FPA Section 202c
The authors of the DOE memo supporting coal and nuclear subsidies took the spaghetti approach – throw everything against the wall and hope something sticks.
Since President Trump directed Energy Secretary Rick Perry to prevent additional coal and nuclear plant retirements, the administration has provided no additional details.
Interregional transmission planning challenges and the growth of renewable energy, particularly wind power were among the topics of discussion at the 2018 Mid-America Regulatory Conference.
A senior DOE official told Congress the department has no estimates on the cost of the coal and nuclear power bailout President Trump ordered.
President Trump on Friday ordered Energy Secretary Rick Perry to take immediate action to prevent the loss of coal and nuclear plants, saying the economic and environmental challenges forcing their retirements threaten national security.
Nuclear Energy Institute CEO Maria Korsnick expressed support for FirstEnergy’s request that the Department of Energy declare an emergency in PJM.
Energy Secretary Rick Perry indicated he was not likely to declare an emergency to keep FirstEnergy Solutions’ (FES) struggling power plants operating.
PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.
PJM stakeholders are questioning the process for how a transmission development proposal will proceed following a debate at last week’s Planning Committee meeting.
FirstEnergy Solutions filed for bankruptcy Saturday, two days after asking Energy Secretary Rick Perry to issue an emergency order directing PJM to compensate coal-fired and nuclear power plants.
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