Energy Update: Week of June 25

Friends,

It has been a great FIFA World Cup so far. Last week, there was some really great games and some big surprises, including Poland out, Argentina on the brink of elimination and Germany barely surviving with a super late goal to sneak past Sweden.  More action this week, including Uruguay-Russia today, a huge games in Groups D (Nigeria/Argentina & Croatia/Iceland) tomorrow, an important Brazil-Serbia game on Wednesday and a heavyweight bout on Thursday featuring both undefeated  Belgium and England.

This week should be pretty busy as we run up to the July 4th holiday.  We may see the RFS RVOs today and there are several key nominees hitting Capitol Hill tomorrow including Daniel Simmons to head DOE’s EERE office.  The Senate also expects to vote later today on the FY19 energy-water development legislation and there will be an interesting oil/gas hearing at House Energy tomorrow featuring Dan Yergin, Harold Hamm and Sempra’s Dennis Arriola.

Energy Secretary Rick Perry is slated to meet tomorrow with Russian Energy Minister Alexander Novak, just days after Russia joined with OPEC to raise oil exports and he also meets with the Israeli Energy Minister today at an event sponsored by the Chamber’s U.S.-Israel Business Initiative.  He also headlines at the World Gas conference today and Thursday which Is at the Washington Convention Center all week.  Other keynoters include Interior Secretary Ryan Zinke, Sens. Bill Cassidy, Lisa Murkowski and Joe Manchin, AGA’s Dave McCurdy, Exxon CEO Darren Woods, Dan Yergin, Canada Energy Minister Jim Carr, Cheniere CEO Jack Fusco and our friend Frank Fannon at State.  There are a bunch of WGC events, including the Chamber hosting Algeria’s Energy Minister tomorrow at 11:00 a.m. See the full schedule here.

My biggest event his week is the Wednesday National Press Club event that features Delta CEO Ed Bastian on Thursday when he discusses the future of airline travel, and many other issues.  You should definitely try to attend.

Forgot to mention this last week in the out of town activities, But the Aspen Ideas Forum launched last Thursday.  Most of the energy action is this week though when panels look at AVs and hurricane response with FEMA’s Brock Long (hosted by our friend Andy Revkin) today; a natural disaster rebuilding panel focused with SoCo’s Chris Womack, our friend Jeff Goodell and PR Gov. Rossello and a cybersecurity discussion with Ash carter and SoCo’s Tom Fanning; a Wednesday panel on cities and technology with Audi President Scott Keough and the signature conversation event featuring former Sect Of State John Kerry; a Trade conversation with Trade Rep Bob Lighthizer on Thursday and a Friday afternoon panel with former EPA head Lisa Jackson on the Clean Energy revolution.   See the full agenda here.

Finally, drawing your attention to two multi-association letters that will be released today urging support for DOE’s Daniel Simmons to head EERE and Jeff Clark to be assistant AG in DOJ’s Environmental Division.  I will forward later today when they are finalized.

I suspect that we won’t have an update next week with July 4th, but will urge you to attend the Wednesday July 4th concert on the National Mall.  It is one of the special events that you have to attend in your lifetime.  We will report though as necessary.

Call with questions and see you at the Press Club on Wednesday for Delta CEO Ed Bastian…Best,

 

Frank Maisano

(202) 828-5864

c. (202) 997-5932

FRANKLY SPOKEN

 

“Because of the technological prowess of American manufacturers, U.S. businesses stand to gain from this deal – ratification will open new markets at a time when demand for refrigeration, heating, and air-condition equipment is projected to grow.”

A letter from conservative tax group leaders of Americans for Tax Reform, FreedomWorks and the American Council for Capital Formation on moving the Kigali amendment forward in the Senate. 

 

ON THE POD

Bracewell Reloads Lobby Shop Podcast  – The latest episode of the Bracewell Lobby Shop is now live on Stitcher, iTunes, SoundCloud, and Google Play Music.  We’re debuting a new format this week.  We’ll cover the latest DC news from three angles: diving into legislation and policy, understanding their context and politics, and the success/failure of the involved parties’ communications tactics. Our featured guest interview this week is with PRG’s departing intern, Taryn Taylor Brown.

FUN OPINIONS

Regs Take a Hit in SCOTUS – Adam White, research fellow at the Hoover Institution and director of the C. Boyden Gray Center for the Study of the Administrative State at George Mason University’s Antonin Scalia Law School, recently wrote in the Wall Street Journal’s opinion section that regulatory state had a bad Day in court last week.  White argued that while Conservatives long have questioned the administrative state, this past week Justices Elena Kagan and Anthony Kennedy each produced an opinion questioning longstanding features of the modern administrative state. Both opinions should encourage further reform and modernization of administrative law. Justice Kagan’s majority opinion in Lucia v. SEC raised concerns about administrative law judges, while Justice Kennedy joined an 8-1 ruling in Pereira v. Sessions but in a lone concurrence, he voiced doubts about “ Chevron deference,” the 1984 doctrine of judicial deference to agencies’ statutory interpretations.

IN THE NEWS

Conservative Tax Groups Urge President to Support HFC Reduction Effort – Last week, 13 Republican Senators urged the White House to send them the Kigali amendment to the Montreal Protocol while 34 HVACR Industry CEOs made the same request. Now, leaders of three conservative tax groups – Americans for Tax Reform, FreedomWorks and the American Council for Capital Formation – are urging the President to submit the Amendment to the Senate for ratification on economic and global competitive grounds.  According to a study conducted by JMS Consulting and Inforum, ratifying the Kigali amendment will grow the U.S. share for these products by 25%. Failing to ratify the Kigali amendment will see American market share decline by 14%.  The letter adds that “ratifying the Kigali amendment will increase economic output by $12.5 billion, leading to 33,000 more manufacturing jobs over the next decade and 117,000 indirect jobs in manufacturing dependent industries. The amendment also has broad support in the U.S. business and manufacturing community.  Finally, the groups detail the risk for US manufacturers if we don’t ratify the policy saying the agreement currently has enough support amongst other nations to go into effect on January 1, 2019. However, if the U.S. fails to ratify the agreement, American manufacturers will be restricted in their ability to sell into foreign markets at the cost of jobs and wealth.

ClearPath: Clean Energy Meetings Highlight US, Canada, Japan Alliance – The recent 9th annual Clean Energy Ministerial, a multilateral meeting in Copenhagen of high-level energy officials spanning the globe, launched two significant efforts to better recognize carbon capture and advanced nuclear as clean energy tools. ClearPath’s policy triumvirate – Jeremy Harrell, Spencer Nelson and Justin Ong – were there and in a new blog map out why the efforts led by the U.S., Canada, Japan and others shouldn’t be overlooked. But despite a good conversation, less than 10 of the 120 events at last month’s Nordic Clean Energy Week (of which the ministerial was showcased) were focused on either nuclear or carbon capture. As these technologies will be a significant part of the future of the low-carbon energy mix, the ClearPath policy trio note there is still much work to do to elevate those issues on the global stage, including at next year’s ministerial hosted by Canada.

IRS Sets Beginning of Construction for Tax Credit – In a huge victory for solar developers, the Internal Revue Service (IRS) has established two new tests to guide taxpayers on solar energy property construction requirements for claiming a renewable energy tax incentive. Taxpayers may establish the beginning of construction either by through a “physical work test”—starting physical work of “a significant nature”—or by meeting a safe harbor based on having paid 5% or more of the total cost of the energy property.  Solar Energy Industries Association CEO Abigail Ross Hopper said “the IRS has taken an important step forward with this guidance and provided certainty that will help solar project sponsors finance and build more solar. Our members have been working hard to secure financing for projects and keep them on track to meet critical development and construction milestones.”

Senate Approves Advanced Nuclear Fuel Spending – The Senate approved an amendment to a FY19 spending bill from Sen. Mike Crapo (R-Idaho) granting $15 million for a demonstration project to ensure domestic supply of high assay low enriched uranium (HA-LEU), which will fuel many advanced nuclear reactors. There is a looming shortage in the domestic supply of HA-LEU, which is commercially produced in countries such as France, Russia and China, but not in the U.S. Former NRC Commissioner Jeffrey Merrifield and Pillsbury Law Firm Senior Associate Anne Leidich laid out 10 recommendations for lawmakers, policymakers and NRC to step up to this supply challenge in a recent white paper sponsored by ClearPath and the U.S. Nuclear Infrastructure Council. A final Senate vote on their broader FY19 energy spending bill is scheduled for today.

DOE Grants $64M for Advanced Nuclear – The Department of Energy will award nearly $64 million in advanced nuclear awards to national labs, industry and 39 U.S. universities in 29 states. The 89 awards are allocated under the Nuclear Energy University Program ($47 million), Nuclear Energy Enabling Technologies program ($5 million) and the Nuclear Science User Facilities program ($6.6 million).

Oil Companies Help to Drive Offshore Wind –As states seek to rapidly escalate offshore wind, our Friend Elizabeth McGowan reports that there has been a ripple effect for logistics companies that are more accustomed to serving the oil and gas industry.  Our former Atlantic Wind Connection colleague, now at the University of Delaware, Stephanie McClellan has spent the last four years at guiding offshore wind from pie-in-the-sky blueprints to steel-in-the-water infrastructure that can deliver 8,000 megawatts of power to the Northeast by 2030.  McClellan says a linchpin to success has been developing buy-in from businesses 1,500 miles away in the Gulf Coast, where entrepreneurs are reshaping their expertise to meet the siting, construction, installation, and maintenance needs of a nascent, but promising, offshore wind industry.  One example of that union is the collaboration of Houston-based Zentech with Renewable Resources International in Virginia. Engineers have designed a marine vessel versatile enough to be used to install wind turbines and also decommission oil and gas rigs. Delivery of the modified ship is scheduled next year.

ON THE SCHEDULE THIS WEEK

World Gas Conference Features Perry, Industry Leaders – The International Gas Union (IGU) hosts the 27th World Gas Conference (WGC 2018) in Washington DC from June this week.  The triennial event aims to raise the voice of natural gas while offering timely updates on strategic, commercial and technical issues facing the entire gas value chain and offers the most comprehensive and diverse program to date for the natural gas industry. For the first time ever this includes topics for professionals working in sectors including finance, trading, law, sustainability/renewables, policy/government.

Wehrum, McCabe Speak to Air/Waster Conference – The Air & Waste Management Association holds its annual conference in Hartford, Conn today through Thursday.  The event will feature a keynote address by EPA air chief Bill Wehrum and Janet McCabe, who served at the agency during the Obama administration.

Fanning, Audi CEO Address Aspen Ideas Festival – The 2018 Aspen Ideas Festival continues this week after starting last Thursday and will turn its focus to energy.  Aspen is the nation’s premier, public gathering place for leaders from around the globe and across many disciplines to engage in deep and inquisitive discussion of the ideas and issues that shape our lives and challenge our times.   Panels include an AV panel and a hurricane response panel with FEMA’s Brock Long (hosted by our friend Andy Revkin) today; a natural disaster rebuilding panel focused with SoCo’s Chris Womack, our friend Jeff Goodell and PR Gov Rossello and a cybersecurity discussion with Ash carter and SoCo’s Tom Fanning; a Wednesday panel on cities and technology with Audi President Scott Keough and the signature conversation event featuring former Sect Of State John Kerry; a Trade conversation with Trade Rep Bob Lighthizer on Thursday and a Friday afternoon panel with former EPA head Lisa Jackson on the Clean Energy revolution.   See the full agenda here.

Forum to Talk Eastern Europe Energy – The Atlantic Council Global Energy Center and the Hungarian Presidency of the Visegrád Group holds its “Towards 21st Century Energy Systems in Central & Eastern Europe” conference today.  The event will feature discussion and debate on the strategic and policy implications of the Trump Administration’s energy agenda and its impact on the transatlantic relationship, with special attention paid to the Central and Eastern European region.  The expert panels will discuss the impact of the US’ energy agenda on Central and Eastern Europe and innovation in Central and Eastern European energy systems.

Brookings Talking Global Markets With Experts – The Cross-Brookings Initiative on Energy & Climate will host Fatih Birol in a discussion today facilitated by Initiative Co-Chair David G. Victor. Both renowned energy experts, they will discuss the latest updates in global energy, including recent evolutions in global markets and prices, and the intersections of climate change and energy policy.  Fatih Birol is executive director of the International Energy Agency (IEA), and has been named by Forbes Magazine as one of the most influential people in world energy, and “Energy personality of the year” in 2017 by the Financial Times. He is also chair of the World Economic Forum’s (Davos) Energy Advisory Board and serves on the U.N. Secretary-General’s Advisory Board on Sustainable Energy for All.  After the session, panelists will take audience questions.

ACEEE Forum Set – Tomorrow at the National Press Club, the American Council for and Energy Efficient Economy (ACEEE) will convene a one-day symposium to highlight international energy efficiency best practices, with a particular focus on opportunities for improvement in the United States. Our research has shown that energy efficiency can be a low-cost, powerful tool for countries to meet their energy and environmental goals and to sustainably increase shared prosperity. At this event, ACEEE will release its biennial International Scorecard, which examines the energy efficiency policies and performance of the world’s 25 largest energy-consuming countries. The scorecard evaluates countries based on 35 metrics and shows how all can substantially improve their energy efficiency. The symposium will feature four panels that will explore: (1) scorecard findings, (2) lessons learned from high-performing countries, (3) opportunities for the United States, and (4) notable efforts and opportunities for global companies.

CSIS Hosts Climate Investments Head – Tomorrow at 9:00 a.m., the CSIS Energy & National Security Program will host Pratima Rangarajan, CEO of Oil and Gas Climate Initiative (OGCI) Climate Investments, for a conversation on OGCI Climate Investments within the context of the OGCI, why the fund was founded last year, and how and why Climate Investments differentiates itself from other funds. OGCI Climate Investments intends to invest $1 billion over the next ten years to develop and demonstrate innovative technologies which could significantly curb global greenhouse gas emissions.

Senate Energy Hosts DOE Nominees – The Senate Energy and Natural Resources Committee holds a hearing tomorrow at 10:00 a.m. on pending DOE nominations, including Daniel Simmons to head the Renewable Energy office; Karen Evans to be an assistant secretary of Energy for Cybersecurity, Energy Security and Emergency Response; Teri Donaldson to be Energy General Counsel and Dr. Chris Fall to head the DOE Science office.

House Resources Panel to Look at Offshore Wind – The House Natural Resources panel on Energy will hold a legislative hearing on three bipartisan offshore wind energy proposals tomorrow at 10:00 a.m.  The hearing will cover H.R. 5291, would create a new federal grant program to educate and train offshore wind workers as they transition from other industries. It would give priority to community colleges and organizations that aid minority populations.  The second bill would require the federal government to devise a schedule and plan for offshore leases, while the third bill would amend the Outer Continental Shelf Lands Act to apply to U.S. territories such as Guam.  BOEM’s James Bennett and NOIA’s Randall Luthi testify.

Opponents of Gas Compressor Hold Event – Opponents of a gas compressor station in Maryland will hold an event at George Washington’s Mount Vernon tomorrow at noon to outline a new campaign to oppose the construction.  I doubt Dominion will take the opposition sitting down given this has been underway for more than two years and there has been no opposition until now.

House Energy Panel Looks at Oil, Gas Geopolitics – The House Energy and Commerce Energy Subcommittee holds a hearing tomorrow at 1:00 p.m. on the shifting geopolitics of oil and gas.  Witnesses include Daniel Yergin, Harold Hamm and Sempra’s Dennis Arriola.

House Oversight Panel Looks at Forest Service Roads – The House Oversight and Government Reform Interior, Energy and Environment Subcommittee holds a hearing tomorrow at 2:00 p.m. on access to public lands and the effects of forest service road closures.

Indonesian Energy Minster to Address CSIS – The CSIS Southeast Asia Program and CSIS-Pertamina Banyan Tree Leadership Forum will host a forum tomorrow at 2:00 p.m. featuring Ignasius Jonan, Minister for Energy and Mineral Resources of the Republic of Indonesia. Minister Jonan’s speech will be preceded by opening remarks from Ms. Nicke Widyawati, acting Chief Executive Officer of PT Pertamina.  Jonan spoke to the US Chamber of Commerce today at WGC.

Forum to Look at Iran Enviro Challenges – The Atlantic Council Global Energy Center holds a discussion tomorrow at 3:00 p.m. on Iran’s Environmental Challenges.  Environmental degradation has become a major issue in Iran and is a source of economic hardship, ill health, social disruption and recent political protests. The Atlantic Council’s Future of Iran Initiative will launch a new paper, Environmental and Wildlife Degradation in Iran, by David Laylin, an ecologist with extensive personal ties and experience in rural Iran.

Hydro Conference SetHydroVision International will be held in Charlotte, NC tomorrow through Thursday at the Charlotte Convention Center.  HydroVision is the largest gathering of hydro professionals worldwide. The event highlights perspectives on the role of hydropower, explores issues affecting hydro resources, and helps participants develop a vision to meet challenges and ensure the future sustainability of hydro.

FERC Holds Grid Conference – The Federal Energy Regulatory Commission holds technical conference tomorrow through Thursday on boosting grid resilience through improved software.

PLAYBOOK Breakfast to Feature McConnell – POLITICO Playbook holds a Breakfast interview with Senate Majority Leader Mitch McConnell on Wednesday morning at 8:00 a.m. at Ajax.  POLITICO Playbook Co-Authors Anna Palmer and Jake Sherman hold the in-depth conversation to provide intelligence and insight on the Republican congressional agenda, along with policy, politics and news of the day.

Hearing to Look at Re-Org Plan – The House Oversight Committee holds a hearing at 10:00 a.m. on Wednesday examining the Administration’s Government-wide Reorganization Plan.

Forum to Look at National Lab Ideas – The Information Technology and Innovation Foundation holds a forum on Wednesday at noon in 2325 Rayburn to look at new ideas for strengthening partnerships at DOE’s National Labs.  Two promising ideas for providing such connections are the proposed Impact for Energy Foundation and the pilot small business voucher program. The former would make it easier for companies and philanthropists to work collaboratively with intramural teams at DOE labs. The latter provides small businesses that need sophisticated insights with no-cost access to lab experts who can accelerate their innovations.  Speakers will include Reps. Randy Hultgren and Ben Ray Luján, as well as Rita Baranwal, Director of (GAIN) Gateway for Accelerated Innovation in Nuclear at the Idaho National Laboratory.

Forum to Look at Russian NatGas Issues – The American Foreign Policy Council discussion on Wednesday at Noon in 902 Hart on Russian Revanchism and Nord Stream II pipeline Project.  The event features a discussion with the heads of parliaments of Ukraine, Georgia, Moldova, and Lithuania. Representing countries that are in the zone of direct military threat from revanchist Russia, the speakers will discuss the complex security situation in Central and Eastern Europe as a result of the Russian Federation’s long-term aggressive policies.

Senate Hearing to Look at Infrastructure Permitting – The Senate Homeland and Governmental Affairs Committee holds a hearing Wednesday at 2:30 p.m. to look at ways of streamlining the permitting process for large infrastructure projects.  Witnesses will include CEQ’s Alex Herrgott, former Senate Energy Chair Mary Landrieu, acting executive director of the Federal Permitting Improvement Steering Council Angela Colamaria, Joseph Johnson of the U.S. Chamber of Commerce; Christy Goldfuss of the Center for American Progress, North America’s Building Trades Unions head Sean McGarvey and Jolene Thompson, executive vice president of member services and external affairs at American Municipal Power.

Forum to Look at Energy Policy In Brazil – On Thursday at 9:00 a.m., the Inter-American Dialogue will hold a forum to look at energy policy in Brazil.  The event features a panel discussion on the recent oil licensing rounds, opportunities for private investment in the oil, gas and power sectors, and the outlook for energy policy next year.

Forum to Look at Fossil Fuels in Sustain Energy Future – The U.S. Energy Association holds a forum on Thursday at 10:00 a.m. to look access to affordable, reliable, sustainable, and modern energy services while reducing greenhouse gas emissions and the carbon footprint of the energy sector.  This briefing seeks to discuss the following within the context of the 2030 Agenda including recommendations on Carbon Capture Use and Storage; financing investment in fossil energy; transformation of the Energy System, among other things.  The speaker will be Scott Foster, the Director of the Sustainable Energy Division with the United Nations Economic Commission for Europe.

Chatterjee Headlines Grid Forum – Icons of Infrastructure hold a forum at the National Press Club on June 28th afternoon looking at the transformation of the energy grid.  The forum will look at how needed research and development efforts gets funded and what are the stakes for consumers, the energy sector and policymakers.  In one packed day of headline speakers, panel debates, creative networking opportunities, open discussions, and an in-depth analysis, you’ll learn about exciting developments in domestic energy markets, and hear insider perspective on the challenges we face.  Speakers include FERC Commissioner Neil Chatterjee, NREL’s Peter Green, DOE’s Eric Lightner and many more.

Forum to Look at Climate Risk – At the June Adaptation Community Meeting, the US Agency for International Development (USAID), the World Bank, the International Finance Corporation, and the Inter-American Development Bank will come together on Thursday at 4:00 p.m. At the World Bank to discuss each organization’s current and emerging approaches to climate risk management. The discussion will highlight each organization’s approach, initiatives to track and assess the effectiveness of climate risk management, lessons learned, and ideas for the future.

Mulvaney Headlines Annual CEI Dinner – On Thursday June 28th, the Competitive Enterprise Institute holds its annual dinner and reception at the Marriott Marquis.  National Review’s Jonah Goldberg will be master of ceremonies and keynoter is OMB chief Mick Mulvaney.

Wilson Forum to Look at Arctic – The Wilson Center holds forum on Friday focused on how the National Guard is contributing to the advancement of Arctic and cold weather capabilities within U.S. defense institutions. Senior leaders representing the National Guard Arctic Interest Council will discuss how the National Guard is contributing to the advancement of Arctic and cold weather capabilities within U.S. defense institutions.

IN THE FUTURE

 

JULY 4th HOLIDAY

Event to Honor Tesla Birthday – On Friday evening July 6th, the International Club of DC and the Embassy of Croatia host a dinner reception and delightful evening of Croatian culture, music, wine, and cuisine on the occasion of the 162nd anniversary of the birth of Croatian-born scientist Nikola Tesla. During the event, Tesla will have a Model S and Model X on display. Tesla product experts will be on hand to answer questions and show you how electric vehicles can fit seamlessly into your lifestyle. Test rides will be offered on a first come, first serve basis.

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.

BPC Forum to Examine Oil, Gas Issues – On Thursday July 12th at 10:30 a.m., the Bipartisan Policy Center (BPC) convenes a panel of experts to examine the current state of the Environmental Social Governance (ESG) movement in the oil and gas sector and explore what’s coming next. This movement continues to gain traction in a time when the regulatory agenda has changed significantly under the Trump Administration. ESG is particularly significant for the energy sector, specifically as shareholder resolutions surrounding climate change continue to take center stage in the media and in the boardroom.

Duke CEO, CARB Chair, Others Headline POLITICO Summit – POLITICO is hosting its second Pro Summit on July 17th at the Renaissance Hotel. The Pro Summit brings together Pro subscribers, expert reporters, key decision-makers, and others who are shaping the policy landscape for a full day of incisive conversations. Summit speakers include Rep. Joe Crowley, Duke CEO Lynn Good, FERC Chair Kevin McIntyre, Amy Myers Jaffe of the Council on Foreign Relations, Coal CEO Bob Murray, California Air Resources Board Chair Mary Nichols and many others.  Duke Energy is the main event sponsor.

Grid Forum Set for Iowa – The TransGrid-X 2030 Symposium will be held on July 26th in Ames, Iowa. The event will showcase the long-awaited NREL Seam Study—a concept featuring bi-directional high-voltage transmission; 600 GW of wind, solar and gas-fired generation; and a trillion-dollar economic event, if fully built.  Our friends Rob Gramlich and former FERC Chair Jim Hoecker will be among the speakers.

EPRI Hosts Electrification Conference – The Electric Power Research Institute (EPRI) hosts the inaugural Electrification 2018 International Conference and Exposition on August 20th to 23rd in Long Beach CA. Hosted by the and sponsored by more than 20 major utilities and organizations, this annual conference will bring together utility leaders, regulators, researchers, academia, vendors, economic development groups, and energy users from diverse manufacturing, transportation, industrial, and agriculture sectors around the globe.  SoCo CEO Tom Fanning is among the many speakers.

Energy Update: Week of June 18

Friends,

The winner of the 2018 US Open for golf this year was Shinnecock Hills.  Yes, Brooks Koepka took home the trophy for the second straight year – which is amazing and rare – but the course really was the overall winner, proving tougher than even many of the greatest players in the world could even imagine.  This was exemplified by the controversy when Phil Mickelson struck his own still moving ball on the 13th green on Saturday.  The crazy things a tough course does to these guys.

And talking about crazy.  How about Argentina/Iceland playing to a 1-1 tie?   And forget about natgas drilling or global warming, apparently, a World Cup victory over Germany can cause an earthquake in Mexico. Colombia/Japan kick off tomorrow’s FIFA World Cup action as Group Play continues.  See the full schedule here.

Trade talk is buzzing across town and it will likely get more heated this week when Commerce Secretary Wilbur Ross appears Wednesday before the Senate Finance Committee to discuss tariffs.  On the international trade front things are staying very busy: new tariffs on China, the future of NAFTA in question, and the ongoing dispute over the steel and aluminum tariffs. Secretary Ross will have to be prepared to answer questions on all of these topics and more.  Our team here has been in the trenches in this policy debates and has been watching all of these issues closely.  If you want to get a perspective on the ongoing trade disputes and what they may mean for the manufacturing and energy sectors feel free to contact Paul Nathanson (paul.nathanson@bracewell.com, 202-828-1714) or Josh Zive (josh.zive@bracewell.com, 202-828-5838).

Meanwhile, Energy Secretary Rick Perry will deliver remarks Friday at the Commerce Department’s SelectUSA 2018 Investment Summit, discussing energy investment and innovation technology.

Ahead of this week’s meeting of members and nonmembers of the Organization of the Petroleum Exporting Countries, OPEC members are considering a compromise agreement to increase oil production by 300,000 – 600,000 barrels per day in the next few months, according to people briefed on the discussions.  Action starts Wednesday and our friends from SAFE can give you the full brief if you call Bridget Bartol (bbartol@secureenergy.org).

In Congress, the House takes up a number of funding bills (including the Energy/Water funding legislation) on the House Floor.  Expect amendments and votes on all sorts of topics.  A House Energy panel meets Wednesday to explore the effects of the recent tax overhaul.  On Thursday, the House Science Environment Subcommittee holds a hearing on state perspectives regulating background ozone. Then Friday, another House Energy panel gathers for a hearing on advanced biofuels.

Outside DC, CO2NNECT 2018 launches today in Jackson Hole today to look at progress on carbon capture and features remarks from Sen. EPW Chair John Barrasso, Democratic Gov. Steve Bullock of Montana and GOP Gov. Matthew Mead of Wyoming.  And starting tomorrow Renewable Energy Finance Forum (REFF) NYC brings together the biggest investors and developers to drive investment in the renewable energy sector.  Finally, on Thursday, our friend Matt Letourneau from the Chamber’s Global Energy Institute (GEI) speaks to a group of utility communicators in Louisville, Kentucky at UCI’s 2018 annual conference.

Speaking of the Chamber’s GEI and Thursday, they will host a global energy security forum at 3:30 p.m. that will release the 2018 International Index of Energy Security Risk.  GEI President and CEO Karen Harbert and White House Energy Advisor Wells Griffith will offer remarks, while GEI international expert Steve Eule hosts a panel that Includes Embassy Energy officials from Canada, Mexico and the UK.

Summer Solstice on Thursday… Longest daylight of the year and first official day of Summer!!!  Call with questions…Best,

Frank Maisano

(202) 828-5864

c. (202) 997-5932

 

FRANKLY SPOKEN

“Self-driving technologies will have an enormously positive impact on our country, our economy, and our society. This is an opportunity too great to ignore and now is the time to prepare and implement policies that will unlock these myriad benefits and mitigate any negative impacts of this technological shift. There is a balance we must strike to realize the billions in economic savings from increased travel access and productivity, to reduced congestion and fewer accidents. The more we maximize the economic and productivity benefits while minimizing any potential impacts on job holders, the better off our country and workforce will be.”

Robbie Diamond, President and CEO of SAFE on the release of its latest policy brief: America’s Workforce and the Self-Driving Future: Realizing Productivity Gains and Spurring Economic Growth. 

ON THE POD

Cap Crude: US Casts Big Shadow Over OPEC Meeting – As OPEC meets again in Vienna this week, the last US official to attend an OPEC meeting, Ken Hance tells Capitol Crude that the Trump administration should work closer with the producer group for price stability.

FUN OPINIONS

EIA: Adoption of AVs could increase U.S. transportation energy consumption – EIA release a great fact in its “Today in Energy series on autonomous vehicles.  EIA says AVs are one of the main sources of uncertainty in the future of U.S. transportation energy consumption, as autonomous vehicle technology has the potential to change travel behavior, vehicle design, energy efficiency, and vehicle ownership. Analysis in EIA’s Annual Energy Outlook 2018 (AEO2018) shows that the widespread adoption of autonomous vehicles could increase overall light-duty vehicle travel and, depending on how those vehicles are powered, lead to slightly higher transportation energy consumption.

See graph and read more…

IN THE NEWS

ClearPath Continues Help for Heller – ClearPath Action Fund is planning to spend $500,000 to help re-elect Nevada Sen. Dean Heller.  ClearPath Action Fund Founder Jay Faison said Heller has long been a leader among Republicans in expanding clean energy deployment and innovation.  The Heller effort includes a new set of digital ads that recognize his clean energy leadership in Congress. “Senator Dean Heller has worked across the aisle in Washington, taking bipartisan action for clean energy technologies that create good jobs in Nevada,” the 30-second ad states. That includes helping lead efforts to streamline clean energy project permitting on public lands and offer tax incentives for both clean energy production and storage. ClearPath will also run 15-second and 60-second ads showcasing Heller’s record.

Simmons Named to Head DOE Renewable Office – President Trump intends to make Dan Simmons the permanent head of DOE’s energy efficiency and renewable energy office, after more than a year as its top official.  Simmons became EERE’s principal deputy assistant secretary on May 1, 2017, after working on Trump’s DOE transition and beachhead teams.   Simmons has been well-received by both renewable advocates and Congress who have appreciated openness.  Before joining the administration, Simmons was the vice president for policy at the libertarian-leaning Institute for Energy Research, which regularly attacked the Obama administration’s renewable energy programs. He also directed the Natural Resources Task Force at the American Legislative Exchange Council.

Report Provides Comprehensive View on Cost, Benefits of Self-Driving Tech – Securing America’s Future Energy (SAFE) today releases its latest policy brief: America’s Workforce and the Self-Driving Future: Realizing Productivity Gains and Spurring Economic Growth. The study is an examination and in-depth economic analysis of the effects self-driving technologies could have on the American economy and its workforce. The report is based on research and individual reports led by three economists: former Bureau of Labor Statistics Commissioner Erica Groshen, former Senior Fellow at Resources for the Future W. David Montgomery and Compass Transportation CEO Richard Mudge.  The report found that by 2050, AVs will add between $3 to $6 trillion in cumulative consumer and societal benefits to the U.S. economy. Annually, $800 billion in economic and societal benefits could be realized when AVs are fully deployed. Nearly every American will benefit from improved safety, enhanced access to transportation for senior citizens, people with disabilities and the disadvantaged, increased productivity, and the ability to gain productive time for work or errands.

Electrification Coalition Releases Inaugural Zero Emissions Vehicle (ZEV) Scorecard – The Electrification Coalition (EC) released the ZEV Scorecard, a ranking system and informational tool for policymakers, advocates, and the public to use as a guide to improve the effectiveness of state-level actions to increase adoption of plug-in electric vehicles (PEV). The ZEV states, which are already the country’s leaders of supportive PEV policies and adoption, were analyzed and placed into three tiers with California, Maryland and Connecticut placing in the top tier.  The ZEV Scorecard was developed by the EC to provide a single, comprehensive and data-driven ranking of the ZEV MOU states. By tracking policy changes over time it can help to determine effectiveness of certain strategies and can underscore the importance for states and other regulators to continue to create policies that support PEV adoption.  States can analyze the steps taken to date in order to determine if they should implement or add to financial and non-financial incentives, develop EV infrastructure and, or create public awareness campaigns.   The 2018 ZEV Scorecard Tiered Rankings include Tier 1: California, Maryland, Connecticut; Tier 2: Massachusetts, New York, New Jersey and Tier 3: Vermont, Rhode Island, Oregon, Maine.  To determine the scorecard rankings, the EC used a weighted ranking system and appraised state-level policy actions for three categories: 1. State-provided incentives to consumers; 2. Availability and support of public refueling infrastructure; 3. Outreach campaigns to educate the public. The EC plans to update its analysis and the rankings of the participating ZEV states annually. The full report can be found here.

DOE Announces Prize Competition Winners to Bolster Onshore Manufacturing – The Department of Energy announced the winners of the American Inventions Made Onshore (AIM Onshore) Prize Competition at the 2018 MForesight National Summit in Washington, D.C.  AIM Onshore is part of a DOE initiative to close the gap between American innovators who develop new energy technologies and domestic manufacturers who produce them. The four winning organizations listed below will receive $150,000 to deliver DOE’s Build4Scale training to energy hardware innovators and help them forge partnerships with domestic manufacturers.  DOE’s Build4Scale training, released earlier this year, equips American scientists and engineers with knowledge of basic manufacturing processes, an understanding of product design for manufacturing, and the know-how to make and evaluate manufacturing-related decisions.  By requiring winners to demonstrate a sustainable revenue stream to continue providing the training, DOE is leveraging a small initial federal investment in an initiative that will ultimately be sustained by the private sector.  Winners include Innovation Works – Pittsburgh, Pennsylvania; mHUB – Chicago, Illinois; FuzeHub – Albany, New York and ADL Ventures – San Francisco, California

DOE’s Build4Scale training – developed by Lawrence Livermore National Laboratory in collaboration with industry, academia, and government and other resources – is available to the public for use and dissemination at Build4Scale.org.

Report Says Clean Energy Moon Shot Needed – The University of Virginia Darden School of Business’ Batten Institute for Entrepreneurship and Innovation released a new policy playbook last week saying a national moonshot goal should be launched to spur more public and private investments in clean energy technologies. The playbook lists five other actions that should be taken, including national clean-tech bank and lending models and a “New Deal” strategy for helping communities bring in clean tech industries and jobs. The purpose of the playbook is to present new and innovative ideas for more rapidly moving the needle on addressing climate change. The policy actions presented here are motivated by a need to catalyze clean technology innovation. Recognizing that leadership by the federal government is unlikely in the current politicized environment, the playbook suggests a bottom-up approach to influencing change. Innovating for climate change will require solutions that address both mitigation and adaptation. See the recommendations here.

ON THE SCHEDULE THIS WEEK

Carbon Capture forum Features Barrasso, Govs – The Great Plains Institute holds CO2NNECT 2018 today in Jackson Hole today to look at progress on carbon capture.  event includes lawmakers such as Wyoming GOP Sen. John Barrasso, who heads the Senate environment committee; state leaders such as Democratic Gov. Steve Bullock of Montana and GOP Gov. Matthew Mead of Wyoming; and executives from companies such as NRG Energy Inc., NET Power LLC, Occidental Petroleum Corp., and Peabody Energy Corp. The event is designed to increase understanding and harness leadership support for carbon capture among governors; members of Congress; industry executives; labor, philanthropic and NGO leaders; and journalists and media influencers.

DOE, NEI, Westinghouse Address Nuclear Meeting – The American Nuclear Society’s annual meeting is today through Thursday in Philadelphia at the Marriott.  The event will feature business and government leaders delving into the global expansion of nuclear energy and revitalizing the struggling industry. Speakers include Westinghouse President and CEO Jose Gutierrez; Ed McGinnis of the Energy Department’s nuclear energy office; and Nuclear Energy Institute President and CEO Maria Korsnick.

University Coalition Heads to CSIS – Today at 2:30 p.m., the CSIS Energy & National Security Program will host Janet Napolitano (President, University of California), Kristina M. Johnson (Chancellor, The State University of New York) and Timothy Carter (President, Second Nature) for a discussion on the recent launch of the University Climate Change Coalition (UC3), the role of research universities in the development of climate action plans, and their own imperatives for a more sustainable energy system.  This spring, UC3 was launched by 13 research university systems in the United States, Canada, and Mexico to mobilize their resources and expertise to inform and facilitate climate solutions in partnership with businesses, local communities, cities, and states.  The coalition will utilize its research base and multidisciplinary approaches to craft innovative climate action plans, develop new energy technologies, and advance climate science.  UC3 will work in partnership with Second Nature’s Climate Leadership Network, a group of hundreds of colleges and universities that have committed to take action on climate change and sustainability actions.  Climate Change and the National and Corporate Interest is a high-level speaker series showcasing a variety of country and corporate perspectives on plausible pathways for pursuing a climate change strategy and why those actions are in their national or commercial interest.

RFF Webinar Set to Discuss Electricity Resilience – Resources for the Future (RFF) hold a webinar today at 3:00 p.m. focused on the economics of electricity system resilience.  Researchers at Resources for the Future have published previously on decisionmaking on this topic, and on May 30, they co-hosted a workshop with the R Street Institute on economic approaches to identifying and addressing resilience in the bulk power system. This webinar will highlight the timely lessons from that workshop, including definitions of resilience and how it relates to reliability, what’s wrong and what’s right about existing markets and institutions, the role of consumers, and how to decide what to do next.

A careful analysis suggests that current institutions to support system reliability go a long way toward supporting system resilience—and that real threats to reliable electricity supply and quick recovery from outages may lie in other parts of the system, and therefore call for differently targeted measures.

Register to attend the webinar.  Speakers include former AWEA policy chief Robert Gramlich, R Street’s Devin Hartman, RFF’s Karen Palmer and former DOE official Susan Tierney.

Forum to Look at Ukraine Energy – The Commission on Security and Cooperation in Europe hold a briefing today at 3:30 p.m. in Dirksen G-11 on curbing corruption in Ukraine’s energy sector.  This briefing will review the challenges facing Ukraine’s energy sector with a focus on corruption’s role in preventing necessary reforms. Speakers will provide expertise and insight as to how Ukraine’s energy sector fits into the larger picture of Ukraine’s fight against corruption. They will also examine Russia’s malign influence in the country. Finally, the briefing will offer policy responses to these issues. Former Ambassador Bill Courtney and CSIS expert Ed Chow will speak.

REFF Wall Street Forum Set – The Renewable Energy Finance Forum (REFF) New York City will be held tomorrow and Wednesday in NYC.  For 15 years, REFF-Wall Street has brought together the biggest investors and developers to drive investment in the renewable energy sector. This year features a special line-up of dynamic speakers, high-level networking opportunities, and the most active players in the renewable energy industry.  FERC Commissioner Neil Chatterjee and ACORE’s Greg Wetstone are among the speakers.

FERC Chair to Address NatGas Roundtable – The Natural Gas Roundtable will host its monthly meeting at the University Club tomorrow at Noon.  FERC Chairman Kevin J. McIntyre, will be the guest speaker.

Stimson Center to Discuss China, Arctic – The Stimson Center’s East Asia Program discussion tomorrow at 12:30 p.m. on regional perspectives of Chinese activities in the Arctic.

Landscape Architects Discuss Climate – The American Society of Landscape Architects holds a  discussion tomorrow at 6:30 p.m. on smart policies for a changing climate. The event is a candid discussion with ASLA CEO Nancy Somerville and Diane Jones Allen of the College of Architecture Planning and Public Affairs at the University of Texas at Arlington. They will discuss a recent Blue Ribbon panel’s findings and ASLA’s ambitious efforts to align landscape design approaches through the adoption of effective public policies.

Senate Finance Talks Trade with Ross – Commerce Secretary Wilbur Ross will appear Wednesday at 9:00 a.m. before the Senate Finance Committee to discuss tariffs.

House Energy Panel to Look at Energy Tax Issues – The House Energy and Commerce Committee hold a hearing on Wednesday at 10:00 a.m. on the benefits of tax reform on the energy sector and consumers.

Senate to Host EPA Nominees – The Senate Environment Committee holds a hearing on the nominations of William McIntosh and Peter Wright to be assistant administrators of EPA on Wednesday at 10:00 a.m.

CSIS to Host BNEF Energy Outlook – The CSIS Energy & National Security Program is hosting the launch of Bloomberg New Energy Finance’s (BNEF) New Energy Outlook 2018 on Wednesday at 10:00 a.m.  NEO 2018 is BNEF’s annual economic forecast for the world’s power sector.  Built over nine months, it is the result of international collaboration between 65 market and technical experts from BNEF’s 11 offices.  For the first time, NEO projects out to 2050, offering 10 more years of data and new insights about the energy transition in the long-term.  Seb Henbest (NEO Lead Author and Head of Europe, Middle East & Africa; BNEF) will present the findings of the NEO 2018, followed by Q&A and discussion led by MIT’s Francis O’Sullivan.

Book Event Looks at Chernobyl – The Woodrow Wilson Center Kennan Institute for Advanced Russian Studies holds a book discussion on Wednesday at 11:00 a.m. looking at a new book on Chernobyl and the history of the nuclear catastrophe. In his new book, Chernobyl: The History of a Nuclear Catastrophe, Serhii Plokhii draws on new sources to lay bare the flaws of the Soviet nuclear industry, tracing the disaster to the authoritarian character of Communist party rule, the regime’s control of scientific information, and its emphasis on economic development over all else. Today, the risk of another Chernobyl, claims Plokhii, looms in the mismanagement of nuclear power in the developing world.

Atlantic Council Hosts BP Stat Review – On Wednesday at 12:30 p.m., Atlantic Council is hosting the US launch of the 2018 BP Statistical Review of Energy with BP Group Chief Economist Spencer Dale. As the energy landscape continues to undergo profound change, it is more important now than ever to understand the trends and developments driving this change. The 2018 BP Statistical Review of World Energy examines issues like who is winning the tug-of-war between OPEC oil and tight oil, why natural gas grew so fast in 2017, and if there is enough cobalt and lithium to fuel battery demand going forward.  BP’s Statistical Review provides an objective overview of what happened to energy markets in 2017 and a guide to future trends. Perhaps more importantly, it helps us better understand the complex world in which we operate. Dale will present the findings of BP’s 2018 report, one of the most widely respected and highly anticipated global energy publications, followed by a moderated discussion.

GTM to Host Grid Forum – Greentech Media host Grid Edge Innovation Summit on Wednesday and Thursday in San Francisco.  The event is an energy conference that will examine the energy customer of tomorrow and how new innovative business models are quickly emerging.  GTM brings together forward thinking and prominent members of the energy ecosystem and as our research team explores the future of the market. Former FERC Chair Jon Wellinghoff will speak along with many others, including our friends Shayle Kann, Julia Pyper and Stephen Lacey.

Forum to Discuss Roof Top Solar – Bernstein Management Corporation, Carr Properties, WC Smith, New Partners Community Solar and Sol Systems host a forum on Thursday at 8:00 a.m. at the Greater Washington Board of Trade to discuss different ways each took advantage of available incentives and successfully “went solar” in DC. Each will share the benefits, the challenges, and the lessons learned.

AAAS Hold Science/Tech Forum – The American Association for the Advancement of Science holds the 2018 Science and Technology Policy Forum.  Former Rep. Rush Holt and other will speak on the agenda.

OPEC Meeting Set for Vienna – OPEC hosts its 7th International Seminar in Vienna with the theme Petroleum—cooperation for a sustainable future.  Our friends at SAFE can discuss.   Lots of big names speaking that you can see here.

S&P Hosts Transmission Forum – S&P Global Platts holds 2018 Transmission Planning and Development Conference on Thursday at the Hilton in Arlington, Va.  The event will address key growth drivers impacting the US electric transmission grid.  FERC Commissioner Neil Chatterjee, analyst Christi Tezak, hydro expert Jeff Leahy, ITC’s Nina Plaushin and many more.

Forum to Look at Water Infrastructure – On Thursday at 9:00 a.m., the Brookings Metropolitan Policy Program will host utility, workforce, and community leaders to discuss the economic and infrastructure opportunity offered in the water sector. The event follows the release of a new report, Renewing the water workforce: Improving water infrastructure and creating a pipeline to opportunity, which provides clearer metrics and actionable strategies on this front.  Louisiana Rep. Garrett Graves will keynote followed by a panel.

House Science Tackles Ozone Science – The House Science Environment Subcommittee holds a hearing on Thursday at 10:00 a.m. looking at state perspectives on regulating background ozone. Witnesses include Diana Rath of Alamo Area Council of Governments, AZ DEQ air quality official Tim Franquist, EDF’s Elena Craft and scientist Gregory Stella of Alpine Geophysics.

House Transpo Looks at Pipeline Legislation – The House Transportation and Infrastructure Subcommittee on Railroads, Pipelines and Hazardous Materials will host an oversight hearing Thursday at 10:00 a.m. to examine the Protecting our Infrastructure of Pipelines and Enhancing Safety (PIPES) Act, enacted in June 2016 in the wake of a 100,000-metric-ton gas leak from the Aliso Canyon underground storage facility managed by Southern California Gas Co. directed the nation’s top pipeline regulator, the Pipeline and Hazardous Materials Safety Administration, to set baseline safety standards for underground gas storage facilities, prioritize work on unfinished congressional mandates and study the potential for a centralized pipeline incident database, among other steps.

House Small Biz Committee Looks at Ag Regs – The House Small Business agriculture and energy subcommittee looks at how federal regulations affect small farmers.  Witnesses include Craig Martins on behalf of the National Council of Farmer Cooperatives and GROWMARK, John Weber of the National Pork Producers Council and Glenn Brunkow on behalf of the American Farm Bureau.

Wilson Forum Looks at Arctic Communities, Energy – The Woodrow Wilson Center’s Canada Institute and Polar Initiative hold a conference call briefing on Thursday at 11:00 to discuss energy innovation in remote Arctic communities.  The webinar features a spotlight on the energy approaches of these remote Arctic communities and how innovations are contributing to economic development and community resilience.

Forum to Look at Air Quality Issues –The World Resources Institute holds forum on Thursday at Noon looking at open air quality data to fight unequal access to breathable clean air. This presentation shares stories of communities from Delhi to Ulaanbaatar to Sarajevo and from scientists to journalists, using open air quality data from the platform to advance their fight against air inequality. The subsequent open-source tools, the OpenAQ community has developed and the entire data-sharing platform may be of interest to other open data communities.

Chamber to Release Security Index – The U.S. Chamber of Commerce’s Global Energy Institute (GEI) hold a forum to release its 2018 International Index of Energy Security Risk on Thursday at 3:30 p.m.  GEI President and CEO Karen Harbert will offer remarks followed by a presentation and panel discussion on international energy security challenges moderated by GEI Vice President Steve Eule.  The Index of U.S. Energy Security Risk: Assessing America’s Vulnerabilities in a Global Energy Market is an annual energy risk indicator, which uses quantifiable data, historical trend information, and government projections to identify the policies and other factors that contribute positively or negatively to U.S. energy security. The Index provides a look at energy security retrospectively from 1970 to 2013 and prospectively from 2014-2040. From this data, policymakers and energy professionals can use the Index to track shifts in U.S. energy security over time and assess potential impacts of new policies.

Duke’s Good to Speak at Women Conference – The Center for Strategic and International Studies is hosting a Smart Women, Smart Power conversation with Duke Energy CEO Lynn Good on Thursday at 6:00 p.m.  She will discuss trends impacting the energy industry, the challenges it faces, and the efforts being made to create a cleaner, smarter energy future.  The conversation will be moderated by Fortune’s Nina Easton.

NERO to Honor Scalise, Heitkamp – The National Energy Resources Organization will hold its 2018 Awards dinner on Thursday at the Capitol Hill Hyatt.  Awardees will be Majority Whip Steve Scalise and Sen. Heidi Heitkamp.  NERO is a non-partisan organization whose mission is to engage in dialogue on energy issues, recognize outstanding achievements, and promote public awareness.

House Energy Loos at Advanced Biofuels in RFS – The House Energy and Commerce hearing on Friday at 9:15 a.m. in 2322 Rayburn on advanced biofuels Under the RFS.  The hearing will look at current status and future prospects.

Forum to Look at Climate Finance – On Friday at 10:00 a.m., Brookings hosts a panel of experts will provide an update on innovations in multilateral climate finance. John Roome, senior director for climate change at the World Bank, will discuss innovative approaches for supporting clean infrastructure in developing countries, since too often climate effects hit poor people the hardest. Kruskaia Sierra-Escalante, manager of the International Finance Corporation (IFC)’s Blended Finance Unit, will discuss blended concessional finance for the private sector. Brookings Senior Fellow Joshua Meltzer will discuss his latest research on the topic.

IN THE FUTURE

World Gas Conference Features Perry, Industry Leaders – The International Gas Union (IGU) hosts the 27th World Gas Conference (WGC 2018) in Washington DC from June 25-29.  The triennial event aims to raise the voice of natural gas while offering timely updates on strategic, commercial and technical issues facing the entire gas value chain and offers the most comprehensive and diverse program to date for the natural gas industry. For the first time ever this includes topics for professionals working in sectors including finance, trading, law, sustainability/renewables, policy/government.  Energy Secretary Rick Perry headlines.

Young Professional Program for World Gas Forum Set – The Young Professionals Program (YPP) will hold a special forum during the World Gas Conference June 25-29 in Washington, DC.  YPP will provide a great opportunity for promising young professionals in the energy sector to learn from top leaders in the natural gas industry and network with their peers throughout the world.  More on this as we get closer.

Forum to Talk Eastern Europe Energy – The Atlantic Council Global Energy Center and the Hungarian Presidency of the Visegrád Group holds its “Towards 21st Century Energy Systems in Central & Eastern Europe” conference next Monday.  The event will feature discussion and debate on the strategic and policy implications of the Trump Administration’s energy agenda and its impact on the transatlantic relationship, with special attention paid to the Central and Eastern European region.  The expert panels will discuss the impact of the US’ energy agenda on Central and Eastern Europe and innovation in Central and Eastern European energy systems.

Brookings Talking Global Markets With Experts – The Cross-Brookings Initiative on Energy & Climate will host Fatih Birol in a discussion facilitated by Initiative Co-Chair David G. Victor. Both renowned energy experts, they will discuss the latest updates in global energy, including recent evolutions in global markets and prices, and the intersections of climate change and energy policy.  Fatih Birol is executive director of the International Energy Agency (IEA), and has been named by Forbes Magazine as one of the most influential people in world energy, and “Energy personality of the year” in 2017 by the Financial Times. He is also chair of the World Economic Forum’s (Davos) Energy Advisory Board and serves on the U.N. Secretary-General’s Advisory Board on Sustainable Energy for All.  After the session, panelists will take audience questions.

ACEEE Forum Set – On Tuesday at the National Press Club, the American Council for and Energy Efficient Economy (ACEEE) will convene a one-day symposium to highlight international energy efficiency best practices, with a particular focus on opportunities for improvement in the United States. Our research has shown that energy efficiency can be a low-cost, powerful tool for countries to meet their energy and environmental goals and to sustainably increase shared prosperity. At this event, ACEEE will release its biennial International Scorecard, which examines the energy efficiency policies and performance of the world’s 25 largest energy-consuming countries. The scorecard evaluates countries based on 35 metrics and shows how all can substantially improve their energy efficiency. The symposium will feature four panels that will explore: (1) scorecard findings, (2) lessons learned from high-performing countries, (3) opportunities for the United States, and (4) notable efforts and opportunities for global companies.

CSIS Hosts Climate Investments Head – On Tuesday June 26th at 9:00 a.m., the CSIS Energy & National Security Program will host Pratima Rangarajan, CEO of Oil and Gas Climate Initiative (OGCI) Climate Investments, for a conversation on OGCI Climate Investments within the context of the OGCI, why the fund was founded last year, and how and why Climate Investments differentiates itself from other funds. OGCI Climate Investments intends to invest $1 billion over the next ten years to develop and demonstrate innovative technologies which could significantly curb global greenhouse gas emissions.

Hydro Conference SetHydroVision International will be held in Charlotte, NC on June 26-28th at the Charlotte Convention Center.  HydroVision is the largest gathering of hydro professionals worldwide. The event highlights perspectives on the role of hydropower, explores issues affecting hydro resources, and helps participants develop a vision to meet challenges and ensure the future sustainability of hydro.

Forum to Look at National Lab Ideas – The Information Technology and Innovation Foundation holds a forum on Wednesday, June 27th at noon in 2325 Rayburn to look at new ideas for strengthening partnerships at DOE’s National Labs.  Two promising ideas for providing such connections are the proposed Impact for Energy Foundation and the pilot small business voucher program. The former would make it easier for companies and philanthropists to work collaboratively with intramural teams at DOE labs. The latter provides small businesses that need sophisticated insights with no-cost access to lab experts who can accelerate their innovations.  Speakers will include Reps. Randy Hultgren Ben Ray Luján, as well as Rita Baranwal, Director of (GAIN) Gateway for Accelerated Innovation in Nuclear at the Idaho National Laboratory.

Forum to Look at Energy Policy In Brazil – On Thursday, June 28th at 9:00 a.m., the Inter-American Dialogue will hold a forum to look at energy policy in Brazil.  The event features a panel discussion on the recent oil licensing rounds, opportunities for private investment in the oil, gas and power sectors, and the outlook for energy policy next year.
Forum to Look at Fossil Fuels in Sustain Energy Future – The U.S. Energy Association holds a forum on Thursday, June 28th at 10:00 a.m. to look access to affordable, reliable, sustainable, and modern energy services while reducing greenhouse gas emissions and the carbon footprint of the energy sector.  This briefing seeks to discuss the following within the context of the 2030 Agenda including recommendations on Carbon Capture Use and Storage; financing investment in fossil energy; transformation of the Energy System, among other things.  The speaker will be Scott Foster, the Director of the Sustainable Energy Division with the United Nations Economic Commission for Europe.

Chatterjee Headlines Grid Forum – Icons of Infrastructure hold a forum at the National Press Club on Thursday, June 28th afternoon looking at the transformation of the energy grid.  The forum will look at how needed research and development efforts gets funded and what are the stakes for consumers, the energy sector and policymakers.  In one packed day of headline speakers, panel debates, creative networking opportunities, open discussions, and an in-depth analysis, you’ll learn about exciting developments in domestic energy markets, and hear insider perspective on the challenges we face.  Speakers include FERC Commissioner Neil Chatterjee, NREL’s Peter Green, DOE’s Eric Lightner and many more.

Forum to Look at Climate Risk – At the June Adaptation Community Meeting, the US Agency for International Development (USAID), the World Bank, the International Finance Corporation, and the Inter-American Development Bank will come together on Thursday June 28th at 4:00 p.m. At the World Bank to discuss each organization’s current and emerging approaches to climate risk management. The discussion will highlight each organization’s approach, initiatives to track and assess the effectiveness of climate risk management, lessons learned, and ideas for the future.

Mulvaney Headlines Annual CEI Dinner – On Thursday June 28th, the Competitive Enterprise Institute holds its annual dinner and reception at the Marriott Marquis.  National Review’s Jonah Goldberg will be master of ceremonies and keynoter is OMB chief Mick Mulvaney.

JULY 4th HOLIDAY

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.

BPC Forum to Examine Oil, Gas Issues – On Thursday July 12th at 10:30 a.m., the Bipartisan Policy Center (BPC) convenes a panel of experts to examine the current state of the Environmental Social Governance (ESG) movement in the oil and gas sector and explore what’s coming next. This movement continues to gain traction in a time when the regulatory agenda has changed significantly under the Trump Administration. ESG is particularly significant for the energy sector, specifically as shareholder resolutions surrounding climate change continue to take center stage in the media and in the boardroom.

Duke CEO, CARB Chair, Others Headline POLITICO Summit – POLITICO is hosting its second Pro Summit on July 17th at the Renaissance Hotel. The Pro Summit brings together Pro subscribers, expert reporters, key decision-makers, and others who are shaping the policy landscape for a full day of incisive conversations. Summit speakers include Rep. Joe Crowley, Duke CEO Lynn Good, FERC Chair Kevin McIntyre, Amy Myers Jaffe of the Council on Foreign Relations, Coal CEO Bob Murray, California Air Resources Board Chair Mary Nichols and many others.  Duke Energy is the main event sponsor.

Energy Update: Week of June 11

Friends,

What a sports weekend….  C-A-P-S, Caps, Caps, Caps.  As you know, I am a Detroit guy but kudos to my second hometown who won their first Stanley Cup ever on Thursday and it was a thrilling ride for DC.  The WaPo has the Day-In-The-Life and the Caps after-party details with Cup.  And the party has continued since… The Parade will be tomorrow morning starting at 11:00 a.m. running up Constitution Avenue between 17th Street and ending at 7th Street.  The action then moves to the National Mall.

Then Friday, the Golden State Warriors finished off LeBron James and his Cleveland Cavs for an NBA Finals sweep.   On Saturday, Justify rolled to the second triple crown in four years leading wire-to-wire in the Belmont Stakes boldly holding off a late run from long-shot Gronkowski.  While I didn’t think he would do it, I was impressed by his run and give a lot of credit to Baffert’s move to run stable mate Restoring Hope, who ran the first mile on Justify’s shoulder and prevented the field from pressuring Justify like Good Magic did in the Preakness.  While Justify didn’t pay out, I was a big fat winner on a trifecta box with Hofburg and Gronk.  Finally, on Sunday, Rafa Nadel again proved he is “King of Clay” winning his 11th French Open Title.

And while the sports were nuts, the Tonys were also awarded in NYC last night and featured some colorful language from Robert DeNiro.  The biggest winner was a great play Stacey and I saw earlier this year called The Band’s Visit with Tony Shalhoub.  The musical took home 10 Tonys including Best Musical. And for you Harry Potter fans, the Cursed Child won Best Play, among its six awards.  All the winners are here.

And looking forward, I know I usually adopt the Champ Kind sports philosophy of “No Soccer,” but it is hard to not pay attention to the FIFA World Cup which starts on Thursday with host Russia taking on Saudi Arabia.  Here are the teams from Fox, who is televising the event, and a guide from Yahoo! Soccer for those watching.   Finally, the US Open launches on Thursday in NY at Shinnecock Hills with World #1 Dustin Johnson at the top pf his game after holing out on 18 at the FedEx St. Jude Classic yesterday.

Between the Caps tomorrow and Thursday’s events, I suspect their won’t be much work done in DC this week but here we go: The Senate Appropriations Committee marks up its fiscal 2019 Interior-Environment bill this week, the Farm bill emerges in both the House and Senate and all five FERC Commissioners visit Senate Energy tomorrow.

The biggest event this week is Wednesday morning’s SAFE forum that releases a new groundbreaking study with original research on the magnitude of impacts from driverless cars at the Jack Morton Auditorium at the George Washington University.

Stacey heads to her annual trek to Delaware’s Firefly Festival, the 4-day music celebration at Dover Downs that this year features Foster The People, Jimmy Eat World, Eminem, The Killers, Portugal The Man, and many more. Finally, Thursday night at Nationals Park will be an emotional Congressional Baseball game with the return of Steve Scalise after last year’s shooting.  You can get tickets here.

Call with questions…Best,

 

Frank Maisano

(202) 828-5864

c. (202) 997-5932

FRANKLY SPOKEN

“As the puck drops, the words that D.C. fans have been waiting to hear since 1974: The Washington Capitals are the 2018 Stanley Cup champions! It’s not a dream! It’s not a desert mirage, it’s Lord Stanley and he is coming to Washington!”

Washington Capitals Radio broadcaster John Walton in the final moments of Game 5 of the Stanley Cup Finals.

ON THE POD

Lobby Shop Hits Recess Cancellation, Caps – Bracewell’s latest episode of our podcast, The Lobby Shop, is now live on Stitcher, iTunes, SoundCloud, and Google Play Music.  Josh and Liam reunite for a look at the cancellation of Congress’s August recess by Senate Majority Leader McConnell, the outlook of the Midterm elections, DC’s Capitals in the Stanley Cup Final, and more.

FUN OPINIONS

Murkowski, Faison on CNN: Nuclear Power Important for Rural Communities – In a column on CNN’s website, Senate Lisa Murkowski and ClearPath’s Jay Faison argued that small reactors could be a huge success for rural communities.  They urged policymakers to develop policies that will unleash entrepreneurs to rebuild America’s nuclear industry.  While efforts to mitigate climate change are heating up, China is rushing to grab the strongest foothold in the clean energy race. China is already constructing and operating advanced reactors while we have none. The US — once the pioneer and undisputed champion of nuclear power and other breakthroughs — is falling behind.  Murkowski and Faison argue leadership in nuclear technology development allows leadership in nuclear regulation and safeguard regimes. A robust and healthy American nuclear sector is a prerequisite for national security in today’s world.

NEW MIDTERM WEBSITE

Morning Consult Mid-Term Election Tracker in Place – Speaking of midterms, with less than 150 days to go, Morning Consult has introduced The Midterm Wave Watcher.  It is a new interactive feature showcasing a range of survey research insights related to the 2018 midterm elections. MC interviews registered voters across the country every day to gauge their opinions on their elected officials as well as whom they’re planning to vote for in the upcoming 2018 midterm elections for House and Senate. This data, based on hundreds of thousands of surveys conducted in all 50 states, will be released on a monthly basis heading into November. See the full methodology here, and explore the full results here.

IN THE NEWS

Faison Joins DOE Nuclear Advisors – ClearPath Founder Jay Faison was named to the Department of Energy’s Nuclear Energy Advisory Committee, which offers advice and recommendations from a range of experts to the assistant secretary for nuclear energy.  Energy Secretary Rick Perry has appointed Jay to the Committee through December 2019. NEAC was established in 1998 and provides advice and recommendation on scientific, commercial, technical and programmatic issues relating to DOE’s Office of Nuclear Energy. Jay joins NuScale Power Chairman and CEO John Hopkins, Oklo Co-founder and COO Caroline Cochran, Nuclear Industry Council President and CEO David Blee, Nuclear Energy Institute President and CEO Maria Korsnick and others on the committee.

Jay’s Take on NuclearVision – Now that he is on the DOE board, Faison outlined a number of opportunities that he will focus on.  Faison’s new blog out highlights what he calls NuclearVision, including (1) setting aggressive technology goals, in coordination with the private sector, that balance the pace of scientific innovation with commercial needs; (2) proactively encouraging thinking that challenges the status quo and pushes the limit of innovation and (3) empowering technical staff, including program managers that should come from the cutting edge of industry.  Following those and other guiding principles could result in proper investments in DOE’s research programs, facilitating advanced fuels development, constructing a versatile fast test reactor by 2026 and competitive cost sharing for our most promising advanced reactor designs.

FirstSolar Launches Ohio Facility – FirstSolar has broken ground on new $400-million, 1-million-square-foot solar plant in Toledo, OH that will triple the company’s manufacturing capacity in the U.S. The plant, which is set to reach full capacity in late 2019, will bring 500 jobs to the region, compensating for the 350 jobs First Solar cut to upgrade its Perrysburg Township plant, located less than two miles away, from Series 4 to Series 6 panel production last year. When the new plant is complete, the two factories will produce enough panels to generate a combined 1.8 gigawatts of power annually, three times the Perrysburg site’s current output.

More States Granted Delay in WOTUS Case – Late Friday a federal judge granted a preliminary injunction on against the Waters of the U.S. rule to 11 states, including Georgia, Alabama, Florida, Indiana, Kansas, North Carolina, South Carolina, Utah, West Virginia, Wisconsin and Kentucky. Federal Judge Lisa Godbey Wood for U.S. District Court for the Southern District of Georgia ruled that the states have a substantial likelihood of winning at least some of their claims against the 2015 rule.  POLITICO reports the judge singled out two of the states’ claims as particularly strong: that the Obama rule violated the Clean Water Act with its sweeping coverage of wetlands and streams high up in the tributary network, and that it violated the Administrative Procedures Act by making significant changes between the proposed and final versions of the rule.   With this ruling and North Dakota’s previous ruling which granted preliminary injunction to 13 states in 2015, the rule is on hold in nearly half the country.

Report Finds Offshore Wind Could Add Jobs – A new report by the American Jobs Project said Maine is well-positioned to capture hundreds of jobs when offshore wind takes off.  It says the state should adopt policy positions to improve its opportunities thanks to advances in floating platforms developed by the University of Maine’s Advanced Structures and Composites Center.  It suggests that Maine could see 2,100 jobs if the state adopts “forward-thinking policies.” The report includes recommendations that include restoring an office that fast-tracked wind power projects during the administration of Democratic Gov. John Baldacci. Other recommendations include establishing offshore wind certificate or degree programs to support a skilled workforce and establishing a Northeast Offshore Wind Innovation Center.

Pope Meets with Oil CEOs – Pope Francis urged leaders in the financial, oil and gas industries at a conference at the Vatican to work on transitioning to energy sources that are “highly efficient while producing low levels of pollution,” saying that “there is no time to lose.” Francis told the group, which included the chairman of Exxon Mobil Corp., the chief executive of the Italian energy giant Eni SPA and the chief executive of BP PLC, that the entire world is affected by climate change, though the poor would “suffer the most from the ravages of global warming.”

ON THE SCHEDULE THIS WEEK

AWWA Holds Annual Conference – The American Water Works Association Annual Conference and Exposition today through Thursday at the Mandalay Bay in Las Vegas.

Merrifield Headlines Nuclear Export Forum – Several groups are hosting forum in 2322 Rayburn this morning at 11:00 a.m. to discuss the importance of nuclear experts to the U.S.  Speakers will include former NRC Commissioner and ClearPath advisor Jeff Merrifield on industry/government collaboration, Westinghouse’s Graham Cable on understanding the export market, Nuclear Industry Council CEO David Blee on the export potential for Small Modular Reactors (SMRs) and several more.

Interior Official to Address Energy Policy – The Atlantic Council hosts a conversation on today at Noon with Vincent DeVito, counselor to the secretary for energy policy at Interior. DeVito will focus on the advanced energy aspects of the Trump administration’s “energy dominance” agenda.

House Resources Holds MI Field Hearing on Fishery, Bird Controversy – The House Natural Resources Committee holds a field hearing today at 2:00 p.m. that examines the effects of mismanagement of the cormorant in the Great Lakes region at Alpena Community College in Michigan.  The boom in population of the cormorant has created controversy regarding its impact on fisheries quality and quantity nationwide. In Michigan, recreational and commercial fishing is an economically significant industry valued between $4 billion and $7 billion annually.  Speakers will discuss including Randall Claramunt of MI DNR and Tom Cooper, who is chief of the U.S. Fish and Wildlife Service’s Migratory Bird Program in the Midwest Region.

Wilson to Host Brazilian Biofuels Experts – The Woodrow Wilson Center hosts a forum today at 4:00 p.m. featuring a delegation from the Brazil’s Ministry of Mines and Energy, charged with the new biofuels program implementation, and Brazil’s National Agency of Oil, Natural Gas and Biofuels (ANP).  The group comes to the Wilson Center for a public conversation on RenovaBio. The delegation will be in Washington for meetings with the U.S. government and the private sector to discuss lessons learned from the implementation of the RFS and the LCFS, in order to improve the development and implementation of the new policy in Brazil.  RFA’s Geoff Cooper and UC-Davis Institute of Transportation Studies Director Dan Sperling will also speak.

Marine Fuel Conference Set – Platts hosts its 15th annual Bunker and Residual Fuel Conference in Houston at the St. Regis Hotel tomorrow and Wednesday.  The event features the Latest on Bunker and Marine Fuels, and the Impact of the IMO Low-Sulfur Deadline of 2020 including strategies for ship owners and bunker fuel suppliers, shipping economics in a complex new environment and enforcement challenges and policies.

Hydrogen, Fuel Cell Forum Set for DC – The Fuel Cell and Hydrogen Energy Association will be hosting a full-day forum and showcase tomorrow in Washington, D.C. at the Ronald Reagan Building and International Trade Center with leading executives, experts, and policymakers on fuel cell and hydrogen technology. The forum will bring together key federal and state policymakers, including the Department of Energy and White House, as well as the broader environmental, transportation, and energy communities to raise awareness of the benefits of fuel cell and hydrogen technology. This event will precede the Department of Energy’s 2018 Annual Merit Review.

Ethanol Conference Set – The International Fuel Ethanol Workshop and Expo takes place tomorrow and Wednesday at CenturyLink Center in Omaha.  The event features programming that maintains a strong focus on commercial-scale ethanol production, new technology, and near-term research and development.  Growth Energy’s Emily Skor is keynoting.

Playbook to Feature Scalise – On the eve of his return to the Congressional baseball game, POLITICO Playbook holds breakfast interview with House Majority Whip Steve Scalise on Republican priorities and the leadership agenda tomorrow morning at 8:00 a.m.

Sen Energy Hosts FERC Commissioners – The Senate Energy and Natural Resources holds an oversight hearing tomorrow at 10:00 a.m. on FERC.  All five FERC Commissioners will testify.

Forum to Look at Buildings of the Future – As a part of High Performance Building Week 2018, there will be a Congressional briefing tomorrow at Noon in 2322 Rayburn seeking recommendation for future buildings.  The National Institute of Building Sciences Consultative Council serves a unique role in the building industry, bringing together representatives from leading organizations that represent all aspects of design, construction, operation and regulation to examine important issues before the industry.  The forum will look at ways to explore how the building industry can and should evolve to meet the changing needs of society and how new technologies and practices can attract a 21st century workforce.  Speakers include Reps. David McKinley and Peter Welch who are Co-Chairs of the High Performance Building Congressional Caucus, as well as our friend Ryan Colker of the National Institute of Building Sciences and several others.  On Thursday in 2226 Rayburn, this same group will also hold an expert discussion focusing on how codes and standards play a significant role in supporting strong, practicable and resilient 21st century infrastructure solutions. These solutions include not only incorporating new technologies – such as 3D printing – into codes and standards, but also recognizing the value of hazard mitigation strategies in assuring that infrastructure and buildings are built to withstand future events.

DC Bar Hosts Enforcement Meeting – The D.C. Bar sponsors forum tomorrow at noon on environmental enforcement in the Trump administration. Speakers include Deborah Harris, chief of the Justice Department’s environmental crimes section.

USEA Forum to Look at USE IT Act – Tomorrow at 1:00 p.m., the U.S. Energy Association hosts a forum on the USE IT Act. In March, Sens. Barrasso, Capito, Whitehouse, and Heitkamp introduced the “USE IT” Act, which would support R&D for innovative carbon capture and use technologies. This workshop will explore the environmental and economic opportunities for innovative carbon technologies — including direct air capture and carbon utilization in building materials and fuels. The conversation will include a discussion of the policy landscape for these solutions, as well as the emerging industry and investment trends in the space.  Speakers will include USDA’s David Babson, C2ES’s Jeffrey Bobeck and Erin Burns of Third Way.

SAFE to Discuss Impact of Self-Driving Technology on Economy, Workforce – On Wednesday at 8:30 a.m., Securing America’s Future Energy will hold a forum and release a new groundbreaking study with original research on the magnitude of impacts from driverless cars at the Jack Morton Auditorium at the George Washington University.  The study done in collaboration with leading transportation and labor economists focuses on impacts from driverless cars and offers case-study analysis on the economic productivity gains.  It will also offer context on the history of network-scale innovations and the short and long-term impacts on the workforce.  Speakers include Report author J.D. Vance, former Transportation Secretary Rodney Slater, ep. Debbie Dingell, DOT’s Loren Smith ITIF’s Rob Atkinson and CBPP’s Jared Bernstein, all who are actively crafting AV Policy.  For further information, contact Leslie Hayward lhayward@secureenergy.org.

Senate Energy to Look at Hydro Legislation – Senate Water and Power Subcommittee holds a hearing at 10:00 a.m. on Wednesday looking at a hydropower bill and other legislation.

Senate Enviro Looks at Infrastructure – The Senate Environment Committee will hold a hearing on Wednesday at 10:00 a.m. on innovation and America’s infrastructure.  The hearing will examine the effects of emerging autonomous technologies on America’s roads and bridges.

Harvard’s Stavins to Speak at Webinar – Harvard hosts a free live webcast with Professor Robert Stavins at 10:00 a.m. Wednesday. During this 45-minute webcast, Professor Stavins will review the past year’s development on the economics, policy, and politics of climate change, including ongoing work on the implementation of the Paris Agreement.   Stavins will also address the types of policies that countries have put in place and may launch in the future. He will conclude with reflections on the path ahead for the Paris Agreement. Register Here.

Forum to Look at Grid for E-Mobility – At 1:00 p.m. on Wednesday at the National Press Club, the Electric Drive Transportation Association holds a discussion on building the modern Grid for E-Mobility.

Senate Enviro Looks at Crops Water Issues – The Senate Environment Superfund and Waste Management Subcommittee holds a hearing on Wednesday at 2:30 p.m. Army Corps’ regulation of surplus water and the role of states’ rights.

Drillers to Host Seminar – The International Association of Drilling Contractors hosts its “IADC Onshore and Offshore Drilling Rigs 101” event on Wednesday at 2:30 p.m. IADC members representing both onshore and offshore companies will talk about the latest drilling rig technology and discuss the role of the drilling contractor in the well construction process, along with a presentation of industry safety data.

House Energy Panel to Look at Chemical Facilities – The House Energy & Commerce’s Environment Panel hosts a hearing Oat 10:00 a.m. Thursday to get a progress report on the chemical facilities anti-terrorism standards.

Forum to Look at Political; Interference in Climate Data – The Center for American Progress holds a discussion on Thursday at 1:00 p.m. on the large amount of high-quality data and analysis needed to understanding climate change and its potential remedies and responses.  Speakers will include former DOE Secretary Ernie Moniz, Rep Paul Tonko and MIT’s Bina Venkataraman, among others.

Forum to Look at Boosting Climate Resilience – On Thursday at 3:00 p.m., the Woodrow Wilson Center holds a discussion with representatives from USAID projects in East Africa on how to build resiliency when facing uncertain future scenarios. Panelists will share tools, technologies, good practices and approaches that are applicable and relevant to ongoing and future USAID bilateral and regional programming.

Congressional Baseball Game – Thursday 7:05 p.m.

DOE Science Heads to CSIS for Forum – The CSIS Energy & National Security Program is hosting a discussion with Paul Dabbar, DOE’s Under Secretary for Science on Friday at 11:00 a.m. Dabbar will discuss DOE’s priorities and the role of innovation in DOE’s mission and the U.S. energy sector broadly.

Forum to Look at Spent Fuel in Sweden – The Global America Business Institute will host a discussion on Friday at 12:00 p.m. on the current status of spent fuel management in Sweden.  This forum will discuss progress and lessons learned.

IN THE FUTURE

University Coalition Heads to CSIS – On Monday June 18th at 2:30 p.m., the CSIS Energy & National Security Program will host Janet Napolitano (President, University of California), Kristina M. Johnson (Chancellor, The State University of New York) and Timothy Carter (President, Second Nature) for a discussion on the recent launch of the University Climate Change Coalition (UC3), the role of research universities in the development of climate action plans, and their own imperatives for a more sustainable energy system.  This spring, UC3 was launched by 13 research university systems in the United States, Canada, and Mexico to mobilize their resources and expertise to inform and facilitate climate solutions in partnership with businesses, local communities, cities, and states.  The coalition will utilize its research base and multidisciplinary approaches to craft innovative climate action plans, develop new energy technologies, and advance climate science.  UC3 will work in partnership with Second Nature’s Climate Leadership Network, a group of hundreds of colleges and universities that have committed to take action on climate change and sustainability actions.  Climate Change and the National and Corporate Interest is a high-level speaker series showcasing a variety of country and corporate perspectives on plausible pathways for pursuing a climate change strategy and why those actions are in their national or commercial interest.

REFF Wall Street Forum Set – The Renewable Energy Finance Forum (REFF) New York City will be held next Tuesday and Wednesday in NYC.  For 15 years, REFF-Wall Street has brought together the biggest investors and developers to drive investment in the renewable energy sector. This year features a special line-up of dynamic speakers, high-level networking opportunities, and the most active players in the renewable energy industry.

RFF Webinar Set to Discuss Electricity Resilience – Resources for the Future (RFF) hold a webinar next Tuesday at 3:00 p.m. focused on the economics of electricity system resilience.  Researchers at Resources for the Future have published previously on decisionmaking on this topic, and on May 30, they co-hosted a workshop with the R Street Institute on economic approaches to identifying and addressing resilience in the bulk power system. This webinar will highlight the timely lessons from that workshop, including definitions of resilience and how it relates to reliability, what’s wrong and what’s right about existing markets and institutions, the role of consumers, and how to decide what to do next.

A careful analysis suggests that current institutions to support system reliability go a long way toward supporting system resilience—and that real threats to reliable electricity supply and quick recovery from outages may lie in other parts of the system, and therefore call for differently targeted measures.

Register to attend the webinar.  Speakers include former AWEA policy chief Robert Gramlich, R Street’s Devin Hartman, RFF’s Karen Palmer and former DOE official Susan Tierney.

CSIS to Host BNEF Energy Outlook – The CSIS Energy & National Security Program is hosting the launch of Bloomberg New Energy Finance’s (BNEF) New Energy Outlook 2018 on Wednesday, June 20th at 10:00 a.m.  NEO 2018 is BNEF’s annual economic forecast for the world’s power sector.  Built over nine months, it is the result of international collaboration between 65 market and technical experts from BNEF’s 11 offices.  For the first time, NEO projects out to 2050, offering 10 more years of data and new insights about the energy transition in the long-term.  Seb Henbest (NEO Lead Author and Head of Europe, Middle East & Africa; BNEF) will present the findings of the NEO 2018, followed by Q&A and discussion led by MIT’s Francis O’Sullivan.

GTM to Host Grid Forum – Greentech Media host Grid Edge Innovation Summit on June 20th and 21st in San Francisco.  The event is an energy conference that will examine the energy customer of tomorrow and how new innovative business models are quickly emerging.  GTM brings together forward thinking and prominent members of the energy ecosystem and as our research team explores the future of the market. Former FERC Chair Jon Wellinghoff will speak along with many others, including our friends Shayle Kann, Julia Pyper and Stephen Lacey.

Duke’s Good to Speak at Women Conference – The Center for Strategic and International Studies is hosting a Smart Women, Smart Power conversation with Duke Energy CEO Lynn Good on Thursday, June 21st at 6:00 p.m.  She will discuss trends impacting the energy industry, the challenges it faces, and the efforts being made to create a cleaner, smarter energy future.  The conversation will be moderated by Fortune’s Nina Easton.

NERO to Honor Scalise, Heitkamp – The National Energy Resources Organization will hold its 2018 Awards dinner on Thursday, June 21st at the Capitol Hill Hyatt.  Awardees will be Majority Whip Steve Scalise and Sen. Heidi Heitkamp.  NERO is a non-partisan organization whose mission is to engage in dialogue on energy issues, recognize outstanding achievements, and promote public awareness.

Chamber to Release Security Index – The U.S. Chamber of Commerce’s Global Energy Institute (GEI) hold a forum to release its 2018 International Index of Energy Security Risk on Thursday July 21st at 3:30 p.m.  GEI President and CEO Karen Harbert will offer remarks followed by a presentation and panel discussion on international energy security challenges moderated by GEI Vice President Steve Eule.  The Index of U.S. Energy Security Risk: Assessing America’s Vulnerabilities in a Global Energy Market is an annual energy risk indicator, which uses quantifiable data, historical trend information, and government projections to identify the policies and other factors that contribute positively or negatively to U.S. energy security. The Index provides a look at energy security retrospectively from 1970 to 2013 and prospectively from 2014-2040. From this data, policymakers and energy professionals can use the Index to track shifts in U.S. energy security over time and assess potential impacts of new policies.

Forum to Look at Climate Finance – On June 22nd at 10:00 a.m., Brookings hosts a panel of experts will provide an update on innovations in multilateral climate finance. John Roome, senior director for climate change at the World Bank, will discuss innovative approaches for supporting clean infrastructure in developing countries, since too often climate effects hit poor people the hardest. Kruskaia Sierra-Escalante, manager of the International Finance Corporation (IFC)’s Blended Finance Unit, will discuss blended concessional finance for the private sector. Brookings Senior Fellow Joshua Meltzer will discuss his latest research on the topic.

World Gas Conference Features Perry, Industry Leaders – The International Gas Union (IGU) hosts the 27th World Gas Conference (WGC 2018) in Washington DC from June 25-29.  The triennial event aims to raise the voice of natural gas while offering timely updates on strategic, commercial and technical issues facing the entire gas value chain and offers the most comprehensive and diverse program to date for the natural gas industry. For the first time ever this includes topics for professionals working in sectors including finance, trading, law, sustainability/renewables, policy/government.  Energy Secretary Rick Perry headlines.

Young Professional Program for World Gas Forum Set – The Young Professionals Program (YPP) will hold a special forum during the World Gas Conference June 25-29 in Washington, DC.  YPP will provide a great opportunity for promising young professionals in the energy sector to learn from top leaders in the natural gas industry and network with their peers throughout the world.  More on this as we get closer.

CSIS Hosts Climate Investments Head – On Tuesday June 26th at 9:00 a.m., the CSIS Energy & National Security Program will host Pratima Rangarajan, CEO of Oil and Gas Climate Initiative (OGCI) Climate Investments, for a conversation on OGCI Climate Investments within the context of the OGCI, why the fund was founded last year, and how and why Climate Investments differentiates itself from other funds. OGCI Climate Investments intends to invest $1 billion over the next ten years to develop and demonstrate innovative technologies which could significantly curb global greenhouse gas emissions.

Mulvaney Headlines Annual CEI Dinner – On Thursday June 28th, the Competitive Enterprise Institute holds its annual dinner and reception at the Marriott Marquis.  National Review’s Jonah Goldberg will be master of ceremonies and keynoter is OMB chief Mick Mulvaney.

JULY 4th HOLIDAY

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.

Duke CEO, CARB Chair, Others Headline POLITICO Summit – POLITICO is hosting its second Pro Summit on July 17th at the Renaissance Hotel. The Pro Summit brings together Pro subscribers, expert reporters, key decision-makers, and others who are shaping the policy landscape for a full day of incisive conversations. Summit speakers include Rep. Joe Crowley, Duke CEO Lynn Good, FERC Chair Kevin McIntyre, Amy Myers Jaffe of the Council on Foreign Relations, Coal CEO Bob Murray, California Air Resources Board Chair Mary Nichols and many others.  Duke Energy is the main event sponsor.

Energy Update: Week of June 4

Friends,

After a fun trip through SoCal (yes, my kids always love that we drive right past things like the San Onofre nuclear plant, San Gorgonio Wind Park and Andeavor’s LA Refineries), we are ready to get back to the action.  Before that though, it is exciting to see the energy in DC and Vegas around the Stanley Cup Finals.  Game 4 tonight…  Don’t think it is quite as exciting in Cleveland and Oakland for the NBA finals, but we should have winners in both NHL and NBA sometime next week.   Finally, get ready for the Belmont on June 16th where Justify will go for the Triple Crown.  Full breakdown next week.

Starting on a sad note today with the news of the passing of our friend Doug Goudie, who was Director of International Government Relations for Pfizer.  Doug passed away last night after a courageous battle with cancer.  Doug was a friend and colleague of many in the trade community. Doug, who also worked at NAM and the Auto Trade Policy Council, leaves behind his wife, Ann McCulloch, and his two young children, Will and Maggie.  If you would like to help Doug’s family, a website has been set up to support the education of Doug’s kids: https://www.gofundme.com/goudie-education-fund, and please keep them in your thoughts and prayers.

The energy narrative this week will be impacted by Friday’s move by the Administration on using national security issues to preserve coal and nuclear plants.  Also, we have also heard the White House may be moving as soon as today on the biofuels agreement to resolve long-standing RFS issues.  More on each of these as necessary.  As you know, we are covering them closely. To that end, Platt’s hosts Joni Ernst tomorrow at 10:00 a.m. for its Energy Podium roundtable.

Outside DC, tomorrow is a big primary day in several states including California, New Jersey and Iowa.  And just flipping on the TV while eating In ‘n Out burgers last week in Cali, you could definitely tell the primary was right around the corner given the commercials.  Also, at the Vatican later this week, Pope Francis convenes a meeting with oil company CEOs, energy investors and former Energy Secretary Ernie Moniz.  Amy Harder had her take on it in Axios. Finally, tomorrow is the UN’s World Environment Day.

The full House will consider the Water Resources Development Act this week. Look for potential Congressional moves on last week’s action on coal/nukes. The House is also expected to take up its first “minibus” package of fiscal 2019 spending bills. A measure that funds the Energy Department and Army Corps of Engineers is being bundled with bills funding military construction, veterans affairs, and the legislative branch. On Wednesday, NM Gov. Susana Martinez appears at House Resources on oil/gas legislation.  Finally on Thursday, a House Energy panel examines ways to improve the hydropower licensing process. While in the afternoon House Science’s energy panel looks at the electric grid of the future in a hearing that features our friend Rob Gramlich.

The biggest event in town this week is today and tomorrow’s EIA Energy Forum on the many changes going on in the electric power and petroleum sectors.   The program will discuss natgas drilling, Appalachian energy industry development and exports of oil and LNG. There also will be talk about electric power system transitions and reliability issues which will lead into discussions around nuclear and coal-fired power plants.  Among the speakers ids will be FERC Chair Kevin McIntyre, NERC reliability chief Mark Lauby and ISO New England CEO Gordon van Welie.

Remember to mark your calendars for NEXT WEDNESDAY when SAFE hold a forum to release a new groundbreaking study with original research on the magnitude of impacts from driverless cars at the Jack Morton Auditorium at the George Washington University.

Finally, while the hurricane season kicked off on Friday, many of you have focused on on-going recoveries in Texas, Florida and Puerto Rico. Let me remind you that our friends at MIT, who are focused on responding to more intense hurricanes through better building resilience and recovery, have a full array of research on these topics and are happy to discuss how they affect communities and policymakers response – especially after last year’s difficult hurricane season in the Southeast and Caribbean.

Best,

Frank Maisano

(202) 828-5864

c. (202) 997-5932

FRANKLY SPOKEN

““I eagerly await the administration’s regulations protecting pagers, fax machines, and Blockbuster.”

Ex-California Gov. Arnold Schwarzenegger, reacting via tweet to the Trump administration’s plans to order grid operators to buy electricity from struggling coal and nuclear plants.

 

ON THE POD

MIT Experts Weigh in on Hurricane, Building Resiliency – The episode of PRG’s podcast The Lobby Shop this week features my interview with MIT resiliency expert Jeremy Gregory discussing the 2018 hurricane season and what vulnerable communities and their resident/policymakers can do to withstand and rebuild in more resilient ways.  Good stuff with the start of the hurricane season slated for June 1.  Check it out ln Stitcher, Apple Podcasts, SoundCloud, and Google Play Music.

FUN OPINIONS

API: Tariffs Hinder Energy Growth –API’s Mark Green argued in an opinion piece in RealClearEnergy that Steel tariffs will create three huge problems for the energy industry that will hinder its growth.  Green said the tariffs will cause higher costs and project delays, questions whether steel manufacturers will increase production and says if steel shipments are delayed, then energy projects will be delayed.

IN THE NEWS

Administration Imposes Tariffs – Secretary of Commerce Wilbur Ross announced on a conference call last week Section 232 tariffs on imports of steel (25% tariff) and aluminum (10% tariff) will be applicable to imports from Canada, Mexico, and the EU. The White House followed shortly by posting new proclamations formally adjusting the tariffs for steel and aluminum.  In addition to removing the exceptions for Canada, Mexico and the EU, the proclamations also formalize the “hard” export quotas that Australia, Argentina, and Brazil have agreed to accept in lieu of 232 tariffs.  My trade expert colleague Josh Zive said this is a significant decision and the economic and diplomatic consequences of it are likely to be significant and complex.  EU and Canada have already promised retaliation against US exports—minutes after Ross’s announcement the EU released a statement outlining $3.3 billion in new tariffs on US products ranging from Harley-Davidson motorcycles to Kentucky Bourbon, and Mexico announced new tariffs on US pork, fruit, and flat steel products.  This retaliation will likely get worse before it gets better as diplomacy moves from bilateral discussions to WTO dispute resolution.  Additionally, it is likely that the prices and lead times for steel and aluminum, already climbing in the wake of the 232 tariffs, will increase at an accelerated pace.  Finally, the Department of Commerce will likely see thousands of new exclusion requests filed, adding to the thousands waiting for action from the agency.  Zive says the actions should be “viewed as a disappointment, but not a surprise.”  He adds the many details surrounding the tariffs require further elaboration, and it is essential that companies harmed by these policies redouble their efforts to educate policymakers and thought leaders about the consequences of this protectionism.

CCS Project hits Key Milestone – NET Power said last week that it has successfully achieved “first fire” of its landmark demonstration plant in La Porte, TX, that is intended to capture all of the carbon from new power plants that can use both coal and natural gas.  The milestone included the firing of a 50MW Toshiba commercial-scale combustor, which involved the integrated operation of the full NET Power process. The combustor will be integrated with the turbine and power will be generated after further testing, with the goal of global deployment of 300MW commercial-scale plants beginning as early as 2021. First fire is a critical milestone for the demonstration plant, as it validates the fundamental operability and technical foundation of NET Power’s new power system.

ClearPath’s Powell Praises NET – If successful, NET Power will greatly simplify the process and equipment needed to produce not just cleaner power, but emission-free power from coal and natural gas. It would emit no carbon and use no water. ClearPath Executive Director Rich Powell explained the Allam Cycle in a recent video, the process used by NET Power, and how it could revolutionize clean energy in the U.S. and globally.

RINs Awarded to Small Refiners after Winning Case – After winning a case to force EPA to grant it a waiver from the RFS, last week EPA said it would grant Sinclair and Holly-Frontier, two refineries that sued over the waivers.  HollyFrontier will receive credits for this year to reverse a denial for a waiver for one of its Wyoming plants dating back to 2015, while Sinclair will receive them for two of its facilities in for 2014 and 2015.  Both companies had challenged EPA’s denials in a federal appellate court in Colorado in 2016. That court in August 2017 ruled EPA had erred in denying Sinclair’s applications for exemptions by being too strict in its definition of disproportionate economic hardship and remanded the case back to EPA to come up with a remedy.

REN21 Report Says Despite New Renewables, Emissions Increased – The latest edition of the Renewables Global Status Report says even as new power installations were dominated by renewables, energy-related carbon emissions rose in 2017.  REN21, a network of governments, nonprofits and academics focused on renewable energy released its annual report and said that renewable power made up 70% of net additions to global power generating capacity in 2017, but energy demand and energy-related CO2 emissions increased substantially for the first time in four years, mainly due to economic growth in emerging economies and population growth.

ON THE SCHEDULE THIS WEEK

FERC Chair Headlines EIA Annual Energy Conference – EIA holds its annual 2018 Energy Conference today and tomorrow at the Washington Hilton.  The program will discuss natgas drilling, Appalachian energy industry development and exports of oil and LNG. There also will be talk about electric power system transitions and reliability issues which will lead into discussions around nuclear and coal-fired power plants.  Among the speakers ids will be FERC Chair Kevin McIntyre, NERC reliability chief Mark Lauby and ISO New England CEO Gordon van Welie.

FERC Commissioners Headline Western PSC Forum – The Western Conference of Public Service Commissioners holds a conference in Boise, Idaho today through Wednesday.  WCPSC is a regional association within NARUC and the conference takes place at the Boise Centre, located in the heart of downtown Boise.  Speakers include Idaho Gov. Butch Otter, FERC Commissioner Cheryl LaFleur and Rich Glick, AGA Richard Myers and Montana PUC Chair Travis Kavulla, among many others.

TX Solar Conference SetSolar Power Texas 2018 will be held today and tomorrow in Cedar Creek, TX at the Hyatt Regency Lost Pines Resort & Spa.  The event looks policy drivers and leading businesses in the region.

New England Energy Conference Set – The New England Energy Conference runs today and tomorrow in N. Falmouth, Mass at the Sea Crest Beach Hotel.  The event brings together industry professionals including generation and transmission companies, project developers and operators, utility representatives, load aggregators and end-users, equipment suppliers, finance and legal experts, risk managers, environmental and engineering professionals, commodity traders and wholesalers, as well as government officials and industry regulators.

Perry Headlines DOE Cyber Conference – Today through Thursday, the Energy Department holds its annual Cyber Conference in Austin at the Renaissance.  The event features keynote speech today from Energy Secretary Rick Perry, a speech from Undersecretary Dan Brouillette tomorrow and many more Panels featuring DOE and industry security experts.

NAS to Look at Nuke Waste, Seismic Activity – Tomorrow at 8:30 a.m., the National Academies host forum on seismic hazards in storing nuclear waste.

EEI Conference Set for SD – The Edison Electric Institute holds its annual convention in San Diego tomorrow through Thursday at the Manchester Grand Hyatt.  Speakers will include Tony Byers of Starbucks, ABC Shark Tank panelist Robert Herjavec and a panel of CEOs including Duke’s Lynn Good, Exelon’s Chris Crane and Berkshire-Hathaway Energy Chair Greg Abel.

Platts to Host Conversation With Ernst – Platts Energy Podium will host a conversation with Sen. Joni Ernst and the future of the US biofuel mandate tomorrow at 10:00 a.m. The Trump administration is preparing to make changes to the RFS that could have big impacts in the oil, biofuel and agriculture sectors. Ethanol credits have plunged 60% since the start of the year. Refinery workers have protested at the US Capitol.  Ernst has been at the negotiating table for several rounds of White House talks on the issue. She is one of Congress’ strongest advocates for farmers and biofuel makers. Ernst will share the latest on the White House deal that would expand sales of ethanol while allowing traders to get renewable fuel credits for ethanol exports.

ITIF to Host Forum on European Innovation Policy – Tomorrow at 10:00 a.m., the Information Technology & Innovation Foundation hosts a panel of experts from Germany, the Netherlands, Sweden, and the United Kingdom as they discuss how their countries are approaching innovation policy and regulation.  Europe has introduced new innovation policies or strategies, many tailored to boost competitiveness in advanced and emerging industries such as clean energy, AI, autonomous driving, advanced manufacturing, and innovative life sciences. Policymakers also are grappling with how to establish enabling regulatory environments to meet social needs such as safety or privacy while encouraging innovators to experiment and allowing new technologies to flourish.

Senate Energy to Look at Fire Outlook, Programs – The Senate Energy Committee holds a hearing tomorrow at 10:00 a.m. on the 2018 Wildland Fire Outlook and Wildland Fire Management programs. Interim Forest Service Chief Vicki Christiansen and Jeff Rupert, director, Office of Wildland Fire, Department of the Interior testify.  On Thursday, Christiansen heads to House Resources on the same topic at 2:00 p.m.

Forum to Look at Nuclear Cooperation with Korea – The Global America Business Institute will host a presentation tomorrow at Noon on U.S.-Korea cooperation in new nuclear markets, looking at opportunities, challenges and imperatives.”

Forum to Look at Transatlantic Energy – The German Marshall Fund of the United States and the Polish Institute of International Affairs host a discussion on Transatlantic energy cooperation tomorrow. The one-day conference at GMF’s Washington, DC office brings together a group of political leaders, government officials, and experts and will provide a platform for debates on key policy issues.

Forum Tackles Iran Policy – The Washington Institute for Near East Policy holds a discussion tomorrow at 12:30 p.m. on the Gulf’s view on Washington’s Plan B for Iran.  The expert conversation and live webcast will look at Washington and its Arab partners’ favorable rhetoric on the new Iran policy, and what concrete actions will curb Tehran’s regional adventurism.

FERC Hosts Quarterly Users Report – The staff of the Federal Energy Regulatory Commission will hold the 5th bi-annual Electric Quarterly Report Users Group meeting tomorrow afternoon starting at 1:00 p.m. This meeting provides a forum for dialogue between Commission staff and EQR users to discuss potential improvements to the EQR program and the EQR filing process. Recent meetings have focused on issues pertaining primarily to EQR filers. However, in the upcoming meeting, staff will also include sessions for those accessing and using EQR data.

Forum to Look at Plastics Crisis – National Geographic hosts a Hill briefing tomorrow at 4:30 p.m. in 485 Russell to discuss its multiyear campaign to raise awareness of the “global plastic crisis.” The event will feature remarks from Sens. Sheldon Whitehouse (D-R.I.), Dan Sullivan (R-Alaska) and NG CEO Gary Knell.

KPMG Energy Conference Set – KPMG’s 16th Annual Global Energy Conference will be held Wednesday and Thursday at the Royal Sonesta Hotel in Houston, Texas. The event features senior energy executives and luminaries to share ideas and gain insights on the current issues and emerging challenges that are shaping the next generation of energy.  Speakers include broadcaster Soledad O’Brien and former Senate Leader George Mitchell, as well as our friends WSJ’s Erin Ailworth, Bloomberg’s Joe Carroll and Reuters’ Ernest Scheyder.

Wilson Forum Talk Transatlantic Energy Cooperation – The Woodrow Wilson Center’s Science and Technology Innovation Program holds a forum on Wednesday at 10:00 a.m. on Transatlantic research Cooperation to protect the Atlantic Ocean. This event will include a visit of the Ocean Plastics Lab which will be in Washington DC.

House Resources Looks at Interior Legislation – The House Natural Resources Committee marks up six bills, including four dealing with Utah focused on Department of Interior issues.  They also will tackle four other bills in the afternoon hearing will that are focused on oil and gas issues.  New Mexico Gov. Susan Martinez and Interior’s deputy assistant secretary for Land and Minerals Management Katharine MacGregor will testify.

FERC, NRC Hold Joint Meeting – The Federal Energy Regulatory Commission (FERC) and the Nuclear Regulatory Commission (NRC) will hold a joint meeting on Thursday at 9:00 a.m. that will consist of discussions between the two sets of Commissioners following presentations by their respective staffs.

Forum, Report to Discuss Renewables – ACORE and the Atlantic Council’s Global Energy Center will host a special event around the U.S. launch of the 2018 REN21 Renewables Global Status Report (GSR) on Thursday at 9:00 a.m.  The event will feature a highlight presentation of the GSR, the most comprehensive annual overview of the global state of renewable energy, followed by a panel discussion on the role of renewable energy, energy storage, and electric vehicles in modernizing the U.S. electric grid. Speakers include REN21 Executive Secretary Rana Adib, EDTA President Genevieve Cullen, AWEA’s Tom Kiernan and our friend Dan Whitten of SEIA.

House Transpo Looks at Arctic Maritime Action – The House Transportation and Infrastructure’s maritime transportation panel looks at the U.S. role in maritime transportation in the Arctic in a hearing at 11:00 a.m. Thursday.

House Energy Looks at Hydro Licensing – The House Energy and Commerce’s energy panel on Thursday at 11:00 a.m. examines ways to improve the hydropower licensing process.

Speakes-Backman to address Women in Energy Leadership – Women of Renewable Industries and Sustainable Energy will host a WRISE DC lunch and learn with Kelly Speakes-Backman, CEO of the Energy Storage Association on Thursday at AWEA at 12:30 p.m.  Kelly is a former Commissioner of the Maryland Public Service Commission, who has spent more than 20 years working on energy and environmental issues in the public, NGO and private sectors.

House Science Panel Looks at Future Grid – On Thursday at 1:00 p.m., the House Science Committee’s energy panel looks at the electric grid of the future in a hearing that features our friend Rob Gramlich, a former AWEA policy chief.  DOE’s Bruce Walker, John Sarro of the Los Alamos Nat Lab and Texas Tech’s Joe Heppert also testify.

Mexico Gas Forum Set for San Antonio – The 4th Mexico Gas Summit will be held in San Antonio, Texas on Thursday and Friday.  The event that brings together internationally recognized industry speakers, investors, government officials, and executives from the energy, infrastructure, and transportation industries. The geographic scope for the event will cover Mexico as a region with a strong focus on Gulf Coast onshore exploration and production, midstream infrastructure and development, natural gas commercialization and the evolving refined fuels market.

Offshore Wind Conference Features Interior, DOE, Industry Officials – New Energy Update holds a conference on U.S. offshore wind development on Thursday and Friday in Boston.  Speakers include Interior’s Walter Cruickshank, DOE’s Dan Simmons, Equinor (formerly Statoil)’s Mike Olsen, Deepwater’s Bryan Martin, Mass Energy/Enviro Affairs Sect Matt Beaton and many more.

USEA Hosts Kenyan Energy Official – On Friday at 9:00 a.m., the U.S. Energy Association hosts Charles Keter, Cabinet Secretary for the Ministry of Energy and Mrs. Rebecca Miano, Managing Director/CEO of KenGen as they discuss the state of the Kenyan energy market and opportunities for expansion and international partnerships. They will also share some of the lessons learned earlier in the week while visiting The Geysers Geothermal Field and Coso Geothermal Field in California.

Forum to Look at Cyber Security – The Lexington Institute holds a forum on Friday at Noon looking at cybersecurity of the electric grid on Capitol Hill in CVC-201.  This forum will be a series of ten-minute back-to-back presentations delivered by subject matter experts. Here is a link to a similar event they held last year.

Forum to Discuss European Clean Energy – The Environmental and Energy Study Institute (EESI) and the Embassy of Germany host a forum on Friday at Noon in G50 Dirksen showcasing how Germany has been successfully integrating clean energy into its electrical grid. Representatives from the public and private sectors on both sides of the Atlantic will discuss parallels between the German and American economies and how the United States may benefit from energy development policies Germany has developed and implemented over the course of its nearly 20 year-long national Energiewende (“energy transition”) program.  Speakers include Thorsten Herdan, Director-General of Energy Policy with the German Federal Ministry for Economic Affairs and Energy, plus representatives of the energy and manufacturing sectors.

Energy Economists to Host Discussion of Bay Runoff – The NCAC of the US Energy Economists hosts its June luncheon on Friday to explore that reality of just how difficult finding a solution to a significant environmental problem might be. And this solution relates to nothing less than fouling Chesapeake Bay by run-off from chicken farms on the DELMARVA. The run-off comes from chicken waste – called “litter” in publications suitable for family reading.  CleanBay Renewables (CBR) was established in 2013 to find alternative uses for chicken litter. And there are lots of them, including jet fuel, facial creams and electricity.  There are lots of problems too. The speaker is Jason Levine, Chief Business Development Officer of CleanBay Renewables. Jason has lived through all of these problems and is ready to break ground on CBR’s first digester, located near Princess Anne, Maryland.

IN THE FUTURE

Forum to Look at Carbon Removal in Climate Efforts – Next Monday at 10:00 a.m., Stanford Woods Institute for the Environment hosts a forum on new research about the range of carbon removal options; especially ecosystem stewardship and approaches that combine bioenergy with carbon capture and storage (CCS). Stanford experts will discuss carbon removal technologies and opportunities for the United States and beyond.  Panelists will evaluate near-term opportunities for deployment across the US. Policy levers include tax credits just revised by Congress in the 2018 Budget Act. These incentives support sequestration of CO2 in geologic storage and make carbon capture from ethanol production facilities profitable. Overall, the discussion will right-size expectations for carbon removal in ambitious climate responses, spanning from constraints at large-scale through to opportunities that exist now.  Keynote Speaker for the event is Bob Perciasepe, former EPA deputy and current President of the Center for Climate and Energy Solutions.

Merrifield Headlines Nuclear Export Forum – Several groups are hosting forum in 2322 Rayburn next Monday, June 11th at 11:00 a.m. to discuss the importance of nuclear experts to the U.S.  Speakers will include former NRC Commissioner and ClearPath advisor Jeff Merrifield on industry/government collaboration, Westinghouse’s Graham Cable on understanding the export market, Nuclear Industry Council CEO David Blee on the export potential for Small Modular Reactors (SMRs) and several more.

Interior Official to Address Energy Policy – The Atlantic Council hosts a conversation on next Monday at Noon with Vincent DeVito, counselor to the secretary for energy policy at Interior. DeVito will focus on the advanced energy aspects of the Trump administration’s “energy dominance” agenda.

Wilson to Host Brazilian Biofuels Experts – Next Monday, the Woodrow Wilson Center hosts a forum at 4:00 p.m. featuring a delegation from the Brazil’s Ministry of Mines and Energy, charged with the new biofuels program implementation, and Brazil’s National Agency of Oil, Natural Gas and Biofuels (ANP).  The group comes to the Wilson Center for a public conversation on RenovaBio. The delegation will be in Washington for meetings with the U.S. government and the private sector to discuss lessons learned from the implementation of the RFS and the LCFS, in order to improve the development and implementation of the new policy in Brazil.  RFA’s Geoff Cooper and UC-Davis Institute of Transportation Studies Director Dan Sperling will also speak.

Hydrogen, Fuel Cell Forum Set for DC – The Fuel Cell and Hydrogen Energy Association will be hosting a full-day forum and showcase next Tuesday, June 12 in Washington, D.C. at the Ronald Reagan Building and International Trade Center with leading executives, experts, and policymakers on fuel cell and hydrogen technology. The forum will bring together key federal and state policymakers, including the Department of Energy and White House, as well as the broader environmental, transportation, and energy communities to raise awareness of the benefits of fuel cell and hydrogen technology. This event will precede the Department of Energy’s 2018 Annual Merit Review.

Forum to Look at Buildings of the Future – As a part of High Performance Building Week 2018, there will be a Congressional briefing on Tuesday June 12th at Noon in 2322 Rayburn seeking recommendation for future buildings.  The National Institute of Building Sciences Consultative Council serves a unique role in the building industry, bringing together representatives from leading organizations that represent all aspects of design, construction, operation and regulation to examine important issues before the industry.  The forum will look at ways to explore how the building industry can and should evolve to meet the changing needs of society and how new technologies and practices can attract a 21st century workforce.  Speakers include Reps. David McKinley and Peter Welch who are Co-Chairs of the High Performance Building Congressional Caucus, as well as our friend Ryan Colker of the National Institute of Building Sciences and several others.  On Thursday in 2226 Rayburn, this same group will also hold an expert discussion focusing on how codes and standards play a significant role in supporting strong, practicable and resilient 21st century infrastructure solutions. These solutions include not only incorporating new technologies – such as 3D printing – into codes and standards, but also recognizing the value of hazard mitigation strategies in assuring that infrastructure and buildings are built to withstand future events.

USEA Forum to Look at USE IT Act – Next Tuesday, June 12th at 1:00 p.m., the U.S. Energy Association hosts a forum on the USE IT Act. In March, Sens. Barrasso, Capito, Whitehouse, and Heitkamp introduced the “USE IT” Act, which would support R&D for innovative carbon capture and use technologies. This workshop will explore the environmental and economic opportunities for innovative carbon technologies — including direct air capture and carbon utilization in building materials and fuels. The conversation will include a discussion of the policy landscape for these solutions, as well as the emerging industry and investment trends in the space.  Speakers will include USDA’s David Babson, C2ES’s Jeffrey Bobeck and Erin Burns of Third Way.

SAFE to Discuss Impact of Self-Driving Technology on Economy, Workforce – On Wednesday June 13th at 8:30 a.m., Securing America’s Future Energy will hold a forum and release a new groundbreaking study with original research on the magnitude of impacts from driverless cars at the Jack Morton Auditorium at the George Washington University.  The study done in collaboration with leading transportation and labor economists focuses on impacts from driverless cars and offers case-study analysis on the economic productivity gains.  It will also offer context on the history of network-scale innovations and the short and long-term impacts on the workforce.  Speakers include Report author J.D. Vance, former Transportation Secretary Rodney Slater, ep. Debbie Dingell, DOT’s Loren Smith ITIF’s Rob Atkinson and CBPP’s Jared Bernstein, all who are actively crafting AV Policy.  For further information, contact Leslie Hayward lhayward@secureenergy.org.

Forum to Look at Boosting Climate Resilience – On Thursday, June 14th at 3:00 p.m., the Woodrow Wilson Center holds a discussion with representatives from USAID projects in East Africa on how to build resiliency when facing uncertain future scenarios. Panelists will share tools, technologies, good practices and approaches that are applicable and relevant to ongoing and future USAID bilateral and regional programming.

Congressional Baseball Game – Thursday June 14th 7:05 p.m.

Forum to Look at Spent Fuel in Sweden – The Global America Business Institute will host a discussion on Friday, June 15th at 12:00 p.m. on the current status of spent fuel management in Sweden.  This forum will discuss progress and lessons learned.

DOE Science Heads to CSIS for Forum – The CSIS Energy & National Security Program is hosting a discussion with Paul Dabbar, DOE’s Under Secretary for Science on Friday June 15th at 11:00 a.m. Dabbar will discuss DOE’s priorities and the role of innovation in DOE’s mission and the U.S. energy sector broadly.

University Coalition Heads to CSIS – On Monday June 18th at 2:30 p.m., the CSIS Energy & National Security Program will host Janet Napolitano (President, University of California), Kristina M. Johnson (Chancellor, The State University of New York) and Timothy Carter (President, Second Nature) for a discussion on the recent launch of the University Climate Change Coalition (UC3), the role of research universities in the development of climate action plans, and their own imperatives for a more sustainable energy system.  This spring, UC3 was launched by 13 research university systems in the United States, Canada, and Mexico to mobilize their resources and expertise to inform and facilitate climate solutions in partnership with businesses, local communities, cities, and states.  The coalition will utilize its research base and multidisciplinary approaches to craft innovative climate action plans, develop new energy technologies, and advance climate science.  UC3 will work in partnership with Second Nature’s Climate Leadership Network, a group of hundreds of colleges and universities that have committed to take action on climate change and sustainability actions.  Climate Change and the National and Corporate Interest is a high-level speaker series showcasing a variety of country and corporate perspectives on plausible pathways for pursuing a climate change strategy and why those actions are in their national or commercial interest.

CSIS to Host BNEF Energy Outlook – The CSIS Energy & National Security Program is hosting the launch of Bloomberg New Energy Finance’s (BNEF) New Energy Outlook 2018 on Wednesday, June 20th at 10:00 a.m.  NEO 2018 is BNEF’s annual economic forecast for the world’s power sector.  Built over nine months, it is the result of international collaboration between 65 market and technical experts from BNEF’s 11 offices.  For the first time, NEO projects out to 2050, offering 10 more years of data and new insights about the energy transition in the long-term.  Seb Henbest (NEO Lead Author and Head of Europe, Middle East & Africa; BNEF) will present the findings of the NEO 2018, followed by Q&A and discussion led by MIT’s Francis O’Sullivan.

GTM to Host Grid Forum – Greentech Media host Grid Edge Innovation Summit on June 20th and 21st in San Francisco.  The event is an energy conference that will examine the energy customer of tomorrow and how new innovative business models are quickly emerging.  GTM brings together forward thinking and prominent members of the energy ecosystem and as our research team explores the future of the market. Former FERC Chair Jon Wellinghoff will speak along with many others, including our friends Shayle Kann, Julia Pyper and Stephen Lacey.

Duke’s Good to Speak at Women Conference – The Center for Strategic and International Studies is hosting a Smart Women, Smart Power conversation with Duke Energy CEO Lynn Good on Thursday, June 21st at 6:00 p.m.  She will discuss trends impacting the energy industry, the challenges it faces, and the efforts being made to create a cleaner, smarter energy future.  The conversation will be moderated by Fortune’s Nina Easton.

NERO to Honor Scalise, Heitkamp – The National Energy Resources Organization will hold its 2018 Awards dinner on Thursday, June 21st at the Capitol Hill Hyatt.  Awardees will be Majority Whip Steve Scalise and Sen. Heidi Heitkamp.  NERO is a non-partisan organization whose mission is to engage in dialogue on energy issues, recognize outstanding achievements, and promote public awareness.

World Gas Conference Features Perry, Industry Leaders – The International Gas Union (IGU) hosts the 27th World Gas Conference (WGC 2018) in Washington DC from June 25-29.  The triennial event aims to raise the voice of natural gas while offering timely updates on strategic, commercial and technical issues facing the entire gas value chain and offers the most comprehensive and diverse program to date for the natural gas industry. For the first time ever this includes topics for professionals working in sectors including finance, trading, law, sustainability/renewables, policy/government.  Energy Secretary Rick Perry headlines.

Young Professional Program for World Gas Forum Set – The Young Professionals Program (YPP) will hold a special forum during the World Gas Conference June 25-29 in Washington, DC.  YPP will provide a great opportunity for promising young professionals in the energy sector to learn from top leaders in the natural gas industry and network with their peers throughout the world.  More on this as we get closer.

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.

Energy Update: Week of May 21

Friends,

Well it was rainy, but the Preakness was about as exciting a race as we’ve seen that had a 2/5 favorite. The sloppy track made for a real mess on the infield, but Justify ran through it, taking early pressure from Derby runner-up Good Magic and then holding off the late-charging Bravazo.  And for the second straight race: winner-winner, chicken dinner in the bet books, although I did get hurt on my tri- and Superfecta boxes by Tenfold’s late charge and Quip’s fade.  All-in-all, a fun day…and with the Belmont 19 days away, I truly question whether we will see a Triple Crown winner this year given Justify’s race inexperience and the grueling grind of three races in 7 weeks.  We’ll see as the field shapes up, but right now I remain skeptical of his ability to go the full mile and a half at Belmont.

So, tonight is a pivotal game for the Caps as they face elimination for the first time, but how about those Vegas Golden Knights. It is so crazy that in their inaugural year they are headed to the Stanley Cup Finals.

Early in the week, we will be very busy with Congress in session pushing hard on Appropriations bills. Tomorrow is the busiest day with House Energy Committee moving several pieces of nuclear legislation at 10:00 a.m. featuring former NRC Commish and ClearPath advisor Jeff Merrifield, while Senate Energy Approps panel marks up the just-passed House Energy Budget at 2:30 p.m.  Also, tomorrow at 10:00 a.m., the Senate Environment Committee will hold a business meeting to move several bills including the USE IT Act, which targets advancing CCS technologies. Then on Thursday, the full Approps Committee will likely move the FY 2019 energy budget bill out to the Senate calendar.

The biggest event off the Hill is Thursday’s CSIS-EPIC nuclear summit that focuses on the future of nuclear.  Other key events feature an EESI-American Biogas Assn forum on biogas/waste management Wednesday and an EESI, rural coops forum on rural communities investments in energy efficiency featuring our friend Curtis Wynne of the Roanoke (NC) Electric Co-op.  Finally, if you are following NAFTA and Mexican trade issues (and you should be given what is currently going on) you will want to head over to the Press Club tomorrow where former Mexican President Vicente Fox will discuss globalism vs nationalism.

We also have heard that Thursday maybe the day that NOAA releases its 2018 hurricane forecast for the season that starts June 1st.  Of course, we are covering that issue aggressively with our friends at MIT, who are focused on responding to more intense hurricanes through better building resilience and recovery.  They have a full array of research on these topics and are happy to discuss how they affect communities and policymakers response – especially after last year’s difficult hurricane season in the Southeast and Caribbean.

Lots of great events out of town this week Including NEI’s annual conference in Atlanta, Clean Energy Ministerials in Denmark, Interior Sect. Zinke and Miss America Cara Mund headlining a North Dakota Oil conference, an Argus NatGas Markets conference in Houston, NOAA’s Global monitoring conference in Boulder and ACEEE Finance Forum in NY.

Finally, Memorial Day weekend starts on Friday, which is the unofficial beginning of Summer.  Expect those trips to the beach and traffic around Annapolis to get a little nuttier, while we finally bust out those linen pants and Tommy Bahama shirts. As well, this week’s signifies the beginning of the summer concert season kicked off by this past weekend’s Rock on the Range show in Columbus.  The performances were pretty awesome including a killer Tool set, pieces of the new Godsmack album and a wonderful tribute by Alice in Chains to Chris Cornell who passed away 1 year ago on Friday.  We are headed Godsmack and Incubus for sure while Stacey is once again headed to Firefly in Delaware in June. It should be a great summer of shows.

No update next Monday as I will be in California all week first at a field hockey tournament and then visiting colleges with Adam.  Enjoy the weekend and please be careful on the roads or wherever you’re headed.

Best,

 

Frank Maisano

(202) 828-5864

c. (202) 997-5932

 

FRANKLY SPOKEN

“Currently, we have no reason to change our fundamental outlook for 2018, a 16.1 billion gallons of ethanol production, 14.4 billion gallons to 14.5 billion gallons of domestic lending and 1.6 billion gallons to 1.8 billion gallons of exports. We saw record exports totaling 512 million gallons in the first quarter, there were a number of new players buying U.S. ethanol including Colombia, Saudi Arabia and Switzerland. Brazil first quarter totaled nearly 240 million gallons.”

Great Plains CEO Todd Becker on their Q1 2018 Earnings Call, highlighting significant production and exports resulting in more than 16 billion gallons of ethanol and having no reason to change the fundamental outlook despite different claims by USDA Secretary Perdue and ethanol lobbyists about demand

 

ON THE POD

MIT Experts Weigh in on Hurricane, Building Resiliency – The episode of PRG’s podcast The Lobby Shop this week features my interview with MIT resiliency expert Jeremy Gregory discussing the 2018 hurricane season and what vulnerable communities and their resident/policymakers can do to withstand and rebuild in more resilient ways.  Good stuff with the start of the hurricane season slated for June 1.  Check it out ln Stitcher, Apple Podcasts, SoundCloud, and Google Play Music.

America Adapts Podcast Archive with Dave Roberts – I found a new podcast last week called America Adapts with Doug Parsons and I really liked it.  It was very well done and featured segments with Climate skeptic gadfly Marc Morano, Vox’s David Roberts, Rolling Stone/climate book author Jeff Goodell and many more great people and topics.  Check out Roberts talking about politics, his career as an enviro writer and climate adaptation.

FUN OPINIONS

Murray: Watch out for International Shipping Fuel Regs – Our friend William Murray has a great op-ed on obscure marine regulations may spike U.S. fuel prices just in time for 2020 election cycle.  Murray argues rules set by the UN-affiliated International Maritime Organization (IMO) that will limit sulfur content in its heavy fuel oil by 2020 could limit supply in much the same way road diesel was limited in 2008. Yet shippers have not upgraded nearly enough ships with the sulfur scrubbers needed (only 250 out of the 60,000 global merchant fleet of ships were upgraded by the end of last year).  So, Murray writes, unless the IMO pushes back on its implementation plans to allow more ships and refiners to upgrade, prices for refined products like gasoline, diesel and home heating oil could start to spike by the winter of 2019 to 2020; just in time for the next presidential election cycle.

IN THE NEWS

President Moves Efficiency Executive Order – President Trump late Thursday issued a new efficiency Executive Order that replaced one signed by former President Obama that sought to reduce federal agencies’ energy use and greenhouse gas emissions.  The change instructs agencies to set their own goals for efficiency and “prioritize actions that reduce waste, cut costs, enhance the resilience of Federal infrastructure and operations, and enable more effective accomplishment of its mission.” The Business Council for Sustainable Energy’s President Lisa Jacobson said the new Executive Order focused on Efficient Government Operations is important to continue to achieve annual building energy and water reductions at federal facilities. She added that the Council strongly supports the Executive Order’s recognition of performance contracting, through Energy Savings Performance Contracts and Utility Energy Savings Contracts, in achieving the goals.

House Approps Move Energy Funding – The House Appropriations Committee approved a sweeping set of resources and program direction to the Department of Energy that would spur advanced nuclear, carbon capture, energy storage and other clean energy technologies. The Senate takes up the bill tomorrow.

The bill:

  • Builds upon direction in the FY18 spending deal for DOE to map out a “moonshot” goal for demonstrating advanced nuclear technologies with the private sector by the mid to late 2020s
  • Directs the energy secretary to launch a department-wide energy storage effort with aggressive performance targets, utilizing the strengths of the agency’s electricity, renewable and science offices to drive down costs and improve performance of grid-scale technologies
  • Prioritizes R&D of new advanced reactor designs by providing $100 million for advanced small modular nuclear reactor R&D, which helps innovative pending designs — such as NuScale Power’s — get up and running on schedule; and $155 million for advanced reactor technologies that could help more advanced technologies being worked on by Terrapower, X-energy and others
  • Includes $65 million for a versatile test reactor design, building off the initial resources provided in the recently-enacted FY18 omnibus for a national lab facility critical to the development of advanced nuclear by private developers
  • Provides up to $20 million for testing of high assay low-enriched uranium (HA-LEU), which will be needed to fuel many advanced nuclear concepts
  • Supports scale-up of carbon capture efforts, including new solicitations for advanced fossil fuel system engineering, and specifically projects that generate emissions suitable for utilization or storage
  • Advances and fully funds the ongoing five-year R&D effort led by DOE’s Energy Innovation Hubs

DOE Rolls out Thermal Solar Opportunity – DOE announced $72 million for new projects to advance high-temperature concentrating solar power (CSP) technologies last week. These projects will extend previous research on high-temperature components, develop them into integrated assemblies, and test these components and systems through a wide range of operational conditions. CSP technologies use mirrors to reflect and concentrate sunlight onto a focused point where it is collected and converted into heat. This thermal energy can be stored and used to produce electricity whenever it is needed. The best commercially available technologies can only reach 565 °C. The high-temperature thermal systems targeted by this program seek to achieve at least 700 °C, which would boost the efficiency and lower the cost of the electricity. If successful, these projects will lower the cost of a CSP system by approximately $0.02 per kilowatt-hour, which is 40 percent of the way to the office’s 2030 cost goals of $0.05 per kilowatt-hour (kWh) for baseload CSP plants.

New ClearPath Video Highlights Nuclear – Speaking of Nuclear, a new whiteboard video from the Clearpath Foundation’s Rich Powell explains that the virtues of the current nuclear fleet – namely its carbon-free power and 24/7 reliability – must be coupled with ever-changing demands of our global energy industry. That includes new technologies that make it smaller and highly scalable for use in cities and remote areas and allow for high-temperature use to decarbonize heavy industrial processes.

WY CCS Testing Up/Running – Wyoming’s Integrated Test Center located at Basin Electric Power Cooperative’s Dry Fork Station near Gillette was dedicated last week.  The carbon capture research facility is a testing space off the back of the operating coal power plant. Five Carbon XPrize finalists — U.S., Canada, India, China and Scotland — will head to the site to put their concepts to capture CO2 from the power plant and convert it to a marketable product to the test. The project launched in 2015 with the Wyoming State Legislature’s approval of $15 million for the design, construction, and operation of the Wyoming ITC. Private partners, including our friends at Tri-State Generation, contributed $5 million. The center is just the second in the country that allows for real-time testing of technology at an active power plant.  Senate Environment chairman John Barrasso sent a letter of congratulation to Wyoming Gov. Matt Mead upon the ITC’s dedication, calling the facility “the future of energy technology.”

National Audubon Joins Carbon Capture Coalition – And speaking of CCS, C2ES said the National Audubon Society will join the Carbon Capture Coalition.  Jeff Bobeck, co-director of the Carbon Capture Coalition and director of energy policy engagement at C2ES said Audubon is among the oldest, most recognized, and widely respected voices for conservation, and its unique perspective will be a valuable addition to the coalition. Audubon’s commitment to solving climate change is rooted in a devotion to ensuring continued biodiversity, and its support illustrates a growing awareness that carbon capture is an essential and necessary tool to meet mid-century climate targets.

ON THE SCHEDULE THIS WEEK

ACEEE Finance Forum Underway – The American Council for an Energy-Efficient Economy holds its 2018 Energy Efficiency Finance Forum on Tarrytown, NY today and tomorrow.  The keynote speaker today is Richard Kauffman, Chairman of Energy and Finance for New York.  Kauffman joined the governor’s office in 2013 as the state’s first Chairman of Energy and Finance for New York and was known as the “Energy Czar.”  Tomorrow, Matthew Arnold, Managing Director and Global Head of Sustainable Finance at JPMorgan Chase will keynote.  Matt leads the firm’s client engagement on sustainability across all sectors globally.

NEI holds its 65th Annual Industry Conference and Supplier Expo – the Nuclear Energy Assembly (NEA) – in Atlanta today through Wednesday.  The yearly conference of the nuclear technologies industry brings together industry leaders from all levels and this year is joined with the annual meeting of the North American Young Generation in Nuclear (NAYGN), which celebrates the future of nuclear energy.  Speaker include Mike Allen, co-founder and executive editor of Axios, on the 2018 midterm elections; Jay Wileman, president and chief executive officer of GE Hitachi Nuclear Energy, will lead a discussion on how the industry is fostering innovation and leading the advance of new nuclear technologies; and former Secretary of Energy Ernest Moniz on the strategic importance of a robust nuclear industry for the country.

Argus Gas Conference Looking at NatGas Demand, Supply Chain – Argus holds its North American Natural Gas Markets Conference today though Wednesday in Houston.  Keynote Speaker is Williams CEO Alan Armstrong.  The event will look at the future of North American natural gas supply and production outlooks for the Permian, Marcellus and Utica; global LNG market trends; US exports and trading developments; mitigating political hurdles and the future of natural gas in an uncertain regulatory environment, and many other issues.

NAS Hosts Small Business Meetings – The National Academy of Sciences’ Board on Science, Technology and Economic Policy will meet today and tomorrow to review the Small Business Innovation Research and Small Business Technology Transfer Programs at the Department of Energy Review.

Clean Energy Ministerial Set for Denmark – Tomorrow through Thursday, the 9th Clean Energy Ministerial will be held in Copenhagen.  It is jointly hosted by Denmark, Finland, Norway, Sweden, the Nordic Council of Ministers and the European Commission representing the European Union.  The gathering features the world’s largest economies discussing deployment of clean energy technologies. Deputy Energy Secretary Dan Brouillette, representatives from Idaho National Lab and Nuclear Energy Agency and ClearPath Executive Director Rich Powell will be participating in an official side event at the ministerial. Deputy Secretary Brouillette and Assistant Secretary for Fossil Energy Steven Winberg will be participating in another official side event at the ministerial launching a new effort to promote and expand carbon capture technologies. Senior officials from Norway, the International Energy Agency, Saudi Arabia, Japan, United Kingdom and Occidental Petroleum are among other participants.

Holdren Addresses NOAA Global Monitoring Conference – The National Oceanic and Atmospheric Admin (NOAA) holds its 46th Global Monitoring Annual Conference tomorrow and Wednesday in Boulder Colorado.  The conference is part of NOAA’s continuing effort to stay abreast of recent observations concerning trace gases, aerosols, radiation, ozone, and climate forcing and to provide a forum in which these observations can be relayed and discussed.  Speakers will be presenting the ESRL monitoring and research results of the past year. The meeting is not limited to ESRL reports and includes observations related to these themes by both independent and cooperative investigators, and other national and international programs.

Columbia Forum to Look at IEA Oil Forecast to 2023 – The Center on Global Energy Policy holds a presentation and discussion at the Princeton Club of NY at 9:30 a.m. tomorrow looking at IEA’s report Oil 2018 – Analysis and Forecasts to 2023. The event will feature Neil Atkinson, IEA’s ‎Head of the Oil Industry & Markets Division. Oil 2018 is the IEA’s annual five-year forecast of global oil demand, supply refining, and trade.  Oil 2018’s analysis of the market examines a wide range of other important issues and uncertainties including the implications for oil demand of the 2020 IMO marine fuel regulations, growth of the global petrochemicals sector, a rising of electrification in China’s transport fleet, decline rates in key oil producing countries, crude quality issues arising from the rapid increase in US production, investment needs in North American takeaway capacity, implications for global refining of the looming capacity surplus and more trends in global oil trade.

Zinke, Miss America Headline ND Gas Conference – The Williston Basin Petroleum Conference is set for Bismarck, North Dakota tomorrow through Thursday and will feature a keynote by Interior Secretary Ryan Zinke on Wednesday.  Other speakers include ND Gov Doug Burgum, videos from ND Sens. Hoeven and Heitkamp, as well as Rep Kevin Cramer, Harold Hamm, Miss American Cara Mund and many more.

House Energy to Look at Nuclear Legislation – The House Energy and Commerce Subcommittee on Energy will hold a legislative hearing tomorrow on draft bills to propel “micro reactors” at military and national security facilities and expand the availability of advanced nuclear fuels. A draft bill from Rep. Bill Flores (R-Texas) would direct the Energy Department to establish a program supporting availability of HA-LEU via public-private partnerships to address regulatory and market challenges. A second draft bipartisan bill led by from Rep. Joe Wilson (R-S.C.) would require the secretary of energy to report on key components of a pilot program to site, construct and operate “micro reactors” at critical Defense Department or Energy Department national security facilities.  The hearing also looks at the NUKE Act (H.R. 1320) from Reps. Adam Kinzinger (R-Ill.) and Mike Doyle (D-Pa.), which would streamline Nuclear Regulatory Commission licensing and update NRC’s fee structure by limiting how much NRC can collect for overhead costs tied to running the agency to ensure adequate funding is spent to develop a regulatory framework for advanced reactors without overcharging.  Witnesses include NNSA’s Brent Park, DOE Office of Nuclear Energy head Ed McGinnis as well as ClearPath adviser and former NRC Commissioner Jeff Merrifield, URENCO USA President Melissa Mann, President, Nick Irvin of Southern Company and UCS’s Ed Lyman.

Forum to Look at US-Ukraine Energy Security – The Wilson Center and Kennan Institute will hold a forum tomorrow at 11:30 a.m. featuring a discussion on US-Ukraine energy cooperation.  The discussion will focus on strengthening Ukraine’s energy security.

Fox to Address Trade, Immigration, Trump – The National Press Club will host a Headliners Luncheon tomorrow featuring former Mexican President Vicente Fox.  Fox will deliver an address entitled “Democracy at the Crossroads: Globalization versus Nationalism”.  Fox, a right-wing populist representing the National Action Party (PAN), was elected as the 55th President of Mexico on December 1, 2000. Winning with 42% of the vote, Fox made history as the first presidential candidate in 71 years to defeat the Institutional Revolutionary Party (PRI). Fox’s administration focused chiefly on improving trade relations with the United States and maintaining Mexico’s growing economy. Fox left office in 2006, and in a break with his country’s cultural norms and traditions has remained in the public eye post-presidency and has not been shy about expressing his views and opinions.

Forum Spotlights Rural Co-Ops – The Partnership for Advancing an Inclusive Rural Energy Economy, a collaboration between the National Cooperative Business Association CLUSA and the Environmental and Energy Study Institute will hold a livecast tomorrow at 1:00 p.m. to look at how rural electric cooperatives are delivering cutting-edge inclusive energy efficiency programs for their members–saving them money while supporting local economic development.  This livecast will include information about the U.S. Department of Agriculture’s Rural Utilities Services (RUS) loan program that co-ops can take advantage of to help deliver these benefits.  Livecast speakers include Doug O’Brien of the National Cooperative Business Association CLUSA, Roanoke Electric Cooperative CEO Curtis Wynn and Mike Couick of the Electric Cooperatives of South Carolina.  Roanoke Electric’s “Upgrade to $ave” program and the “Help My House” program available to South Carolina’s co-ops offer on-bill financing to help members afford cost-saving home energy upgrades. With on-bill financing, members repay their co-ops over time as part of their monthly electric bills, and the programs are designed so that members of all income levels can participate.

House Foreign Affairs to Look at Oil, Gas Competitiveness – The House Foreign Affairs Committee will hold a hearing tomorrow at 2:00 p.m. to examine the global implications of increased U.S. oil and gas competitiveness and how it could be utilized to strengthen American foreign policy.  Ken Medlock of the Rice University Baker Institute, GTI’s David Carroll, CSIS’s Sarah Ladislaw and Samantha Gross of the Brookings Institute will testify.

Senate Energy Approps Subpanel – Mark up of the FY 2019 budget at 2:30 p.m. in SD-138

Forum to Look at India Clean Energy Transition – The World Resources Institute holds a forum on Wednesday at 10:00 a.m. looking at India’s transition to a low-carbon economy.  The event features a keynote by former World Bank, IMF exec Montek Singh Ahluwalia.  WRI’s Andrew Light and Christina Chan will join a discussion after.

Forum to Look at Waste Energy – The Environmental and Energy Study Institute (EESI) and the American Biogas Council (ABC) hold a briefing on Wednesday looking at the numerous challenges posed by organic wastes-to human health, water and air quality, and to businesses that must manage these wastes-and how anaerobic digestion offers solutions to these pressing issues. Anaerobic digestion is the process of converting organic materials, typically viewed as wastes, into usable products, including biogas, renewable natural gas (RNG), as well as valuable organic fertilizer and compost. These biogas systems turn a waste management issue into a revenue opportunity for America’s farms, dairies, food processing, and wastewater treatment industries.  Speakers for this forum will discuss the tremendous opportunities for rural and urban communities alike to use anaerobic digestion to foster healthy communities and businesses.

Forum to Look at European Energy Security – The Atlantic Council holds a discussion on Wednesday at 3:00 p.m. in 138 Dirksen looking at European energy security. The forum will feature conversation topics such as the energy transition, Nord Stream 2, and the role of gas in bolstering European energy security and the US-Europe energy relationship. Senate Foreign Relations Chair Ron Johnson and H.E. Prof Zdzisław Krasnodębski, Vice President of the European Parliament, will each provide keynote remarks, followed by a panel discussion featuring speakers from both sides of the Atlantic.

Senate Hosts Pompeo to Discuss State Budget – The Senate Foreign Relations Committee holds a hearing to examine the President’s proposed budget request for fiscal year 2019 for the Department of State Thursday at 10:00 a.m.  Secretary Pompeo will testify.

Senate Full Approps Committee – Mark up of the FY 2019 budget at 10:30 a.m. in SD-106

CSIS, EPIC to Hold Nuclear Forum – CSIS and the Energy Policy Institute at the University of Chicago (EPIC) will hold a half-day public conference on Thursday afternoon to address pressing questions in an effort to better understand the potential future of U.S. nuclear power. Nuclear energy faces an uncertain future in the United States as the fuel is beset by fierce competition from natural gas and renewable energy in many markets. Coupled with failure to deliver new projects on time and at cost, along with a public sensitive to operational safety, existing and future nuclear power generation is at risk in the United States.

GBC Looks at Positive Energy Buildings – The U.S. Green Building Council will hold its 2018 Building Tech Forum on Thursday at 5:30 p.m. net positive energy buildings.  Green technology firms and building product companies will discuss cutting-edge research and products to support net positive energy buildings. Presenters will discuss advances in building technologies during education tracks, including case studies, equipment, products, renewable energy innovations and more.

IN THE FUTURE

MEMORIAL DAY – May 28th

Press Club Hosts Fox News Anchor – Bret Baier, chief political anchor for Fox News Channel and the anchor and executive editor of “Special Report with Bret Baier,” will share his latest book, “Three Days in Moscow: Ronald Reagan and the Fall of the Soviet Empire,” at a National Press Club Headliners Book Event on Tuesday, May 29th, at 7:30 p.m. in the Club’s conference rooms. In “Three Days in Moscow” Baier uses the 1988 Moscow Summit, Reagan’s pivotal final meeting with Communist Party Leader Mikhail Gorbachev, to examine the life and legacy of Reagan and his arduous battle with the Soviet Union through a new lens.

Stern, Grumbles to Speak at WRI Paris Look Back – The World Resources Institute holds a forum on Wednesday May 30th at 2:30 p.m. on the one-year anniversary of the US withdrawal from Paris.  The WRI event will reflect on the state of climate action in the United States and internationally. The discussion will feature remarks by Todd Stern, former U.S. Special Envoy for Climate Change at the U.S. Department of State, and former EPA official Ben Grumbles will address the topic. This event will be a time to look at what has happened on climate action since the announcement — both where has there been progress and what more needs to be done at the local, national and international levels.

Atlantic Council Cyber Security Exercise to Look at Vulnerabilities – The increasing complexities of the globalized supply-chain system has introduced myriad new threat vectors for intentional and unintentional compromise of integral components, ‘unintended taint’, the flaws in software unintentionally built into products, is of particular concern. It is of vital importance that we recognize and understand this very significant and credible threat to the uninterrupted functionality of critical infrastructure within the energy sector.  Consequently, the Atlantic Council’s Cyber Statecraft Initiative will hold an exercise next Wednesday May 30th at 4:00 p.m. to model a downstream petroleum refinery that will be manipulated in real-time, demonstrating how vulnerabilities in the supply-chain can be affected, followed by a discussion engaging key experts and stakeholders for a progressive and solutions-oriented discussion on how to appropriately identify and mitigate these underappreciated threats to the energy sector.

WVU Research to Look at Coal Drainage for Rare Earths – On Thursday, May 31st at 10:00 a.m., the US Energy Association holds a forum on coal mine drainage as a domestic source of rare earth elements.  Rare Earth elements are essential for advanced technologies from smartphones and robots to national defense systems. The rare earth metals have remarkable chemical properties but are so evenly dispersed throughout the earth’s crust that economically attractive concentrations are extremely rare. As a result, the U.S. imports nearly all its rare earth elements from China. Fortunately, researchers at West Virginia University, led by Water Research Institute director Paul Ziemkiewicz, have found that acid mine drainage from Appalachian coal mines naturally concentrates rare earth elements and the metal residues contain readily recovered concentrations that match many of the world’s best deposits.  Current research, supported by USDOE’s National Energy Technology Laboratory and industry, is developing extraction technology to set the groundwork for a domestic rare earth industry.

WCEE Hosts Solar Jobs Forum – The Women’s Council on Energy and the Environment will hold a lunch and learn on Thursday May 31st looking at solar jobs.  The Solar Foundation’s National Solar Jobs Census 2017 found that there were over 250,000 Americans employed in the solar industry, a 3.8% decline from the previous year. Despite the decrease, long term trends have been strong.  Experts Zoe Ripecky (The Solar Foundation), Kerene Tayloe (Green For All), Emma Rodvien (Solar United Neighbors), and Madison Freeman (Young Professionals in Foreign Policy) will join together for a discussion of solar jobs and their impact on communities around the U.S. This will include an overview of the findings of the Solar Jobs Census, as well as a discussion of best practices for expanding diversity in the industry, economic impacts of solar deployment, and how current policies will impact solar jobs.

FERC Commissioners Headline Western PSC Forum – The Western Conference of Public Service Commissioners holds a conference in Boise, Idaho ion June 3rd through 6th.  WCPSC is a regional association within NARUC and the conference takes place at the Boise Centre, located in the heart of downtown Boise.  Speakers include Idaho Gov. Butch Otter, FERC Commissioner Cheryl LaFleur and Rich Glick, AGA Richard Myers and Montana PUC Chair Travis Kavulla, among many others.

FERC Chair Headlines EIA Annual Energy Conference – EIA holds Its annual 2018 Energy Conference on June 4th and 5th at the Washington Hilton.  FERC Chair Kevin McIntyre will keynote the event.

Hydrogen, Fuel Cell Forum Set for DC – The Fuel Cell and Hydrogen Energy Association will be hosting a full-day forum and exposition on Tuesday, June 12 in Washington, D.C. at the Ronald Reagan Building and International Trade Center with leading executives, experts, and policymakers on fuel cell and hydrogen technology. The forum will bring together key federal and state policymakers, including the Department of Energy and White House, as well as the broader environmental, transportation, and energy communities to raise awareness of the benefits of fuel cell and hydrogen technology. This event will precede the Department of Energy’s 2018 Annual Merit Review.

SAFE to Discuss Impact of Self-Driving Technology on Economy, Workforce – Securing America’s Future Energy will hold a forum and release a new groundbreaking study with original research on the magnitude of impacts from driverless cars at the Jack Morton Auditorium at the George Washington University.  The study done in collaboration with leading transportation and labor economists focuses on impacts from driverless cars and offers case-study analysis on the economic productivity gains.  It will also offer context on the history of network-scale innovations and the short and long-term impacts on the workforce.  Report author J.D. Vance, former Transportation Secretary Rodney Slater, current legislators and DOT officials who are actively crafting AV Policy will all speak.  For further information, contact Leslie Hayward lhayward@secureenergy.org.

GTM to Host Grid Forum – Greentech Media host Grid Edge Innovation Summit on June 20th and 21st in San Francisco.  The event is an energy conference that will examine the energy customer of tomorrow and how new innovative business models are quickly emerging.  GTM brings together forward thinking and prominent members of the energy ecosystem and as our research team explores the future of the market. Former FERC Chair Jon Wellinghoff will speak along with many others, including our friends Shayle Kann, Julia Pyper and Stephen Lacey.

Young Professional Program for World Gas Forum Set – The Young Professionals Program (YPP) will hold a special forum during the World Gas Conference June 25-29 in Washington, DC.  YPP will provide a great opportunity for promising young professionals in the energy sector to learn from top leaders in the natural gas industry and network with their peers throughout the world.  More on this as we get closer.

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.

Energy Update: Week of May 14

Friends,

While I always love the NHL hockey playoffs, now, I’m really excited after last night’s Caps victory.  Still six wins to go though and that is a loooooong way!

This week is Preakness Week and the FULL Preview is below. You can take your winnings from listening to me before the Derby and double your money. It is hard to see how Justify doesn’t take this race, especially given the smaller 8-horse field and the fact the favorite wins this race more than 50% of the time.  It looks like it will be another wet one though which didn’t slow Justify at the Derby.  Our friend Scott Dance of the BaltSun has the forecast.  Wow… and only 5 days to the big wedding (and yes, NO CHANCE I am previewing it). I’m just glad it’s early enough to not impact Preakness.

So last week was Hurricane Preparedness Week and I just wanted to remind you with the 2018 Hurricane Season fast approaching (June 1), you should remember the experts at MIT have a significant amount of really interesting research pushing the frontier of building materials use, with implications for policymakers, building designers, communities, and the vulnerable residents of hazard-prone areas.  They have a cool, MIT-developed Break-Even Mitigation Percent (BEMP) tool which calculates the BEMP for eastern U.S. coastal communities prone to damage from hazards related to hurricanes. Along those lines, the American Institute of Architects hosts a discussion tomorrow at 5:00 p.m. to provide design and recovery insights from architects who served as responders following hurricanes last year.

This week is Infrastructure Week, and the action kicked off this morning at Union Station and carries on each day, while Axios hosts an event tomorrow morning with Sen. Inhofe.  In the MIT vein, I am reminding you about a recent study using data from the very same MIT research group that says incorporating a life-cycle cost analysis (LCCA) provision into federal infrastructure legislation could save taxpayers $91 million for every $1 billion spent on projects.

On the Hill, it is Scott Pruitt week again.  A second great hearing this week on Wednesday includes EPA Air chief Bill Wehrum, former EPA air office head Jeff Holmstead, NAM’s Ross Eisneberg, NRECA’s Kirk Johnson and several others to discuss the NSR reforms being suggested by the EPA.

Finally, the Farm bill will likely see a vote this week.  The bill reauthorizes various commodity, trade, rural development, agricultural research, and food and nutrition programs and will likely get some attention given the current RFS battles.  Stay tuned…

Out on Friday… Going to pick up Hannah at Wellesley as SHE HAS FINISHED HER 2nd year.  OMG!! Call with questions.  Best,

Frank Maisano

(202) 828-5864

c. (202) 997-5932

THE PREAKNESS

Now that the Kentucky Derby has come and gone, we have officially entered Triple Crown season. Justify put together a powerful showing despite ugly track conditions to win the Derby and emerge as the horse to beat at the 2018 Preakness Stakes.

Justify’s run firmly established him as the early/heavy favorite in Baltimore.  A field of 8 horses will take to the track on Saturday at Pimlico Race Course in Baltimore.   The smaller field will make it a lot easier for Mike Smith to get Justify on the lead without traffic/trouble.

Quip and Sporting Chance will be new in the field, while Derby runner-up Good Magic, Bravazo and Lone Sailor return.  Magic was a strong second but could not close on Justify while fresh making it hard to imagine he could be stronger with only two weeks rest.  Bravazo definitely overachieved with his strong finish at the Derby and could also push, but don’t count on it.  Lone Sailor contended in Louisville but faded down the stretch so he seems to be unlikely to challenge.

The expectation that Justify would face a majority field of fresh, rested horses faded some with the small field.  Again it seems some are waiting for the longer Belmont to be a fresh spoiler. Even so, Justify is a likely to be a heavy favorite (right now he is 1-2).

Justify is 4-0 in his career and just the ninth undefeated Derby winner in history. He also became the first horse since Apollo in 1882 to win the Derby after not competing as a two-year-old, breaking sports’ longest existing curse.  But even after his stellar performance at Churchill Downs, they still have to run it.

The shorter Preakness will probably still be muddy with rain expected here all week, but Justify conquered a very muddy and wet Churchill Downs track. Finally, the last four Baffert horses that have won the Derby, have also won the Preakness.

As for other challengers, Quip was the runner up in Arkansas and could hurt Justify with his speed, especially on a soggy track, but he is owned by the same group as JustifySporting Chance is a good long shot if you’re looking for that.  He ran the Pat Day Mile on Derby Day and looked strong despite his 4th–place finish.  Other horses in the field will include Diamond King, Tenfold and Pony Up.  Each of those will be fresh which makes them potentially dangerous, but a wet track tends to limit sleepers’ chance to surprise. King is a local winner here in Maryland; Tenfold comes from the pedigree of 2007 Preakness Champ Curlin, won a couple of minor races earlier this year, but finished a distant 5th to Magnum Moon and Quip in Arkansas.  Pony Up is in the Seattle Slew/AP Indy lineage and placed 3rd behind My Boy Jack at Keeneland in mid-April.

Some Good Preakness Facts

The Race: This is the 143rd Preakness Stakes. The Preakness is older than the Kentucky Derby but rarely gets credit for it. The Preakness was first run in 1873, two years before the first run for the roses. But since the Preakness wasn’t run from 1891-1893 this year is the 143rd Preakness and the 144th Derby.

Distance: 1  3/16 mile (the shortest of the Triple Crown Races) or 9½ furlongs.

The Track: The Pimlico Race Course first opened in Baltimore, Maryland on Oct. 25, 1870. It is the second oldest racetrack in the country, behind only Saratoga in Saratoga Springs, New York.  Pimlico was originally built so former Maryland Gov. Oden Bowie and his friends, horse racing enthusiasts, could race horses against one another. At a dinner party in 1868, Bowie and his friends agreed to hold a race in two years where the winner would host the losers for dinner. Despite both Saratoga and the America Jockey Club wanting to host the event, Bowie decided to build a brand new racetrack in his home state of Maryland for the occasion.

The Drink: In my Derby Preview, I slept on the Mint Julip and many of you reminded me of that important tradition.  Therefore, here is the recipe for the Black-Eyed Susan, the official drink of the Preakness. The official ingredients include:

  • 1½ ounce of Effen vodka
  • 1 ounce of Makers Mark Bourbon
  • 2 ounces of Orange Juice
  • 2 ounces of sour mix
  • Garnish with an orange and cherry

Post time: 6:18 p.m. EST

Weather: Rain all week with potentially 3 to 4 inches in Central Maryland.  Rain on race day.

Purse: $1.5 million with winners taking home 60% ($900,000). Top five get $$$. The Winner also receives a blanket of Black-Eyed Susans 18-inches wide and 90 inches long.  It takes 8 hours to make the blanket.

Posts: Positions #5 and #6 have each seen two horses win since 2008. Curlin won from the #4 post in ’07, but last year’s Derby winner Always Dreaming bombed from there despite 13 winners in the past 114 years. Somewhere in the middle has been consistently the best spot, but the lowest numbers have been kind of late. American Pharoah won from No. 1 on its way to the Triple Crown in ’15, following California Chrome from No. 3 in ’14. Last year Cloud Computing shocked everyone out of No. 2.  Again, the small size of the field and wet track may make this less important.

Odds:

  • Justify 1-2
  • Good Magic 3-1
  • Quip 12-1
  • Bravazo 18-1
  • Tenfold 20-1
  • Pony Up 25-1
  • Sporting Chance 28-1
  • Diamond King 28-1
  • Lone Sailor 30-1

Picks:                  WinJustify; PlaceQuip; ShowSporting Chance

Super Box:         Add – Good Magic

Sleeper Note:    Don’t be surprised if Bravazo once again sneaks into the mix.

Longshots:         Definitely lay the $2 on Sporting Chance

 

FRANKLY SPOKEN

 

Terrific final decision from @POTUS meeting: E15, year-round plus RINs for all exports. This is a WIN-WIN for everyone. More corn will be sold (good for farmers), plus lower RINs (saves blue-collar refinery jobs), plus more ethanol exports (good for America).”

Sen. Ted Cruz on Twitter after a meeting at the White House with President Trump, EPA head Pruitt, Ag Sect Perdue and Sens. Toomey, Grassley and Ernst.

 

ON THE POD

Energy Gang Discussed New Tech Investments with Statoil –On a recent Energy Gang podcast, our friends at GTM talked with the executive in charge of Statoil’s new energy investments, Stephen Bull.  Statoil is the largest operator of oil and gas rigs around the world. Consequently, the company’s biggest low-carbon investments are offshore: floating wind farms and distributed carbon capture and storage. Bull chats with The Energy Gang about the performance of floating wind, the economics of CCS, and whether oil companies are investing enough in their new energy divisions.

FUN OPINIONS

Cruz Talks Iran, NK, Biofuels on Fox – Late last week, Senator Cruz addressed the White House meeting on the RFS on Fox News saying “the President is saving tens of thousands of jobs” by fixing the broken RINs program.  See it here: http://video.foxnews.com/v/5783087431001/?#sp=show-clips

IN THE NEWS

Chamber Energy Group Rolls out New Energy Innovation Initiative – The U.S. Chamber of Commerce’s Global Energy Institute has launched a new multi-platform initiative to highlight energy innovation efforts by industry. The EnergyInnovates tour kicks off with Alabama Power’s Smart Neighborhood, a partnership that includes Southern Company and Oak Ridge National Laboratory which employs a microgrid capable of reliably powering a community with solar, batteries or a backup natural gas generator.

Barclays Says Ethanol Exports Will be a Better Policy – Barclays Capital weighed in on ethanol exports saying in a report that the proposal export RINs would be a better solution to fix the Renewable Fuel Standard than year-round E15 gasoline.  Barclays note said the drop in ethanol RIN prices by more than 50% year to date was largely due to the series of 2016 and 2017 waivers provided by the EPA, which has functionally reduced RIN demand. However, retroactive waivers, while offering temporary price relief through balancing RIN supply/demand, are not a structural or sustainable solution.  They also added the “possibility of ethanol exports being counted toward the RIN requirement could potentially solve the RIN deficit issue and lead to a structurally much lower RIN price.”

EPA Looks to Build Economics Into NAAQS Decisions – Last Week, EPA said it will overhaul how it reviews national ozone limits by considering a range of adverse effects including economic and energy-related ones. Administrator Scott Pruitt signed a memorandum kicking off the agency’s review of the latest National Ambient Air Quality Standards for ozone, established in 2015 with the aim of finalizing a decision to reconsider, modify or maintain the NAAQS within the five-year window mandated by the Clean Air Act. The current ozone NAAQS stands at 70 parts per billion.  The Chamber’s Dan Byers said “EPA’s NAAQS process has long been in need of improvement. The announcement signals a new approach focused on key statutory duties and regulatory flexibility, which should lead to a better process that won’t impede economic growth.”

Chamber Blog Highlights Jobs Benefits of HFC Reduction – Remember last week’s announcement regarding economic impacts of the Kigali amendment to limit HFCs, the Chamber penned a blog.

UTC Members Elect SoCo’s Bryant as New Board Chair – Energy and water utility representatives across the U.S. approved a new slate of officers to lead the Utilities Technology Council (UTC).   At UTC’s Annual Telecom & Technology Meeting today in Palm Springs, Calif., UTC’s core members elected Roger Bryant, IT Project Manager, Telecom Services at Southern Company Services, as its new Chairman of the Board. Mr. Bryant succeeds Immediate Past Chair Kathy Nelson of Great River Energy.  UTC members also elected Greg Angst, Engineer in the Telecom Design Group at CenterPoint Energy, as its Vice Chair, and Kevin Huff, Telecommunications Operations Manager at Salt River Project, as its Secretary/Treasurer.

GTM Looks at Trends in Solar – A new report from GTM says – In the last five years – the cost of solar has fallen 48% and annual global solar installations are now total 100 gigawatts. In a presentation at Solar Summit earlier this month, GTM Research’s Scott Moskowitz highlighted current trends in solar PV technology like the rise of 1,500 volt systems and three-phase inverters overtaking central inverters. He also went on to provide an outlook on PV system prices.

ON THE SCHEDULE THIS WEEK

Forum to Look at China Nuclear – The Carnegie Endowment for International Peace will host a forum and launch of “The Future of Nuclear Power in China” today at 2:30 p.m. The groundbreaking new report, “The Future of Nuclear Power in China,” identifies and analyzes the challenges facing Chinese decision makers in developing and deploying nuclear power technology through mid-century. Speakers will include Mark Hibbs and Jane Nakano will discuss. James Acton will moderate.

Citi Energy Conference Set – Today through Wednesday, the Citi Global Energy & Utilities Conference is held in Boston and Cambridge, Mass. Participants include executives from Hess Corp., Devon Energy and other companies.

Axios to Host Infrastructure Discussion – Axios’ Mike Allen will host conversations on the news of the day and how it relates to Infrastructure Week tomorrow morning at 8:00 a.m. at AJAX.  The event will feature Sen. Jim Inhofe, DC House Del. Eleanor Holmes Norton and Austin Mayor Steve Adler, who chairs the U.S. Conference of Mayors Subcommittee on Highways.

ITA Holds Enviro Tech Forum – The International Trade Administration holds a meeting of the Environmental Technologies Trade Advisory Committee tomorrow.  The agenda includes optimizing the government’s trade promotion programs; identifying market access barriers; discussing pros and cons of existing trade agreements; discussing foreign procurement policy, including issues with financing mechanisms; discussing localization requirements and non-tariff barriers; and making recommendations to the secretary.

Women in Green Power Forum Set – The US Green Business Council- National Capital Region holds its 3rd annual Women in Green Power Breakfast at The Hamilton tomorrow morning.  The event celebrates women in local sustainability who are at the top of their game. Get inspired at this critical time for environmentalism and feminism. Through facilitated networking and a panel discussion featuring local Women in Green, the event will explore the complexities of women’s leadership and share proven leadership principles practiced by female green leaders at every stage of their career, who are changing the way we think and build in the National Capital Region.

SE Solar Power Forum Set – The Solar Power Southeast is tomorrow and Wednesday in Atlanta.  The focus of the event bring together those that are doing business in the region, or would like to conduct more business in the region to discuss strategies, market trends in the southeast, policy updates that impact businesses, and numerous networking opportunities to make more connections.  SEIA head Abby Hopper leads the discussion.

Forum to Look at Central American Power Market Design – The US Energy Association will host a forum tomorrow at 10:30 a.m. on using best practices to design power sector programs.  Juan Belt will look at case studies in Haiti & Central America  Belt will discuss a paper he wrote for the Copenhagen Consensus Center (CCC) that proposes measures to improve the power sector in Haiti and is based on best practices.  The CCC “eminent panel”, which included a Nobel Prize winner, selected this paper as the best among 85 proposed interventions, and the International Confederation of Energy Regulators (ICER) gave it the “Distinguished Scholar Award for 2018.”  Belt and UDAID’s Silvia Alvarado will also discuss a paper they are writing.  Silvia is a former USAID officer and regulator of Guatemala, on possible measures to improve the power sector of the six Central American countries as well as the regional power pool.  The paper will highlight the reasons why the reform in Guatemala succeeded, will describe USAID support, and will suggest what lessons could be applicable to other countries in the region and elsewhere.

Forum to Look at Saudi Nuclear Issues – Tomorrow at 12:00 p.m., the Global America Business Institute hosts a forum looking at commercial perspectives on Saudi Enrichment.  Speakers will include Andrea Jennetta of Fuel Cycle Week and Melissa Mann of URENCO USA Inc.

Cal Energy Summit Set – The 6th annual California Energy Summit 2018 launches tomorrow in Redondo Beach and will bring policy-makers together with utility, IPP, energy storage and finance executives to provide the latest information on the opportunities and threats in California, and discuss potential strategies for the future.  Our friends Dan Skopec off San Diego Gas & Electric and 8MinuteEnergy’s Arthur Haubenstock will speak along with CAISO’s Neil Millar, First Solar’s Mark Fillinger and others.

UDel to Host Biden, Moniz on Prospects for Energy Jobs, Innovation – The University of Delaware hosts former VP Joe Biden and former Secretary of Energy Ernie Moniz for a conversation about the future of energy jobs and innovation in the U.S. tomorrow in Newark, DE.  The event is a partnership between the Biden Institute and the Delaware Environmental Institute (DENIN) at the University.  The event will also be streamed live. To view the live webcast, visit sites.udel.edu/udlive. The link will become active 10 minutes before the program begins at 12 p.m. A recording will be posted on the DENIN website following the event.

Wilson Forum Hosts AK LG Mallott – The Woodrow Wilson Center holds a forum tomorrow at 1:30 p.m. will host Alaska Lt. Gov Byron Mallott shaping Alaska’s climate policy. Mallott will speak to the State of Alaska’s response to climate change through the work of the Climate Action for Alaska Leadership Team, established last October and charged with developing a recommended climate action plan and policy by September 2018. Follow the work of the CALT and preview the draft climate policy here.  An Alaska Native and clan leader of the Tlingit Raven Kwaash Kee Kwaan of Yakutat, Lt. Governor Mallott will also highlight work building partnerships with Pacific Island nations to create an indigenous, ocean-focused approach to climate solutions.

Coal Council Hosts Milloy to Discuss CCS – Tomorrow at 2:00 p.m., American Coal Council holds a Q&A webcast on innovative Carbon Capture and Sequestration solution with multiple environmental benefits.  The web event will feature Steve Milloy.  Interest in accelerating the development and deployment of technologies for CO2 emissions reduction is growing, as is the recognition that the cost of carbon capture and sequestration must be reduced to facilitate meaningful progress. Enhanced oil recovery is one strategy, and there are others such as direct air capture.

Aspen to Discuss Ocean Policy – The Aspen Institute holds a discussion on physical, chemical, and biological oceanography at 2:15 p.m.  Panelists include Dr. Sylvia Earle, Co-Chair, Aspen Institute High Seas Initiative; Dr. Fanny Douvere, Coordinator, Marine Program, World Heritage Centre UNESCO; Dr. Francesco Ferretti, Research Associate, Stanford Hopkins Marine Station; and Dr. Barb Block via the White Shark Café. This event is the first for the High Seas Initiative, a program of the Aspen Institute that will ignite global awareness of the need to explore, understand and protect the last unregulated global commons: the remote ocean. The Initiative will work to support the creation, expansion, and enforcement of marine reserves, as well as educating and engaging youth to become future leaders working on behalf of our oceans.

AIA hosts Discussion on Insights for Hurricane Design, Recovery – The American Institute of Architects (AIA) is hosting an educational discussion at 5:00 p.m. tomorrow to provide design and recovery insights from architects who served as responders following hurricanes Maria, Harvey and Irma last year.  Architects offer a unique perspective—not only to design communities and buildings to withstand disaster—but to analyze structural performance during post-disaster relief work. The panel will cover crucial information for the Senate to understand, especially as they consider the House passed Disaster Recovery Reform Act.  In addition, the National Institute of Building Sciences will present relevant highlights from its Natural Hazard Mitigation Saves: 2017 Interim Report regarding the economic benefit of governments continuing to publicly fund disaster mitigation efforts.

Senate Approps to Host Pruitt – EPA Administrator Scott Pruitt is scheduled to testify on Wednesday at 9:30 a.m. before the Senate appropriations subcommittee that oversees his budget according to Sen. Lisa Murkowski, who chairs the panel.

House Approps Marks up Energy Funding – The House Appropriations Committee will mark up its fiscal 2019 energy and water title on Wednesday at 10:00 a.m.

House Science Look at Tech to Address Climate – The House Science Committee holds a hearing Wednesday at 10:00 a.m. on using technology to address climate change. Witnesses will include Oren Cass of the Manhattan Institute, Ted Nordhaus of the Breakthrough Institute, Phil Duffy of the Woods Hole Research Center and Georgia Tech’s  Judith Curry.

House Energy to Look at NSR Program Reforms – The House Energy and Commerce Environment panel  will hold a hearing on Wednesday at 10:15 a.m. EPA Bill Wehrum, Bracewell’s Jeff Holmstead (himself a former EPA Air office head), NAM’s Ross Eisenberg and NRECA’s Kirk Johnson will be among those testifying.

Moniz to Introduce ‘18 U.S. Jobs Report – The Energy Futures Initiative (EFI) and the National Association of State Energy Officials (NASEO), will publicly release the 2018 U.S. Energy & Employment Report (USEER) Wednesday at 10:00 a.m. in 212-10 Senate Visitors Center.  This is the third installment of the energy jobs survey established by the U.S. Department of Energy in 2016, which offers data on employment trends in four key energy sectors. Monix will be joined by NASEO head David Terry and author David Foster.

BPC to look at Private-Public Partnerships – The BPC’s Executive Council on Infrastructure is holding an event on Wednesday at 10:00 a.m. highlighting the role of public-private partnerships, or P3s, in addressing America’s $2 trillion in unmet infrastructure needs. P3s can bring private sector innovation, expertise, and capital to projects, helping communities across the U.S. modernize their transportation, water, and other infrastructure systems. Keynote remarks by Australian Ambassador to US Joe Hockey and a panel featuring Bechtel’s Keith Hennessy and Lilliana Ortega of Parsons.

Forum to Look at Manufacturing – On Wednesday at 10:00 a.m., the Information Technology & Innovation Foundation releases a new report that reviews the progress of DOE’s Manufacturing USA Institutes and looks ahead to their future. The report’s authors, ITIF Senior Fellow David M. Hart and Peter L. Singer, will present their findings and discuss policy options to guide their next stage of evolution with an expert panel.

ELI to Look at Deregulation – The Environmental Law Institute will hold a forum and panel on Wednesday at Noon to discuss obstacles to deregulation, including when, and how, an agency must consider costs and benefits of staying, repealing, and rewriting rules. Speakers will discuss the types of rules and guidelines to which these requirements do and do not apply; comment on current challenges to the Trump Administration’s deregulation agenda; and offer insights on the ways that administrative law is developing through interpretation of the APA and other relevant statutes.

Salazar Heads Press Club Dinner – The National Press Club Communicators Team hold its Legends Dinner on Wednesday at 6:00 p.m. in the Winners’ Room.  The honored guest will be former Interior Secretary and Colorado Sen. Ken Salazar. The dinner conversation will focus on the important communications-based strategies that moved his agenda and built a strong communications team, touching on: due diligence, crisis management, gaining congressional and White House support, building consensus with business leaders and constituents and working with media and reporters.  Salazar will share practical lessons and challenges with that can bring value to contemporary communicators.

Forum to Look at PPPs – The Brookings Institution and the National Association of Counties hold a discussion on Thursday morning at 8:00 a.m. looking at modernizing infrastructure policies to advance public-private partnerships.  Panelists will include NACo President and Tarrant County Commissioner Roy Charles Brooks and D.C. Office of Public-Private Partnerships Deputy Director Judah Gluckman.

Total CEO Hosted by CSIS – The CSIS Energy & National Security Program will host Patrick Pouyanné, Chairman and CEO of Total on Thursday at 9:00 a.m. for a conversation on Total’s global gas, renewables, and power strategies and their implications for the company’s activities in the United States.  The discussion will encompass Total’s position in natural gas markets, the growth and impact of renewables, and Total’s investments in the renewables and power sectors.

Forum to Look at MI CCS Project – On Thursday at 10:00 a.m., the U.S. Energy Association will hold a forum focused on the Midwest Regional Carbon Sequestration Partnership (MRCSP), a large-scale demonstration project recently achieved the net CO2 storage of 1,000,000 metric tons in the CO2-EOR fields in Northern Michigan. This briefing will discuss how lessons learned from this successful program can be used to move CCUS towards deployment in appropriate settings. In addition to providing key aspects of the program, the speakers will discuss how the MRCSP research is impacting new projects in the USA and globally to build technical capacity.  Speakers include Battelle’s Lydia Cumming and Neeraj Gupta.

FERC Open MeetingThursday at 10:00 a.m.

Wilson to Host Brazil Bioeconomy Forum – On Thursday at 10:00 a.m., the Woodrow Wilson Center hosts a discussion of the future challenges and opportunities for agricultural value chains in a bioeconomy era with leading experts.  Brazil, as one of the leading global agricultural producers and exporters, will play a significant role in building this new bioeconomy era. Led by Embrapa, the Ministry of Agriculture’s research arm, Brazilian scientists and policymakers are already engaged in cutting-edge research involving microbes, genetic engineering, and biomolecules: new technologies based in biology that have the potential to enhance agricultural productivity and the quality of food, while improving environmental sustainability.

Senate Environment to Look at Water Infrastructure – The Senate Committee on Environment and Public Works will hold a legislative hearing on Thursday at 10:00 a.m. on S.2800, America’s Water Infrastructure Act of 2018.

ACORE Leads State of Industry Webinar – On Thursday at Noon, the State of the Industry Webinar, a quarterly series produced in partnership between ACORE and Bloomberg New Energy Finance (BNEF), offers the latest intelligence and analysis on renewable energy markets, finance and policy.  This quarter’s webinar will reflect on the immense growth of community choice aggregation (CCA) in California as well as its emergence in other markets. Speakers will offer insights on the dynamics of CCA deals, and considerations in how to tackle and underwrite such projects.

AEE to Hold Cybersecurity, Grid Webinar – The Advanced Energy Economy will hold a webinar on Thursday at 2:00 p.m. on cybersecurity in a distributed energy future.  The webinar will address protecting an evolving grid from digital attack. The  panel of experts — all contributors to the AEE Institute white paper on cybersecurity — will discuss ways to make an increasingly complex, interactive, and distributed electricity system more resilient against cyber threats. Panelists include John Berdner of Enphase Energy, NYPA’s Ken Carnes, Navigant’s Ken Lotterhos and Todd Wiedman, Director, Security and Network, Landis+Gyr. Moderated by Lisa Frantzis, Senior Vice President, 21st Century Energy System, Advanced Energy Economy.

Moniz to Deliver Georgetown School Commencement – Former Energy Secretary Moniz delivers Georgetown University’s School of Public Policy commencement ceremony Thursday at 5:30 p.m.

House Panel to Look at Waste Disposal – The House Energy and Commerce’s environment panel discusses two reauthorization bills related to waste disposal in a legislative hearing on Friday at 9:00 a.m.  The hearing is focused on H.R. 2278, the Responsible Disposal Reauthorization Act of 2017, and H.R. 2389, to reauthorize the West Valley demonstration project and for other purposes.”

Forum to Talk Economic Methods –The US Assn of Energy Economists of the National Capital Area will hold its monthly lunch on Friday at the Chinatown Gardens restaurant featuring Powerhouse’s David Thompson and focused on collecting and analyzing supply & demand data in the energy sector. Technical analysis (TA) differs from fundamental research as it focuses on price action and how that affects market participants’ decision-making. While the two schools start from different perspectives, it’s a mischaracterization to suggest they are antagonistic to one another. Many analysts use technical tools in concert with fundamental research as they develop market forecasts.

IN THE FUTURE

NAS Hosts Small Business Meetings – The National Academy of Sciences’ Board on Science, Technology and Economic Policy will meet on next Monday and Tuesday to review the Small Business Innovation Research and Small Business Technology Transfer Programs at the Department of Energy Review.

Fox to Address Trade, Immigration, Trump – The National Press Club will host a Headliners Luncheon on Tuesday, May 22nd featuring former Mexican President Vicente Fox.  Fox will deliver an address entitled “Democracy at the Crossroads: Globalization versus Nationalism”.  Fox, a right-wing populist representing the National Action Party (PAN), was elected as the 55th President of Mexico on December 1, 2000. Winning with 42% of the vote, Fox made history as the first presidential candidate in 71 years to defeat the Institutional Revolutionary Party (PRI). Fox’s administration focused chiefly on improving trade relations with the United States and maintaining Mexico’s growing economy. Fox left office in 2006, and in a break with his country’s cultural norms and traditions has remained in the public eye post-presidency and has not been shy about expressing his views and opinions.

Forum Spotlights Rural Co-Ops – The Partnership for Advancing an Inclusive Rural Energy Economy, a collaboration between the National Cooperative Business Association CLUSA and the Environmental and Energy Study Institute will hold a livecast on Tuesday May 22nd at 1:00 p.m. to look at how rural electric cooperatives are delivering cutting-edge inclusive energy efficiency programs for their members–saving them money while supporting local economic development.  This livecast will include information about the U.S. Department of Agriculture’s Rural Utilities Services (RUS) loan program that co-ops can take advantage of to help deliver these benefits.  Livecast speakers include Doug O’Brien of the National Cooperative Business Association CLUSA, Roanoke Electric Cooperative CEO Curtis Wynn and Mike Couick of the Electric Cooperatives of South Carolina.  Roanoke Electric’s “Upgrade to $ave” program and the “Help My House” program available to South Carolina’s co-ops offer on-bill financing to help members afford cost-saving home energy upgrades. With on-bill financing, members repay their co-ops over time as part of their monthly electric bills, and the programs are designed so that members of all income levels can participate.

Forum to Look at Waste Energy – The Environmental and Energy Study Institute (EESI) and the American Biogas Council (ABC) hold a briefing on Wednesday May 23rd looking at the numerous challenges posed by organic wastes-to human health, water and air quality, and to businesses that must manage these wastes-and how anaerobic digestion offers solutions to these pressing issues. Anaerobic digestion is the process of converting organic materials, typically viewed as wastes, into usable products, including biogas, renewable natural gas (RNG), as well as valuable organic fertilizer and compost. These biogas systems turn a waste management issue into a revenue opportunity for America’s farms, dairies, food processing, and wastewater treatment industries.  Speakers for this forum will discuss the tremendous opportunities for rural and urban communities alike to use anaerobic digestion to foster healthy communities and businesses.

CSIS, EPIC to Hold Nuclear Forum – CSIS and the Energy Policy Institute at the University of Chicago (EPIC) will hold a half-day public conference on Thursday afternoon May 24th to address pressing questions in an effort to better understand the potential future of U.S. nuclear power. Nuclear energy faces an uncertain future in the United States as the fuel is beset by fierce competition from natural gas and renewable energy in many markets. Coupled with failure to deliver new projects on time and at cost, along with a public sensitive to operational safety, existing and future nuclear power generation is at risk in the United States.

Press Club Hosts Fox News Anchor – Bret Baier, chief political anchor for Fox News Channel and the anchor and executive editor of “Special Report with Bret Baier,” will share his latest book, “Three Days in Moscow: Ronald Reagan and the Fall of the Soviet Empire,” at a National Press Club Headliners Book Event on Tuesday, May 29th, at 7:30 p.m. in the Club’s conference rooms. In “Three Days in Moscow” Baier uses the 1988 Moscow Summit, Reagan’s pivotal final meeting with Communist Party Leader Mikhail Gorbachev, to examine the life and legacy of Reagan and his arduous battle with the Soviet Union through a new lens.

FERC Chair Headlines EIA Annual Energy Conference – EIA holds Its annual 2018 Energy Conference on June 4th and 5th at the Washington Hilton.  FERC Chair Kevin McIntyre will keynote the event.

Hydrogen, Fuel Cell Forum Set for DC – The Fuel Cell and Hydrogen Energy Association will be hosting a full-day forum and exposition on Tuesday, June 12 in Washington, D.C. at the Ronald Reagan Building and International Trade Center with leading executives, experts, and policymakers on fuel cell and hydrogen technology. The forum will bring together key federal and state policymakers, including the Department of Energy and White House, as well as the broader environmental, transportation, and energy communities to raise awareness of the benefits of fuel cell and hydrogen technology. This event will precede the Department of Energy’s 2018 Annual Merit Review.

GTM to Host Grid Forum – Greentech Media host Grid Edge Innovation Summit on June 20th and 21st in San Francisco.  The event is an energy conference that will examine the energy customer of tomorrow and how new innovative business models are quickly emerging.  GTM brings together forward thinking and prominent members of the energy ecosystem and as our research team explores the future of the market. Former FERC Chair Jon Wellinghoff will speak along with many others, including our friends Shayle Kann, Julia Pyper and Stephen Lacey.

Young Professional Program for World Gas Forum Set – The Young Professionals Program (YPP) will hold a special forum during the World Gas Conference June 25-29 in Washington, DC.  YPP will provide a great opportunity for promising young professionals in the energy sector to learn from top leaders in the natural gas industry and network with their peers throughout the world.  More on this as we get closer.

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.

Energy Update

Friends,

Wow… What a weekend!  Started it on Thursday night with a great Alice in Chains show at the Anthem.  Then, drove back/forth twice between UVa (Adam’s track meet Fri/Sat) and UDelaware (Olivia’s field hockey Sat/Sun), yet still managed to catch the Caps crazy win over the Pens, Saturday’s Kentucky Derby and last night’s historic victory by the Vegas Golden Knights.

The 144th Run for the Roses was muddy, but brilliant.  For those of you paying attention to my preview last week, you probably won some money as Justify rolled to victory to win the $2 million race.  Justify, was 5-2 favorite at the bell and is the 6th straight Derby favorite to win.  Justify is trained by Bob Baffert and ridden by Hall-of-Fame jockey Mike Smith.  As I mentioned, Promises Fulfilled took the early fast pace, but Justify stalked until the far turn, pulling away in deep stretch. His winning time was a slow 2 minutes, 4 1/5 seconds.  He also breaks the longest losing streak in sports history: the Apollo CurseApollo was the 1882 Kentucky Derby champion, who was the last winner before Justify not to race as a 2-year-old.  Another one of my picks Good Magic finished strong to take 2nd while Audible took 3rd.  Unfortunately, uber-longshot Instilled Regard held off the charging My Boy Jack (my mud horse) to finish out the Super, which paid out $19,618.20 if you hit it.  Justify will be a heavy favorite in the Preakness…preview next week!

ICYMI, late last week, a new economic study – The Economic Impacts of U.S. Ratification of the Kigali Amendment – from the Alliance for Responsible Atmospheric Policy and AHRI was sent to the White House, the State Department and EPA.  The study is an outgrowth of the forum earlier this year at the Hudson Institute where former White House advisor David Banks said it was imperative to have an economic analysis of any HFC phasedown before it could move forward. The report says U.S. industry strongly supports ratification, followed by domestic implementation.

Speaking of Banks, this morning, our friends at ClearPath announced that it has added the former White House advisor along with SoCo’s Ed Holland, former NJ Utility Board Chair Richard Mroz and campaign strategist Terry Sullivan to its advisory board.  Also today, the U.S. Chamber’s Global Energy Institute (GEI) is launching a new initiative to highlight the advances that are improving our modern way of life. EnergyInnovates is a multi-platform initiative that will showcase American innovators, projects, and technologies that have shaped today’s energy landscape and will lay the groundwork for the future.

WINDPOWER starts today in Chicago.  One of the biggest, most important trade shows of the year, the event underscores the strong demand for wind energy, as evidenced by the busy 1st quarter for new U.S. wind farm announcements. Wind power’s low cost and stable energy prices motivated utility and non-utility customers to sign contracts for 3,500 megawatts (MW) of U.S. wind capacity in the first quarter of 2018, a high water mark in recent years.

This week in DC, we expected another RFS meeting at the White House likely tomorrow while Friday, the President will hold a Roundtable with automaker CEOs on fuel economy standards.  It is also a busy week on Capitol Hill with House Approps rolling into the Energy & Water funding bill starting today and the full House is expected to take up legislation that would restart the long-stalled process to store commercial nuclear waste at Nevada’s Yucca Mountain site.  Tomorrow, House Energy looks at EVs and Senate Energy is focused on Puerto Rico. On Wednesday, DOE Secretary Perry testifies before House Science tomorrow, while Senate Environment is focused on water Infrastructure.   Thursday, Interior Secretary Zinke heads to Senate Approps while Commerce Secretary Wilbur Ross will likely get trade/tariff questions at his budget hearing.

Tomorrow, my colleague Scott Segal speaks at the CHP industry’s policy forum.  C2ES will host a Wednesday conversation with utilities, federal and state policy experts, and industry analysts to discuss solutions to address early nuclear retirements and zero-carbon generation, while WCEE hosts a policy lunch with Congressional energy/environment staff.  On Thursday, WASHINGTON POST LIVE and its Energy 202 newsletter (our friends Steve Mufson and Dino Grandoni) will host a forum at 9:00 a.m. at the Post Live Center on cybersecurity and the grid featuring Sens. Martin Heinrich and John Hoeven, as well as FERC Chair Kevin McIntyre.

While we normally don’t pay much attention to primaries, tomorrow is primary day in West Virginia and Indiana.  In WV, energy advocate AG Patrick Morrisey and Rep. Evan Jenkins are battling with controversial former coal exec and convicted felon Don Blankenship for the right to challenge Sen. Joe Manchin.  In Indiana, Wabash College alums Reps. Luke Messer and Todd Rokita, as well as former Dem State Rep. Mike Braun all have been hugging the President but running away from college transgressions as Little Giants. Both long-time energy industry supporters, Manchin and Donnelly are seen as the most vulnerable Democrats in the Senate.

This week is Hurricane Preparedness Week.  With the 2018 Hurricane Season approaching (June 1), remember the experts at MIT have a significant amount of really interesting research pushing the frontier of building materials use, with implications for policymakers, building designers, communities, and the vulnerable residents of hazard-prone areas.  They also have the MIT-developed Break-Even Mitigation Percent (BEMP) tool which helps building designers and owners make better risk-informed decisions before the disaster hits. You can use the tool to calculate the BEMP for eastern U.S. coastal communities prone to damage from hazards related to hurricanes.  Call with questions.  Best,

Frank Maisano

(202) 828-5864

c. (202) 997-5932

 

FRANKLY SPOKEN

“While consumers may not think about it when they flip the light switch, turn on the air conditioning, or even gas up their cars, the American energy industry is at the forefront of groundbreaking innovation and technology development. Our goal is to put a spotlight on the ingenuity behind America’s ongoing energy revolution, especially the investments being made to find new and better ways to produce, transmit, and use energy, the foundation of our lives and our economy.”

Karen Harbert, president and CEO of the Global Energy Institute during today’s launch of EnergyInnovates, a multi-platform initiative that will showcase American innovators, projects, and technologies that have shaped today’s energy landscape and will lay the groundwork for the future.

“Word is out that wind power is an excellent source of affordable, reliable and clean energy. The industry is consistently growing the wind project pipeline as leading companies, including utilities and brands like AT&T and Nestle, keep placing orders. Strong demand for wind power is fueling an economic engine supporting a record 105,500 U.S. wind jobs in farm and factory towns across the nation.”

Tom Kiernan, CEO of AWEA in announcing the U.S. Wind Industry First Quarter 2018 Market Report in advance of today’s WINDPOWER event in Chicago.

ON THE POD

Energy Gang Discussed New Tech Investments with Statoil –On a recent Energy Gang podcast, our friends at GTM talked with the executive in charge of Statoil’s new energy investments, Stephen Bull.  Statoil is the largest operator of oil and gas rigs around the world. Consequently, the company’s biggest low-carbon investments are offshore: floating wind farms and distributed carbon capture and storage. Bull chats with The Energy Gang about the performance of floating wind, the economics of CCS, and whether oil companies are investing enough in their new energy divisions.

FUN OPINIONS

Consumer Group: Time to Reform RFS – Recently, David Holt of the Consumer Energy Alliance wrote an opinion piece calling on Congress to fully reform the RFS program.  Holt said there are several big problems with the RFS, including what’s called the “ethanol blend wall.” Most American cars and light trucks have been built to run on a fuel blend of 90 percent gasoline and 10 percent ethanol. Using more ethanol would void most vehicle warranties provided by all major automotive manufacturers. Similarly, most underground storage tanks and gasoline pumps used by gasoline stations across the country cannot accommodate more ethanol.  Holt: “Congress should act now to make meaningful changes to the RFS. Without congressional action, farmers, transporters, refiners, and everyone who buys gasoline will continue to pay the price.”

IN THE NEWS

ClearPath Adds Leading Experts To Advisory Board – Clear Path has added thought leaders in the fields of energy policy and technology, as well as conservative politics and messaging, to its advisory board.

  • George David Banks was President Trump’s Special Assistant for International Energy and Environment. He was previously senior advisor on International Affairs and Climate Change at the White House Council on Environmental Quality under President George W. Bush, deputy GOP staff director of the Senate Environment and Public Works Committee, a State Department foreign service officer and a CIA economic analyst. He is currently executive vice president of the American Council on Capital Formation and an adjunct research scholar at Columbia University’s Center on Global Energy Policy.
  • Ed Holland is the former president and CEO of Southern Company Holdings and executive vice president of Southern Company Services. He was also previously president, CEO and chairman of Mississippi Power.
  • Richard Mroz is the former president of the New Jersey Board of Public Utilities and chaired the Critical Infrastructure Committee for the National Association of Regulatory Utility Commissioners, among many other senior-level national, regional and state roles. That includes being named to the Commission on White House Fellowships by President George W. Bush.
  • Terry Sullivan is founding partner of Firehouse Strategies and has two decades under his belt as a well-seasoned political and public affairs strategist. He has played a senior strategic role in more than 100 campaigns, including U.S. Senate, gubernatorial and presidential candidacies. Notably, that included successful reelection wins for Sens. Marco Rubio and Ron Johnson in 2016 and Sullivan was Rubio’s 2016 presidential campaign manager.

Groups Urge White House, EPA to Support HFC Phasedown – The Alliance for Responsible Atmospheric Policy and AHRI released their comprehensive study: Economic Impact of Kigali Ratification & Implementation, supporting the ratification of the Kigali Amendment to the Montreal Protocol which calls for a phase down in the production and consumption of hydrofluorocarbons (HFCs) worldwide.  The Kigali Amendment gives American companies an advantage in technology, manufacturing, and investment which will lead to job creation. The economic analysis indicates that U.S. implementation of the Kigali Amendment is good for American jobs. It will both strengthen America’s exports and weaken the market for imported products, while enabling U.S. technology to continue its world leadership role.   According to the study:

  • The Kigali amendment is projected to increase U.S. manufacturing jobs by 33,000 by 2027, increase exports by $5 billion, reduce imports by nearly $7 billion, and improve the HVACR balance of trade.
  • With Kigali, U.S. exports will outperform, increasing U.S. share of global market from 7.2% to 9.0%.
  • Fluorocarbon-based manufacturing industries in the U.S. directly employ 589,000 Americans, with an industry-wide payroll of more than $39 billion per year. The fluorocarbon industry in the U.S. indirectly supports 494,000 American jobs with a $36 billion annual payroll.

According to the analysis, the U.S. fluorocarbon using and producing industries contribute more than $205 billion annually in direct goods and services and provide employment to more than 2.5 million individuals and overall economic activity of $620 billion to the U.S. economy.

AWEA Report Says 1Q Demand Rolling – With WINDPOWER launching today, there a new report by the American Wind Energy Association (AWEA) says strong demand for wind energy drove a busy first quarter for new U.S. wind farm announcements. Wind power’s low cost and stable energy prices motivated utility and non-utility customers to sign contracts for 3,500 megawatts (MW) of U.S. wind capacity in the first quarter of 2018, a high water mark in recent years. The U.S. Wind Industry First Quarter 2018 Market Report also reveals 5,523 MW in first quarter wind project announcements, adding to a total of 33,449 MW of wind power capacity in the combined construction and advanced development pipeline.  Utilities and Fortune 500 brands both continue to scale up investments in wind energy because it makes good business sense. The cost of wind power has fallen by two-thirds since 2009, making wind cost-competitive with other energy sources. In fact, in strong wind resource regions like the Great Plains and Texas, wind is the most cost-effective source of new electricity. And because wind power has no fuel costs, buyers can lock in low rates for decades to protect against future fuel price spikes. Wind energy customers signed over 3,500 MW in long-term contracts called power purchase agreements (PPAs) in the first quarter. That’s the highest volume of PPA announcements in any quarter since AWEA began tracking them in 2013. Six companies including Adobe, AT&T and Nestle signed wind PPAs for the first time, while Bloomberg, Facebook, Nike and T-Mobile became repeat customers. In addition, utility buyers including PacifiCorp and DTE Energy made large-scale announcements to develop and own wind power. Across the country, 36 wind projects representing a combined 5,523 MW announced that they either began construction or entered advanced development in the first quarter. Construction started on 1,366 MW of wind capacity and 4,158 MW entered advanced stages of development, which includes projects that have found a buyer for their energy, announced a firm turbine order, or have been announced to proceed under utility ownership. The full pipeline of wind farms under construction or in advanced development now totals 33,449 MW, a 40 percent increase over this time last year and the highest level since this statistic was first measured at the beginning of 2016.

DTE Pushes Green Bonds – DTE Energy in rolled out its green bonds program. The $525 million in bonds will finance green investments, including low-carbon projects such as renewable energy and energy efficiency. DTE is the fifth [energy] company in the nation to sell green bonds. “Green bonds will help finance our low-carbon investments, which will enable us to continue moving Michigan toward a cleaner, more sustainable energy future,” says Gerry Anderson, chairman and CEO of DTE Energy. “This is a tangible way for investors to demonstrate their commitment to the environment and is one of many steps in our aggressive plan to reduce carbon emissions by more than 80 percent by 2050. We’re proud to be among the first energy companies to offer this green investment option.”  The bonds have a maturity of 30 years at an annual fixed coupon of 4.05 percent. They are expected to help fund the development and construction of solar arrays and wind farms, including the transmission infrastructure to support renewable energy facilities, as well as strengthen energy efficiency programs.

DTE Gas Plant Approved by Michigan – In related DTE news, the Michigan Public Service Commission approved DTE Energy’s gas plant proposal for East China Township. The utility is scheduled to break ground on the new facility in 2019. The plant is one of the steps the company is taking to reduce carbon emissions by 30% by the early 2020s, and more than 80% by 2050.

FERC Shows Strong Renewable Growth in 1Q – A new FERC update says wind, solar, and other renewable sources (i.e., biomass, geothermal, hydropower) accounted for almost 95% (i.e., 94.9%) of all new U.S. electrical generation placed into service in the first quarter of this year.  FERC’s latest “Energy Infrastructure Update” shows that 16 new “units” of wind, totaling 1,793 megawatts (MW), came into service in the first three months of 2018 along with 92 units of solar (1,356-MW) for a total of 3,149-MW.  In addition, there was one unit of geothermal steam (19-MW), five units of water (18-MW), and three units of biomass (3-MW). Among non-renewable sources, six units of natural gas provided another 79-MW of new capacity along with five units of oil (10-MW), and one unit of nuclear (4-MW). There were also six units (80-MW) defined as “other” by FERC (e.g., fuel cells, batteries & storage). No capacity additions were reported for coal during the quarter.  FERC data also reveal that the total installed capacity of renewable energy sources now provides over one-fifth (20.69%) of total available U.S. generating capacity. Combined, wind and solar alone exceed one-tenth (10.44%) of installed capacity – a share greater than that of nuclear power (9.14%) or hydropower (8.52%) or oil (3.56%).  FERC’s report further suggests that the rapid expansion and growing dominance of renewable energy sources will continue at least through April 2021. Proposed new net generating capacity (i.e., additions minus retirements) by renewables over the next three years totals 148,281-MW or 70.1% of the total (i.e., 211,621-MW). Proposed new net generating capacity by wind (85,625-MW) and solar (49,088-MW) alone are 63.7% of the total – supplemented by hydropower (11,824-MW), geothermal (1,130-MW), and biomass (614-MW).

 

ON THE SCHEDULE THIS WEEK

WINDPOWER Set for Chicago – The American Wind Energy Assn (AWEA) will hold WINDPOWER 2018 in Chicago from today through Thursday.  The industry closed 2017 strong, delivering 7,017 megawatts (MW) of new wind power capacity. That new capacity represents $11 billion in new private investment. There are now 89,077 MW of wind power installed across 41 states, enough to power 26 million American homes.  The wind industry is expected to continue its growth into 2018. WINDPOWER is where the industry comes together to plan for the future and keep this success story growing.

Approps Subpanel to Mark Energy Budget – The House Appropriations Committee’s Subcommittee on Energy and Water Development, and Related Agencies will meet today at 5:30 p.m. to mark-up the FY 2019 Energy and Water Appropriations Bill.

BP Tech Head to Discuss Global Energy – The Atlantic Council’s Global Energy Center will hold a wide-ranging discussion tomorrow at 9:00 a.m. about the role of technology in shaping the future of global energy. The energy industry is changing faster than at any time in our lifetime. It faces two huge challenges: firstly, providing more energy than ever before to meet the world’s increasing demand; and secondly, transitioning to a lower carbon future. Drawing upon analysis conducted by BP and its partners, BP’s Technology Head David Eyton will discuss some of the major longer-term signals out to 2050, as well as key findings in transport, power and heat. Eyton’s conversation will also cover the key game-changing technologies for the energy industry and the challenges we face.

Combined Heat Power Industry Holds Forum – The CHP Association and the combined heat and power community hold their annual CHP Policy Forum tomorrow and Wednesday at The City Club of Washington. This year, conference presentations will focus on how to better implement CHP programs. The theme of this year’s forum is “engaging with decision makers” and will feature key figures in various areas of legislation, regulation, and government. The forum will explore the barriers and drivers for CHP at every jurisdiction—including city, state, regional, and federal—with the understanding that policy considerations for energy planning vary across different jurisdictions.  My colleague Scott Segal will speak tomorrow afternoon on policy effects on the future of energy markets.

BPC to Host Panel on Federal Science – The Bipartisan Policy Center will host a forum tomorrow at 9:00 a.m., looking at federal funding for Fiscal Year 2018 for research and development. Continually developing new scientific knowledge and technologies drives long-term economic growth and creates higher-skilled jobs. BPC will focus its conversation on federal investment in scientific research and innovation and how to maintain America’s economic and competitive edge.

Senate Energy Committee to Look at Puerto Rico – The Senate Energy Committee will convene an oversight hearing tomorrow at 10:00 a.m. to examine the current status of Puerto Rico’s electric grid and proposals for the future operation of the grid.  Witnesses include DOE’s Bruce Walker, Charles Alexander of the Army Corps of Engineers, ; Christian Sobrino Vega, of the Puerto Rico Government Development Bank President, Puerto Rico Electric Power Authority CEO Walter Higgins, José Román Morales of the Puerto Rico Energy Commission and Rodrigo Masses of the Puerto Rico Manufacturers Association.

IAE to Hold Biofuel Presentation – The International Energy Agency (IEA) Bioenergy Technology Collaboration Program will hold an international webinar, “Biofuels for the Marine Sector: New Opportunities and New Challenges,” tomorrow at 10:00 a.m. The webinar will give an overview of the maritime transportation sector, including its fuel and engine types, the fuel supply infrastructure, and the regulations on fuel specifications and CO2 emissions. The feasibility of current biofuels including their properties and supply will be discussed and opportunities for new types of biofuel will be presented.

House Energy Panel to Look at Electric Vehicles – The House Energy and Commerce Environment Subcommittee holds a hearing tomorrow at 10:15 a.m. on policy implications of electric and conventional vehicles in the years ahead.

Forum to Discuss LNG Study – U.S. Energy Association will hold a forum tomorrow at 10:00 a.m. featuring energy economists at ICF who recently conducted a study for LNG Allies.  The study “Calculating the Benefits of US LNG Exports” looked at direct, indirect, and induced value added ($GDP) and employment from LNG terminals and the natural gas feedstock.  The principal author of the ICF report, Harry Vidas, joins Fred H. Hutchison, President/CEO, of LNG Allies to discuss the findings.

Perry, Haley, Ross to Attend Conference – The Council of the Americas will hold its 48th annual conference tomorrow at the U.S. Department of State.  The annual conferences have traditionally featured presentations by the president, the secretary of state, foreign heads of state, cabinet officials from the hemisphere, and leaders of the business community. The 2018 Washington Conference on the Americas will bring together administration senior officials and distinguished leaders from across the Americas to focus on the major policy issues affecting the hemisphere.  UN Abassador Nikki Haley, Energy Secretary Perry, Commerce Secretary Ross and Sens. Ben Sasse, Robert Menendez and Marco Rubio, among many others, will speak.

EnviroRun Features Amy Harder – Tomorrow evening, Envirorun DC hosts Amy Harder, energy and climate change reporter at Axios. Amy is an energy and climate change reporter at Axios, both in her regular column called Harder Line, and her other reporting for Axios she covers congressional legislation, regulations, lobbying, and international policy actions affecting energy and climate change issues in the United States. She previously covered the same issues for The Wall Street Journal and before that at National Journal.  The run begins at 6:00 p.m. and we will return to the venue for networking and hear from the speaker at 7:00 p.m.

OPIS Looks at West Coast Fuel Supply – OPIS holds a forum in Napa Valley at the Silverado Resort on Wednesday and Thursday looking at West Coast fuel supplies and transportation opportunities.  Industry experts will examine the impact of new players in the Western markets, opportunities that California assets can offer, carbon emissions regulations, renewable fuels, plus get an exclusive technical analysis of West Coast spot market prices.

Perry Heads to House Science – The House Science Committee holds a hearing on Wednesday at 9:00 a.m. for an overview of the DOE budget proposal for FY 2019.   Energy Secretary Rick Perry testifies.

Forum to Look at Nuclear Challenges – The Center for Climate and Energy Solutions holds a conversation on Wednesday at GWU’s Lerner Hall at 9:30 a.m. featuring utilities, federal and state policy experts, and industry analysts to discuss solutions to address this question and others.  The event will feature a keynote from Ralph Izzo, CEO of PSEG, as well as perspectives on state policy options, environmental and economic impacts, and the federal landscape.

Senate Environment to Look at Water Infrastructure – The Senate Environment and Public Works Committee holds a hearing at 10:00 a.m. on water infrastructure legislation.

Senate Energy Panel Tackles BLM, Forest Service Law Enforcement – The Senate Energy and Natural Resources Public Lands, Forests and Mining Subcommittee holds a hearing on Wednesday at 10:00 a.m. looking at law enforcement programs at BLM and the Forest Service.

WCEE Forum Looks Congressional Energy Agenda – The Women’s Council on Energy and the Environment (WCEE) will host a forum on Thursday at 8:00 a.m. at the American Gas Association to look at the Congressional agenda in the first year of the Trump Administration.  WCEE hosts for a wide-ranging conversation over breakfast about Congressional priorities and areas for bipartisan agreement on energy and environment issues. Key Congressional staffers who will offer their insights and opinions on the busy year that lies ahead include Senate Energy’s Chester Carson and Brie Van Cleve, Emily Domenech of the House Science Committee’s Energy panel, House Energy and Commerce Committee’s Energy and Environment Majority Chief Counsel Mary Martin and several others.

ELI Holds Wetlands Awards – The Environmental Law Institute holds its annual National Wetlands Awards on Wednesday evening at U.S. Botanical Gardens. The National Wetlands Awards are presented annually to individuals who have excelled in wetlands protection, restoration, and education. Through coordinated media outreach and an awards ceremony on Capitol Hill, awardees receive national recognition and attention for their outstanding efforts.

FERC Chair, Senators Discuss Cyber at Post Forum –WASHINGTON POST LIVE and its Energy 202 newsletter will host a forum on Thursday at 9:00 a.m.at the Washington Post Live Center on cybersecurity and the grid. Lawmakers Sens. Martin Heinrich and John Hoeven will debate the administration’s energy priorities and discuss the security of America’s energy grid, including how to combat cyber threats. Our friend Dino Grandoni, Energy and Environmental Policy Reporter and Author of “The Energy 202” newsletter will host. Then, Steven Mufson hosts a “One-on-One” with the FERC Chairman Kevin McIntyre.  The head of the FERC will discuss new regulations and proposals to shore up the security of power grid operations and the balance between the agency and the U.S. Department of Energy.  There will also be several other speakers including Dennis McGinn.

CEQ Infrastructure Lead Headline ELI Conference – Arnold & Porter and the Environmental Law Institute are co-hosting a conference Thursday at 9:00 a.m. on infrastructure review and permitting. Conference attendees will hear a variety of critical perspectives across the spectrum. High level government officials, experienced practitioners representing industry and environmental NGOs, and congressional representatives will address the wide range of environmental permitting and review challenges across sectors including transportation, energy, transmission, renewables, environmental restoration, and more. Panelists will delve into the role of policy and litigation in shaping these developments over the next three years and beyond. Conference participants representing diverse backgrounds will explore areas of common ground at the intersection of good government, economic growth, and environmental protection.  Keynote speaker is CEQ’s Alex Herrgott.

Zinke Discusses Budget – The Senate Interior, Environment and Related Agencies Appropriations Subcommittee will host Interior Secretary Ryan ZInke at 10:00 a.m. to discuss on the 2019 budget and proposed cuts to agencies including BLM, Fish and Wildlife Service and National Park Service.

House Energy Panel to Look at Transmission Infrastructure – The House Energy & Commerce’s Energy Subcommittee will hold a hearing on Thursday at 10:00 a.m. in 2123 Rayburn examining the state of electric transmission infrastructure investment, planning, construction and alternatives.

USEA Forum to Discuss Coal Utilization – The US Energy Assn will hold a forum on Thursday at 1:00 p.m. on chemical looping in coal utilization.  The event will feature work by Ohio State researcher Andrew Tong.

Forum to Look at City Partnerships on Renewables, EE – On Thursday at 2:00 p.m., the Alliance for a Sustainable future, a joint initiative of The U.S. Conference of Mayors and the Center for Climate and Energy Solutions (C2ES) will host a webinar on expanding energy efficiency and demand side management, adding more renewable energy and shifting the fuel mix of the local electric grid have emerged as critical strategies for cities striving to achieve ambitious climate goals. In this webinar, the ASF highlights how city-utility partnerships are engaging their communities and charting a course to a cleaner and smarter energy future, featuring collaborations in the Salt Lake City, and the Asheville, North Carolina, regions. These city-utility partnerships, which have local and regional impacts, offer valuable lessons for other cities around the country.

IN THE FUTURE

Infrastructure Week – May 14th -18th

Ross to Speak at Press Club – On Monday May 14th at 12:30 p.m.  Commerce Secretary will speak at a National Press Club Headliners Luncheon.  He’ll discuss how the DOC is creating conditions for economic growth and opportunity for the people of the US.  Secretary Ross, a former bankruptcy specialist and American investor, has been an increasingly common fixture on CNBC amidst the United States’ looming trade war with China (a result of President Trump’s deluge of new tariffs and changes to US trade policies) and his recent decision to overrule officials in the Census Bureau, an agency housed within the Department of Commerce, on the inclusion of a controversial citizenship question in the 2020 census.

Salazar Heads Press Club Dinner – The National Press Club Communicators Team hold its Legends Dinner on Wednesday, May 16th at 6:00 p.m. in the Winners’ Room.  The honored guest will be former Interior Secretary and Colorado Sen. Ken Salazar. The dinner conversation will focus on the important communications-based strategies that moved his agenda and built a strong communications team, touching on: due diligence, crisis management, gaining congressional and White House support, building consensus with business leaders and constituents and working with media and reporters.  Salazar will share practical lessons and challenges with that can bring value to contemporary communicators.

Senate Approps to Host Pruitt – EPA Administrator Scott Pruitt is scheduled to testify on May 16th before the Senate appropriations subcommittee that oversees his budget according to Sen. Lisa Murkowski, who chairs the panel.

BPC to look at Private-Public Partnerships – The BPC’s Executive Council on Infrastructure is holding an event on Wednesday May 16th at 10:00 a.m. highlighting the role of public-private partnerships, or P3s, in addressing America’s $2 trillion in unmet infrastructure needs. P3s can bring private sector innovation, expertise, and capital to projects, helping communities across the U.S. modernize their transportation, water, and other infrastructure systems. Keynote remarks by Australian Ambassador to US Joe Hockey and a panel featuring Bechtel’s Keith Hennessy and Lilliana Ortega of Parsons.

AEE to Hold Cybersecurity, Grid Webinar – The Advanced Energy Economy will hold a webinar on Thursday May 17th at 2:00 p.m. on cybersecurity in a distributed energy future.  The webinar will address protecting an evolving grid from digital attack. The  panel of experts — all contributors to the AEE Institute white paper on cybersecurity — will discuss ways to make an increasingly complex, interactive, and distributed electricity system more resilient against cyber threats. Panelists include John Berdner of Enphase Energy, NYPA’s Ken Carnes, Navigant’s Ken Lotterhos and Todd Wiedman, Director, Security and Network, Landis+Gyr. Moderated by Lisa Frantzis, Senior Vice President, 21st Century Energy System, Advanced Energy Economy.

Fox to Address Trade, Immigration, Trump – The National Press Club will host a Headliners Luncheon on Tuesday, May 22nd featuring former Mexican President Vicente Fox.  Fox will deliver an address entitled “Democracy at the Crossroads: Globalization versus Nationalism”.  Fox, a right-wing populist representing the National Action Party (PAN), was elected as the 55th President of Mexico on December 1, 2000. Winning with 42% of the vote, Fox made history as the first presidential candidate in 71 years to defeat the Institutional Revolutionary Party (PRI). Fox’s administration focused chiefly on improving trade relations with the United States and maintaining Mexico’s growing economy. Fox left office in 2006, and in a break with his country’s cultural norms and traditions has remained in the public eye post-presidency and has not been shy about expressing his views and opinions.

CSIS, EPIC to Hold Nuclear Forum – CSIS and the Energy Policy Institute at the University of Chicago (EPIC) will hold a half-day public conference on Thursday afternoon May 24th to address pressing questions in an effort to better understand the potential future of U.S. nuclear power. Nuclear energy faces an uncertain future in the United States as the fuel is beset by fierce competition from natural gas and renewable energy in many markets. Coupled with failure to deliver new projects on time and at cost, along with a public sensitive to operational safety, existing and future nuclear power generation is at risk in the United States.

FERC Chair Headlines EIA Annual Energy Conference – EIA holds Its annual 2018 Energy Conference on June 4th and 5th at the Washington Hilton.  FERC Chair Kevin McIntyre will keynote the event.

Hydrogen, Fuel Cell Forum Set for DC – The Fuel Cell and Hydrogen Energy Association will be hosting a full-day forum and exposition on Tuesday, June 12 in Washington, D.C. at the Ronald Reagan Building and International Trade Center with leading executives, experts, and policymakers on fuel cell and hydrogen technology. The forum will bring together key federal and state policymakers, including the Department of Energy and White House, as well as the broader environmental, transportation, and energy communities to raise awareness of the benefits of fuel cell and hydrogen technology. This event will precede the Department of Energy’s 2018 Annual Merit Review.

GTM to Host Grid Forum – Greentech Media host Grid Edge Innovation Summit on June 20th and 21st in San Francisco.  The event is an energy conference that will examine the energy customer of tomorrow and how new innovative business models are quickly emerging.  GTM brings together forward thinking and prominent members of the energy ecosystem and as our research team explores the future of the market. Former FERC Chair Jon Wellinghoff will speak along with many others, including our friends Shayle Kann, Julia Pyper and Stephen Lacey.

Young Professional Program for World Gas Forum Set – The Young Professionals Program (YPP) will hold a special forum during the World Gas Conference June 25-29 in Washington, DC.  YPP will provide a great opportunity for promising young professionals in the energy sector to learn from top leaders in the natural gas industry and network with their peers throughout the world.  More on this as we get closer.

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.

Energy Update: Week of April 30

Friends,

Well, it seemed Scott Pruitt was getting a rough ride last Thursday on Capitol Hill but the White House Correspondents Dinner speaker Michelle Wolf may have underperformed him Saturday. Apparently, many didn’t particularly like a number of her jokes and her coverage was worse that NRDC’s coverage of Pruitt.  I am sad I missed it this year, but we were celebrating my colleague Scott Segal’s birthday.  Also, Hannah was home from Wellesley for the weekend to umpire a US national team field hockey match on Sunday.

Okay folks, the first week of May means it’s Kentucky Derby week.  The action starts Wednesday when post positions are drawn.  Kentucky Oaks on Friday and post time for the big race is 6:46 pm on Saturday.  We have the field and betting breakdown in a special section below.  I am telling you that Justify, Mendelssohn and Good Magic are who I’m watching, but see below for the full details and predictions.  

ICYMI, the FAA reauthorization passed Friday in the House and included provisions to update the Stafford Act (how we pay for disaster relief) that speeds up inspections and ensures a percentage of assistance is dedicated to predisaster hazard mitigation.  Given the approaching NOAA hurricane season forecast, as well as the current Congressional discussions of improving disaster relief, perhaps this is the right time to dig into this hurricane preparedness issue and focus on some of the solutions the most thoughtful planners are looking at today.  Researchers at MIT are already tackling part of the extreme weather calculus by looking at how to better fortify our structures to withstand the destructive effects of extreme weather events.  Jeremy Gregory, executive director of MIT’s Concrete Sustainability Hub (CSHub), is pushing the frontier of academic research into building materials, with implications for policymakers, building designers, communities and the vulnerable residents of hazard-prone areas.  We can help you here if you are digging in. Business Council for Sustainable Energy (BCSE) President Lisa Jacobson said the legislation “will ensure that the United States better prepares for disasters and extreme weather events and rebuilds more resiliently for when disaster does strike.”

Secondly, a number of folks reported on Friday that the Administration plans to freeze fuel economy standards at model year 2020 levels through at least model year 2026 vehicles.  While some are looking at it as a rollback, I would remind you that the Phase II targets were always seen as an overreach by most unbiased experts.  In fact, the agreement with a mid-term review was specifically designed to right-size the regs if it was likely that they would be unattainable (oh and they seem to be).  Either way, our friends at SAFE, Robbie Diamond, Greg Rogers, et al are In the middle of the action and can comment.  In fact, Diamond told the LA Times “a long, litigious road is the worst outcome for all stakeholders, especially the auto industry and American consumers.”

We taking a deep breathe this week with Congress in recess and more Pruitt hearings set for next week.

Off the Hill, this week is Waterpower Week in DC with the Hydro Association holding several events.  In Houston, the Offshore Technology Conference rolls into action.  Abby Hopper headlines Solar Summit 2018 tomorrow and Wednesday in San Diego and finally, the Columbia Center for Global Energy hosts an event today on conservative prescriptions on climate change that includes former Bush CEA chair Glenn Hubbard and our friend Rich Powell of ClearPath.

Finally, today is a big day in the trade world as temporary country exemptions on steel/aluminum tariffs expire.  My colleagues Josh Zive, Stoney Burke and Paul Nathanson are all over it and happy to discuss on the record.  As well, you can find more trade/tariff issues at the Coalition of American Metals Manufacturers and Users, which you can follow on Twitter at @tariffsaretaxes or on the website is www.tariffsaretaxes.org.

Call with questions.  Best,

Frank Maisano

(202) 828-5864

c. (202) 997-5932

 

FRANKLY SPOKEN

As the largest refiner by capacity in the U.S., with a best-in-class operating capability and a strong capital structure, the combined company will be exceptionally well-positioned to deliver on its synergy and earnings targets.”

Andeavor chairman and CEO, Gregg Goff discussing today’s deal with Marathon and how it provides value to shareholders now and in the future as part of the combined company.

 

ON THE POD

Bracewell Podcast Talking Trade – The latest Bracewell podcast will be posted soon and will focus on trade.  It will soon be live on Stitcher, iTunes, SoundCloud, and Google Play Music where Paul and Josh discuss today’s tariff deadline.

Amy Harder Talking Pruitt On TrumpWatch – With the Pruitt hearings last week, Amy Harder of Axios, New York’s WBA podcast “TrumpWatch”  to discuss whether Pruitt stays in his role at the EPA and discusses his  agenda.   , Amy discusses the testimony with host Jesse Lent about some of the more consequential actions he has taken while overseeing the EPA.

FUN OPINIONS

Harder Line on Climate – Our Friend Amy Harder has an Interesting column in her regular Harder Line column on Axios.com  that discusses why climate change can’t escape Washington’s back burner.  Amy smartly says climate change is one of the biggest issues facing political and corporate leaders, yet it is almost always put behind more imminent priorities. The amorphous, long-term nature of the problem doesn’t fit well into political agendas, and companies respond in kind.”  Even some of my friends in the environmental community with quietly admit this.  And it is also why Tom Steyer is now spending his millions on impeachment ads rather than the environment and climate.

THE DERBY PREVIEW

The annual Run for the Roses is back again for another edition of one of horse racing’s biggest events.

The first Triple Crown race of the year, the Kentucky Derby features a field of 20 horses vying for a purse of $2 million. Here’s a quick look at the basic information you need to know ahead of time so you don’t miss out on any of the festivities:

The 144th Kentucky Derby is the most exciting two minutes in sports.  It looks like we are in for a great and competitive race on Saturday. There are a few exciting prospects, and a few budding stars that will be going to post, but we also have some pretenders to sort through. The crop this year looks potentially strong, but important to note, while he qualified, Gronk is out because of a sickness.

Post time — 6:46 p.m.

Purse — $2 million, with $1.4 to the winner.

Attendance — More than 170,000

Weather — Mostly sunny and nice, 12% chance of precipitation, high of 81°.  The forecast is probably the single most important factor behind a good Kentucky Derby. It affects everything from track conditions, where wet weather can lead to a sloppy afternoon, to the infield, where wet weather can lead to a completely different kind of sloppy afternoon.  Bookmark willitrainonderbyday.com now and be sure to check back as we get closer to Derby Day.

TV — NBC’s coverage features hosts Bob Costas, a 27-time Emmy Award-winner, and Mike Tirico; analysts Randy Moss and Jerry Bailey, the Hall of Fame jockey and two-time Kentucky Derby winner; NBCSN host Krista Voda; analysts/handicappers Bob Neumeier and Eddie Olczyk; reporters Donna Brothers, Carolyn Manno, Laffit Pincay, III, and Kenny Rice; and race caller Larry Collmus.

The Distance — The Derby is 1 ¼ miles, or 10 furlongs.  Secretariat’s 1973 time of 1:59.40 remains the fastest ever.

The Draw — Post positions will be drawn Wednesday morning at 11:00 a.m.

Draw Facts — Since racing began using a starting gate in 1930, the #5 post has the highest win percent at 11.4%. Interestingly, the #10 spot that has the highest in-the-money percentage of runners at 29.6%. Conventional wisdom has it that the inside post positions are not as good for horses these days due to the size of the field and the risk of being squeezed out as the race progresses. Post positions 1, 2 and 3 have been in a drought without a winner since 1986, 1978 and 1998 respectively.  The official Kentucky Derby website has a convenient list of complete post position records for every Kentucky Derby over the years.

Churchill Downs — Known as the home of the Kentucky Derby and the Kentucky Oaks, Churchill Downs Racetrack is in Louisville, Kentucky and occupies 147 acres, featuring a one-mile dirt, oval racetrack and a seven furlong turf race course. Thoroughbred racing, the Kentucky Derby, and the Kentucky Oaks have run continuously at Churchill Downs since 1875. It features the Twin Spires — built in 1895 — that sit atop the grandstands, which remain among the most recognizable architectural features in the world.

What to Wear — The Kentucky Derby has been synonymous with style and glamour from the beginning. Today, it’s one of the only places in the world where people still dress to the hilt for a sporting event and where men’s fashion is just as important as women’s. From fantastic hats and colorful spring dresses to dashing bow ties and seersucker suits, Derby’s display of American style and tradition simply doesn’t exist anywhere else.

Men — The modern Derby man possesses an unparalleled color palette. Sun-drenched, tropical colors in bold stripes or busy plaid and bright pastels steal the limelight. Although, if you want a more polished look, a classic navy or pinstripe blazer is always in style. But remember, gentlemen: The secret to looking great is confidence.

Women — The Derby is a chance for every woman to express her inner Southern Belle. The race’s founder, Colonel M. Lewis Clark, Jr., had a vision for an experience that felt both comfortable and luxurious. Today, a myriad of fashions can be found at Derby – from cool sundresses to simple cocktail dresses and even more formal attire. But all these styles have one thing in common: the big Derby hat.  The extravagant hats that have become associated with the Derby did not really come around until the 1960s, when social fashion norms loosened up and the presence of television gave women a reason to stand out. The hats became larger, brighter, and more extravagant. Hats at the Kentucky Derby have become even more popular after the royal wedding in 2011, an event that showcased many elaborate hats and fascinators.  See a tutorial on Derby hats here.

The Apollo Curse — Not since the 8th running of the Derby has a horse won it without the benefit of a start as two-year old. That horse was Apollo who came with a late rush to beat Runnymeade back in 1882.  This year, we have not one but two horses looking to knock off the Apollo curse. Justify and Magnum Moon both come in looking strong and could end this streak.  Neither raced last year.
Breeder’s Juvenile — While it is a great race to win, the Breeders’ Cup Juvenile has not exactly been a harbinger for Derby winners. Nyquist is one of only two are the only two who won the Juvenile that also won the Roses.  Last year’s winner Good Magic may be good enough to go the distance.

THE FIELD of 20

Here are some horses in the field that I would look out for:

Magnum Moon (Trainer Todd Pletcher, Rider Luis Saez) – He is 4 for 4 without a start at two, taking the Rebel and Arkansas Derby. He will run in the Kentucky Derby off three weeks’ rest. He ran in the Arkansas Derby off a short rest and was bearing out significantly in that race. Three hard races in a relatively short window is cause for concern, especially when you watch the replay of him bearing out in the Arkansas Derby. The added distance doesn’t figure to help him, and at times, has shown a lack of maturity which could hurt in a big field. He should prompt the pace if not lead it.  It’s hard not to like an undefeated horse from the Pletcher barn, with a tough aggressive rider, but he has some negatives that could hurt him, especially if the pace is fast.

Mendelssohn (Trainer Aidan O’Brien, Rider Ryan Moore) – It should have come as no surprise this horse can motor on dirt. His race in Dubai amounted to a public workout. Yes the track was kind to speed and the rail was good but he ran fast, went easily, and by no means needs the front. He’s won on turf, synthetic, and on dirt. He’s been a mile and 3 sixteenths, that’s further than anyone he will face in Louisville. His last win is faster than any in here have run and if he repeats that (or anything close to it) he will be very tough to beat.

Justify (Trainer Bob Baffert, Rider Mike Smith) – It is probably not possible for a colt to be in better hands coming up to the Derby than Justify is with trainer (Baffert) and rider (Smith). He’s three for three with no starts at two, but only raced at Santa Anita, which is a question mark despite him being the likely favorite at Post time.  He has plenty of speed but he doesn’t have to be right on the lead. He can stalk and pounce and I suspect that is what Smith will attempt to do.  He will likely be the favorite and has had a strong showing during Churchill Downs workouts over the past couple of days, clocking in at 1:13 over six furlongs.

Good Magic (Trainer Chad Brown, Rider Jose Ortiz) – Good Magic just won in the Blue Grass and was last year’s  Breeders’ Cup Juvenile champ as a maiden.   He has lofty expectations and trained great lately.  He will probably sit off a projected fast or even contested pace, but go when called upon.  Ortiz is a winning machine and chooses wisely in big races so look out for this one.

Audible (Trainer Todd Pletcher, Rider Javier Castellano) – Audible is popular but his pedigree doesn’t scream a mile and a quarter.  As well, his Florida Derby win had a lot of good Luck in it as he sat off a suicide hot pace and moved into it at the right time to finish the field.  Experts worry about his finish.  Interestingly, world-class rider John Velazquez won the Florida Derby aboard this colt but jumped off to ride Vino Rosso.  That should tell you something.

Vino Rosso (Trainer Todd Pletcher, Rider John Velazquez) – Speaking of Vino, he looks like a true distance horse (given his breeding) and after a good race in the Wood Memorial, he pulled veteran rider Velazquez off Audible. He can sit back and make one run into a contested and probably fast pace. He looks like he put it all together at the right time and should be right there. The worry with Vino is he may be already peaking and if he has, it will be difficult for him to win.

Bolt D’ Oro (Trainer Mick Ruis, Rider Victor Espinoza) – While fast and talented, he doesn’t seem to be as fast and talented as Justify. He will need some help from his trip and his experience to turn those tables. It also hurt his chances when Javier Castellano, in search of that elusive first Kentucky Derby win, jumped off this colt to ride Audible. Victor Espinoza is a great replacement for the big show, but the he hasn’t really run faster than he did as a two-years old. That is a little strange and rare. A good pedigree with Medaglia d’ Oro and A.P. Indy makes him one to still keep an eye on.

Noble Indy (Trainer Todd Pletcher, Rider TBA) – The Louisiana Derby winner was somewhat lucky to beat both Lone Sailor and My Boy Jack in that race. He will face both again along with a host of others. He has speed to be part of the pace or close to it. He doesn’t look like the distance will do him any favors. He may be in the mix longer than some think, but likely not at the finish. He will probably struggle with an expected fast pace and the longer distance.

My Boy Jack (Trainer Keith Desormeaux, Rider Kent Desormeaux) – MBJ is coming off 3 less than ideal trips starting with a win up the rail in the mud. He ran on the rail (and was not intimidated by it) and likes the mud.  He also is a strong finisher as evidenced by his Louisiana Derby finish where he can from far back and was very wide. He is agile, brave and doesn’t quit.  He has a three race super steady pattern and may be peaking at the right time.  He has lots of speed and will likely finish strong.  And if there is any bit of rain, he won’t mind it wet.

Hofburg (Trainer Bill Mott, Rider Irad Ortiz) – If you are looking for a sleeper, another intriguing colt who lacks seasoning is Hofburg.  He ran in the Florida Derby where he was wide but never surrendered and kept coming against a much more seasoned and accomplished foe who also got the jump on him. He can easily turn those tables with the race behind him and with the added distance he should relish.  It will take a lot of talent to overcome his inexperience but he could be a really good one flying under the radar.

Combatant (Trainer Steve Asmussen, Rider Ricardo Santana) – With an unlucky wide draw in Arkansas, Combatant is improving and can rally from off the pace but also not too far off if Santana chooses. He will be long odds but could surprise.

Others: Enticed, Flameaway, Noble Indy, Firenze Fire, Free Drop Billy, Lone Sailor, Bravezo – These are all long shots but if I had to consider them, I might think Free Drop Billy, who had a great two-year old year but just hasn’t shown anything this year, might be a sleeper. As well, Brazevo is trained by D Wayne Lukas and ridden by Gary Stevens and while not as talented, that team has won big surprises before including Oxbow in the Preakness in 2013.

THE PACE

Pace makes the race, and the Kentucky Derby is no exception. It looks like there is enough early speed in this race to insure either a lively pace or possibly a contested one. It is impossible to get a read on this until we see the draw Wednesday morning. Post positions affect jockey strategies and will definitely change outlooks. It is likely Promises Fulfilled will likely be the initial pacesetter provided he breaks well. The only other scenario I see at this point is a Mike Smith decision to go if Justify breaks well and gets the jump. He probably doesn’t want to lead, but will if it there, knowing Justify can handle it.  Justify is inexperienced so a clean ride without a lot of dirt and not having to bounce in the stretch may help him. The pace is the Derby is usually a fast one as the track is likely to be playing fast, especially with the forecast, but once things are out there are a number of pace pressers (Magnum Moon, Enticed, Flameaway, Noble Indy, Firenze Fire) all have enough speed to hang.  A fast pace does not mean speed can’t win if someone is loose and gets brave but it will be hard for the speed to hold at a mile and a quarter if things get contested.  Mendelssohn’s strength may give him an edge on some or most of the stalkers.  We’ll know more with the draw on Wednesday and with track conditions on Saturday, but it looks like a closers race on paper unless Justify is just too good.

ODDS

Odds to win 2018 Kentucky Derby (5/5/18) – per Sportsbook.ag as of today (4/30/18):

  • Justify 3-1
  • Bolt D’oro 18-5
  • Mendelssohn 9-2
  • My Boy Jack 9-2
  • Magnum Moon 19-4
  • Audible 13-2
  • Good Magic 15-2
  • Hofburg 10-1
  • Vino Rosso 16-1
  • Enticed 20-1
  • Solomini 25-1
  • Noble Indy 28-1
  • Flameaway 30-1
  • Instilled Regard 35-1
  • Free Drop Billy 40-1
  • Bravazo 50-1
  • Combatant 50-1
  • Lone Sailor 50-1
  • Promises Fulfilled 50-1
  • Firenze Fire 75-1

2018 Kentucky Derby Prediction

I don’t like to pick favorites, especially those that are under the Apollo Curse, but my gut says Justify is the best and strongest horse in the field.  If he is a favorite at 7-2 or higher, I am definitely laying cash there, but I don’t expect him to stay there.   Anything lower and I’ll probably box him up with Mendelssohn and Good Magic in the Trifecta box and add either My Boy Jack or Magnum Moon for the Super.

Win: Justify

Trifecta Box: Justify, Mendelssohn, Good Magic

Superfecta Box: Justify, Mendelssohn, Good Magic with My Boy Jack or Magnum Moon

Sleepers: Hofburg (10-1) and/or My Boy Jack (9-2)

Long Shots: Free Drop Willy (40-1) or Bravazo (50-1), each worth the $2 bet

IN THE NEWS

Marathon, Andeavor Connecting – Marathon Petroleum said today it will buy out San Antonio’s Andeavor, in a $23.3 billion cash-and-stock deal, bringing together the second-largest U.S. refiner and a highly integrated marketing, logistics and refining company.  The deal will see Marathon swap each Andeavor share for either 1.87 shares of Marathon common stock or $152.27 in cash; the deal is structured so that about 15% of Andeavor’s shares will receive the cash consideration.
Marathon investors will hold about 66% of the company, while Andeavor investors will own the other 34%.  The combined company will continue to use Marathon’s Findlay, Ohio, headquarters but will maintain an office in San Antonio, Texas, where Andeavor is currently based.  Gregg Goff, Andeavor chairman and CEO, said the deal provides value to shareholders now and in the future as part of the combined company.  The deal, which is subject to shareholder approval by both company’s investors as well as regulatory approval, is expected to close during the second half of 2017.

FAA Legislation Approved – The House approved FAA reauthorization legislation Friday.  The must-pass bill includes the Disaster Recovery Reform Act (DRRA), which reforms the Stafford Act. The DRRA clarifies existing assistance programs to speed up inspections and ensure that a percentage of assistance is dedicated to predisaster hazard mitigation.  The most important changes to the Stafford Act – which is how we pay disaster assistance – reduces restrictions for mitigation assistance and aims to ensure assistance is provided efficiently. The DRRA also mandates a FEMA guidance enabling cooperation with state and local governments in acquiring “open space” as a mitigation measure. This is significant most everyone agrees that hurricanes in the US are intensifying, both in frequency and in strength.  Every year, we seem to be incurring more damage and spending more on repairs.  The FAA changes underscore the immediate and demonstrable results of fortifying our structures to withstand the destructive effects of extreme weather events.  To that end, researchers at MIT are already tackling this part of the extreme weather calculus.  Jeremy Gregory, executive director of MIT’s Concrete Sustainability Hub (CSHub), is pushing the frontier of academic research into building materials, with implications for policymakers, building designers, communities, and the vulnerable residents of hazard-prone areas.

CPP Comments Filed – The Electric Reliability Coordinating Council submitted comments on the Clean Power Plan repeal last Thursday as the deadline closed.  ERCC argued 1) the CPP went well beyond EPA’s Authority under Section 111(d) of the Clean Air Act; 2) CPP Is fundamentally inconsistent with the Cooperative Federalism Principles that Congress established in the CAA and other Federal Statutes; 3) the Clean Power Plan is just bad policy because it jeopardizes electric supply and harms consumers while essentially doing nothing to reduce climate change.  Finally, ERCC said it supports efforts for EPA to replace the CPP with regulations based on sound legal and economic principles. “Such an effort would provide regulatory certainty, diminish frivolous litigation, and aide the planning efforts of power companies and state utility commissions.”

Energy Storage Legislation Introduced – Reps. Steve Knight (R-CA) and Bill Foster (D-IL) have introduces legislation (H.R. 5610) that would establish a set of concrete innovation goals in the coming years for energy storage technologies. The Better Energy Storage Technology (BEST) Act is modeled after similar “moonshot” initiatives, including John F. Kennedy’s original goal of landing a man on the moon that propelled the U.S. past Russia in the space race. The same type of moonshot goals can be applied to technologies such as energy and battery storage as the U.S. looks to keep up with and surpass China in the global clean energy race.  The House bill is similar to one in the Senate introduced by Sens. Jeff Flake (R-Ariz.) and Martin Heinrich (D-N.M.)

DOE Announces $60M for Advanced Nuclear Technology Development – Energy Secretary Rick Perry announced 13 projects that will receive about $60 million to support cost-shared research and development in advanced nuclear technologies. The selections — broken down into categories pertaining to nuclear demonstration readiness, advanced reactor development, and regulatory assistance grants — are the first under the Office of Nuclear Energy’s “U.S. Industry Opportunities for Advanced Nuclear Technology Development” effort.  The announcement includes $40 million in DOE funding for NuScale’s small modular reactor design effort and nearly $5 million for a project to design and license application development for a facility capable of handling high-assay, low-enriched uranium and production of uranium fuels required for advanced nuclear fleets.

Report: Market, Regulatory Challenges to Pumped Storage Growth – With WATERPOWER Week upon us, the National Hydropower Association released a new report that says developing market changes that recognize the energy reliability and security role pumped storage plays and evaluating energy storage technologies based on their abilities to provide key supporting services to the overall electric grid. The report also recommends streamlining licenses for low-impact pumped storage hydropower and developing standard evaluation criteria for all forms of energy storage to better compare and evaluate different types of storage.

Report Looks at Nuclear, Renewables Integration – MIT Energy Initiative and Argonne National Lab teamed up for a report underscoring how nuclear and renewable power can work in tandem under a more diverse and reliable grid. “We find that operating nuclear plants in a more flexible manner, including varying power output to integrate renewable energy and supplying valuable operating reserves and frequency regulation, presents a potential ‘win-win-win’,” MIT’s Jesse Jenkins said. Jenkins and his modeled the benefits of pairing renewable resources with more flexible operation of nuclear power plants in a recent paper in Applied Energy. During summer 2015, the team worked on two power systems projects: one on the role of energy storage in a low-carbon electricity grid, and the other on the role of nuclear plants. Linking the two projects, the report uses new sources of operating flexibility to integrate more renewable resources into the grid.

 

ON THE SCHEDULE THIS WEEK

Offshore Tech Conference Set – The Offshore Technology Conference (OTC) starts today and runs through Thursday at NRG Park (formerly Reliant Park) in Houston.  The conference is focused on scientific and technical knowledge for offshore resources and environmental matters. OTC showcases leading-edge technology for offshore drilling, exploration, production, and environmental protection. OTC is the world’s foremost event for the development of offshore resources.

MI Innovation Council to Hold Meeting – Michigan Energy Innovation Business Council holds its 6th Annual conference today at the Radisson Hotel Lansing at the Capitol. The full-day conference focuses on innovations in advanced energy, as well as get an overview on the latest policy developments. There will be several break-out panels throughout the day featuring dozens of expert panelists. The event brings together leaders in Michigan’s advanced energy industry, utility executives, policymakers, regulators, and others.

Forum to Look at Climate, Conservative Views – The Columbia Center for Global Energy hosts an event today on conservative prescriptions on climate change.  As part of its continuing series “Where Next on Climate?” the Center on Global Energy Policy will host a program focusing on conservative prescriptions to deal with climate change. Dr. Glenn Hubbard, Dean of the Columbia Business School and former chair of the Council of Economic Advisors under President George W. Bush, will offer opening remarks, then lead a panel discussion with our friend Rich Powell of ClearPath, John Diamond of Rice University’s Baker Institute for Public Policy and Lynne Kiesling of Purdue University and R Street Institute.

NHA holds Washington Waterpower Week – The National Hydropower Assn holds Waterpower Week in Washington today through Wednesday.  Waterpower Week is comprised of three co-located conferences rolled into one: NHA’s Annual Conference, International Marine Renewable Energy Conference (IMREC), and Marine Energy Technology Symposium (METS). This 3-day jam packed event provides you the opportunity to network, learn about legislative and regulatory initiatives, and discuss the issues impacting hydropower and marine energy industry.

Solar Summit Set for SD – GTM’s Solar Summit 2018 will be held in San Diego tomorrow and Wednesday at the Hyatt La Jolla.  This conference will present deep dives by the top industry executives and thought leaders that will help you navigate the challenges in the market.  SEIA’s Abby Hopper and former Governator Cal EPA head Terry Tamminen are among the list of speakers.

CSIS to Look at Carbon PricingThe CSIS Energy & National Security Program will host John Larsen (Rhodium Group; CSIS), Jerry Taylor (Niskanen Center), and Thomas Kerr (IFC) tomorrow to discuss the state of play of carbon markets and pricing around the world. Carbon pricing and emissions trading systems (ETS) have been gaining momentum as tools to reduce greenhouse gas emissions and meet Paris Agreement targets. The majority of OECD countries have a carbon pricing mechanism in place.  Despite progress, carbon pricing and ETS only cover approximately 15% of global emissions. The United States is still without a nation-wide carbon price, a politically fraught issue. Ultimately, prices must be significantly higher, and these mechanisms more widely adopted, in order to meet the goals of the Paris Agreement. Whether pricing carbon and ETS will come to meet expectations remains an open question.

Forum to Look at PJM Region Energy Issues – On Wednesday, the Great Plains Institute and Duke University’s Nicholas Institute for Environmental Policy Solutions hold an expert workshop for state officials and stakeholders exploring recent energy and environmental policy developments in the PJM region.  Federal Energy Regulatory Commissioner Robert F. Powelson will deliver a keynote address.  After Commissioner Powelson’s keynote, Adam Keech, Executive Director of PJM Market Operations will present on recent developments at the RTO. A panel of state leaders will then react to recent PJM proposals and decisions and present on state-level developments. An industry panel will explore trends in the electricity industry, including recent commitments by utilities to decarbonize their portfolios. A third panel will explore timely environmental issues, from the new tax credit for carbon capture and storage projects to EV charging infrastructure and Virginia’s move to link to RGGI.

Forum to Focus on Russian Energy – On Wednesday at 10:00 a.m., the Atlantic Council holds a timely discussion on Russia’s energy strategy, the final event in a four-part series on Russia Today and Tomorrow: Internal Strengths and Weaknesses.  Russia remains one of the largest oil and natural gas producers in the world. Its economy largely depends on energy exports, with revenues accounting for about a half of the country’s federal budget. Dr. Tatiana Mitrova, director of the Energy Center at the Moscow School of Management SKOLKOVO, will be presenting a paper of Russia’s energy strategy. This will be followed by a panel discussion which will explore the current state of the energy industry in Russia, as well as its immediate and long-term strategy and the influence of the Russian government that includes our friend Elizabeth Rosenberg of the Center for a New American Security.

JHU Forum to Look at China, Enviro Policies – On Wednesday at 12:00 p.m., Johns Hopkins University’s School of Advanced International Studies hosts a forum on Chinese environmental policies.  Professor Rui Wang specializes in the public policy analysis for sustainable development, especially on issues related to cities or China. Professor Wang’s research appears in the areas of public policy, economics, and natural science and has been covered in the Atlantic, Harvard Business Review, Los Angeles Times and New York Times. He also gave talks at the China Finance 40 Forum, Hong Kong Monetary Authority, Los Angeles World Affairs Council, RAND, World Bank, and numerous academic conferences and institutions. His works on California’s local climate actions, China’s urban household carbon emissions, and parking in China’s cities were cited by the IPCC’s Fifth Assessment Report. Professor Wang is the inaugural Johns Hopkins SAIS China Yeung Family Endowed Scholar and a steering committee member of the Johns Hopkins 21st Century Cities Initiative.

NAS to Hold Forum on WIPP – The National Academies of Sciences hosts a public meeting on Wednesday at 2:30 p.m. focused on the disposal of surplus plutonium in the Waste Isolation Pilot Plant in New Mexico.

Forum Looks at Climate – The Wilderness Society hosts “Climate Change and U.S. Public Lands” on Thursday morning at 8:30 a.m. at the National Press Club.  The forum is the second of a series of panel discussions aim to give the information, resources and connections journalists need to continue telling in-depth, powerful stories that explore the implications of current and future energy, environment and climate policies.  This upcoming panel discussion will dig deeper into the role that U.S. public lands play in the climate change discussions and solution, and the issues that surround it, with topics including: energy production and emissions tracking on public lands; the impact of an energy dominance agenda on the administration’s view of climate change and participation on an international stage; aspects of impacts and adaptation; and carbon storage.  Speakers include former Governor of Colorado Bill Ritter, former Deputy Secretary, U.S. Department of Interior David Hayes, Mother Jones writer Rebeccca LKeber and WaPo’s Dino Grandoni.

Forum  Looks at Oil in Iraq – The Middle East Institute (MEI) hosts a panel discussion on Thursday at 2:00 p.m. examining options and priorities for improving governance in Iraq, featuring Erin Banco, investigative reporter for the Star-Ledger and NJ.com; Alan Eyre (State Department), Omar Al-Nidawi (Gryphon Partners), and MEI Scholar Jean Francois Seznec. The panel will be moderated by MEI’s director for conflict resolution and Track II dialogues, Randa Slim.

IN THE FUTURE

WINDPOWER Set for Chicago – The American Wind Energy Assn (AWEA) will hold WINDPOWER 2018 in Chicago from May 7th to 10th.  The industry closed 2017 strong, delivering 7,017 megawatts (MW) of new wind power capacity. That new capacity represents $11 billion in new private investment. There are now 89,077 MW of wind power installed across 41 states, enough to power 26 million American homes.  The wind industry is expected to continue its growth into 2018. WINDPOWER is where the industry comes together to plan for the future and keep this success story growing.

Approps Subpanel to Mark Energy Budget – The House Appropriations Committee’s Subcommittee on Energy and Water Development, and Related Agencies will meet next Monday AT 5:30 p.m. to mark-up  the FY 2019 Energy and Water Appropriations Bill.

BP Tech Head to Discuss Global Energy – The Atlantic Council’s Global Energy Center will hold a wide-ranging discussion next Tuesday at 9:00 a.m. about the role of technology in shaping the future of global energy. The energy industry is changing faster than at any time in our lifetime. It faces two huge challenges: firstly, providing more energy than ever before to meet the world’s increasing demand; and secondly, transitioning to a lower carbon future. Drawing upon analysis conducted by BP and its partners, BP’s Technology Head David Eyton will discuss some of the major longer-term signals out to 2050, as well as key findings in transport, power and heat. Eyton’s conversation with Amb. Morningstar will also cover the key game-changing technologies for the energy industry and the challenges we face.

Senate Approps to Host Pruitt – EPA Administrator Scott Pruitt is scheduled to testify the week of May 7th before the Senate appropriations subcommittee that oversees his budget according to Sen. Lisa Murkowski, who chairs the panel.

BPC to Host Panel on Federal Science – The Bipartisan Policy Center will Host a Forum on Tuesday May 8th at 9:00 a.m., looking at federal funding for Fiscal Year 2018 for research and development. Continually developing new scientific knowledge and technologies drives long-term economic growth and creates higher-skilled jobs. BPC will focus its conversation on federal investment in scientific research and innovation and how to maintain America’s economic and competitive edge.

Senate Energy Committee to Look at Puerto Rico – The Senate Energy Committee will convene an oversight hearing next Tuesday at 10:00 a.m. to examine the current status of Puerto Rico’s electric grid and proposals for the future operation of the grid.

Forum to Discuss LNG Study – U.S. Energy Association will hold a forum on Tuesday, May 8th at 10:00 a.m. featuring energy economists at ICF who recently conducted a study for LNG Allies.  The study “Calculating the Benefits of US LNG Exports” looked at direct, indirect, and induced value added ($GDP) and employment from LNG terminals and the natural gas feedstock.  The principal author of the ICF report, Harry Vidas, joins Fred H. Hutchison, President/CEO, of LNG Allies to discuss the findings.

EnviroRun Features Amy Harder – Next Tuesday, Envirorun DC hosts Amy Harder, energy and climate change reporter at Axios. Amy is an energy and climate change reporter at Axios, both in her regular column called Harder Line, and her other reporting for Axios she covers congressional legislation, regulations, lobbying, and international policy actions affecting energy and climate change issues in the United States. She previously covered the same issues for The Wall Street Journal and before that at National Journal.  The run begins at 6 PM and we will return to the venue for networking and hear from the speaker at 7:00 pm.

OPIS Looks at West Coast Fuel Supply – OPIS holds a forum in Napa Valley at the Silverado Resort on May 9th and 10th looking at West Coast fuel supplies and transportation opportunities.  Industry experts will examine the impact of new players in the Western markets, opportunities that California assets can offer, carbon emissions regulations, renewable fuels, plus get an exclusive technical analysis of West Coast spot market prices.

Forum to Look at Nuclear Challenges – The Center for Climate and Energy Solutions holds a conversation on Wednesday May 9th at GWU’s Lerner Hall at 9:30 a.m. featuring utilities, federal and state policy experts, and industry analysts to discuss solutions to address this question and others.  The event will feature a keynote from Ralph Izzo, CEO of PSEG, as well as perspectives on state policy options, environmental and economic impacts, and the federal landscape.

WCEE Forum Looks Congressional Energy Agenda – The Women’s Council on Energy and the Environment (WCEE) will host a forum on Thursday, May 10th at 8:00 a.m. at the American Gas Association to look at the Congressional agenda in the first year of the Trump Administration.  WCEE hosts for a wide-ranging conversation over breakfast about Congressional priorities and areas for bipartisan agreement on energy and environment issues. Key Congressional staffers who will offer their insights and opinions on the busy year that lies ahead include Senate Energy’s Chester Carson and Brie Van Cleve, Emily Domenech of the House Science Committee’s Energy panel, House Energy and Commerce Committee’s Energy and Environment Majority Chief Counsel Mary Martin and several others.

CSIS, EPIC to Hold Nuclear Forum – CSIS and the Energy Policy Institute at the University of Chicago (EPIC) will hold a half-day public conference on Thursday afternoon May 24th to address pressing questions in an effort to better understand the potential future of U.S. nuclear power. Nuclear energy faces an uncertain future in the United States as the fuel is beset by fierce competition from natural gas and renewable energy in many markets. Coupled with failure to deliver new projects on time and at cost, along with a public sensitive to operational safety, existing and future nuclear power generation is at risk in the United States.

FERC Chair Headlines EIA Annual Energy Conference – EIA holds Its annual 2018 Energy Conference on June 4th and 5th at the Washington Hilton.  FERC Chair Kevin McIntyre will keynote the event.

Hydrogen, Fuel Cell Forum Set for DC – The Fuel Cell and Hydrogen Energy Association will be hosting a full-day forum and exposition on Tuesday, June 12 in Washington, D.C. at the Ronald Reagan Building and International Trade Center with leading executives, experts, and policymakers on fuel cell and hydrogen technology. The forum will bring together key federal and state policymakers, including the Department of Energy and White House, as well as the broader environmental, transportation, and energy communities to raise awareness of the benefits of fuel cell and hydrogen technology. This event will precede the Department of Energy’s 2018 Annual Merit Review.

GTM to Host Grid Forum – Greentech Media host Grid Edge Innovation Summit on June 20th and 21st in San Francisco.  The event is an energy conference that will examine the energy customer of tomorrow and how new innovative business models are quickly emerging.  GTM brings together forward thinking and prominent members of the energy ecosystem and as our research team explores the future of the market. Former FERC Chair Jon Wellinghoff will speak along with many others, including our friends Shayle Kann, Julia Pyper and Stephen Lacey.

Young Professional Program for World Gas Forum Set – The Young Professionals Program (YPP) will hold a special forum during the World Gas Conference June 25-29 in Washington, DC.  YPP will provide a great opportunity for promising young professionals in the energy sector to learn from top leaders in the natural gas industry and network with their peers throughout the world.  More on this as we get closer.

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.

Energy Update: Week of April 23

Friends,

Sorry friends we are a little late today but I’ve been running around Atlanta in meetings and am now headed to an event where SoCo CEO Tom Fanning with be named CEO Coach of the Year by the American Football Coaches Assn. Nice digs at the Georgia Aquarium by the way, you should check it Out if you are ever down here.

Well, it’s last week of April and I can’t say we’ve had enough April showers but it has been too darn cold, so I hope we’ll see some better weather soon. At least our friends in England have another Prince in the line of succession. Poor Prince Harry, slipping down the list further despite the big summer wedding plans.  So far the hockey playoffs have been pretty exciting and yesterday we put the Valero Texas Open in the books with Andrew Landry earning his first PGA win.

We have a CRAZY week in Congress, but nothing will bigger than Thursday’s Scott Pruitt show.  That’s when the House Energy and Commerce Committee and House Appropriations will both host EPA Administrator Pruitt on the agency’s budget request.  Good Luck with that topic which will probably be more security, first class flying and office decorations (Still don’t think a SCIF is an office decoration) rather than Superfund. Other hearings include a House Resources hearing on Wednesday looking at NEPA lawsuits and NRC Commissioner at House Approps on 2019 budget.  Finally, Sens. Michael Bennet and Susan Collins host Olympians as they brief Congress about impact of climate change on winter sports at 12:30 p.m. on Wednesday.

More excitement just now on the committee vote for Secretary of State Mike Pompeo with Rand Paul  surprisingly voting for Pompeo in committee, allowing him to clear the Senate Foreign Relations Committee.  Obviously, the nomination will roll forward as Sen. Heitkamp has said she already supports him.  I would expect a few others to like Connelly and Manchin to follow suit.  Anyway, important climate and HFC issues on the plate for the Secretary of State so stay tuned.  We may also soon see an economic study from supporters of addressing HFCs through the Kigali amendment.  We will keep you posted.

Thursday is also the deadline for comments on the withdrawal of the Clean Power Plan.  We are all over this with Jeff Holmstead, Scott Segal and other folks who are commenting.  I will try to send a summary of some comments later this week.

Watch out for additional traffic this week on the Hill and it is more than just Pruitt gawkers.  Tomorrow and Wednesday cement manufacturers and workers will be in DC pushing for Infrastructure opportunities and discussion of costs saving measures like life cycle cost analysis.  In fact last week, cement industry economists released research that shows incorporating a life-cycle cost analysis (LCCA) provision into federal infrastructure legislation can save taxpayers $91 million for every $1 billion spent on projects, and today, Reps. Jason Lewis (R-MN) and Peter Aguilar (D-CA) introduced legislation that will increase the usage of LCCA for large federally funded infrastructure projects.

Also coming to town on Thursday, look for union refinery workers that want to continue to remind President Trump and Congress that the current structure of the RFS risks their jobs. This will be Interesting given many refiners big, small and integrated will report their first quarter earnings this week and next. Valero, Shell and ConocoPhillips report Thursday, while Chevron and ExxonMobil are Friday.  BP, Holley Frontier and PBF report next week and Andeavor on May 7.  Given the ongoing battle over the RFS, stay tuned.

This White House Correspondents Dinner is on Saturday.  I have gone a number of times and it is always fun to see everyone. Also, next week is Kentucky Derby week.  We will have the breakdown next week.  Call with questions.  Best,

 

Frank Maisano

(202) 828-5864

c. (202) 997-5932

 

FRANKLY SPOKEN

“Americans are united in the belief that now is the time to invest in infrastructure – and those investments should be made wisely. Including LCCA in legislation would be a taxpayer victory, and provide a guardrail for delivering return on investment for the federal government and states funding infrastructure revitalization.”  

PCA President and CEO Michael Ireland discussing a new report from PCA incorporating a life-cycle cost analysis (LCCA) provision into federal infrastructure legislation.

 

ON THE POD

Bracewell Podcast Talking Trade – The latest Bracewell podcast returns this week and is live on Stitcher, iTunes, SoundCloud, and Google Play Music.  Josh and Liam discuss this week’s roll-out of “TariffsAreTaxes” coalition to fight steel and aluminum tariffs, the “generic ballot” and what it tells us about Midterms, and a special 4/20 topic: federal decriminalization of marijuana.

Book, McMonigle Featured on CapCrude – Platts Capitol Crude Podcast looks at geopolitical risks flaring up across the globe which raises the prospect of oil supply disruptions. Platts Meghan Gordon hits up veteran analysts Joe McMonigle of Hedge Risk Management and Kevin Book of ClearView Energy Partners to weigh in on four of the top risk areas: Venezuela’s collapsing economy, the Syrian war, the teetering Iran nuclear deal and China trade tensions.

IN THE NEWS

Study: Life-Cycle Cost Analysis Can Save Taxpayers Billions on Infrastructure Projects A new report from the Portland Cement Association (PCA) Market Intelligence Group says incorporating a life-cycle cost analysis (LCCA) provision into federal infrastructure legislation could save taxpayers $91 million for every $1 billion spent on projects.  Using research from the MIT Concrete Sustainability Hub, the report says evaluating the full economic burden of a project over its lifetime is key to improving performance and lowering costs, 50 percent of which can relate to project maintenance.   PCA economists estimate that applying the roughly 9.1% savings rate to the Trump Administration’s infrastructure proposal could yield $90 billion in potential taxpayer savings.  If LCCA had been included in the FAST Act, which provided $226.3 billion to federal-aid highways beginning in FY 2016, there would have been a $2.4 billion taxpayer savings. This translates to roughly 1000 highway lane-miles, equivalent to paving a two-lane highway from Washington, D.C. to Boston.  LCCA is a widely supported, long-proven process that helps planners, engineers and policy makers understand the full cost of a project over its lifetime. Including LCCA in project design and planning leads to greater accuracy, better performance and lower costs.  To learn more, see PCA’s analysis. To learn more about the principles of life-cycle-cost analysis, visit the MIT CS Hub. To learn about organizations that support LCCA, visit www.cement.org/lcca.

Reps. Introduce LCCA Legislation – Speaking of LCCA, Jason Lewis (R-MN) introduced legislation called “Preserving America’s Infrastructure Dollars (PAID) Act of 2018” which will increase the use of  Life Cycle Cost Analysis (LCCA) for large federally funded infrastructure projects.  Lewis said “Infrastructure is the backbone of America, and the roads, highways, and bridges built or repaired should be made to last. Under the bipartisan PAID Act, federally funded projects would need to undergo LCCA to factor in initial building costs and future costs such as maintenance, to evaluate the economic efficiency between various construction options and designs.”  Many states, including Minnesota and California, already perform LCCAs for construction projects. Lewis says the process encourages market competition and strong stewardship of taxpayer dollars, while allowing states to retain the flexibility to make the best decision for their communities.

Tax Group, Highway Users, Boilermakers Support – The legislation is supported by Americans for Tax Reform, The American Highway Users and International Brotherhood of Boilermakers all endorse the legislation.  The Boilermakers said when “the benefits of long-lasting and durable concrete are taken into account, we believe the market for this valuable material will only be enhanced.”    Americans for Tax Reform President Grover Norquist said almost 50% of infrastructure costs are future costs such as maintenance, rehabilitation, and restoration, so requiring LCCAs will ensure that agencies are armed with information to make the most cost-effective said decisions when allocating infrastructure dollars.” The Highway Users said they support federal policy that encourages the States to keep federal taxpayers’ interests in mind by evaluating the short and long-term benefits of various, value-engineered construction and materials approaches.

Perry Announces $105 Million in New Funding to Advance Solar Technologies – DOE announced up to $105.5 million last week to support solar technology. Under its Solar Energy Technologies Office (SETO), DOE will fund about 70 projects to advance both solar photovoltaic (PV) and concentrating solar thermal power (CSP) technologies, as well as facilitate the secure integration of those technologies into the nation’s electricity grid. Funding will also support efforts that prepare the workforce for the solar industry’s future needs.  The 2018 SETO announcement will combine all of SETO’s technology areas into one request. By creating a more streamlined and consolidated funding strategy, DOE seeks to accelerate the cycles of learning in solar research and reduce government overhead costs.  Sign up HERE to learn more about this funding opportunity at an upcoming webinar.

What Will DOE Cover – The funding program will focus on four main areas:

TOPIC 1: Advanced Solar Systems Integration Technologies (up to $46 million, ~14 projects)

  • These projects will advance research on technologies that enable the seamless integration of solar energy onto the nation’s electricity grid. By supporting advances in power electronics, solar plus storage, and PV-integrated sensor technologies, the work will help ensure a smooth transition to a secure, reliable, and resilient grid of the future.

TOPIC 2: Concentrating Solar Power (CSP) Research and Development (up to $24 million, ~21 projects)

  • These projects pursue innovative CSP concepts and technology solutions that enable the solar industry to reach DOE’s 2030 levelized cost of electricity (LCOE) targets for CSP, including $0.05 per kilowatt-hour for systems with greater than 12 hours of onsite storage. Research in CSP will focus on advancing elements found in CSP subsystems, including collectors and thermal transport systems for advanced power cycles, while pursuing new methods for introducing innovation to CSP research.

TOPIC 3: Photovoltaics Research and Development (up to $27 million, ~28 projects)

  • These projects support early-stage research to increase performance, reduce materials and processing costs, and improve reliability of PV cells, modules, and systems. These projects support DOE’s efforts to lower LCOE to $0.03 per kilowatt hour from utility-scale systems by 2030, which is half the cost of utility-scale solar today.

TOPIC 4: Improving and Expanding the Solar Industry through Workforce Initiatives (up to $8.5 million, ~4 projects)

  • These projects will pursue innovative initiatives that prepare the solar industry for a digital future while also increasing the number of veterans and participants in the solar industry.

EEI, Utilities Promote Storage – The Edison Electric Institute (EEI) and 32 energy companies/organizations sent a letter to leaders of the Energy Storage Association (ESA) last week to support its efforts in advancing energy storage and to highlight principles seen as critical to helping the nation achieve a cleaner, more reliable and affordable energy system. Seeking to ensure the long-term growth of the energy storage industry, the letter promoted the need for state and local regulatory authorities to evaluate and choose the business and ownership models that will best facilitate growth in their state. The letter also stated that energy storage deployed at scale could strengthen electric company operations and reliability, while modernizing the energy grid and lowering overall costs.

NAFTA Discussions Look to Wrap Up – Mexican Economy Minister Ildefonso Guajardo reaffirmed Friday that the United States, Canada and Mexico are still pushing for a “comprehensive” new NAFTA agreement, despite the intense focus in recent weeks on automotive rules of origin. However, Canadian Foreign Minister Chrystia Freeland told reporters separately that the discussion on the auto rules of origin language was still center stage.  Ministers will meet again on Tuesday.  An informal timetable for wrapping up the talks is also looming. U.S. Trade Representative Robert Lighthizer is pushing to wrap up talks in the next couple of weeks so that Congress can vote by mid-December.  My colleagues Josh Zive and Stoney Burke are following this issue closer than anyway and are happy to offer your Insights.  You can reach them at josh.zive@bracell.com or Stoney.burke@bracewell.com

DTE NatGas Plants Approved – The Michigan Department of Environmental Quality approved a permit for DTE Energy to build two natural gas-fired turbines near Detroit despite local Opposition concerned about pollution concerns. MDEQ officials say they reviewed public comments and concluded that DTE’s request met all of the requirements for a permit.  DTE’s turbines will be part of the company’s new infrastructure in a facility that will power Ford Motor Co.’s Research and Engineering Center as it transforms into a green, high-tech campus. Other systems will include natural air flow ventilation and geothermal heating and cooling.

 

ON THE SCHEDULE THIS WEEK

Fanning to Receive Leadership Award from Coaches – Southern CEO Tom Fanning will receive the CEO Coach of the Year award from the American Football Coaches Assn at a dinner tonight at the Georgia Aquarium.  The award is the highest honor bestowed by the organization, whose inaugural recipient in 2006 was Jeffrey R. Immelt, former CEO of General Electric. Other former winners include former Domino’s Pizza CEO David Brandon (2007), former MidAmerican Energy Holdings CEO David Sokol (2008), former HP CEO Mark Hurd (2009), FedEx CEO Fred Smith (2010); BP Capital CEO T. Boone Pickens (2011); NFL Commissioner Roger Goodell (2012); former ExxonMobil CEO Rex Tillerson (2013), AT&T CEO Randall Stephenson (2014),  Berkshire Hathaway Energy head Greg Abel (2015) and former Honeywell Chairman and CEO David Cote (2016).

Refiners Security Conference Set – The annual AFPM Security Conference will be held today through Wednesday in New Orleans and presents current topics of vital importance to critical infrastructure, keeping security professionals up to date on security issues, policies, and future regulations. The event will relay the latest information on security regulations from DHS and the Coast Guard. This year’s conference will also go beyond just the regulations with sessions on hurricane response efforts, environmental NGO activism, cybersecurity and other emerging security and terror threats.

Axios to Host Gore, Sen. Sullivan – Mike Allen and Axios will host conversations on the news of the day with former VP Al Gore and Sen. Dan Sullivan of Alaska at AJAX tomorrow at 8:00 a.m. as part of it News Shapers Series.

Webinar to Look at Infrastructure on Hurricane – The Bipartisan Policy Center holds a webcast tomorrow at 10:00 a.m. on whether America’s infrastructure can withstand the next natural disasters.  They will also discuss what lessons can be learned from previous disasters.”

Wilson to Hosts Climate Book Launch – Tomorrow at 3:00 p.m., the Woodrow Wilson Center hosts a book launch discussion with author Barry Rabe on pricing carbon. Climate change, economists generally agree, is best addressed by putting a price on the carbon content of fossil fuels—by taxing carbon, by cap-and-trade systems, or other methods. But what about the politics of carbon pricing? Do political realities render carbon pricing impracticable?  In this book, Barry Rabe offers the first major political science analysis of the feasibility and sustainability of carbon pricing, drawing upon a series of real-world attempts to price carbon over the last two decades in North America, Europe, and Asia.

JHU Hosts Forum on Resilient Infrastructure – Johns Hopkins University’s Energy, Resources and Environment (ERE) Global Leaders Forum hosts a presentation tomorrow at 5:00 p.m. by the AECOM Practicum team looking at Cities as Innovation Centers.  The event will focus on investing in resilient Infrastructure,” followed by a panel discussion.  ERE’s Practicum students in partnership with the global engineering company AECOM are exploring the topic of climate risk and resilient infrastructure. This presentation and panel discussion will identify traditional barriers to investing in resilience and investigate best practices for implementing resilience.

Energy Happy Hour – The US Energy Economists in the National Capitol Area are co-hosting a Joint Happy Hour Event tomorrow evening at Dirty Martini with OurEnergyPolicy.org (OEP), which is a nonpartisan, nonprofit that has hosted more than 400 policy discussions over the past five years.

WRI Hosts Enviro Prize Winners – The World Resources Institute hosts a forum on Wednesday at 11:30 a.m. which features an intimate conversation with 2018 Goldman Environmental Prize winners  The Goldman Environmental Prize, one of the most prestigious environmental awards, honors grassroots champions from six continents. The names of this year’s recipients will be announced on April 23rd.  After sharing their incredible stories, the Prize winners will join a Q&A discussion with the audience on environmental activism in the energy space, and regional approaches on the transition to clean energy.

NRC Commissioners Head to Approps – The Senate Appropriations Committee’s Energy & Water panel will convene a hearing on Wednesday at 2:00 p.m. to review the Fiscal Year 2019 funding request and budget justification for the U.S. Nuclear Regulatory Commission  Commissioners Kristine Svinicki, Jeff Baran, and Stephen Burns.

Resources Looks at NEPA – The House Resources Committee will hold an oversight hearing on Wednesday at 2:00 p.m. on reform of  the National Environmental Policy Act. It will look at the “weaponization” of NEPA and the Implications of environmental lawfare.  Witnesses include SMU Law Professor James Coleman, Melissa Hamsher of Eclipse Energy Resource Corporation, Laura Alice Watt of Sonoma State University and former CEQ official Horst Greczmiel.

Forum to Look at Sustainable Investing – Bloomberg Government and the Norwegian-American Chamber of Commerce will host a series of in-depth conversations starting Wednesday April 25th at 3:30 p.m. on Investing in a Sustainable Energy Future driven by transformative technology innovations in renewable energy and a functioning trade system necessary to respond to the challenge of energy security and climate change.  Panelists will examine how government leaders and energy investors are putting policy and capital to work to transform the world’s energy sources and protect the environment.

Forum Set for Discussion of Oceans – The Carnegie Institution for Science lecture on the sustainable use of the ocean Wednesday at 6:00 p.m. Oregon State University’s Jane Lubchenco will draw on her four years as the Under Secretary of Commerce for Oceans and Atmosphere and the Administrator of the U.S. National Oceanic and Atmospheric Administration (NOAA), her two years as the first U.S. Science Envoy for the Ocean, and her decades of research around the world to summarize the importance to people of sustainable use of the ocean, and approaches that are working.

Clean Power Plan Comment Deadline – THURSDAY

Pruitt Heads to House Energy, Approps Panel – The House Energy and Commerce Committee will host EPA Administrator Scott Pruitt on Thursday at 10:00 a.m. on the agency’s budget request.  Good Luck with staying on that topic.  Pruitt then visits the House Approps Environment subpanel at 2:00 p.m.

GMU Forum Looks at Energy-Water Nexus – The Center for Energy Science and Policy (CESP), a joint-initiative of the Schar School of Science and Policy and the College of Science at George Mason University, hosts the Mason Energy Symposium — “Energy-Water Nexus” on Thursday.  The event is the 2nd annual Mason Energy Symposium and is focused on the important nexus between energy and water. The event will advance understanding of the international and domestic aspects of the most basic and critical needs in the 21st century – abundant and reliable supply of water and energy. It will also explore the particular role of off-shore renewable (wind) energy and associated technologies.  The full-day event will feature three panels: Panel I on Offshore Renewable Energy; Panel II on the domestic and international aspects of the water and energy nexus; and Panel III on Mason Energy-Water research opportunities. The afternoon will provide Mason students and faculty opportunities to showcase their work relating to energy and water through presentations and posters.  The luncheon speaker will be Ambassador (ret) Mary Warlick, former Assistant Secretary in the Department of State’s Bureau of Energy Resources.

USEA Focus on Plain Project – The U.S. Energy Association hosts a forum on Thursday at 10:00 a.m. on the Plains CO2 Reduction (PCOR) Partnership, as part of the Regional Carbon Sequestration Partnerships (RCSP) Initiative run by DOE.  The project aims to foster the deployment of carbon capture, utilization and storage (CCUS) across a large area in the central interior of the United States and Canada. Using an adaptive management approach (AMA) to the assessment of carbon dioxide (CO2) geologic storage, the PCOR Partnership has demonstrated that secure storage can be achieved in association with CO2 enhanced oil recovery (EOR) operations.

Resources Panel to Look at Offshore Revenue – The House Natural Resources Committee’s Subcommittee on Energy and Mineral Resources will hold an oversight hearing on Thursday at 10:00 a.m. examining the critical importance of offshore energy revenue sharing for Gulf Producing States.  Witnesses will include Chett Chiasson, Executive Director of the Greater Lafourche Port Commission (Port Fourchon) and Reggie Dupre, the Executive Director of the Terrebonne Levee and Conservation District.

Forum to Look at Gender Impacts of Climate – Women In International Security hosts a round table discussion on Thursday at 10:00 a.m. looking at gender dimensions of climate change. The Panel will examine how climate change impacts men and women, to what extent national and international policies have integrated these gender dimensions, and identify gaps. We will also discuss the state of research and how the Women, Peace and Security Agenda intersects with scholarship and programs addressing climate change.

Forum to Look at Danish Oil, Gas – The Atlantic Council Global Energy Center hosts a Thursday conversation at 11:30 a.m.  with Ørsted North America President Thomas Brostrøm as he discusses Ørsted’s transformation from an oil company to a clean energy company and lays out his perspective on the future of wind energy in the United States.  Ørsted, previously known as Danish Oil and Natural Gas, has undergone a profound transformation in recent years. In recognition of the challenge presented by climate change and the opportunities afforded by the global energy transition, the company divested its fossil fuel assets and made new investments that have seen it become one of the world’s fastest-growing and most active clean energy firms.

ITIF, MIT Report to Release Report on Energy Storage – On Thursday at 1:30 p.m., the Information Technology & Innovation Foundation hosts the release of a new report produced in collaboration with the MIT Energy Initiative on Grid-scale Energy Storage. The report’s authors, ITIF Senior Fellow David M. Hart and MIT Professor Bill Bonvillian, will present their findings and discuss policy options to spur grid-scale storage innovation with an expert panel.

Forum Report to Focus on Global Oil Impacts – The Center for a New American Security holds an event on Thursday at 2:30 p.m. how lower oil prices have reshaped geopolitical calculations for U.S. policymakers. This panel will include discussion of: (1) Russia’s response to lower oil prices and the challenges this presents to the United States; (2) the prospects for continued U.S. engagement in the Middle East given decreasing concerns about energy scarcity; (3) opportunities for U.S. collaboration with Asian partners given decreased competition over energy resources; and (4) the geopolitical ramifications of lower fossil fuel prices for renewable energy resources.  The event will coincide with the release of the new CNAS report “U.S. Geopolitical Challenges and Opportunities in the Era of Lower Oil Prices” by Dr. David Gordon, Divya Reddy, Elizabeth Rosenberg, Neil Bhatiya, and Edoardo Saravalle.

Forum to Host Iraq Ambassador – On Thursday at 5:00 p.m., the Atlantic Council’s Global Energy Center hosts a wide-ranging discussion on the state of investment in Iraq as the country rebuilds, featuring Iraq’s Ambassador to the United States, His Excellency Dr. Fareed Jasseen. On the heels of the Kuwait conference in February, and with an oil and gas bidding round and elections on the horizon, this wide-ranging conversation will focus on the state of investment in Iraq, including the role the energy sector can play in enabling recovery, and the challenges ahead in terms of rebuilding and recovery.

Water Symposium to Feature Perdue, Vilsack – Colorado State University hosts a “Water in the West” Symposium on Thursday and Friday featuring experts, policymakers, researchers, and investors.  The event features the latest around water challenges, collaborate with experts, and create a roadmap for water research, innovation, education, and policy.  The Symposium will take place at the Water Resources Center, the first building to be constructed at the future National Western Center, a 250-acre redevelopment in north Denver. More than 20 confirmed expert speakers to-date including Secretary of the U.S. Department of Agriculture Sonny Perdue, and Tom Vilsack, Former Secretary of the U.S. Department of Agriculture.

WCEE Hosts FERC Discussion – The Women’s Council on Energy and the Environment (WCEE) hosts a lunch discussion on Friday at FERC on the fundamental economics and basic mathematics behind wholesale electricity market pricing, known as Locational Marginal Prices. FERC staff Robin Broder Hytowitz will provide an overview of electricity pricing focusing on broad concepts that apply to all ISOs/RTOs. The overview will explain the concepts behind Locational Marginal Prices, uplift, and an extension used in some wholesale markets today.

WH Correspondents Dinner Set for April 28th – The White House Correspondents’ Association hosts its annual dinner on Saturday featuring comedian Michelle Wolf as the entertainer.  Wolf is the host of a newly announced show on Netflix, which comes on the heels of her highly reviewed HBO special. She is also known for her acclaimed work as a contributor on Comedy Central’s Daily Show With Trevor Noah.  President Trump has said he will not attend.

IN THE FUTURE

MI Innovation Council to Hold Meeting – Michigan Energy Innovation Business Council holds its 6th Annual conference on Monday, April 30 at the Radisson Hotel Lansing at the Capitol. The full-day conference focuses on innovations in advanced energy, as well as get an overview on the latest policy developments. There will be several break-out panels throughout the day featuring dozens of expert panelists. The event brings together leaders in Michigan’s advanced energy industry, utility executives, policymakers, regulators, and others.

Forum to Look at Climate, Conservative Views – On Monday April 30th, the Columbia Center for Global Energy hosts an event on conservative prescriptions on climate change.  As part of its continuing series “Where Next on Climate?” the Center on Global Energy Policy will host a program focusing on conservative prescriptions to deal with climate change. Dr. Glenn Hubbard, Dean of the Columbia Business School and former chair of the Council of Economic Advisors under President George W. Bush, will offer opening remarks, then lead a panel discussion with our friend Rich Powell of ClearPath, John Diamond of Rice University’s Baker Institute for Public Policy and Lynne Kiesling of Purdue University and R Street Institute.

NHA holds Washington Waterpower Week – The National Hydropower Assn holds Waterpower Week in Washington on April 30 to May 2nd.  Waterpower Week is comprised of three co-located conferences rolled into one: NHA’s Annual Conference, International Marine Renewable Energy Conference (IMREC), and Marine Energy Technology Symposium (METS). This 3-day jam packed event provides you the opportunity to network, learn about legislative and regulatory initiatives, and discuss the issues impacting hydropower and marine energy industry.

Solar Summit Set for SD – GTM’s Solar Summit 2018 will be held in San Diego on May 1st and 2nd at the Hyatt La Jolla.  This conference will present deep dives by the top industry executives and thought leaders that will help you navigate the challenges in the market.  SEIA’s Abby Hopper and former Governator Cal EPA head Terry Tamminen are among the list of speakers.

CSIS to  Look at Carbon Pricing – Next Tuesday, the CSIS Energy & National Security Program will host John Larsen (Rhodium Group; CSIS), Jerry Taylor (Niskanen Center), and Thomas Kerr (IFC) to discuss the state of play of carbon markets and pricing around the world. Carbon pricing and emissions trading systems (ETS) have been gaining momentum as tools to reduce greenhouse gas emissions and meet Paris Agreement targets. The majority of OECD countries have a carbon pricing mechanism in place.  Despite progress, carbon pricing and ETS only cover approximately 15% of global emissions. The United States is still without a nation-wide carbon price, a politically fraught issue. Ultimately, prices must be significantly higher, and these mechanisms more widely adopted, in order to meet the goals of the Paris Agreement. Whether pricing carbon and ETS will come to meet expectations remains an open question.

Forum to Look at PJM Region Energy Issues – On Wednesday May 2, the Great Plains Institute and Duke University’s Nicholas Institute for Environmental Policy Solutions hold an expert workshop for state officials and stakeholders exploring recent energy and environmental policy developments in the PJM region.  Federal Energy Regulatory Commissioner Robert F. Powelson will deliver a keynote address.  After Commissioner Powelson’s keynote, Adam Keech, Executive Director of PJM Market Operations will present on recent developments at the RTO. A panel of state leaders will then react to recent PJM proposals and decisions and present on state-level developments. An industry panel will explore trends in the electricity industry, including recent commitments by utilities to decarbonize their portfolios. A third panel will explore timely environmental issues, from the new tax credit for carbon capture and storage projects to EV charging infrastructure and Virginia’s move to link to RGGI.

Forum to Focus on Russian Energy – On Wednesday May 2 at 10:00 a.m., the Atlantic Council holds a timely discussion on Russia’s energy strategy, the final event in a four-part series on Russia Today and Tomorrow: Internal Strengths and Weaknesses.  Russia remains one of the largest oil and natural gas producers in the world. Its economy largely depends on energy exports, with revenues accounting for about a half of the country’s federal budget. Dr. Tatiana Mitrova, director of the Energy Center at the Moscow School of Management SKOLKOVO, will be presenting a paper of Russia’s energy strategy. This will be followed by a panel discussion which will explore the current state of the energy industry in Russia, as well as its immediate and long-term strategy and the influence of the Russian government that includes our friend Elizabeth Rosenberg of the Center for a New American Security.

Forum  Looks at Oil in Iraq – The Middle East Institute (MEI) hosts a panel discussion on Thursday May 3rd at 2:00 p.m. examining options and priorities for improving governance in Iraq, featuring Erin Banco, investigative reporter for the Star-Ledger and NJ.com; Alan Eyre (State Department), Omar Al-Nidawi (Gryphon Partners), and MEI Scholar Jean Francois Seznec. The panel will be moderated by MEI’s director for conflict resolution and Track II dialogues, Randa Slim.

WINDPOWER Set for Chicago – The American Wind Energy Assn (AWEA) will hold WINDPOWER 2018 in Chicago from May 7th to 10th.  The industry closed 2017 strong, delivering 7,017 megawatts (MW) of new wind power capacity. That new capacity represents $11 billion in new private investment. There are now 89,077 MW of wind power installed across 41 states, enough to power 26 million American homes.  The wind industry is expected to continue its growth into 2018. WINDPOWER is where the industry comes together to plan for the future and keep this success story growing.

BPC to Host Panel on Federal Science – The Bipartisan Policy Center will Host a Forum on Tuesday May 8th at 9:00 a.m.  looking at federal funding for Fiscal Year 2018 for research and development. Continually developing new scientific knowledge and technologies drives long-term economic growth and creates higher-skilled jobs. BPC will focus its conversation on federal investment in scientific research and innovation and how to maintain America’s economic and competitive edge.

OPIS Looks at West Coast Fuel Supply – OPIS holds a forum in Napa Valley at the Silverado Resort on May 9th and 10th looking at West Coast fuel supplies and transportation opportunities.  Industry experts will examine the impact of new players in the Western markets, opportunities that California assets can offer, carbon emissions regulations, renewable fuels, plus get an exclusive technical analysis of West Coast spot market prices.

Hydrogen, Fuel Cell Forum Set for DC – The Fuel Cell and Hydrogen Energy Association will be hosting a full-day forum and exposition on Tuesday, June 12 in Washington, D.C. at the Ronald Reagan Building and International Trade Center with leading executives, experts, and policymakers on fuel cell and hydrogen technology. The forum will bring together key federal and state policymakers, including the Department of Energy and White House, as well as the broader environmental, transportation, and energy communities to raise awareness of the benefits of fuel cell and hydrogen technology. This event will precede the Department of Energy’s 2018 Annual Merit Review.

GTM to Host Grid Forum – Greentech Media host Grid Edge Innovation Summit on June 20th and 21st in San Francisco.  The event is an energy conference that will examine the energy customer of tomorrow and how new innovative business models are quickly emerging.  GTM brings together forward thinking and prominent members of the energy ecosystem and as our research team explores the future of the market. Former FERC Chair Jon Wellinghoff will speak along with many others, including our friends Shayle Kann, Julia Pyper and Stephen Lacey.

Young Professional Program for World Gas Forum Set – The Young Professionals Program (YPP) will hold a special forum during the World Gas Conference June 25-29 in Washington, DC.  YPP will provide a great opportunity for promising young professionals in the energy sector to learn from top leaders in the natural gas industry and network with their peers throughout the world.  More on this as we get closer.

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.

Energy Update: Week of April 16

Friends,

Welcome to Marathon Monday, better known as Patriot’s Day.  Today is the 122nd Boston Marathon and this year the weather looks pretty windy, cold and soggy.  You can see the Boston Globe’s coverage full coverage here.  The elite runners have already finished and for the first time in 33 years, an American woman has claimed victory.  Metro Detroit native Desiree Linden took the lead around the 35-kilometer mark and did not look back, capturing her first major marathon win by a wide margin as she crossed the finish line in 2:39:54. Meanwhile, Japan’s Yuki Kawauchi completed a wild come-from-behind win, closing a 90-second gap in the last mile to overtake defending champion Geoffrey Kirui in 2:10:46.

For the second year, Marathon Monday has special meaning for us as Hannah is reporting live from the rainy “Wellesley Scream tunnel” at Mile 13.  A few folks from NBC Sports Network joined college organizers for the sign-making event at Wellesley’s Davis Museum last year for a Boston Marathon Segment on the Scream Tunnel.  The course, which rolls right past campus, is a celebratory tradition. It also has been 5 years since the 2013 terrorist attack, which highlighted the amazing strength and healing the city showed as a community.  The days surrounding that fateful attack were depicted very well in the recent movie Patriot’s Day.  Finally, starting Thursday, our friends at Valero host the PGA’s Texas Open this week in San Antonio at the TPC.  Last year’s Masters Champ Sergio Garcia, defending champ Kevin Chappell, Martin Kaymer and Jim Furyk are among those players in the field.

It is a busy week in DC after Paul Ryan announced his intention to retire as Speaker.  There are a bunch of budget hearings in the enviro/energy space headlined by FERC Commissioners at House Energy tomorrow and Ag Sect Perdue at Approps on Wednesday.  Meanwhile, House Ways & Means Committee Chairman Kevin Brady hosts a closed-door “roundtable” Wednesday to discuss more issues on tax extenders.  Other hearings include Senate Energy hearings on energy-related challenges and opportunities in remote and rural areas featuring NRECA members Thursday and an NPS officials discussing Park maintenance tomorrow, as well as a Senate Enviro hearing on States and groundwater Wednesday.

Other great events this week include a Tax Day event at the Chamber tomorrow as well as a forum at UChicago’s Energy Policy Institute that features my colleague Jeff Holmstead and our friend Amy Harder of Axios. On Wednesday, WCEE hosts a brown bag lunch with our friends Maya Weber, Pam King and Jasmin Melvin to discuss energy and Trump.  Then Thursday, the Columbia Global Energy Project hosts half-day forum will include keynote remarks, interviews and plenary conversations with folks like CP CEO Ryan Lance, Dave Banks, DOE’s Dan Brouillette and IEA’s Fatih Birol.

Finally, for those of you on the trade/tariff beat as well, opponents of steel and aluminum tariffs will release new report at the National Press Club on Wednesday at 2:00 p.m. that will reveal the downward effect of tariffs on steel capacity utilization as well as will detail the decline in U.S. manufacturing jobs that result from the Section 232 tariffs. The event will also mark the launch of the Coalition of American Metal Manufacturers and Users, comprised of small and medium U.S. manufacturing companies united in an effort to oppose the 25% tariff on steel imports.

Remember to send in your taxes!!!  Call with questions.  Best,

 

Frank Maisano

(202) 828-5864

c. (202) 997-5932

 

FRANKLY SPOKEN

“Andrew (Wheeler)’s work for over a decade in a variety of leadership roles in Congress and his previous work at EPA itself make him uniquely qualified for his new role, and we look forward to working with him.” 

Karen Harbert, president and CEO of U.S. Chamber’s Global Energy Institute on the Senate approval of Andrew Wheeler’s nomination to be Deputy Administrator at EPA

 

ON THE POD

CapCrude Looks at New Mexico Prominence as Oil Producer – New Mexico has become the third top US oil-producing state. EIA oil market analysts Jeff Barron and Mason Hamilton return to Capitol Crude this week to talk about New Mexican oil production, which has jumped ahead of Alaska and California thanks to the Permian Basin.  Our friend Meghan Gordon interviews.

FUN OPINIONS

Axios Column: Why Trump Should Redo Fuel Standards – Our friend Amy Harder of Axios has a great column out today on President Trump’s moves on the Obama fuel standards.  She argues of the environmental regulations President Trump is rolling back, the one that makes the most sense to rewrite-but not repeal-are the fuel-efficiency standards former President Obama issued in 2012.  Amy argues the average stated fuel economy of new vehicles purchased has flatlined at around 25 miles per gallon since October 2014, right when oil prices were dropping partly in response to America’s oil boom. This is because consumers have shifted their preferences from cars to bigger vehicles.

IN THE NEWS

ClearPath Expert Weighs In on Nuclear Breakthrough – It’s understandable to lose track of every nook and cranny in the massive budget deal Congress recently approved, including an important revision and extension of a key carbon capture incentive (more on that HERE).  But embedded in that deal was another update to the tax code too important to overlook. In fact, it is the most impactful congressional action to propel the future of nuclear energy in more than a decade.  ClearPath’s in-house nuclear guru Spencer Nelson breaks down the significance of this bipartisan fix to the 45J nuclear production tax credit, which will not only help complete the AP1000 reactor expansion at Georgia Power’s Plant Vogtle but is also essential to helping next-generation small modular reactors and other more advanced technologies. Spencer also explains why this 45J fix alone is likely insufficient to spur those advanced technologies. Among other needed steps: Securing a steady domestic uranium source, Nuclear Regulatory Commission reform, a fast-spectrum test reactor user facility, moonshot technology demonstration goals, indirect financing and a solution to nuclear waste storage.

White House Moves on Reforming NAAQS Rules, Timelines – The White House issued an executive order late last week ordering EPA to ease some of its procedures around the regulating of six key air pollutants under the Clean Air Act. Highlights from the order include 1) EPA must complete reviews of state plans to reduce pollution within 18 months, 2) It must complete reviews of project pre-construction permits within a year, 3) Review the federal plans imposed on some states under the regional haze program to see if they can be replaced with state plans, 4) When considering emissions levels, EPA must take into account pollution from other countries, even in states that are not on U.S. borders. It also must consider whether states have reduced pollution to “background levels” and 5) allow states to engage in trading of pollution offsets.  The Chamber’s Dan Byers Dan Byers said the directive contains “commonsense reforms that will improve the air quality regulatory process so domestic manufacturing and job creation face fewer regulatory barriers. The EPA, states, and businesses have a long track record of working cooperatively to improve air quality across the nation. Unfortunately, during the previous administration, that cooperation was abandoned in favor of an overly aggressive approach that unfairly burdened state and local economies. Byers adds this directive will restore the cooperation necessary for continued environmental progress while enhancing the competitiveness of U.S. industry.”

EPA Deputy Approved – The Senate confirmed former longtime Capitol Hill aide Andrew Wheeler as deputy administrator of EPA 53-45, despite some Complaints and delays from Democrats.  Dem Sens. Manchin, Heitkamp, Donnelly and Republican Susan Collins all supported Wheeler, who also worked at EPA under Presidents George H.W. Bush and Bill Clinton.  Chamber’s Global Energy Institute CEO Karen Harbert, said they are pleased that the Senate has confirmed Wheeler.  Harbert says his extensive experience and deep knowledge will be an asset to EPA as it seeks to implement its agenda.

Perry to Head to India – Energy Secretary Rick Perry said he will tout the potential of exporting U.S. carbon capture technologies in a trip beginning Friday in India. The conversation will center on India’s continued growth in buying U.S. technologies to innovate their energy sector and carbon capture “will be part of that,” Perry responded to Sen. John Hoeven (R-N.D.) at a Senate Energy and Water Appropriations FY19 budget hearing. “We want it to be U.S.-based resources as often as possible but we also want it to be as clean burning as it can be,” Perry said.  Hoeven touted efforts in his state, including Project Tundra, which would retrofit an existing coal facility with carbon capture technologies.

GTM Report Looks at Global Storage Market – The annual global energy storage market will be 8.6 GW and 21.6 GWh by 2022, according to a new GTM Research report. The U.S. is expected to stay at the forefront of the global market through 2022 but China will grow to be the second-largest market in 2019.  The new report on worldwide storage deployments from GTM Research says U.S. and Australia led the pack in 2017, thanks to several mega-projects coming online, and market drivers that reward storage investment. Germany and Australia thrive in the residential storage segment, which hasn’t achieved significant scale in the U.S.  China is just getting started, but could surpass almost everyone in deployments over the next five years.  Most of these markets have barely emerged from their pilot stages and offer very few use cases for storage that can earn a profit. Expect that to change rapidly in the coming years. In the meantime, here’s what you need to know about the global energy storage market.

Ameren Startup Accelerator Seeks to Develop Smart Grid Tech – Midwest Energy News has a great Q&A with Brian Dixon, CEO of Capital Innovators in St. Louis, Missouri about his company’s partnership with Ameren on an energy tech accelerator.  The Ameren Accelerator, an energy start-up incubator based in St. Louis, develops innovative technology through a partnership with power company Ameren, the University of Missouri, UMSL Accelerate and Capital Innovators. Last year, Ameren selected seven companies to participate on smart grid technology. For example, Hyperion Sensors is developing a smart transformer; Omega Grid, a software platform that facilitates peer-to-peer energy exchange and WIFIPLUG, an open-source smart plug.

ON THE SCHEDULE THIS WEEK

Cal Gov heads to Press Club – California Gov. Jerry Brown will speak at the National Press Club tomorrow morning at 8:30 a.m. in the Zenger Room.  Gov. Brown will join NPC President Andrea Edney to discuss how California has changed under his leadership and the challenges facing his successor.

Chamber Holds Tax Event – On Tax Day tomorrow, the U.S. Chamber of Commerce will host a forum featuring Sen. Pat Toomey to address discuss the benefits of the recently enacted tax reform legislation.  There will also be panels featuring energy issues.

FERC Commissioner Head to House Energy – The House Energy and Commerce Committee panel on energy will host all FERC commissioners to testify tomorrow on budget issues.

Senate Energy Looks at Park Maintenance – The Senate Energy Committee holds a hearing at 10:00 a.m. on deferred maintenance and operational needs of the National Park Service.  Witnesses NPS’s  Lena McDowall, National Park Foundation CEO Will Shafroth, REI’s Marc Berejka, Sarah Leonard of the Alaska Travel Industry Association; Shawn Regan of the Property and Environmental Research Center and Richard Ring of the Coalition to Protect America’s National Parks.

CSIS Hosts Pershing – The CSIS Energy & National Security Program will host a forum tomorrow at 10:00 a.m. with former State Dept climate expert Jonathan Pershing for a discussion on strategies in the philanthropic community to address climate change, including ongoing work at the Hewlett Foundation.  Pershing is the Program Director of Environment at the William and Flora Hewlett Foundation and previously, Jonathan served as Special Envoy for Climate Change at the U.S. Department of State and lead U.S. negotiator to the U.N. Framework Convention on Climate Change.

AEI to Host Discussion on Climate Lawsuits – AEI will hold a forum tomorrow at 1:30 p.m. for a discussion on the legal and scientific issues raised by the lawsuits against major fossil-fuel producers and the underlying implications for the municipal bond market. Speakers will include Niskanen’s David Bookbinder, Andrew Grossman of BakerHostetler, Michael MacCracken of the Climate Institute, Cato’s Patrick J. Michaels, Stephen Winterstein of Wilmington Trust Investment Advisors and AEI’s Ben Zycher.

Forum to Look at Future of Renewables – POLITICO hosts a happy hour deep-dive tomorrow at 5:00 p.m. looking at how private businesses are stepping up to address the future of clean energy and how they can work with the government to build a more sustainable future. FERC’s Neil Chatterjee, Sen. Michael Bennet and ACORE’s Greg Wetstone will speak.

JHU to Host Solar Book Author – Tomorrow at 5:00 p.m., Johns Hopkins University hosts a book forum with Dr. Varun Sivaram on solar energy.  Solar energy has become the cheapest and fastest-growing power source on earth. However, in order for it to achieve its full potential, Dr. Sivaram argues in his new book that several kinds of innovation are required including financial innovation and new business models to facilitate the spread of off-grid applications; technology innovation to replace today’s solar panels with coatings as cheap as paint; and systemic innovation to allow more flexible power grids to handle intermittent solar power.

Holmstead Headlines EPIC Forum on NatGas – The Energy Policy Institute of Chicago (EPIC) University holds a forum tomorrow at 5:30 p.m. Fracking has upended the American energy system, bringing lower energy prices, greater energy security, reduced air pollution, and fewer carbon emissions. But at a local level, communities must weigh economic benefits against potential health and other costs. Join EPIC Director Michael Greenstone and EPIC’s inaugural policy fellows Jeff Holmstead and Sue Tierney as they explore these competing variables and the policy pathways to addressing them at the federal, state and local levels. The conversation will be moderated by Axios reporter Amy Harder.

Energy Storage Forum Set in Boston – The Energy Storage Association holds its 28th annual conference and expo in Boston at the Hynes Convention Center Wednesday through Friday.  Energy storage technology continues to advance towards integrating electricity from any source into a more resilient and reliable grid, creating jobs, lowering energy bills, and helping to secure our energy future.  Speakers Include MA Gov Charlie Baker, DOE’s Bruce Walker and former FERC Chair Norman Bay.

Senate Enviro to Look at States, Groundwater – The Senate Environment Committee holds a hearing at 10:00 a.m. on the role of States and the Federal government in protecting groundwater. Witnesses include Amanda Waters of the National Association of Clean Water Agencies, Indiana DEM assistant commissioner Martha Clark Mettler, Joe Guild if the National Cattlemen’s Beef Association, Southern Environmental Law Center’s Frank Holleman and Anthony Brown, CEO and principal hydrologist at Aquilogic.

Fanning, Others Headlines Geo Tech Energy Forum – Georgia Tech’s Strategic Energy Institute holds INTERSECT 2018 in Atlanta Wednesday and Thursday.  INTERSECT 2018 will address the challenge of Energy in an Information Age, specifically how the intersection of the digital and physical worlds are changing the energy landscape.  Speakers include Southern’s Tom Fanning New York Power Authority CEO Gil Quiniones and EPRI’s Mike Howard.

WCEE to Host Reporters – The Women’s Council on Energy & the Environment will host a brown bag lunch on Wednesday at Noon featuring a panel of energy journalists from E&E News, S&P Global Platts and Inside FERC to discuss the energy industry during the first year of the Trump Administration.  Our friends Pam King, Jasmin Melvin and Maya Weber will speak.

JHU to Host Russian Energy, Energy Efficiency Discussions – On Wednesday at 12:30 p.m., Johns Hopkins University’s European and Eurasian Studies Program hosts a Russia-Eurasia Forum on Russian Energy and European Politics with David Koranyi, Director of the Energy Diplomacy Initiative at the Atlantic Council. Moderated by Professor Charles Gati. Right after at 2:30, the JHU SAIS program will host alumnus Eric Gibbs, Chief Program Officer at CLASP, to discuss the role of efficient appliances in improving energy access and meeting climate mitigation goals. He will also introduce the Kigali Cooling Efficiency Program, which aims to significantly improve the efficiency and sustainability of air-conditioning and other cooling technologies. He will tell about CLASP’s work in this area and opportunities for SAIS students to engage. The discussion will be moderated by Johannes Urpelainen, the Prince Sultan bin Abdulaziz Professor of Energy, Resources and Environment and the Founding Direct of ISEP.

Tariff Opponents to Discuss Trump Action Impacts – Opponents of the steel and aluminum tariffs imposed by President Trump are holding a press event on Wednesday at 2:00 p.m. at the National Press Club’s Zenger Room.

Senate Energy to Look at Rural Power Issues – The Senate Energy and Natural Resources Committee will examine energy-related challenges and opportunities in remote and rural areas during a hearing on Thursday at 10:00 a.m. NRECA member Matt Greek from Basin Electric and Doug Hardy of the Central Montana Electric Power will testify. Drawing from a newly released report, economist John Martin will reveal the downward effect of tariffs on steel capacity utilization on the sector. Economist Laura Baughman will detail the decline in U.S. manufacturing jobs that result from the Section 232 tariffs. Troy Roberts, CEO of Qualtek Manufacturing in Colorado Springs, Colorado, will describe the threat that cost increases for steel pose to the future of his business. The event will also mark the launch of the Coalition of American Metal Manufacturers and Users, comprised of small and medium U.S. manufacturing companies united in an effort to oppose the 25% tariff on steel imports.

Presentation to Look at NatGas Drilling Case Study – Johns Hopkins University SAIS Energy, Resources and Environment Program hosts another forum on Thursday at Noon on a case study of natgas drilling. “Oil and Gas Retrieval: Environmental Risks and Impacts on Water – An overview of conventional vs. unconventional retrieval, waste pits, TENORM, and case study on Colorado.”  Oil and gas retrieval of all kinds remains prevalent across the United States and the associated water risks are little understood.  This presentation highlights the little known impacts of oil and gas wastewater and radioactive materials, examines the validity of the conventional/unconventional dichotomy, and examines these issues in context in Colorado.

Lance, Banks, Brouillette Headline Columbia Energy Forum – On Thursday, the Columbia Global Energy Project will celebrate its 5th anniversary and host the annual Columbia Global Energy Summit.  The half-day forum will include keynote remarks, interviews and plenary conversations with senior energy sector leaders focused on key issues and questions at the intersection of energy policy, financial markets, the environment and geopolitics. CP CEO Ryan Lance does a keynote conversation with IHS-Markit’s Dan Yergin.  Other speakers include Dave Banks, Sun Power CEO Tom Werner, DOE’s Dan Brouillette, Pioneer Board Chair Scott Sheffield and IEA’s Fatih Birol.

US AID Focuses on Adaption – On Thursday at 4:30 p.m., the US AID ATLAS Project holds a forum on an idea known as “ecosystem-based adaptation” (EbA) which helps people adapt to weather and climate impacts.  USAID is completing a suite of resources on ecosystem-based adaptation that feature evidence summaries and case studies for applying these approaches to achieve development goals across sectors like agriculture, water, and disaster risk reduction. This session will highlight key messages from these resources as well as examples of EbA projects and approaches in the USAID context, while encouraging dialogue among participants about the use of EbA in their own work.

Brookings Hosts Discussion on Sustainable Financial Tools – On Friday morning, the Global Economy and Development program at Brookings will co-host a panel of development finance experts to discuss the implications of the European Investment Bank’s new bond product in support of the UN’s Sustainable Development Goals in addressing climate change and other environmental challenges.  Following the conversation, panelists will take audience questions.

ELI hosts Climate Conference – On Friday, the Environmental Law Institute holds the 2nd National Conference of Lawyers Committed to Addressing the Climate Emergency at the George Washington University Law School  Topics to be discussed include filling the federal climate action gap, the economic risk and rewards of climate action, companies and NGOs taking action on climate change, state and local climate action strategies, climate litigation and taking action on the climate crisis?

Forum to Look at Korea NatGas – On Friday at 12:00 p.m., the Global America Business Institute hosts Korea Energy Economics Institute (KEEI researcher Ho-Mu Lee to discuss Korea’s current long-term natgas plan.   KEEI is a government-affiliated energy policy think tank. Dr. Lee has been worked at KEEI since 2008 and is currently a visiting scholar at George Washington University (2017-2018). Lee was head of KEEI’s Gas Policy Research Division from 2014 to 2017.

JHU to Discuss Renewable in PR – JHU’s SAIS program will host a forum on Friday at 12:30 p.m. the renewable energy future in Puerto Rico.  This presentation will explore new regulatory structures and policies that can incentivize the deployment of this clean and resilient energy infrastructure across the island of Puerto Rico.

Earth Day – Sunday April 22nd.

IN THE FUTURE

Fanning to Receive Leadership Award from Coaches – Southern CEO Tom Fanning will receive the CEO Coach of the Year award from the American Football Coaches Assn at a dinner at the Georgia Aquarium.  The award is the highest honor bestowed by the organization, whose inaugural recipient in 2006 was Jeffrey R. Immelt, former CEO of General Electric. Other former winners include former Domino’s Pizza CEO David Brandon (2007), former MidAmerican Energy Holdings CEO David Sokol (2008), former HP CEO Mark Hurd (2009), FedEx CEO Fred Smith (2010); BP Capital CEO T. Boone Pickens (2011); NFL Commissioner Roger Goodell (2012); former ExxonMobil CEO Rex Tillerson (2013), AT&T CEO Randall Stephenson (2014),  Berkshire Hathaway Energy head Greg Abel (2015) and former Honeywell Chairman and CEO David Cote (2016).

Refiners Security Conference Set – The annual AFPM Security Conference will be held on April 23-25 in New Orleans and presents current topics of vital importance to critical infrastructure, keeping security professionals up to date on security issues, policies, and future regulations. The event will relay the latest information on security regulations from DHS and the Coast Guard. This year’s conference will also go beyond just the regulations with sessions on hurricane response efforts, environmental NGO activism, cybersecurity and other emerging security and terror threats.

Wilson to Hosts Climate Book Launch – Next Tuesday at 3:00 p.m., the Woodrow Wilson Center hosts a book launch discussion with author Barry Rabe on pricing carbon. Climate change, economists generally agree, is best addressed by putting a price on the carbon content of fossil fuels—by taxing carbon, by cap-and-trade systems, or other methods. But what about the politics of carbon pricing? Do political realities render carbon pricing impracticable?  In this book, Barry Rabe offers the first major political science analysis of the feasibility and sustainability of carbon pricing, drawing upon a series of real-world attempts to price carbon over the last two decades in North America, Europe, and Asia.

JHU Hosts Forum on Resilient Infrastructure – Johns Hopkins University’s Energy, Resources and Environment (ERE) Global Leaders Forum hosts a presentation next Tuesday at 5:00 p.m. by the AECOM Practicum team looking at Cities as Innovation Centers.  The event will focus on investing in resilient Infrastructure,” followed by a panel discussion.  ERE’s Practicum students in partnership with the global engineering company AECOM are exploring the topic of climate risk and resilient infrastructure. This presentation and panel discussion will identify traditional barriers to investing in resilience and investigate best practices for implementing resilience.

Energy Happy Hour – The US Energy Economists in the National Capitol Area are co-hosting a Joint Happy Hour Event Next Tuesday at Dirty Martini with OurEnergyPolicy.org (OEP), which is a nonpartisan, nonprofit that has hosted more than 400 policy discussions over the past five years.

WRI Hosts Enviro Prize Winners – The World Resources Institute hosts a forum on Wednesday, April 25th at 11:30 a.m. which features an intimate conversation with 2018 Goldman Environmental Prize winners  The Goldman Environmental Prize, one of the most prestigious environmental awards, honors grassroots champions from six continents. The names of this year’s recipients will be announced on April 23rd.  After sharing their incredible stories, the Prize winners will join a Q&A discussion with the audience on environmental activism in the energy space, and regional approaches on the transition to clean energy.

Pruitt Heads to House Energy – The House Energy and Commerce Committee will host EPA Administrator Scott Pruitt on the agency’s budget request April 25th.

Forum to Look at Sustainable Investing – Bloomberg Government and the Norwegian-American Chamber of Commerce will host a series of in-depth conversations starting Wednesday April 25th at 3:30 p.m. on Investing in a Sustainable Energy Future driven by transformative technology innovations in renewable energy and a functioning trade system necessary to respond to the challenge of energy security and climate change.  Panelists will examine how government leaders and energy investors are putting policy and capital to work to transform the world’s energy sources and protect the environment.
Clean Power Plan Comment Deadline – April 26th

NAM to Host Event Focused Pushing on Kigali HFC Agreement – Stay tuned…

GMU Forum Looks at Energy-Water Nexus – The Center for Energy Science and Policy (CESP), a joint-initiative of the Schar School of Science and Policy and the College of Science at George Mason University, hosts the Mason Energy Symposium — “Energy-Water Nexus” on Thursday April 26th.  The event is the 2nd annual Mason Energy Symposium and is focused on the important nexus between energy and water. The event will advance understanding of the international and domestic aspects of the most basic and critical needs in the 21st century – abundant and reliable supply of water and energy. It will also explore the particular role of off-shore renewable (wind) energy and associated technologies.  The full-day event will feature three panels: Panel I on Offshore Renewable Energy; Panel II on the domestic and international aspects of the water and energy nexus; and Panel III on Mason Energy-Water research opportunities. The afternoon will provide Mason students and faculty opportunities to showcase their work relating to energy and water through presentations and posters.  The luncheon speaker will be Ambassador (ret) Mary Warlick, former Assistant Secretary in the Department of State’s Bureau of Energy Resources.

CSIS to Discuss Ukrainian Energy – The CSIS Energy & National Security Program will host a discussion on April 26th featuring Ukrainian Parliament members Hanna Hopko and Nataliya Katser-Buchkovska on Ukrainian energy market reform, how external forces impact reforms, and Ukraine’s role in European energy security.  A properly-functioning energy sector would not only contribute to domestic prosperity and stability but convert Ukraine from a perceived liability into an asset for Europe’s energy security.  The speakers will help us understand this challenging situation and offer suggestions on how to move energy reform forward.

USEA Focus on Plain Project – The U.S. Energy Association hosts a forum on Thursday April 26th at 10:00 a.m. on the Plains CO2 Reduction (PCOR) Partnership, as part of the Regional Carbon Sequestration Partnerships (RCSP) Initiative run by DOE.  The project aims to foster the deployment of carbon capture, utilization and storage (CCUS) across a large area in the central interior of the United States and Canada. Using an adaptive management approach (AMA) to the assessment of carbon dioxide (CO2) geologic storage, the PCOR Partnership has demonstrated that secure storage can be achieved in association with CO2 enhanced oil recovery (EOR) operations.

ITIF, MIT Report to Release Report on Energy Storage – On Thursday, April 26th at 1:30 p.m., the Information Technology & Innovation Foundation hosts the release of a new report produced in collaboration with the MIT Energy Initiative on Grid-scale Energy Storage. The report’s authors, ITIF Senior Fellow David M. Hart and MIT Professor Bill Bonvillian, will present their findings and discuss policy options to spur grid-scale storage innovation with an expert panel.

Water Symposium to Feature Perdue, Vilsack – Colorado State University hosts a “Water in the West” Symposium on April 26 & 27th featuring experts, policymakers, researchers, and investors.  The event features the latest around water challenges, collaborate with experts, and create a roadmap for water research, innovation, education, and policy.  The Symposium will take place at the Water Resources Center, the first building to be constructed at the future National Western Center, a 250-acre redevelopment in north Denver. More than 20 confirmed expert speakers to-date including Secretary of the U.S. Department of Agriculture Sonny Perdue, and Tom Vilsack, Former Secretary of the U.S. Department of Agriculture.

WCEE Hosts FERC Discussion – The Women’s Council on Energy and the Environment (WCEE) hosts a lunch discussion on Friday April 27th at FERC on the fundamental economics and basic mathematics behind wholesale electricity market pricing, known as Locational Marginal Prices. FERC staff Robin Broder Hytowitz will provide an overview of electricity pricing focusing on broad concepts that apply to all ISOs/RTOs. The overview will explain the concepts behind Locational Marginal Prices, uplift, and an extension used in some wholesale markets today.

WH Correspondents Dinner Set for April 28th – The White House Correspondents’ Association hosts its annual dinner on Saturday, April 28 featuring comedian Michelle Wolf as the entertainer.  Wolf is the host of a newly announced show on Netflix, which comes on the heels of her highly reviewed HBO special. She is also known for her acclaimed work as a contributor on Comedy Central’s Daily Show With Trevor Noah.  President Trump has said he will not attend.

MI Innovation Council to Hold Meeting – Michigan Energy Innovation Business Council holds its 6th Annual conference on Monday, April 30 at the Radisson Hotel Lansing at the Capitol. The full-day conference focuses on innovations in advanced energy, as well as get an overview on the latest policy developments. There will be several break-out panels throughout the day featuring dozens of expert panelists. The event brings together leaders in Michigan’s advanced energy industry, utility executives, policymakers, regulators, and others.

Forum to Look at Climate, Conservative Views – On Monday April 30th, the Columbia Center for Global Energy hosts an event on conservative prescriptions on climate change.  As part of its continuing series “Where Next on Climate?” the Center on Global Energy Policy will host a program focusing on conservative prescriptions to deal with climate change. Dr. Glenn Hubbard, Dean of the Columbia Business School and former chair of the Council of Economic Advisors under President George W. Bush, will offer opening remarks, then lead a panel discussion with our friend Rich Powell of ClearPath, John Diamond of Rice University’s Baker Institute for Public Policy and Lynne Kiesling of Purdue University and R Street Institute.

NHA holds Washington Waterpower Week – The National Hydropower Assn holds Waterpower Week in Washington on April 30 to May 2nd.  Waterpower Week is comprised of three co-located conferences rolled into one: NHA’s Annual Conference, International Marine Renewable Energy Conference (IMREC), and Marine Energy Technology Symposium (METS). This 3-day jam packed event provides you the opportunity to network, learn about legislative and regulatory initiatives, and discuss the issues impacting hydropower and marine energy industry.

Solar Summit Set for SD – GTM’s Solar Summit 2018 will be held in San Diego on May 1st and 2nd at the Hyatt La Jolla.  This conference will present deep dives by the top industry executives and thought leaders that will help you navigate the challenges in the market.  SEIA’s Abby Hopper and former Governator Cal EPA head Terry Tamminen are among the list of speakers.

WINDPOWER Set for Chicago – The American Wind Energy Assn (AWEA) will hold WINDPOWER 2018 in Chicago from May 7th to 10th.  The industry closed 2017 strong, delivering 7,017 megawatts (MW) of new wind power capacity. That new capacity represents $11 billion in new private investment. There are now 89,077 MW of wind power installed across 41 states, enough to power 26 million American homes.  The wind industry is expected to continue its growth into 2018. WINDPOWER is where the industry comes together to plan for the future and keep this success story growing.

OPIS Looks at West Coast Fuel Supply – OPIS holds a forum in Napa Valley at the Silverado Resort on May 9th and 10th looking at West Coast fuel supplies and transportation opportunities.  Industry experts will examine the impact of new players in the Western markets, opportunities that California assets can offer, carbon emissions regulations, renewable fuels, plus get an exclusive technical analysis of West Coast spot market prices.

Hydrogen, Fuel Cell Forum Set for DC – The Fuel Cell and Hydrogen Energy Association will be hosting a full-day forum and exposition on Tuesday, June 12 in Washington, D.C. at the Ronald Reagan Building and International Trade Center with leading executives, experts, and policymakers on fuel cell and hydrogen technology. The forum will bring together key federal and state policymakers, including the Department of Energy and White House, as well as the broader environmental, transportation, and energy communities to raise awareness of the benefits of fuel cell and hydrogen technology. This event will precede the Department of Energy’s 2018 Annual Merit Review.

Young Professional Program for World Gas Forum Set – The Young Professionals Program (YPP) will hold a special forum during the World Gas Conference June 25-29 in Washington, DC.  YPP will provide a great opportunity for promising young professionals in the energy sector to learn from top leaders in the natural gas industry and network with their peers throughout the world.  More on this as we get closer.

Clean Energy Forum on Schedule – The 2018 Congressional Clean Energy Expo and Policy Forum will be held on July 10th and brings together up to 45-55 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies.