Jim Vess

1 week ago | euci.com | Mark Jaffe |Jim Vess

By Mark Jaffe, EUCI energy writerThe Trump administration’s goal of “energy dominance” and its mantra of “drill, baby, drill” have run into production limitations, economic uncertainty caused by the administration’s tariff policies, and increased output from OPEC+. In his first weeks in office, President Donald Trump issued executive orders to speed permitting, reduce regulations, and open more federal land to drilling.

1 month ago | euci.com | Mark Jaffe |Jim Vess

By Mark Jaffe, EUCI energy writerThe Southwest Power Pool (SPP) – serving all or part of 14 states from Texas to North Dakota – will need as much as $263 billion in new generation and transmission through 2050 to support a peak demand projected to rise 40% to 80%. Those investments can be made without significant rate increases due to the growing load and especially if federal tax credits remain available, according to an analysis done for SPP by the Brattle Group.

1 month ago | euci.com | Mark Jaffe |Jim Vess

By Mark Jaffe, EUCI energy writerEfforts to expand and modernize electric grids around the world – to cope with growing demand for power and a shift to renewable generation – are struggling to keep pace in the face of supply chain bottlenecks, according to an International Energy Agency (IEA) report. “Prices and procurement times for essential components like power transformers and cables have almost doubled in four years, creating significant hurdles for grid developers,” the IEA said.

1 month ago | euci.com | Mark Jaffe |Jim Vess

By Mark Jaffe, EUCI energy writerFacing uncertainty and financial risks over the potential impact of tariffs on Canadian electricity imports, New England and New York grid operators are seeking permission from federal regulators to add a surcharge to cover import duties. ISO New England said in a filing to the Federal Energy Regulatory Commission (FERC) that it needs a cost-recovery mechanism in place even though it is unclear when the proposed 10% tariff would be imposed.