Monday, October 2, 2017
On Thursday, September 28, U.S. Department of Energy (DOE) Secretary Rick Perry sent a letter to the Federal Energy Regulatory Commission (FERC) outlining a path to help avoid the premature closure of additional baseload generating plants.
“America’s greatness depends on a reliable, resilient electric grid powered by an ‘all of the above’ mix of generation resources,” said Secretary Perry in the letter. “This diverse mix of resources must include traditional baseload generation with on-site fuel storage that can withstand major fuel supply disruptions caused by natural and man-made disasters. But the resiliency of the electric grid is threatened by the premature retirements of these fuel-secure traditional baseload resources.”
The DOE proposal accompanying Secretary Perry’s letter to FERC – called the Notice of Proposed Rulemaking (NOPR) – could help correct faulty market conditions and keep essential baseload generating plants operating. In his letter, Secretary Perry requested that FERC move fast to address this urgent issue.
"To that end, I direct the Commission to consider and complete final action on the rule proposed therein within 60 days from the date of the publication of the NOPR in the Federal Register," said Secretary Perry.
“We commend Secretary Perry and the DOE for recognizing the importance of a reliable, resilient electric grid for American families and our nation’s economy and look forward to the final action as soon as possible,” said President and CEO Chuck Jones.
Click here to read Secretary Perry's letter to FERC.