transport sector.  Former NHTSA Administrator David Strickland and Levi Tillemann, author of The Great Race: The Global Quest for the Car of the Future, which is an analysis of the rise of electric vehicles and the intersection between policy and innovation in the global auto industry, will lead the discussion.

WCEE to Look at Energy Security Innovations – Next Tuesday at Noon, the Women’s Council on Energy and the Environment (WCEE) will hold another Lunch event on energy security issues and how technology and innovation are changing the picture.  The advance of new technologies and the introduction of new players and new potential interactions on the grid have made the industry very aware of threats and potential game changers. Cyber security and physical security are just two of the constant concerns of those who manage the industry’s assets.  Speakers at the event will be former Chief Technology Officer at DOE Pete Tseronis and Jeff Lane, former DOE Assistant Secretary for Congressional and Intergovernmental Affairs.

Offshore Energy Seminar Set – The American Geosciences Institute will hold a Congressional webinar on Tuesday, June 14th at 1:00 p.m. to explain the scientific and engineering tools that enable production in challenging environments far from land or in miles-deep water.  Speakers will also address the environmental challenges of offshore energy production.  BOEM’s James Bennett is among the speakers.

Statoil Official to Discuss Energy Market Outlook – The CSIS Energy and National Security Program is hosting a forum on Tuesday, June 14th at 1:00 p.m.; featuring Eirik Wærness, Chief Economist of Statoil, to present the company’s newly released Energy Perspectives 2016 publication. The report describes the macroeconomic and market outlook to 2040 including supply, demand, energy trade and CO2 impacts, as well as illustrates some of the key uncertainties that will influence these factors in the future through modeling various scenarios. This year’s report describes the possible development in global energy markets towards 2040 through three alternative scenarios, called Reform, Rivalry, and Renewal, respectively.

Forum to Look at Climate Policy, Ethics – The Wilson Center and the Institute for Philosophy and Public Policy at George Mason University will hold a debate on Wednesday June 15th at 9:30 a.m. between two of the most trenchant scholars on the human dimensions of climate change and the relevance of ethics in creating global climate policy. Stephen Gardiner argues that climate change is fundamentally an ethical issue. A robust response must attend to difficult issues, including justice, rights, political legitimacy, and humanity’s relationship to nature. Consequently, climate policy that ignores ethics is at risk of “solving” the wrong problem, perhaps even to the extreme of endorsing forms of climate extortion.  In contrast, David Weisbach argues that existing ethical theories are not well suited to addressing climate change because they suffer from internal logic problems and suggest impractical strategies. He argues that the central motivation for climate policy is straightforward: it is in the common interest of people and nations to dramatically reduce emissions in order to prevent terrible harms.  Gardiner and Weisbach are co-authors of Debating Climate Ethics. This is their first public appearance together since its publication this month. Following their debate, a panel of climate policy practitioners and academics will discuss the practical implications of this exchange.

WCEE Leadership Forum Tackles Women’s Role in International Development – On Wednesday June 15th at 11:30 a.m. at Clyde’s of Gallery Place, WCEE’s Women in Leadership (WIL) luncheon panel discussion will showcase some of the exciting work that federal agencies are doing globally in clean energy and climate change, and in particular how women around the world are impacted by and are tackling these complex issues. The panel will discuss how the U.S. public sector advances clean energy entrepreneurship, helps developing countries meet their COP 21 commitments, encourages women in leadership within the energy sector, and supports access to energy around the world.  Panelists will include State’s Rachel Kastenberg, DOE’s Caroline McGregor and USAID’s Kathryn Stratos.

Summer Solstice Solar Event Set – The Solar Foundation will be having its Summer Solstice event on Thursday, June 16th from 6:00 p.m. – 10:00 p.m. at the Capitol View at 400.  Every June, in honor of the longest day of the year, TSF hosts its Summer Solstice, a celebration of solar energy and the beneficial role it plays across many aspects of our society. We will be taking over an incredible rooftop in downtown Washington, D.C. to roll out the “yellow carpet” in recognition of all things solar. This year’s Solstice guests will be treated to great food and drinks, electrifying beats, amazing twilight views of the Capital’s skyline, and the company of many of the most eclectic personalities in solar.

Forum to Feature PJM Official on CPP Implementation – On Friday June 17th, the USAEE-NCAC will hold its next installment of our monthly lunch series featuring Paul Sotkiewicz, Ph.D., Senior Economic Policy Advisor for the PJM Wholesale Power Market.  He will discuss recent updates and results from PJM’s Capacity Market Auction, Clean Power Plan implementation, and investment decisions in PJM.

USEA Forum to Look at More Capture Technologies – On Friday, June 17th at 2:00 p.m., the U.S. Energy Association will host a forum on the technical basis for direct air capture of CO2.  The event will hear from Geoff Holmes, who will address the operation of Carbon Engineering’s air capture demonstration plant in Squamish, B.C.  Holmes will discuss opportunities for commercialization and deployment of the technology.  Carbon Engineering has been developing direct air capture technology since 2009, and has innovated a process based on wet scrubbing and chemical recovery that shows great promise for deployment at industrial scale. CE is now piloting this process with a fully end-to-end 1-ton-CO2/day demonstration plant.

Wisconsin Energy Fair Set – The 27th annual Energy Fair will be held in Custer, Wisconsin on June 17th to 19th.  The event hosted by the Midwest Renewable Energy Association in Central Wisconsin, features over 250 workshops and over 200 exhibitors, with live music, inspiring keynotes, and activities.

Mann to Address Climate Lobby Conference – The Citizens Climate Lobby is holding its annual conference on Sunday-Tuesday, June 19-21 at the Omni Shoreham.  The CCL Conference trains activists to climate issues.  Their Keynote Speaker will be Penn State Climate activist Professor Michael Mann.

Dominion Official to Address AWEA Virginia Forum – On June 22nd at James Madison University in Harrisonburg, the American Wind Energy Association (AWEA) is hosting the AWEA State Wind Energy Forum – Virginia in collaboration with partners and colleagues in the state. You’ll learn about the benefits and challenges of Virginia’s potential for land-based and offshore wind industry from state policy, industry, government, and other thought leaders, as well as experts on national, regional, and state wind markets; grid integration; wildlife impacts and mitigation; economics; local economic development benefits; and water and air impacts.  Bill Murray of Dominion and our friend Jonathan Miles will speak among several others.

RFF to Look at Coal Leasing – Resources for the Future (RFF) holds a seminar on Wednesday June 22nd at 8:45 a.m. to look at the economics of coal leasing on Federal Lands, ensuring a fair return for taxpayers.  In 2015, BLM’s federal coal leasing program accounted for nearly 40% of coal production in the United States and supplied some of the lowest-cost coal available. The program has been widely critiqued in recent years for providing a poor return to taxpayers and failing to adequately address the environmental costs of coal extraction and processing. At this RFF seminar, Jason Furman, chairman of the White House Council of Economic Advisers (CEA), will unveil a new CEA report that examines the economic principles underlying the program, discusses the case for reform, and provides quantitative estimates of the effects of such changes. Furman’s remarks will be followed by an expert panel discussion on reforming the federal coal leasing program.  Among the panelists will be Michael Greenstone, Director of the Energy Policy Institute at the University of Chicago, and James Stock of the Harvard Kennedy School.

CSIS to Host IEA Gas Outlook – On Tuesday, June 28th at 1:30 p.m., the CSIS Energy and National Security Program will host Costanza Jacazio, Senior Gas Expert in the Gas, Coal & Power Markets Division at the International Energy Agency (IEA), to present the IEA’s Medium-Term Gas Market Report 2016. The annual report, which gives a detailed analysis and five-year projections of natural gas demand, supply and trade developments, examines the interaction of oversupply, low prices and upstream capital expenditure cuts. The impact on global gas markets of changing trade patterns and price mechanisms are also given special consideration. The Medium-Term Gas Market Report is part of a series of annual reports the IEA devotes to each of the main primary energy sources: oil, gas, coal, renewable energy and energy efficiency.

July 4th Holiday

Republican Convention – Cleveland will host the Republican Convention at the Quicken Loans Arena July 18-21st.  The Republican National Committee (RNC), the convention will host approximately 2,470 delegates and 2,302 alternate delegates from all 50 states, the District of Columbia and five territories.

Democratic Convention – A week later, the Democrats will head to Philadelphia for the 2016 Democratic National Convention at the Wells Fargo Center on July 25th – 28th.

Memorial Day Energy Update

Friends,

Unofficial Summer is off and running….  I hope everyone had a few moments to enjoy the Memorial Day Weekend.  Hannah and I were in Cali taking in some field hockey and a significant number of In ‘N Out Burgers (good thing I don’t live out there).

With the Stanley Cup Finals underway (Pittsburgh took Game 1 last night 3-2) and the NBA Finals set after last night’s impressive Game 7 win by Golden State (they now take on LeBron and Cleveland in a rematch of last year’s final), it is a pretty great sports time.  And how about the way North Carolina took it to Maryland in both the Women’s and Men’s lax finals over the weekend, with the Tar Heel men coming back from a three goal deficit to win in OT.  Both of those wins had to be considered upsets.

And I know this goes against my Champ Kind “No Soccer” pledge, but starting Friday, the United States will host one of international soccer’s most famous tournaments, Copa America. To celebrate its 100th anniversary, the crown jewel of South American futbol is venturing outside its continental borders for the first time. The first match will pit the U.S. and Colombia at Levi’s Stadium in Santa Clara, Calif., and culminates June 26 with the championship game at MetLife Stadium in New Jersey.  The Wash Post has a great primer here.

First, awesome news breaking late last week that our friend and long-time DC Trade reporter Darren Goode will be leaving the confines of the press to work with conservative clean energy advocate Jay Faison.   We are all familiar with Darren’s body of work for POLITICO, National Journal, The Hill and Inside EPA over the years and know we will stay up with him.  Also in the new job department, our friend Ellen Carey of Securing America’s Future Energy (SAFE) is leaving for an exciting new opportunity in Audi’s Communications shop.  Ellen will help Audi with policy communications, working on autonomous vehicles and other key regulatory issues.  So congrats Darren and Ellen…

Slow week this week because of the holiday, but still a few events, including CSIS hosting Chevron’s Ali Moshiri and the State Dept’s Amos Hochstein to discuss Latin American energy issues on Thursday.  Also Thursday, CEI hosts its annual dinner featuring Steve Forbes.  Out of town, Energy Secretary Ernest Moniz and two dozen of his international counterparts will swap policy ideas in San Francisco this week (starting today) at the 7th Clean Energy Ministerial.

We’ll be around should you have questions, mostly doing our research for next Saturday’s final Triple Crown Jewell, the 148th Belmont Stakes.  Right now, I like the looks of a well-rested Suddenbreakingnews (with HoF Jockey Will Smith) to chase Exaggerator.  Late closers Cherry Wine and Creator, as well as the speedy Stradivari will all challenge at the longer mile-and-a-half distance.  More race updates here next week.  Call with questions.

 

Best,

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“I couldn’t help but realize today that I have personally carried and birthed a child in the same amount of time in which Rand Paul could have raised objections to the few lines in this bill that he is now calling ‘rushed.’”

Senate EPW Spokesperson Donelle Harder

“Beth Parke has provided SEJ with an incredible level of dedication, service, vision and hard work. Her leadership has led SEJ to become widely admired and its members to become better journalists. I am thankful for all that Beth has done for the SEJ family. And I’m grateful she accepted our job offer almost a quarter century ago.”

Michigan State University Journalism Professor Jim Detjen, SEJ’s founding board president.

 

IN THE NEWS

SEJ Leader to Step Down After 25 Years – The Society of Environmental Journalists (SEJ) Board of Directors last week announced Beth Parke’s intent to step down from her role as executive director by early 2017, marking more than two decades of remarkable service. The organization is now launching a search for a new executive director to lead SEJ in its mission of informing and engaging the public on energy and environmental issues. Parke will continue in her role as executive director through the search and transition process.  As SEJ’s founding executive director, Parke has guided the organization through decades of programs designed to connect, support and educate colleagues and encourage newcomers to the beat.  SEJ’s work gained international recognition as thousands of journalists sharpened their skills, advanced their careers and raised public awareness of some of the world’s most challenging and fascinating environmental issues. Under Parke’s leadership, SEJ has become the world’s leading group of professional journalists, reporters, authors and academics who focus on issues of energy and the environment. On any given day, the journalism delivered by SEJ’s 1,300 members can engage tens of millions around North America and the globe.  Parke has been a creative, entrepreneurial leader and steadfast steward of SEJ’s mission, particularly during a period of significant change for both environmental issues and the media landscape. She drew together and retained a dedicated and talented staff and hundreds of volunteers supporting thousands of journalists, students and educators as environmental news coverage went from niche to essential mainstream.

TSCA Approved – The House quickly approved the reforms for TSCA that were held up in the Senate since last year.  The legislation was debated last week and the House approved the compromise 403-12 Tuesday evening.  The approval sends the Compromise back to Senate before it can go to the White House for the President’s signature.  Late Thursday Sen. Rand Paul delayed final Senate approval until after lawmakers return from a week-long Memorial Day break.

Energy Conferees Appointed – The House moved late last week to name their designees to the joint conference committee charged with marrying two relatively disparate Senate and House energy bills.  House Republicans named 24 conferees: Energy and Commerce Chairman Fred Upton (Mich.), Natural Resources Chairman Rob Bishop (Utah), Science Chairman Lamar Smith (Texas), Agriculture Chairman Mike Conaway (Texas), and Reps. Joe Barton (Texas), Ed Whitfield (Ky.), John Shimkus (Ill.), Bob Latta (Ohio), Cathy McMorris Rodgers (Wash.), Pete Olson (Texas), David McKinley (W.Va.), Mike Pompeo (Kan.), Morgan Griffith (Va.), Bill Johnson (Ohio), Bill Flores (Texas), Markwayne Mullin (Okla.), Don Young (Alaska), Cynthia Lummis (Wyo.), Jeff Denham (Calif.), Bruce Westerman (Ark.), Randy Weber (Texas), Glenn Thompson (Pa.), Cresent Hardy (Nev.) and Lee Zeldin (N.Y.).  House Democrats named 16 conferees: Energy and Commerce ranking member Frank Pallone (N.J.), Natural Resources ranking member Raúl Grijalva (Ariz.), Agriculture ranking member Collin Peterson (Minn.), Science ranking member Eddie Bernice Johnson (Texas), Transportation ranking member Peter DeFazio (Ore.), and Reps. Bobby Rush (Ill.), Lois Capps (Calif.), Doris Matsui (Calif.), Kathy Castor (Fla.), Dave Loebsack (Iowa), John Sarbanes (Md.), Peter Welch (Vt.), Ben Ray Luján (N.M.), Paul Tonko (N.Y.), Jared Huffman (Calif.) and Debbie Dingell (Mich.).

Trump Speech Strike Chord with Both Sides – The North Dakota Energy speech by Republican Presidential hopeful Donald Trump got the conversation going on energy last week.  What it really means who knows.  Both sides reacted with typical platitudes yet enviros were even more condescending than most.   It Is pretty clear though that Trump is likely to be more in line with industry on natural gas drilling and remain skeptical of the Paris climate Agreement and the US’s participation in any international climate agreement.

Cleaning Institute Head to Step Down – Leaving with a clean slate, Ernie Rosenberg, who has led the American Cleaning Institute since 1999, has announced he washing his hands of work and cycling into retirement.  After giving it his all for 16 years, Rosenberg go against tide and the will step down as the association’s President and CEO once a successor has been dialed in, no later than February 2018. The ACI Board of Directors, who is already working on plans to choose Rosenberg’s successor, gave him one final Cheer.

Platts Crude Podcast Looks at Iran Oil Exports – The delicate future of the Iran nuclear deal is the focus of this week’s Platts Capitol Crude podcast. Worries from banks and companies about investing in Iran have put the deal on unstable footing even as Iranian oil exports climb to pre-sanctions levels. While the Obama administration works damage control, The Platts’ team discuss whether the deal be imperiled by November’s US elections and next year’s Iranian presidential election?

 

ON THE SCHEDULE THIS WEEK

RFF to Look at Enviro Public Good – Resources for the Future will hold its June First Wednesday Seminar at 12:45 p.m. to focus on neuroeconomics, which is a new direction for valuing environmental public good.  For more than 60 years, experts at RFF and elsewhere have sought to understand people’s preferences and willingness to pay for environmental public goods in order to improve environmental regulations. One of the newest methods for understanding preferences and environmental valuation is neuroeconomics—the study of how the brain makes economic-related decisions. Experts at this seminar, hosted by RFF with New York University’s Institute for the Interdisciplinary Study of Decision Making, will examine new findings from the institute that bring neuroscience to bear on what was once largely an economics question: How do people value environmental goods? Panelists will discuss how these findings compare with traditional contingent valuation (one of the longest-standing, conventional approaches to environmental valuation) and the implications for public policy. Speakers will include NYU’s Paul Glimcher, Georgetown‘s Arik Levinson, Michael Livermore of the UVa School of Law and NOAA’s Juli Trtanj.

Forum to Look at TX Green Energy – The Bi-National Energy Committee along with the City of San Antonio, CPS Energy, the North American Development Bank (NADB) and other organizations will hold the Bi-National Green Energy Forum on Wednesday in San Antonio, TX.  Focusing on green energy projects: from renewable sources of energy to new technologies for energy efficiencies, the Forum is great opportunity to learn and discuss with experts and successful companies of Mexico and the US about cross-border opportunities in this vibrant growing bi-national market.

CSIS to Host Latin Energy Discussion – The Center for Strategic International Studies hosts a conversation on Thursday with State Department Resources envoy Amos Hochstein and Chevron’s Ali Moshiri, who will discuss the policy and commercial implications of the current oil market environment and the outlook for energy security in Latin America and Africa.

Forbes to Address CEI Annual Dinner – The Competitive Enterprise Institute’s Annual Dinner and Reception will be held Thursday at the JW Marriott Washington.  The event brings together an audience of policy professionals, distinguished scholars, congressional staff, and supporters to celebrate CEI’s effective advocacy for freedom. The theme for this year’s event is “A Night in Casablanca”.  Steve Forbes will be the Keynote Speaker.

 

FUTURE EVENTS

Heritage to Look at Obama War On Fossil Fuels – Next Monday, June 6th at 12:00 p.m., the Heritage Foundation hosts a forum on the Obama Administration’s efforts against fossil fuels. In only a few short years, the U.S. has become the world’s largest producer of oil and natural gas; it has long been the Saudi Arabia of coal. America has more fossil fuels resources than any nation and can produce and utilize those resources with more environmental sensitivity and energy efficiency. Yet, highly politicized climate policies are pushing a grand-scale shift to unreliable, expensive renewable energy sources inherently incapable of replacing the vast energy services fossil fuels provide. Today, ‘fossil fuel’ has become such a dirty word that even fossil fuel companies feel compelled to apologize for their products. In Fueling Freedom, Kathleen Hartnett White and Stephen Moore make an unapologetic case for fossil fuels, turning around progressives’ protestations to prove that if fossil fuel energy is supplanted by ‘green’ alternatives for political reasons, humanity will take a giant step backwards and the planet will be less safe, less clean, and less free.

Energy, Education Forum Set – Next Tuesday, the National Council on Science and the Environment’s (NCSE) Council of Energy Research and Education Leaders (CEREL) will host the 2nd annual National Energy Education Summit at American University. Energy literate leaders in politics, labor, business, and religion must help citizens and the workforce cope with the challenges and embrace the opportunities of change. Despite the needs for energy literacy, very few college and university students in the United States or elsewhere systematically learn about energy as part of their education. New forms of energy education must become a fundamental part of undergraduate education, in the United States and everywhere else in the world.

Forum to Look at Climate, Air Quality Connections – Next Tuesday, the Carnegie Endowment for International Peace hosts a half-day event on the connection between air quality and climate change and how it might be expected to shape the global energy innovation agenda in the years to come. Speakers will include : Deborah Gordon, Judi Greenwald, Daniel Horton, David Livingston, Varun Rai, Seth Shonkoff.

Brookings Forum to Look at Paris Climate Deal – Next Tuesday, June 7th at 4:00 p.m., Brookings will host a panel to assess the challenges as well as the opportunities in implementing the Paris Climate Agreement.  The Paris agreement, recently signed onto by 196 countries, is a milestone in recognizing the threat posed by climate change and securing collective commitment to hold global temperature rise to “well below 2 degrees Celsius.” The task now is to translate this ambitious commitment into a concrete implementation agenda.  This high level panel, which will include eminent climate expert Lord Nicholas Stern, World Bank Managing Director Sri Mulyani Indrawati, and University of Maryland Dean Public Policy and longtime climate advisor Robert Orr, as well as Vice President Kemal Dervis and Senior Fellow Amar Bhattacharya of Global Economy and Development program at Brookings.

WCEE Forum on Future Utility of Future – On Wednesday, June 8th at 12:00 noon in the swanky new office at Bracewell, the Women’s  Council on Energy and the Environment (WCEE) will host a forum on the utility of the future.  Based on data published by EIA, US demand for electricity hit a plateau in 2006 for a variety reasons – the transition of our economy from manufacturing towards services, improvements in energy efficiency, and changing building codes.  There are also growing regional trends to shift towards clean energy, in some cases driven by legislative mandates or the Clean Power Plan, and an increase in the popularity of customer generated electricity.  But, at its simplest, the utility business model, forged at the turn of the 20th century, is based on a perpetual increasing demand for electricity.  The event features DC Public Service Commissioner Joanne Doddy Fort, former Maryland PSC Chair and current Alliance to Save Energy official Kelly Speakes-Backman, Katharine Bond of Dominion Virginia Power and Cheryl Roberto of  Twenty First Century Utilities.

JHU to Look at Living with Lower Oil Prices – Johns Hopkins SAIS, the International Monetary Fund, and the Middle East Institute will host a high level discussion on Wednesday, June 8th at 12:30 p.m. looking at living with cheaper oil and the policy adjustments necessary in Middle Eastern and Central Asian oil exporting countries.  The event features a presentation by Min Zhu, Deputy Managing Director of the International Monetary Fund and Martin Sommer, IMF’s Deputy Chief, Middle East and Central Asia Regional Studies Division.

USEA Forum to Look at Paris, Future of Energy – On Thursday June 9th, US EA will host a forum looking at all sectors of the energy industry and the pressure from a combination of ultra-low prices, dislike of big business, accusations of crony capitalism and, last but not least, what for many are existential threats from environmental concerns.  The speakers, respectively the former Chief Climate Counsel for Sierra Club and Head of Climate Policy at ExxonMobil, talk frankly about what the future holds: what the Paris agreement means (and does not mean) for the energy industry; why the 2016 election may make less difference than many think – or hope – and what the reality of a carbon-constrained policy world means for the fossil and renewable energy industries. Former Sierra Club Counsel David Bookbinder has litigated cases under all of the major environmental statutes as Sierra Club’s Chief Climate Counsel. He then represented environmental groups in both stationary- and mobile-source carbon matters, including California’s greenhouse gas vehicle standards. Bookbinder has helped lead efforts on both global warming legislation and Clean Air Act greenhouse gas regulation, and has testified in front of House and Senate committees on these issues.  David Bailey has 35 years-experience in managing energy related issues around the world and has worked at literally every level of the coal and oil and gas industries, from the UK National Coal Board during the economic and labor upheavals under the Thatcher government to responsibility for ExxonMobil’s climate policy.

Oil, Gas Forum Set – US Energy Stream will hold a Washington Oil & Gas Forum on June 8th and 9th at the Cosmos Club in DC.  More on this as it gets closer, but you can go here: http://www.energystreamcmg.com/

REFF Wall Street Meeting Set for NYC – REFF-Wall Street 2016 will be held on June 11th and 12th at The Grand Hyatt, New York.  REFF-Wall Street is the premier renewable energy financing event in the U.S. The event draws an especially senior audience, comprising of over 600 decision makers, lenders, investors, investment bankers, private equity investors, venture capitalists, and other top transactional professionals in renewable energy finance.

Energy Update: Week of May 23

Friends,

Two races down following Saturday’s muddy Preakness run and unfortunately, I knew the 22¼ first quarter would be a problem for Nyquist.  He fought a good fight but the tactically-brilliant race from Exaggerator and the hard-charge from Cherry Wine won out.  Actually, our crew that attended the race really won the day as we took the track for some nice payouts in the big race with several hitting Trifectas and a couple of our guys hitting the Super by adding Stradivari.  It all made the traffic-laden trek home from much more relaxing.  Belmont in 3 weeks….

While I know it is before Memorial Day, I still broke out the flashy summer styles for Pimlico despite the soggy day, all in preparation for the upcoming Memorial Day weekend, when the Delaware beaches become the summer, de facto home of Washington DC.  But be careful heading out through Annapolis as this week is “Commissioning Week” at the US Naval Academy.  Wednesday features the annual Blue Angels flight show (practice runs tomorrow).  Finally, Memorial Day also means it is time to return to the Brickhouse for 500 miles at the Indianapolis Motor Speedway.  Winner drinks the jug of Milk…and a little champagne.

If you are not “going to down to the shore,” (there’s a link to the 80s classic Bitchin’ Camaro) you could head to New Orleans for WINDPOWER, AWEA’s super-huge wind policy/product conference today through Thursday.  Or you could head to Miami where NEI is hosting its annual conference at the Trump National Doral today through Wednesday.  After meeting in the Donald J. Trump Grand Ballroom do they have to have to give Hillary Clinton an equal name billing somewhere – especially since support for zero emissions baseload nuclear is bipartisan?  It is not all fun and games but the headliner is Peyton Manning, now that he has much more time on his hands along with another Super Bowl ring. Speaking of Trump, he is the other big out-of-town story as he heads to North Dakota to talk energy on Thursday.  I suspect we’ll see more of North Dakota Rep. Kevin Cramer, who really is one of the House’s real energy experts having served with fellow North Dakotan and current FERC Commissioner Tony Clark on the state’s Public Service Commission on the early 2000s.

Slower going on the Hill this week with most of the focus on the TSCA (not the Opera) conference agreement that ill reform the law for the first time in more than 25 years, as well as energy funding bills.  The House Rules Committee is slated to meet tomorrow to report out a rule on the Senate’s energy legislation, the first formal step toward a conference of the two chambers’ energy bills. Tomorrow afternoon, Senate EPW takes on WOTUS and a House Judiciary panel will hear from former Bush OIRA head John Graham.  On Thursday, the House Science Committee will hold a hearing on the impact of the CPP on states, with Oklahoma AG Scott Pruitt testifying, among others.  Also on Thursday, Chamber Energy Institute President Karen Harbert addressed the NatGas Roundtable as well.

Finally, the BIG EVENT TODAY: at 3:00 p.m. West Virginia AG Patrick Morrisey, who has coordinated a coalition of 30 states opposing the rule will speak on the latest twists and turns with the legal case to at a National Press Club Newsmaker on the case with former EPA Air office head Jeff Holmstead and utility analyst Christi Tezak.  E&E News utility reporter Rod Kuckro will moderate.  One the topics on the agenda will be Morrisey’s call to stop spending federal tax dollars to comply with the halted Power Plan.  He and Texas AG Ken Paxton sent a letter to EPA earlier today.  Bloomberg BGov also profiles AG Morrisey today (link will be active sometime today) in its weekly feature, which – ICYMI last week – featured yours truly.

See you at the Press Club and call with questions.

 

Best,

Frank Maisano

(202) 828-5864

(202) 997-5932

 

FRANKLY SPOKEN

“We always believed we were right on the law, that what the administration is doing is grossly illegal and unprecedented. That’s why we think the Supreme Court sided with us, even though what they did was unprecedented in terms of reaching down to a lower court and freezing the regulation.”

West Virginia Attorney General Patrick Morrisey (Bloomberg News)

“The entire point of the Supreme Court’s extraordinary action in putting a stop to the Power Plan was to preserve the status quo pending the outcome of the litigation.  EPA should respect that action by leaving things the way they are until the courts have had their say.”

West Virginia Attorney General Patrick Morrisey to EPA this morning.

 

IN THE NEWS

West Virginia Attorney General Patrick Morrisey today said and Texas Attorney General Ken Paxton recently sent a letter urging the Environmental Protection Agency (EPA) to stop spending federal tax dollars to comply with the halted Power Plan.  The letter responds to a request by 14 state environmental agency officials seeking additional information and technical assistance from the EPA related to the Power Plan.  Attorneys General Morrisey and Paxton ask that EPA decline the invitation to spend federal taxpayer dollars to aid compliance, specifically by discontinuing work on the “Clean Energy Incentive Program” (“CEIP”) and the non-final carbon trading rules.

NERC Report Says Coal to Increase With Trading – A new study from the North American Electric Reliability Corp. says a national allowance trading program under EPA’s Clean Power Plan could lead to more coal consumption and less natural gas use than other implementation strategies.  The report says a trading program would allow states with a heavy reliance on coal to continue running those plants by purchasing allowances from states with renewables and gas that have surpassed their goals. NERC’s study notes that its modeling assumes fully optimized trading, a scenario that isn’t likely to reality. The conclusion echoes the recent findings from West Virginia regulators that trading with states less reliant on coal is the most economically feasible option.  The study, the second of NERC’s three-phase reliability analysis of the CPP, also found that wind and solar will make major gains with or without the rule, that the rule will flatten growth in energy demand, and nuclear retirements will further accelerate gas and renewables growth.

EIA Data Shows Differing CPP Impacts – The Energy Information Administration released initial data related to its 2016 Annual Energy Outlook. The early release focused on two model runs, a reference case assuming implementation of CPP, and a “no CPP” case. The initial reporting on AEO analysis has highlighted that EIA projects that the CPP will have a comparatively modest impact on electricity rates (though this estimate is based on the assumption that states will comply by auctioning credits and then rebating auction revenues to customers). However, EIA is projecting the CPP to have significantly greater economic impacts than projected by EPA and others. For example, EIA is projecting that electricity bills (not just rates) will increase under the CPP, whereas EPA has claimed that bills would go down significantly. EIA also projects that CPP will have a major impact on coal production, reduce GDP by an average of about $60 billion, and result in about 375,000 fewer jobs in 2030 than if the rule weren’t in place.

Chamber Expert Tackles EIA Data – The Chamber Energy Institute’s Steve Eule has a Great blog post on the topic here: The Coal Hard Facts about EPA Regulation Shocking! Electricity Bills Will Rise Under EPA’s Clean Power Plan.

 

ON THE SCHEDULE THIS WEEK

WV AG to Headline Press Club Newsmaker – With the looming Legal arguments In the Clean Power Plan case, the National Press Club’s Newsmakers Committee will host an afternoon forum with West Virginia Attorney General Patrick Morrisey to discuss his role in this hugely-important case.

WCEE to Host Discuss on Electricity Markets – The Women’s Council on Energy and the Environment (WCEE) will hold a discussion today at Noon at FERC with Emma Nicholson, Ph.D., an economist at FERC’s Office of Energy Policy and Innovation. Emma has played a lead role in the Commission’s price formation effort, and is the lead author of the recent FERC technical paper: Operator‐Initiated Commitments in RTO and ISO Markets.

Manning Addresses NEI Assembly – NEI holds its 63rd annual Industry Conference and Supplier Expo today through Thursday at the Trump National Doral.  The Nuclear Energy Assembly is the annual conference of the nuclear technologies industry that brings together industry leaders from all levels. The conference draws hundreds of senior executives and policymakers from around the world.  Just retired Bronco quarterback and Super Bowl Champ Peyton Manning will be the headliner.

Forum to Look at Asia Water Issues – The Stimson Center will hold a forum today at 3:30 p.m. looking at one of the most pressing challenges facing mainland Southeast Asia: water resource management in the context of drought, the impacts of climate change, and continued development of hydropower and rising tensions over water. Stimson’s Southeast Asia Program’s Deputy Director Brian Eyler will share his insights after recently returning from a regional conference on trans-boundary water management in Can Tho, Vietnam and meetings with policy-makers in Hanoi about the rising challenge of resource management in an increasingly unstable climate. Eyler will also share first-hand analysis of the severe drought currently affecting the Mekong Delta. Panelists will discuss how climate change and water management are becoming issues of national security in Vietnam and how the U.S. Rebalance to Asia provides new opportunities for the United States to engage on climate resilience and adaptation.

WINDPOWER Set for New Orleans – AWEA Is hosting its annual WINDPOWER conference in New Orleans this year today through Thursday at the Convention Center.  This year over 400 exhibitors, many of them new firms, will be filling a show floor including GE Renewable Energy, Siemens, Vestas, Goldwind, Gamesa, Nordex and many more. But there will be over 100 smaller firms exhibiting as well. Among the speakers will be our friend Russ Gold of the Wall Street Journal.  Others include keynoter Steve Farber, former LA Senator Mary Landrieu,  Vestas CEO Chris Brown and many more.

Aspen to Look at Carbon Price for North America – The Aspen Institute holds a North American Carbon Price Roundtable Forum tomorrow at 9:00 a.m.  with experts from Canada, Mexico and the United States.

CSIS to Look at China Energy – Tomorrow at 10:00 a.m., the CSIS Energy and National Security Program will host Dr. Kang Wu, Vice Chairman for Asia and Managing Director of FGE China to present a draft of his forthcoming paper, “Energy in China: Market Dynamics and Policy Development,” written for the CSIS Energy Program. Dr. Wu’s report focuses on the political economy of China’s energy sector, examining the impacts of lower economic growth on China’s energy mix and energy supply and demand balance, while also considering the shifts in Chinese energy policy embodied in the country’s 13th Five-Year Plan. Jane Nakano, Senior Fellow with the CSIS Energy and National Security Program will moderate the discussion.

Group to Look at Climate, Equity – The Institute for Policy Studies holds a discussion tomorrow at 12:30 p.m. on how to tackle climate change and equity in a transformative way.  The event will focus on solutions to combat social and economic inequality, as part five of our discussion series exploring the many facets of IPS’s movement-building work.

Brookings Looks at Energy Poverty – The Energy Security and Climate Initiative (ESCI) at Brookings will host a debate tomorrow at 2:00 p.m. at JHU’s Nitze Building looking at solutions to increase energy access.  The forum will feature a discussion between Daniel Kammen, Class of 1935 distinguished professor of energy at the University of California, Berkeley, and Ted Nordhaus, co-founder and research director of the Breakthrough Institute. Our friend and ClimateWire Editor Lisa Friedman will moderate the discussion and audience Q&A.

USEA Forum to Look at Gas Exports – The US Energy Assn will hold a forum tomorrow at 2:00 p.m. to look at natgas export issues. US LNG exports are coming on to the global gas market at a time of a glut of supply, both pipeline and LNG, and low gas prices.  The outlook for demand – outside the US – is mostly pessimistic as well, suggesting the glut of supply could last for many years. Europe is seen as a key battleground for LNG against Russian pipeline gas but post 2020 China will come into that category as well.  What are the real prospects for US LNG exports with this background; could Russia engage in a price war in Europe, will there be any more FIDs on large scale LNG export projects before 2020, and what does all them imply for gas prices? Nexant Global Gas Principal Mike Fulwood will discuss.

Senate Enviro Panel Tackles WOTUS – The Senate Environment Fisheries, Water and Wildlife Subcommittee hold a hearing tomorrow at 2:30 p.m. focused on the WOTUS implementation.  Witnesses will include Farm Bureau Reg Director Don Parrish, Damien Schiff of the Pacific Legal Foundation, National Association of Homebuilders rep Valerie Wilkinson of EGS Companies, Georgetown prof William Buzbee and Scott Kovarovics of the Izaak Walton League.

Former OIRA Head Graham to Visit House Judiciary Reg Panel – Tomorrow at 3:00 p.m., a House Judiciary panel will host John Graham, the former head of the Office of Information and Regulatory Affairs under President George W. Bush for a hearing on federal rules.  Graham, who is now dean of the Indiana University School of Public and Environmental Affairs, will testify to the House Judiciary Committee’s task force on executive overreach.  Others testifying include Sofie Miller, senior policy analyst at the George Washington University Regulatory Studies Center; Amit Narang, regulatory policy advocate at Public Citizen; and Gail Heriot, professor at the University of San Diego School of Law.

Cal Experts to Discuss Energy Research – University of California experts will hold a briefing tomorrow in 421 Cannon at 2:30 p.m. on current research, operations and tech startup stewardship that make UC a living laboratory for clean energy solutions.  UC has helped lead California to remarkable progress in clean energy development and dramatic reductions in air pollution.  UC continues to drive clean energy progress in California and beyond by setting ambitious goals to improve our own environmental sustainability and clean energy future – and offering our solutions and lessons learned to others.  Faculty and staff from UC Davis, UC Irvine, the UC Office of the President and the UC-managed Lawrence Berkeley National Laboratory will discuss how the University leverages its clean energy research, technical expertise and investments to improve UC’s operational performance and expand technology development into new business opportunities and jobs.

Forum to Discuss Energy Data, Metrics – The DC Sustainable Energy Utility and the Smarter DC Challenge will hold an informational forum on Wednesday morning at Clydes looking at how to collect building data, analyze it, and make proactive decisions that save money and streamline building operations.  Speakers include experts in the field, including GSA Green Building director Kevin Kampschroer and several others.

NAS Workshop to Look at Flowback Water Innovation – The National Academy of Sciences holds a workshop on Wednesday and Thursday looking at unconventional hydrocarbon development and the use of flowback and produced waters.  The workshop will look at the opportunities and challenges for innovation.

Atlantic Council Forum Looks at Sustainability – On Wednesday at 9:00 a.m., the Atlantic Council hosts a discussion with Dr. Michael Ben-Eli, founder of The Sustainability Laboratory and author of the widely acclaimed “Sustainability: The Five Core Principles: A New Framework.” Pressure is rapidly mounting to transition towards a cleaner global energy system. Achieving the necessary structural changes will require wide-reaching innovation and creative leadership. Dr. Ben-Eli will share with us five basic tenants of sustainability that can help speed and smooth the transition to cleaner fuels and more renewable energy.

USEA to Feature NatGas Technology Discussion – On Wednesday at 10:00 a.m., the U.S. Energy Association will host Bill Brown of NET Power to discuss an emissions-free natural gas power system that will allow the world to meet 100% of its climate targets without having to pay more for electricity.  NET Power uses the Allam Cycle, an oxy-fuel supercritical CO2 power cycle, to produce electricity from natural gas for the same cost as conventional power plants, but without producing any air emissions.  The system’s only byproducts are liquid water and pipeline-ready CO2. The technology will be the low-cost, reliable, flexible cornerstone of a clean energy future. The company is owned by Exelon, CB&I and 8 Rivers Capital.  Together with Toshiba, NET Power and its investors are building a 50MW demonstration plant in Texas that is currently under construction.

Forum to Look at Sustainability – On Wednesday at 10:00 a.m., the Atlantic Council hold a discussion with Dr. Michael Ben-Eli, founder of The Sustainability Laboratory and author of the widely acclaimed “Sustainability: The Five Core Principles: A New Framework.” Pressure is rapidly mounting to transition towards a cleaner global energy system. Achieving the necessary structural changes will require wide-reaching innovation and creative leadership. Dr. Ben-Eli will share with us five basic tenants of sustainability that can help speed and smooth the transition to cleaner fuels and more renewable energy.

Heritage to Host Author Talk on Rockefellers, Oil Empire – On Wednesday at noon, the Heritage Foundation holds a discussion with author Peter Doran, who will discuss the oil rivalries of the late 19th century.  Marcus Samuel, Jr., is an unorthodox Jewish merchant trader. Henri Deterding is a take-no-prisoners oilman. In 1889, John D. Rockefeller is at the peak of his power. Having annihilated all competition and possessing near-total domination of the market, even the U.S. government is wary of challenging the great “anaconda” of Standard Oil. The Standard never loses – that is until Samuel and Deterding team up to form Royal Dutch Shell.  At the beginning of the 20th Century vast fortunes were made and lost. Breaking Rockefeller traces Samuel’s rise from outsider to the heights of the British aristocracy, Deterding’s conquest of America, and the collapse of Rockefeller’s monopoly. From the rough and tumble of East London’s streets, the twilight turmoil of czarist Russia, the halls of the British Parliament, to down Broadway in New York City, Doran offers a detailed perspective on how the world’s richest man was beaten at his own game.

House Science Hosts Ark AG Pruitt – On Thursday the House Science Committee will hold a hearing on the impact of the CPP on states, with Oklahoma AG Scott Pruitt testifying, among others.  Former DOE Fossil Office Head Chuck McConnell, now at Rice University, will also testify.

Chamber Energy Exec to Address NatGas Roundtable – On Thursday at Noon, the Natural Gas Roundtable is hosting Karen Harbert, President and CEO of the U.S. Chamber of Commerce’s Institute for 21st Century Energy, as its next luncheon speaker.  Harbert leads the Institute’s efforts to build support for meaningful energy action nationally and internationally through policy development, education, and advocacy. Under Harbert’s leadership, the Energy Institute has evolved into a premier national and international organization dedicated to advancing a constructive energy agenda with the business community, policymakers, and consumers. Harbert frequently testifies in front of Congress and provides analysis to the media, policymakers, and industry leaders.

BPC Event to Focus on Ag Sustainability – On Thursday at 10:00 a.m., the Bipartisan Policy Center’s CEO Council on Sustainability and Innovation will share case studies that illustrate sustainable best practices. The council will also unveil a call to action encouraging others along the supply chain to join the journey to a sustainable future.  Speakers at the forum will include Kellogg CEO John Bryant, DuPont EVP James Collins, Hormel Foods CEO Jeff Ettinger, Land O’Lakes CEO Chris Policinski.  The event will be moderated by former U.S. Secretary of Agriculture Dan Glickman.

 

FUTURE EVENTS

RFF to Look at Enviro Public Good – Resources for the Future will hold its June First Wednesday Seminar on June 1st at 12:45 p.m. to focus on neuroeconomics, which is a new direction for valuing environmental public good.  For more than 60 years, experts at RFF and elsewhere have sought to understand people’s preferences and willingness to pay for environmental public goods in order to improve environmental regulations. One of the newest methods for understanding preferences and environmental valuation is neuroeconomics—the study of how the brain makes economic-related decisions. Experts at this seminar, hosted by RFF with New York University’s Institute for the Interdisciplinary Study of Decision Making, will examine new findings from the institute that bring neuroscience to bear on what was once largely an economics question: How do people value environmental goods? Panelists will discuss how these findings compare with traditional contingent valuation (one of the longest-standing, conventional approaches to environmental valuation) and the implications for public policy. Speakers will include NYU’s Paul Glimcher, Georgetown‘s Arik Levinson, Michael Livermore of the UVa School of Law and NOAA’s Juli Trtanj.

CSIS to Host Latin Energy Discussion – The Center for Strategic International Studies hosts a conversation on Wednesday June 2nd with State Department Resources envoy Amos Hochstein and Chevron’s Ali Moshiri, who will discuss the policy and commercial implications of the current oil market environment and the outlook for energy security in Latin America and Africa.

Forum to Look at TX Green Energy – The Bi-National Energy Committee along with the City of San Antonio, CPS Energy, the North American Development Bank (NADB) and other organizations will hold the Bi-National Green Energy Forum on June 2nd in San Antonio, TX.  Focusing on green energy projects: from renewable sources of energy to new technologies for energy efficiencies, the Forum is great opportunity to learn and discuss with experts and successful companies of Mexico and the US about cross-border opportunities in this vibrant growing bi-national market.

USEA Forum to Look at Paris, Future of Energy – On Thursday June 9th, US EA will host former Sierra Club Counsel David Bookbinder to discuss Paris, the Presidential election and the future of energy.  As an environmental policy lawyer, Bookbinder has litigated cases under all of the major environmental statutes as Sierra Club’s Chief Climate Counsel. He then represented environmental groups in both stationary- and mobile-source carbon matters, including California’s greenhouse gas vehicle standards. Bookbinder has helped lead efforts on both global warming legislation and Clean Air Act greenhouse gas regulation, and has testified in front of House and Senate committees on these issues. In pursuing his goal of practical, cost-effective carbon solutions Bookbinder has frequently told environmental groups, members of Congress, and federal and state agencies things they did not want to hear.  In this briefing, Bookbinder will address the current complexities of carbon policy based upon his extensive experience in environmental law.

Oil, Gas Forum Set – US Energy Stream will hold a Washington Oil & Gas Forum on June 8th and 9th at the Cosmos Club in DC.  More on this as it gets closer, but you can go here: http://www.energystreamcmg.com/

RFF Wall Street Meeting Set for NYC – REFF-Wall Street 2016 will be held on June 11th and 12th at The Grand Hyatt, New York.  REFF-Wall Street is the premier renewable energy financing event in the U.S. The event draws an especially senior audience, comprising of over 600 decision makers, lenders, investors, investment bankers, private equity investors, venture capitalists, and other top transactional professionals in renewable energy finance.