Peabody releases statement of support for new Affordable Clean Energy rule
Published by Claire Cuddihy,
Assistant Editor
World Coal,
Peabody supports the adoption of the Affordable Clean Energy (ACE) rule as a replacement for the Clean Power Plan as a significant step in ensuring reliable, resilient and affordable electricity across the US.
ACE strengthens regulatory and investment certainty using a sensible and legally defensible ‘within the fenceline’ approach to improve efficiencies of existing power plants. The proposed rule offers technically feasible and appropriate measures with the potential to deliver cost-effective, achievable and practical solutions for reducing emissions while minimising disruptions to electricity generation. Furthermore, ACE offers individual states greater flexibility in the development and timing of state implementation plans, avoiding a ‘one-size-fits-all’ approach to managing distinct and diverse needs.
Peabody has long advocated for technology solutions to meet the three-part goal of energy security, economic progress and environmental solutions and we believe ACE satisfies these objectives.
Read the article online at: https://www.worldcoal.com/power/21062019/peabody-supports-new-affordable-clean-energy-rule/
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.