Latest news with #U.S.FederalEnergyRegulatoryCommission
Reuters
22-04-2025
- Business
- Reuters
Democrat Phillips resigns from US energy regulatory panel
WASHINGTON, April 22 (Reuters) - Willie Phillips, a Democratic commissioner on the U.S. Federal Energy Regulatory Commission, resigned on Monday, opening the way for President Donald Trump to nominate another member who would give the five-member panel a Republican majority. The resignation of Phillips, whose term had been set to go through June 30, 2026, allows Trump to nominate a Republican who would likely be easily confirmed by the Republican-controlled Senate. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. Trump is focused on maximizing production of oil and gas and opening up pipelines to bring gas from Pennsylvania to the U.S. Northeast. New York politicians have blocked the Constitution Pipeline that would transport gas from Pennsylvania. It is unclear how Trump can work to get the pipeline working. Politico reported on Monday that Phillips, who served as chair under former President Joe Biden, told the outlet that he had already been planning to resign before the White House asked him to step down. The White House did not immediately respond to a request for comment. "We will miss him here at FERC," Mark Christie, the Republican who Trump named as FERC chair on his first day in office in his second term, said in a press release. "I wish him and his family the very best for future success – and I am confident he will continue to be successful in whatever career path he chooses."
Reuters
13-03-2025
- Business
- Reuters
CERAWEEK Natgas key to meeting rising US power demand, FERC chairman says
HOUSTON, March 13 (Reuters) - U.S. Federal Energy Regulatory Commission Chairman Mark Christie said on Thursday that natural gas-fired power will be crucial to meet rising U.S. electricity demand - a situation that requires a big increase in gas pipeline capacity, as well as new power plants. "We're going to build combined-cycle gas to meet this load from data centers. We have to because there's no other way to serve it," he told the CERAWeek energy conference in Houston, referring to a projected spike in power consumption from the technology industry. Christie said other options to meet rising U.S. power consumption included nuclear power and coal-fired power. But he said nuclear reactors take too long to build and that utilities are not interested in coal. "For whatever reason, we're not building new coal plants," he said. U.S. utility demand for coal has slumped in the past two decades, in part because of concerns about pollution and climate change. The FERC is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil, including reviewing proposals for pipelines, LNG terminals, and licensing hydropower projects.
