Friday, September 29, 2017

USA: New FERC Rule Could Boost Baseload Electricity Generation

DOE proposes cost recovery for baseload generators in new FERC rule (Utility Dive)

The Department of Energy pushed the Federal Energy Regulatory Commission (FERC) on Friday to boost compensation for generators providing baseload power supplies, proposing the most significant overhaul in the nation's competitive power markets in over a decade.

DOE filed a Notice of Proposed Rulemaking (NOPR) under the Federal Power Act to enhance grid resilience, directing FERC to "accurately price generation resources necessary to maintain reliability and resiliency." The rule would provide for "recovery of costs of fuel-secure generation units frequently relied upon to make our grid reliable and resilient."

The filing comes after the completion of a grid reliability study from DOE that urged federal regulators to boost compensation for baseload generators. The NOPR directs FERC to act within 60 days.

Read More.........