FirstEnergy Urges DOE To Force Coal, Nuke Plant Payments

Law360 (March 29, 2018, 6:02 PM EDT) -- FirstEnergy Corp. on Thursday urged U.S. Secretary of Energy Rick Perry to use emergency authority to force regional grid operator PJM Interconnection to prop up struggling coal and nuclear power plants, which critics call an attempted end-run around the Federal Energy Regulatory Commission’s rejection of a similar plan by Perry.

FirstEnergy’s merchant power unit, FirstEnergy Solutions Corp., petitioned Perry to use Section 202(c) of the Federal Power Act to order PJM, which runs the grid in 13 states and Washington, D.C., to negotiate electricity contracts with coal and nuclear plants within its footprint and compensate struggling plants for their contributions to...

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