Jan 10, 2018
Coal subsidy sinks after federal committee votes “no”
The Federal Energy Regulatory Committee voted down a proposal from the Department of Energy offering financial support for power plants that keep a 90-day supply of fuel stock on site (basically coal and nuclear plants). The FERC said the cost to consumers far outweighed any possible grid security benefit of the measure.
The Federal Energy Regulatory Committee voted down a proposal from the Department of Energy offering financial support for power plants that keep a 90-day supply of fuel stock on site (basically coal and nuclear plants). The FERC said the cost to consumers far outweighed any possible grid security benefit of the measure.