In this post, 3L Melanie Ramsey discusses the Federal Energy Regulatory Commission’s (FERC) new rule regarding energy storage.
EQT Corporation is planning to build the Mountain Valley Pipeline (MVP), in a first-time joint venture with four other gas companies, which will cut through the Blue Ridge Mountains in West Virginia and Virginia. The controversy surrounding the project, slated to break ground in February 2018, is in full swing.At the heart of the controversy, however, is a private company using the federal power of eminent domain to take away private landowners’ property for a pipeline that many argue is not even needed.
Secretary of Energy, Rick Perry, recently released a proposal that would guarantee profits to coal fired power plants that maintain 90 days of fuel on site as protection against the electricity grid failing. Secretary Perry’s suggestion that coal reserves are necessary to protect the electricity grid from failing is unsubstantiated given a recent report by the Rhodium Group which found that over the past five years only .00007% of major power disruptions nation-wide were due to fuel supply problems.