FERC To Examine Climate Change's Threat To Power Reliability

"WASHINGTON - U.S. federal energy regulators said on Monday they will examine threats that climate change and extreme weather events pose to the country’s electric reliability in the wake of last week’s deadly Texas freeze that left millions of people without power.

“The effects of climate change are already apparent,” Federal Energy Regulatory Commission Chairman Richard Glick said in a statement.

“We must do everything we can within our statutory authority to ensure that the electric grid is capable of keeping the lights (on) in the face of extreme weather.”

FERC, which regulates the interstate transmission of electricity, oil and natural gas and approves fossil fuel projects such as pipelines, could play a big role in President Joe Biden’s promise to make the power grid emissions-free by 2035."

Timothy Gardner reports for Reuters February 22, 2021.

Source: Reuters, 02/24/2021