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QER Calls for Modernizing the Nation’s NatGas Transmission and Distribution Systems

On April 21, the administration released the first installment of its first Quadrennial Energy Review (QER), described as the first-ever comprehensive study of the nation’s energy infrastructure, which identifies the threats, risks, and opportunities for U.S. energy and climate security, with the goal of enabling the federal government to translate policy goals into a set of integrated actions.

The QER, involving more than 20 federal agencies, came from a Jan. 9, 2014, directive from President Obama as part of his Climate Action Plan.

The intent of the first installment of the QER, according to a DOE official speaking at an electric power conference, was “not to collect dust” but to provide action-oriented recommendations.

One of the QER goals is regulatory reform, while at the same time it addresses “a trend toward reducing GHG emissions,” the DOE official said. “We recognize the need for multiple business models.”

GHG or Fuel?

The DOE website describes methane as “both a potent greenhouse gas and valuable energy resource.”

Natural Gas Pipeline - Oil & Gas 360
One of the areas addressed in the QER is modernizing the nation’s natural gas transmission and distribution systems and “reducing methane emissions through common-sense standards, smart investments, and innovative research to advance the state of the art in natural gas system performance.”

QER initiatives concerning the natural gas infrastructure include new efficiency standards for natural gas compressors, natgas system manufacturing R&D, federal loan guarantees for new methane reduction technologies and FERC proposed cost recovery for natgas facilities modernization.

The natgas initiatives are covered in more detail at the DOE website.

Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. The company or companies covered in this note did not review the note prior to publication. EnerCom, or its principals or employees, may have an economic interest in any of the companies covered in this report or on Oil & Gas 360®. As a result, readers of EnerCom’s reports or Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this report.

House Energy and Commerce Committee Commentary on QER

Following QER’s Findings, Committee Leaders Want to Work Together to Modernize U.S. Energy Policy
WASHINGTON, DC – House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Energy and Power Subcommittee Chairman Ed Whitfield (R-KY) today released the following statement following the administration’s release of the first installment of its Quadrennial Energy Review (QER) focusing on energy transmission, storage, and distribution infrastructure.
“The QER’s findings underscore the urgent need to update our nation’s energy policy and modernize our energy infrastructure. The current energy policy written in a time of scarcity just isn’t cutting it in today’s era of abundance. While we share our differences with this administration regarding energy policy, when it comes to the transmission, storage, and distribution of our resources, we can all agree that targeted changes to our laws and polices are necessary. We need a modern and resilient energy infrastructure that will meet tomorrow’s energy challenges. We are reviewing the administration’s full recommendations, but we have already found areas of common ground where we will work together. We are setting out to build the Architecture of Abundance, and we welcome any willing partners to join us.”
Earlier this year, the committee released a framework of its Architecture of Abundance energy legislation, which will focus on four policy areas: modernizing infrastructure, a 21st century energy workforce, energy diplomacy for a changing world, and efficiency and accountability.  


Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. EnerCom, or its principals or employees, may have an economic interest in any of the companies covered in this report or on Oil & Gas 360®. As a result, readers of EnerCom’s reports or Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this report.