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FERC Rejects Proposed Rule to Reinvigorate Coal and Nuclear Production

Posted By Ariel Hill-Davis, Wednesday, January 10, 2018

On January 8th, the Federal Energy Regulatory Commission (FERC or the Commission) unanimously rejected Secretary of Energy Perry's proposal for new regulations that would favor nuclear and coal powered energy production. Secretary Perry proposed the "Grid Reliability and Resilience Pricing" rulemaking as a way to address our national electric grid's reliability, but the move was seen as a way to help the two energy sectors that have been struggling recently. In the proposal, FERC was asked to favor power plants capable of storing a 90-day fuel supply on site, unlike renewable energy or natural gas plants. IMA-NA and NISA joined other stakeholders in asking FERC to reject the proposal on the grounds it would interfere with market forces by propping up older and less efficient plants that are struggling to compete with new energy sources. Specifically, this move would have handicapped the growing natural gas industry in the United States. Natural gas is a growing industry and one that provides low cost energy across the country for industrial, commercial, and individual consumers. IMA-NA is pleased with FERC's decision to reject this proposal.  It should be noted though, that the Commission initiated a new rule to look at the resilience of the electric grid in a more "holistic fashion". FERC has requested regional transmission operators submit information and materials to help the Commission decide what, if any, course of action is necessary to improve the resilience of the grid. Operators have 60 days to submit materials. 

To read the decision click here

To read the comments IMA-NA & NISA signed onto click here

Tags:  DOE  energy  FERC  natural gas  Regulations  Secretary Perry 

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