How Catastrophic is Perry’s NOPR for Renewables?
Last 7 days, the U.S. Secretary of Strength Rick Perry unveiled a recognize of proposed rulemaking (NOPR) that directed the Federal Power Regulatory Fee (FERC) to occur up with a new way to spend coal and nuclear power plants much more than other power turbines (renewables and all-natural gasoline) for the vitality they produce. The added earnings would be in recognition of the coal and nuclear power plants’ capability to be “resilient” power resources, which the NOPR defines as getting a ninety-working day stockpile of gas onsite.
Immediately a number of issues had been discovered with the NOPR. First, the memo requests an accelerated timeline to employ the new rule and a bevy of not likely strength industry allies (such as wind, solar, organic gasoline and petroleum stakeholders) filed a motion requesting an extension of the comment time period amid other objects. Second, the NOPR is purportedly searching for grid resiliency but fails to handle the grid itself, alternatively focusing on the technology aspect of the electricity business.