By Editors of Power Engineering
Energy Secretary Rick Perry called for the Federal Energy Regulatory Commission to formulate new regulations that would ensure coal and nuclear plants can “recover fully allocated costs and thereby continue to provide the energy security on which our nation relies.”
Perry said coal and nuclear plants are key to providing stability and reliability to the electric grid, and that they should be compensated accordingly, the Washington Post reported. Perry cited both the energy department’s recent grid study as well as recent hurricanes that caused major power outages.
FERC has 60 days to determine what actions to take. Though there is no guarantee the agency will take action, the Washington Post noted the commission’s new chairman, Neil Chatterjee, is receptive to the move.
“I believe baseload power should be recognized as an essential part of the fuel mix,” Chatterjee said in an August FERC podcast. “I believe that generation, including our existing coal and nuclear fleet, need to be properly compensated to recognize the value they provide to the system.”