Nineteen states and two organizations challenge FERC’s decision, claiming BlackRock’s participation in climate initiatives violate its passive investor status.
The DOI argues that Order No. 871’s automatic stay provision now hinders energy infrastructure development, contradicting current federal policy.
FERC’s ruling may facilitate similar production boosts at other LNG plants.
Rehearing requests were denied for plan to accelerate grid connection for shovel-ready projects, despite concerns from clean energy sector.
The coalition of renewable groups contend that the grid manager’s plan will fail to resolve massive gridlocks in connecting new projects to the system, which has grown to over 300 GW.
Constellation argues that including reliability must-run units as price takers distorts market signals, jeopardizes grid stability and disregards commission precedent in New York and New England.
