The Federal Energy Regulatory Commission on Monday unanimously rejected a proposal by Energy Secretary Rick Perry that would have propped up nuclear and coal power struggling in competitive electricity markets.
The independent five-member commission includes four people appointed by President Trump, three of them Republicans. Its decision is binding.
...
Perry’s proposal favored power plants able to store 90 days fuel supply on site, unlike renewable energy or natural gas plants.
The plan, however, was widely seen as an effort to alter the balance of competitive electricity markets that federal regulators have been cultivating since the late 1980s. And critics said that it would have largely helped a handful of coal and nuclear companies, including the utility FirstEnergy and coal mining firm Murray Energy, while raising rates for consumers.
https://www.washingtonpost.com/news...al-and-nuclear-plants/?utm_term=.829ea4855348
The independent five-member commission includes four people appointed by President Trump, three of them Republicans. Its decision is binding.
...
Perry’s proposal favored power plants able to store 90 days fuel supply on site, unlike renewable energy or natural gas plants.
The plan, however, was widely seen as an effort to alter the balance of competitive electricity markets that federal regulators have been cultivating since the late 1980s. And critics said that it would have largely helped a handful of coal and nuclear companies, including the utility FirstEnergy and coal mining firm Murray Energy, while raising rates for consumers.
https://www.washingtonpost.com/news...al-and-nuclear-plants/?utm_term=.829ea4855348
