Federal Regulators Deal Huge Blow To The Coal Industry

View on Oil Price website

Date

Jan. 10, 2018

News Type

Media Highlight

Source

Oil Price

"While it may seem arcane, the decision from FERC is a huge blow to the coal and nuclear industries, which hoped to receive an economic lifeline from the move by compensating economically distressed power plants. A November 2017 Resources for the Future study found that the DOE proposal would keep 25 GW of coal capacity from shutting down, and delay the retirement of 20 GW of nuclear capacity."

Topics

Electric Power

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