FERC, NERC combine on outage inquiry
Federal Energy Regulatory Commission FERC Chairman Jon Wellinghoff and Gerry Cauley, President and Chief Executive Officer of the North American Electric Reliability Corporation NERC, announced that they are combining the efforts of their separate inquiries into the causes of the electric outages and natural gas delivery disruptions that occurred in the Southwest, during an unusual cold spell in early February of this year.
FERC and NERC have been sharing information but conducting separate inquiries into the matter. FERC and NERC staffs will issue a joint report on findings and recommendations and present them to the Commission and to the NERC Board of Trustees.
The Federal Power Act of 2005 gives FERC authority to oversee the reliability of the nationÂ’s bulk electric system. FERC has designated NERC as the organization that develops and enforces mandatory reliability standards.
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Japanese utilities buy into vast offshore wind farm in UK
TOKYO - Two of Japan's biggest power companies will buy around 40% of a German-owned developer of offshore wind farms in the U.K., seeking to learn from Britain's lead in this sector and bring the know-how back home.
Tokyo-based Electric Power Development, better known as J-Power, will join Osaka regional utility Kansai Electric Power in investing in a unit of Germany's Innogy.
The deal, estimated to be worth around $900 million, will give J-Power a 25% stake and Kansai Electric a roughly 16% share. It will mark the first investment in an offshore wind project by Japanese power companies.
Innogy plans to start…
