Customers of Southwestern Electric Power Company in Arkansas are getting a shock as the firm is asking approval for a more than 27% increase in monthly residential charges. The filing with the Arkansas Public Service Commission indicated it wants to increase residential rates for customers who use 857 kilowatt hours to $30.46 per …
Category: Wind Energy
Interior Department targets wind industry
The nation’s wind industry is in the bulls eye of Interior Secretary Doug Burgum, who announced new policy measures this week. Among them, an ending of special treatament for what the Department labeled as “unreliable energy sources” and included wind as one of them. The Department might stop some onshore wind development on some federal …
Energy briefs
** A major Pacific oil reserve offline for a decade was restarted in only five months of work by Interior Secretary Doug Burgum, despite pleas from Sen. Adam Schiff, D-Calif., and completion of a reported laundry list of permitting and reviews. The Interior Department’s Bureau of Safety and Environmental Enforcement (BSEE) announced Friday it has shepherded the reopening of the …
Biden administration ignored warnings not to locate wind farms next to Interstates and railways
Public claims are being made how the Department of Transportation under then-Secretary Pete Buttigieg ignored safety concerns about approving dozens of windmill projects near the nation’s highways and railroads. Drive across Oklahoma and there are numerous wind farms located adjacent to interstates and highways. Whether the warnings pertained to them is unknown. But it’s …
Energy briefs
** Liquefied natural gas developers led gains for U.S. energy companies in early trading on Monday, after the European Union pledged $750 billion worth in strategic purchases as part of a sweeping trade pact. ** Chevron said it plans to lay off almost 600 Houston workers as part of its monumental acquisition of Hess. Around 575 …
OGE to release 2Q earnings report Wednesday following big 1Q report in March
The second quarter earnings of Oklahoma Gas and Electric will be released early Wednesday morning before the opening of the markets. It comes as the company continues seeing customer growth and some of it is coming from industrial growth in the state. The company intends to hold a conference call at 8 a.m. Oklahoma time. …
Energy briefs
** Out of nowhere as far as many were concerned, the U.S. Department of Agriculture canceled an important application window for its Rural Energy for America Program, which could send thousands of small farms and business owners scrambling. Canary Media reported that this wasn’t some scheduling hiccup; it was the last chance many had to finance clean energy projects …
Mitchell talks energy with Jerry Bohnen—bad politics affecting your utility rates
More examples of bad politics impacting your utility rates. They are discussed in the latest podcast of Scott Mitchell talks energy with Jerry Bohnen. But what about the Oklahoma impact of the President’s latest tariff agreement with the European Union?
Invenergy moving ahead with Grain Belt Express despite cancellation of $5 billion government loan guarantee
Despite the Trump administration’s announced cancellation of a nearly $5 billion federal loan guarantee for the Grain Belt Express transmission project, developer Invenergy says it’s moving forwarad with private financing. The cancellation of the $4.9 billion federal loan guarantee came last week. Invenergy wants to build the large transmission line to carry wind-powered …
Oklahoma natural gas involved in EU trade deal
(Reuters) Oklahoma could have a direct role in the historic trade agreement reached by President Trump with European Commission President Ursula von der Leyen, one that gives the EU a $750 billion energy commitment with the U.S. Few details of the energy impact are available but this much is known. As a result …