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

The following article by Steven Mufson was posted on the Washington Post website January 8, 2018:

Secretary Rick Perry

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 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. Continue reading “Trump-appointed regulators reject plan to rescue coal and nuclear plants”