FERC Chair Pledges To Uphold Markets Amid Trump Bailouts
By Keith Goldberg (June 19, 2018, 6:34 PM EDT) -- Preserving the viability of regional wholesale electricity markets will be a Federal Energy Regulatory Commission priority in the face of a Trump administration plan to prop up struggling coal and nuclear power plants, FERC Chairman Kevin McIntyre told Law360 in an exclusive interview.
"I think it would have to be," McIntyre said.
FERC Chairman Kevin McIntyre (FERC) President Donald Trump recently ordered Secretary of Energy Rick Perry to "take immediate steps" to prevent closures of coal and nuclear plants. The move followed news reports that revealed Department of Energy plans to use its emergency and national security authority to force regional grid operators...
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