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Previous 2020 cost of Port Arthur facility award was not disclosed, but speculated at $8B to $9B, as community advocates press legal action for stricter air pollution controls
Neither owner nor contractor disclosed previous 2020 cost of "restated" Port Arthur LNG facility award, with earlier reports suggesting it at between $8 billion and $9 billion—as community advocates press legal action for stricter air pollution controls.
Princeton report sees 2.3% annual capacity growth compared to current 1% to link growing clean energy resources, but unclear permit reforms and project approval authority are key hurdles; DOE seeks input in using Defense Production Act authority to boost component manufacture and supply.
As Russia's gas squeeze intensifies, Germany aims to have LNG import and regasification infrastructure operating later this year in up to four port sites.
Freeport LNG, a major global exporter, will partially open in September after June 8 pipeline explosion but not fully until year end, drawing global market concern on supply in wake of Russian cutbacks. Federal probes are underway as to the incident cause.
As the Biden administration ramps up efforts to include consideration of project greenhouse gas emissions impacts in policymaking, court developments and a March 24 Federal Energy Regulatory Commission action show a fluctuating path toward final carbon effect rules.
Operator of most of the state grid announced March 17 a 10-year transmission upgrade plan, specifying 23 projects to accommodate a big boost in planned carbon-free power.
Energy giant's action, which it says will elevate its role in carbon capture and production of lower-emission fuels, follows pressure from activist investors.
