08 Jan '18, 9pm

via @nrdc

WASHINGTON, DC – The Federal Energy Regulatory Commission (FERC) today rejected Energy Secretary Rick Perry’s controversial proposal designed to prop up aging and financially failing coal and nuclear plants. Following is a statement from John Moore , director of the Sustainable FERC Project coalition housed within the Natural Resources Defense Council: “The law and common sense prevailed over special interests today. The FERC correctly found that the Department of Energy’s proposal violated the basic requirements of the Federal Power Act. Secretary Perry’s plan would have subsidized coal and nuclear plants with a 90-day fuel supply, yet Perry never explained why those plants were inherently more reliable or resilient. “FERC’s decision to ask the regional grid operators how they currently ensure a resilient grid is a reasonable first step. A well-thought-out inquiry into re...

Full article: https://www.nrdc.org/media/2018/180108

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