“Today’s disappointing lack of action from the Federal Energy Regulatory Commission (FERC) follows a week in which the value of coal to Americans could not have been more clearly illustrated.”
“With a surge in demand, coal was the leading electricity supplier in many of the markets subjected to the deep freeze, providing a critical measure of reliability and resiliency to the nation’s grid operators. That coal-powered electricity came from many plants that will no longer be available if retirements continue at the pace expected.”
“While FERC has agreed to conduct further examinations of the grid vulnerability to such events, vital coal and nuclear powerplant retirements continue. It is now incumbent upon grid overseers to adopt significant measures to safeguard the American people and economy from serious disruptions in future power supply.”
See the release here.