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DOE calls for FERC to adopt electricity market reforms

Published by
World Coal,


Energy Secretary Rick Perry sent a letter today, 2nd October to the Federal Energy Regulatory Commission (FERC) calling on the Commission to adopt electricity market reforms to prevent the premature retirement of baseload power plants. 

Energy Secretary Rick Perry sent a letter today, 2nd October to the Federal Energy Regulatory Commission (FERC) calling on the Commission to adopt electricity market reforms to prevent the premature retirement of baseload power plants. The letter also includes a proposed rule. ACCCE issued the following statement by Paul Bailey, President and CEO.

“We commend Secretary Perry for initiating a rulemaking by FERC that will finally value the onsite fuel security provided by the coal fleet,” said Bailey. “The coal fleet has large stockpiles of coal that help to ensure grid resilience and reliability. We look forward to working with FERC and grid operators to quickly adopt long overdue market reforms that value the coal fleet.”

Read the article online at: https://www.worldcoal.com/power/02102017/doe-calls-for-ferc-to-adopt-electricity-market-reforms/

 

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