Trump-appointed regulators reject plan to rescue coal and nuclear plants

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washingtonpost.com - by Steven Mufson - January 8, 2018

The Federal Energy Regulatory Commission on Monday unanimously rejected a proposal by Energy Secretary Rick Perry that would have propped up nuclear and coal power plants struggling in competitive electricity markets.

The independent five-member commission includes four people appointed by President Trump, three of them Republicans. Its decision is binding.

At the same time, the commission said that it shared Perry’s stated goal of strengthening the “resilience” of the electricity grid and directed regional transmission operators to provide information to help the commission examine the matter “holistically.” The operators have 60 days to submit materials. At that time, the agency can issue another order.

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CLICK HERE - Rick Perry’s Plan to Rescue Struggling Coal and Nuclear Plants Is Rejected

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