Blog: February 2018

GET TIMELY INSIGHTS. Our blog showcases a variety of voices from our home at the University of Pennsylvania—including faculty, students, staff, senior fellows, and visiting scholars. Opinions and perspectives are from the authors; not the Kleinman Center.

Feb22
2018

Assessing Competitiveness of Philadelphia Energy Solutions

Christina Simeone
Recently, Philadelphia Energy Solutions asserted its refinery complex is not antiquated, but “state of the art.” Let's explore that claim with some real data.
Feb21
2018

New FERC Rule Grows Clean Energy's Role in Grid Resilience

Thomas Lee
What does last week's ruling on primary frequency response mean for grid resilience and clean energy? And what limitations exist under this new rule?
Feb05
2018

Part 4: The Speculative Future of Philadelphia Energy Solutions

Christina Simeone
Philadelphia Energy Solutions forecasts a rosy picture following a Chapter 11 reorganization. But the refinery still faces some fundamental challenges.
Feb04
2018

Part 3: Philadelphia Energy Solutions Investors Prioritized Stronger Investments

Christina Simeone
Many of the challenges stressing Philadelphia Energy Solutions were known and anticipated. And investors may have sacrificed PES for the benefit of more profitable projects.
Feb03
2018

Part 2: Philadelphia Energy Solutions Ch. 11 Fact and Fiction

Christina Simeone
The Philadelphia refinery says Renewable Energy Fuel Standard compliance costs were the source of its woes, but the real story is somewhere between tough luck and market realities.
Feb02
2018

Part 1: Philadelphia Energy Solutions Bankruptcy Basics

Christina Simeone
The East Coast's oldest and largest refinery filed for bankruptcy last week after a long history of being unprofitable. Find out why.
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