Daily on Energy ⚡: SenMarkey is staking out progressives’ position on how Congress should go about speeding up environmental permitting with new suggestions that would explicitly exclude fossil fuel projects from special project designations.
MARKEY’S PERMITTING REFORM PROPOSAL: Sen. Ed Markey is staking out progressives’ position on how Congress should go about speeding up environmental permitting with new suggestions that would explicitly exclude fossil fuel projects from special project designations and enable local communities to be included in project planning itself.
His list of “progressive clean energy deployment and permitting priorities” call for foregrounding environmental justice considerations and enabling more community input earlier on in the project review process. Markey goes further on environmental justice, though, and proposes to include affected communities in the project planning process rather than just leaving them equipped to comment or challenge a project after it’s been planned and proposed.
Markey, however, would exclude oil, gas, fossil hydrogen, and carbon capture and storage projects from the list and require that at least 50% of such projects be “clean energy projects that support environmental justice communities.” “The balance that is needed now, since we have to do this in a bipartisan way, is figuring out what on the other side of the ledger that Republicans are pushing is palatable [to enough Democrats],” the person said. “I don't think we have an answer to that yet.”
Consumers, fuel retailers, ethanol producers, and farmers “need certainty,” the governors said in a letter and said the fuel market conditions “still exist today” that drove the Biden administration to issue an emergency waiver for E15 last summer when oil prices surged following the invasion of Ukraine.
RENEWABLE ENERGY ACCOUNTED FOR 83% OF NEW POWER CAPACITY ADDED LAST YEAR: Global renewable energy capacity increased by 9.6% in 2022, accounting for roughly 83% of power capacity added, the International Renewable Energy Agency said in its annual report yesterday, as more countries sought to diversify their energy mixes and reduce fossil fuel reliance.
In the more than 100 years since Shell has been in the energy business, the company has undergone a “number” of transitions, Carolyn Comer said yesterday at the EPSA Competitive Power Summit, but the one now is “probably going to happen quicker than anything that we've seen in the past.” On the clean energy side, Comer said she was excited about the prospects for things like renewable natural gas and responsibly sourced gas, including processes that would allow the removal of methane from natural gas.
Another is security. Robb noted that over the past few months, grids have seen a “number of high-profile ransomware events,” which outpaced recent physical threats. This offers a great opportunity for the sector, he said, as they are “basically developing a grid in front of us and have an opportunity to build cybersecurity into the grid—as opposed to bolt it on afterwards—which is basically what we're doing today.
The project is being developed by SSE Renewables-Marubeni-CIP, made up of Scottish developer SSE Renewables, Japanese conglomerate Marubeni Corporation, and Danish fund management company Copenhagen Infrastructure Partners.
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