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Natural Resources Defense Council
DOE Proposes Radical Electricity Pricing Rule
"Outrageous bailout of the coal & nuclear industries on the backs of American consumers"



October 2, 2017

The Department of Energy proposed that the Federal Energy Regulatory Commission (FERC) act within 60 days to issue a rule radically changing the way that it regulates energy prices, which would prop up expensive and uncompetitive coal-fired and nuclear power plants.

Following is a statement from Kit Kennedy, director of the Energy & Transportation Program at NRDC:

"Rick Perry is trying to slam through an outrageous bailout of the coal and nuclear industries on the backs of American consumers," said Kit Kennedy, Director of NRDC's Energy & Transportation Program. "This radical proposal would lead to higher energy bills for consumers and businesses, as well as dirtier air and increased health problems. DOE's proposal is unprecedented, and ignores the findings of its own report on electricity markets and grid reliability, which did not demonstrate any need to bail out these large uneconomic power plants."

Background

A blog will be posted shortly about this proposed rule at: https://www.nrdc.org/experts/miles-farmer

A recent blog on NRDC's grid study is here: https://www.nrdc.org/experts/john-moore/does-grid-study-clinging-past 

The Natural Resources Defense Council (NRDC) is an international nonprofit environmental organization with more than 3 million members and online activists. Since 1970, our lawyers, scientists, and other environmental specialists have worked to protect the world's natural resources, public health, and the environment. NRDC has offices in New York City, Washington, D.C., Los Angeles, San Francisco, Chicago, Bozeman, MT, and Beijing. Visit us at www.nrdc.org and follow us on Twitter @NRDC.

Media contact
Pat Remick
premick@nrdc.org

For more information:

Organization:
Natural Resources Defense Council

Address:
40 West 20th Street
New York, New York
United States, 10011
www.nrdc.org


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