Daily on Energy: The Barrasso bill approach to grid reliability, Texas anti-renewables bill advances, and Tesla breaks ground on lithium

A CLOSER LOOK AT THE BARRASSO BILL: Senate Republicans’ new energy package, like that of their House counterparts, goes much further than reforming energy permitting laws and would address degenerating grid reliability by getting regulators more involved in agency rulemakings that may affect the bulk power system.

NERC’s findings would then have to be incorporated into the rulemaking process. FERC would be required to submit comments to the agency whose rule was subjected to review, and the agency would have to explain to FERC how it responded to the comments before finalizing the rule or action. Where this process might be employed: EPA projected that its ozone transport rule, as proposed in March 2022, would result in 18 gigawatts of coal and 4 gigawatts of oil/gas retirements by 2030. Its final rule was projected to result in an additional 14 GW of coal retirements nationwide, a reduction of 13% of national coal capacity.

TESLA BREAKS GROUND AT TEXAS LITHIUM REFINERY: Tesla broke ground at the site of its new planned lithium refinery outside Corpus Christi, which it expects will have production capacity sufficient to supply approximately 1 million vehicles with battery-grade lithium each year. S.B. 624, which cleared the Senate yesterday by a 21-9 vote, is the latest GOP-led effort in Texas to shift the state’s power generation away from renewable sources, such as wind and solar power, and back toward natural gas-fired generation, in the name of reliability – a major concern since 2021’s Winter Storm Uri.

US, RUSSIA, AND KOREA ROUND OUT TOP 3 PER-CAPITA EMITTERS: The U.S. was the globe’s top emitter on a per capita basis in 2019, according to new data from the World Resources Institute.

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