Description: This report discusses a recently proposed rule by the Secretary of Energy "The Grid Resiliency Pricing Rule" which directs the Federal Energy Regulatory Committee (FERC) to establish "just and reasonable rates" for wholesale electricity sales in competitive markets. The rule is seen as as supporting coal-powered power plants, which have lost sales due to lower prices from more efficient and cheaper natural gas fired plants and alternative energy sources, because a recent report by the Department of Energy categorizes coal and nuclear powered plants as more fuel-secure and resilient due to supplies of fuel kept on hand that would allow the plants to be self-sufficient for a period after a a disaster.
Date: October 13, 2017
Creator: Campbell, Richard J.
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Partner: UNT Libraries Government Documents Department