One of the newest commissioners on the Federal Energy Regulatory Commission (FERC) hopes the agency would quicken the permitting process for the energy infrastructure projects across the U.S.
The FERC is responsible for interstate and international energy regulation to approve or reject the permits for projects, such as LNG liquefaction plants or interstate pipelines, to be developed. The agency’s permitting process is criticized by many in the industry for being too slow and complicated.
The FERC is one of the fastest federal agencies at processing permits, said FERC Commissioner David Rosner at Gastech Houston 2024. However, he said the commission is aware that the permitting process is too slow overall.
"Yeah, it's a huge problem, but we know how to do this, we've done it before. Permits, the time involved, it's a problem,” Rosner said.
Rosner is one of three new members now serving on the five-commissioner regulatory agency.
Rosner did not discuss any specific projects but did say he understood the difficulty of balancing out the needs of customers, producers and environmental regulations.
“When I look at these questions, I think, what do we need to do to make these things a reality, while balancing all the things that the statute asks us to balance, while also making sure that consumers have access to electricity? Affordable electricity, cleaner electricity,” he said.
Recommended Reading
Viper Energy Offers 10MM Shares to Help Pay for Permian Basin Acquisition
2024-09-12 - Viper Energy Inc., a Diamondback Energy subsidiary, will use anticipated proceeds of up to $476 million to help fund a $1.1 billion Midland Basin deal.
Delek Logistics Partners Raises $166MM in Offering to Pay Debt
2024-10-11 - Delek Logisitics Partners closed an offering of 4.42 million common units to generate gross proceeds of $166 million.
CSW Increases Common Stock Offering to Repay Debt
2024-09-05 - CSW Industries increased its offering of common stock from 1 million shares to 1.1 million shares at $285 per share.
Analyst: Is Jerry Jones Making a Run to Take Comstock Private?
2024-09-20 - After buying more than 13.4 million Comstock shares in August, analysts wonder if Dallas Cowboys owner Jerry Jones might split the tackles and run downhill toward a go-private buyout of the Haynesville Shale gas producer.
Cibolo Energy Closes Fund Aimed at Upstream, Midstream Growth
2024-09-10 - Cibolo Energy Management LLC closed its second fund, Cibolo Energy Partners II LP, meant to boost middle market upstream and midstream companies’ growth with development capital.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.