Rick Perry’s plan to subsidize coal and nuclear plants is bonkers. The Trump administration has not typically put a premium on transparency or fealty to empirical fact. So it was somewhat puzzling when the Department of Energy released its long-awaited study of power grid reliability in August and it looked … mostly normal. By all accounts, DOE’s experts were allowed to work on it unimpeded. Its conclusions lined up with the broad consensus in the energy field: The loss of coal plants has not diminished grid reliability; in fact, the grid is more reliable than ever. Reliability can be improved further through smart planning and a portfolio of flexible resources. Regulators should work on ways to better compensate reliability in competitive energy markets. Now Perry wants utilities to pay coal and nuclear power plants for all their costs and all the power they produce, whether those plants are needed or not.
Vox 4th Oct 2017 read more »
Former FERC officials and energy experts say moves to guarantee cost recovery for generators with onsite fuel supplies could unravel wholesale power markets.
Utility Drive 2nd Oct 2017 read more »