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Federal Energy Regulatory Commission (FERC) rejected Trump Administration’s plan to rescue coal and nuclear industries

Massive FERC Flop For Plan To Save Coal & Nuclear Power Plants, Clean Technica, June 13th, 2018 by Tina Casey 


The Trump Administration has devised a new plan for saving the nation’s aging fleet of coal and nuclear power plants, but so far it has been going over like a lead balloon. At a Senate hearing yesterday, all five members of the Federal Energy Regulatory Commission gave it the thumbs down.

Wait — what? Did you really think there was a chance the plan get the seal of approval from any of the FERC commissioners? Come to think of it, maybe. After all, the FERC Chairman himself was appointed by President* Trump. So, what went wrong at yesterday’s hearing?

What’s The Plan, Stan?

The new plan leverages the Energy Department’s authority to keep the electricity flowing under the federal Power Act. Here’s an explainer from the agency (emphasis added because that’s the important bit):

Under FPA section 202(c) during the continuance of a war in which the United States is engaged or when an emergency exists by reason of a sudden increase in the demand for electric energy, or a shortage of electric energy, or of facilities for the generation or transmission of electric energy, or of the fuel or water for generating facilities, or other causes, the Secretary of Energy may require by order temporary connections of facilities, and generation, delivery, interchange, or transmission of electricity as the Secretary determines will best meet the emergency and serve the public interest.

Fair enough. The question is whether or not an emergency exists, and at yesterday’s hearing the FERC commissioners couldn’t find anything in that long list of section 202(c) emergencies that would apply to the nation’s fleet of coal and nuclear power plants.

Meet The New Plan, Same As The Old Plan

More to the point, November’s midterm Congressional elections are fast approaching, so anything that looks like a taxpayer bailout is doomed to fail.

CleanTechnica predicted as much in a piece published Monday morning, before yesterday’s Senate hearing got under way………https://cleantechnica.com/2018/06/13/massive-ferc-flop-for-plan-to-save-coal-nuclear-power-plants/

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June 15, 2018 - Posted by | public opinion, USA

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