January 8, 2018
In a major victory for an odd assembly of opponents, the Federal Energy Regulatory Commission (FERC) has rejected a plan by Energy Secretary Rick Perry to require some grid operators to pay extra to power producers who have more than 90 says of fuel onsite.
That standard could only have been met by nuclear and coal plants.
The five-person FERC unanimous order rejecting the plan was based on their judgment that the Perry plan’s supporters failed to show that the current electricity market pricing schedule is unfair.
The plan was opposed by not only environmentalists and alternative energy companies but by conservative activists, grid experts and natural gas companies.
However, in a concession to coal and nuclear, The Hill reports that the FERC is launching a formal effort to canvass electric grid operators what they are doing, if anything, to ensure that their grids remain resilient, which was the stated goal of his plan, according to Secretary Perry.