U.S. grid regulator: interim plan could aid nuke, coal plants for years

16 Nov 2017   Coal, Nuclear, USA

The top U.S. electricity regulator wants to prop up ailing coal and nuclear plants for as long as it takes to determine whether they provide vital services to the grid – a process that could take two years or longer, he said in an interview late on Wednesday. g Neil Chatterjee, the acting head of the Federal Energy Regulatory Commission, said his interim plan to keep the plants open would likely require regional grid operators to evaluate which power plants should be helped, so they could recoup costs through regulated pricing. “When the power goes out for a substantial amount of time it can be truly, truly debilitating, with not just economic consequences but cultural and society and safety consequences,” said Chatterjee, a Republican […]

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