Regulators Reject Perry’s Plan to Help Coal and Nuclear Plants
Bloomberg -------- Federal regulators rejected U.S. Energy Secretary Rick Perry’s plan to bail out struggling coal and nuclear plants, instead asking grid operators to suggest their own ways to ensure reliable power supplies. In an order Monday, the Federal Energy Regulatory Commission terminated a proceeding that had begun in response to Perry’s September directive that suggested power plants should be rewarded for having 90 days of fuel on site. The proposal would’ve largely benefited coal and nuclear power plants. To learn more click on the picture below to read the article.