administration favors change in electricity pricing - coal and gas bbq

DALLAS (AP)-
The Trump administration is pushing for a change in the way electricity is priced to better reward coal and nuclear, which face increasingly fierce competition from natural gas and renewable energy.
Energy Minister Rick Perry called on the Federal Energy Regulatory Commission on Friday to take action within 60 days to pass the rules to pay for power plants that are considered more resilient.
He insisted that the mix of multiple sources of energy would strengthen the grid by ensuring adequate backup power supply, especially during natural disasters.
On the other hand, the decline of traditional power supply will destroy reliability.
Advocates of renewable energy are cautious.
"This will extend the life of 50 people. year-
The old coal and nuclear power plants cost at the expense of newer and cleaner sources of electricity, including wind and solar energy, "said Rob gramerich, a consultant who previously worked in
Energy trade association.
FERC is an independent body that regulates the wholesale electricity market and does not need to follow Perry's advice.
However, two of the three commissioners are currently nominated by President Donald Trump, and environmental activists are concerned that this may make the agency tend to accept Perry's advice.
The committee did not respond to requests for comment.
Perry's proposal came a month after the Department of Energy staff released a report that called for more research on whether reliability and resilience could be a factor in wholesale power pricing. Number of us. S.
Electricity generated by coal has dropped to about 1-
Ranked third in the past decade, mainly because fracking makes natural gas cheaper.
Renewable energy, led by solar and wind, remains a small part of the energy mix, but is still growing.
Coal and nuclear power plants are considered "basic load" sources as they provide a large amount of stable power from materials stored on site, which reduces the risk of disruption of fuel supply.
Perry wrote in a letter to energy: "The greatness of the United States depends on a reliable, resilient grid driven by a hybrid of all the above-mentioned sources of power generation
Management Committee
He wrote that the resilience of the grid is "threatened by the premature retirement of these fuels --
Protect the traditional resources of the Netherlands.
The coal group appreciated Perry's move.
Paul Bailey, president of the United States Clean Coal and Electricity Alliance, praised Perry for launching a "process that will ultimately value power supply"
On-site fuel safety provided by the coal fleet.
Maria Korsnick, director of the Nuclear Energy Research Institute, said the electricity market is too dependent on short-term investment.
The term price, do not value everything in the power system.
She said the nuclear reactor "found itself struggling to survive when the country needed it most.
But advocates of natural gas and renewable energy criticized Perry's proposal.
Amy Farrell, senior vice president of the American Wind Energy Association, said: "We are worried that today's proposal will subvert the competitive market that saves consumers billions of dollars every year . ".
Electricity prices should be based on performance, she said, "according to the situation of the government, there is no guarantee for the payment of some people --
Definition of provisions.
Don Santa, president of the Interstate Natural Gas Association, said Perry's plan would benefit "a very limited set of fuels and technologies" and ignore nature-
Gas generated in the recent hurricane.