10 Nov '17, 4pm

Picking Losers: Why Coal and Nuclear Interests Are Desperate for a Ratepayer Bailout

Without Energy Sec. Rick Perry's scheme to make utility customers buy more expensive electricity from aging, dirty and dangerous coal and nuclear plants, utilities plan to close 75 coal and nuclear units in the next three years, according to federal data compiled by the Environmental Working Group (EWG). A new EWG report, Picking Losers , analyzes data from the Federal Energy Regulatory Commission (FERC) and the Energy Information Administration (EIA) showing that since 2009, solar power capacity has grown by a factor of 89 and wind power capacity has increased sixfold. But coal and nuclear capacity have declined or stagnated, as the rapidly declining cost of solar and wind power—among other factors, including the glut of natural gas and increased energy efficiency—are driving coal and nuclear plants out of the competitive wholesale market for electricity. Despite the inex...

Full article: https://www.ecowatch.com/coal-nuclear-ratepayer-bailout-2...

Tweets

Proposed Bailout of Coal and Nuclear Is Trump Admin’s Attempt to Save Dying Industries https://t.co/lkz8Q3KyP3

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via @greentechmedia

via @greentechmedia

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Subsidizing Coal and Nuclear Power Could Drive ...

ecowatch.com 15 Nov '17, 7pm

Our findings suggest that if Perry's proposal is enacted and raises rates, it could drive many ratepayers to go off-grid, ...

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