Surely not.

[anon_xl72qcu5isp39]

If the administration follows a leaked draft proposal from the Energy Department, that would mean the administration will force electric grid operators to buy power from plants that have become uncompetitive and are at risk of closing. It was not immediately clear whether the White House would take that path...

The unprecedented move essentially amounts to a second attempt to bail out coal and nuclear power plants. Secretary of Energy Rick Perry proposed a rule last year that would require regional markets to compensate coal and nuclear plants for the reliability they provide to the grid. However, a bipartisan group of five regulators unanimously rejected that plan...

Coal and nuclear power plants are retiring ahead of schedule, primarily due to competition from natural gas-fired facilities and renewable solar and wind farms.

 

[Headhunter]

Wake me up when the draft becomes a regulation.

The buracracy writes a million drafts a day.

 

[davidallen]

Do you think Rick Perry even understands the scope of his responsibilities?

 

[jkosu]

Wait, the government wants to put rules into place to force companies to do things they find uneconomical? A real shocker.

Also, it might not be a bad idea to keep some of these goober utilities from putting all their power generation eggs in one cheap-right-now basket at one time only to loose generation capacity and/or force their customers to pay more down the road. Things change a little when you’re a regulated monopoly.

If you want to see “goober” in action, look into PSO’s wind power and transmission line project under review right now. Or wait until they decide they just have to string a 765,000 volt power line through your area because...reasons.

 

[jkosu]

Do you think Rick Perry even understands the scope of his responsibilities?

Honest answer? Probably not.

Sarcastic answer? What exactly do you expect from a former Aggie yell leader?

 

[anon_xl72qcu5isp39]