A few weeks ago, Secretary of Energy Rick Perry proposed that the Federal Energy Regulatory Commission (FERC) intervene in the nation’s electricity markets to establish new rules that would have electricity consumers subsidize uneconomical coal and nuclear power plants and pay more for power in their electricity bills.
In response, today ACORE submitted comments to FERC emphasizing the important negative impacts of the proposal on renewable energy finance and on corporate sector energy use, two important areas of our work. We also published a new issue brief for our members that includes a set of recommendations which we believe would better promote electric power system reliability, resilience and affordability. To download this latest ACORE issue brief, click here.
ACORE is also a signatory to two other sets of complementing comments developed with others in the renewable energy sector and broader energy industry, including the American Petroleum Institute (API) and several natural gas industry associations.
- Advanced, Renewable and Storage Energy Industry Associations Comments on the DOE NOPR
- Energy Industry Associations Comments on the DOE NOPR
As for the next steps in the FERC process, reply comments are due to FERC by Nov. 7. Given that the Secretary of Energy released the notice of proposed rulemaking and directed FERC to “consider and take final action” on the Notice of Proposed Rulemaking within 60 days of the Oct. 10 publication in the Federal Register, we would expect some kind of final FERC action by Dec. 10.