08 Jan '18, 9pm

Sierra Club statement: With NOPR Decision, FERC Brings Coal and Nuclear Industries Back to Reality

WASHINGTON, D.C. - The Federal Energy Regulatory Commission (FERC) terminated its consideration of Rick Perry’s Notice of Proposed Rulemaking (NOPR) that would have bailed out uneconomic coal and nuclear plants that cannot compete against cleaner, cheaper energy sources like solar, wind, and energy efficiency. FERC also initiated a new proceeding to investigate issues of grid resilience in a more comprehensive and evidence-driven manner, requesting that grid operators submit comments in 60 days. Despite his own staff’s findings that there was no economic or legal justification for propping up aging fossil and nuclear plants , Perry had asked FERC to create rules that would force electricity customers to pay billions of extra dollars to support uncompetitive coal and nuclear plants heading toward retirement. FERC’s decision today is a rejection of DOE’s request that it take...

Full article: https://www.sierraclub.org/press-releases/2018/01/nopr-de...

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via @nrdc

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