Ed. note: Jim Clarkson, an energy consultant and principled libertarian, is a veteran of gas and electric politics in South Carolina and other southeastern states. Clarkson has been a thorn in the side of cronyism between the utilities and their regulators for several decades. His previous posts can be found here, including “The Ratepayer’s Prayer“.
Six years ago, I sought advice about the prospects of my getting on the South Carolina Public Service Commission. It didn’t sound promising; nonetheless, considering myself familiar with state utility regulation, and having different ideas how it should be conducted, I gave it a shot. Here’s my story, beginning with some background.
In South Carolina there are seven U.S. congressional seats, and the General Assembly appoints a commissioner from each district for five-year staggered terms.…
This post updates the financial troubles of Denmark’s Ørsted, recent BOEM auctions, and pushback against Maryland governor Wes Moore. Today, operational offshore wind capacity is less than 50 megawatts versus the Biden-Harris Administration goal of 30,000 MW by 2030.
Ørsted
Denmark’s Ørsted, the worldwide leading offshore wind developer, recorded a $575 million loss in the second quarter. In part, the loss is the result of disappointing developments in the U.S.
The company has delayed commercial operation of its 704-MW Revolution Wind project off the coast of Rhode Island and Connecticut from 2025 to 2026. Ørsted’s ambitious U.S. offshore wind program has been lagging, despite solid support (subsidies, permits) from the Biden administration.
A year after an Interior Department’s Bureau of Ocean Energy Management (BOEM) auction for Gulf of Mexico leases failed to attract significant interest, BOEM continues to delay another attempt to find adequate bidders off the east coast.…
Continue Reading“It is now time for DOI and BLM to prove their worth, and whether they are truly working in the public interest, or merely pandering to the Lower-48 radical environmental elite … trying to shut down the Trans-Alaska Pipeline System (TAPS) … [and] Alaska.” ( – U.S. Senator Dan Sullivan, below)
Termite aspirations. That term from Ayn Rand toward the enemies of modern living and human betterment is applicable to many energy issues today. One of the most recent examples regards the Trans-Alaska Pipeline System, which since 1977 has been transporting crude oil from Prudhoe Bay to Valdez (800 miles) for tanker shipment to markets. Today, TAPS averages about 450,000 barrels of crude oil per day, accounting for 3.5 percent of U.S. production.
Petition to Close
This June, these environmental groups filed a legal petition to the U.S.…
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