US power plant compensation plan is ‘just a first step’ – Perry

United States Energy Secretary Rick Perry has said his plan to compensate power plants that keep 90 days of fuel on site is ‘meant to be a conversation starter’.
By Staff reporter 13 October 2017 0 27965

United States Energy Secretary Rick Perry told a Congressional committee on Thursday that his proposal to the Federal Energy Regulatory Commission (FERC) to compensate power plants that keep 90 days of fuel on site – meaning coal and nuclear rather than gas or renewables – is not the “be-all-end-all and is meant to be a conversation starter”.

The plan “is just a first step” to ensure the reliability of the US electricity grid, he added.

“I want to hear both sides of this [debate] and have a...

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