“I think they’re buying it.”
Credit: Kevin Dietsch-Pool

Federal regulators on Monday rejected a rule proposed by Energy Secretary Rick Perry that would have subsidized coal and nuclear.
The Federal Energy Regulatory Commission ordered regional transmission organizations to further investigate issues that could threaten the U.S. grid’s resilience.

Federal regulators on Monday rejected a rule proposed by Energy Secretary Rick Perry that would have subsidized coal and nuclear power plants in some parts of the United States. (emphasis added)

However, the Federal Energy Regulatory Commission kept the issue alive by ordering the organizations that operate regional grids and power markets to submit reports to the commission on grid resilience issues in their areas.

In a statement, FERC said, “We appreciate the Secretary reinforcing the resilience of the bulk power system as an important issue that warrants further attention.”

The decision is a setback for President Donald Trump‘s efforts to prop up ailing coal-fired plants and nuclear power stations, as well as the mining industry.

The proposal, known as the Proposed Rule on Grid […]

Read the Full Article