ACCCE supports McNamee’s FERC nomination
Published by Stephanie Roker,
Editor
World Coal,
On 3 October, the White House announced their intention to nominate Bernard L. McNamee to the Federal Energy Regulatory Commission (FERC).
America’s Power (ACCCE) issued the following statement by Michelle Bloodworth, President and CEO: “We are pleased to support the nomination of Bernard McNamee to fill the vacancy at FERC and are hopeful that he will have a swift confirmation,” said Bloodworth.
“FERC has a critical role in assuring that wholesale markets value resilience attributes, especially fuel security. McNamee’s background and experience at the state and federal levels make him well qualified to be the next FERC commissioner,” Bloodworth continued.
According to ACCCE analysis, nearly 120 000 MW of coal-fired generating capacity – almost 40% of the nation’s coal fleet – has retired or announced plans to retire. The coal fleet provides fuel security by maintaining an onsite stockpile of coal that can last an average of more than 70 days.
Read the article online at: https://www.worldcoal.com/power/04102018/accce-supports-mcnamees-ferc-nomination/
You might also like
Coal exit and workforce shortages keep short-term Australian power prices high
Cornwall Insight has reported that the ongoing phase-out of coal facilities and the sluggish progress in launching new renewable energy projects is poised to push Australian electricity prices higher until 2030.