On January 8, the Federal Energy Regulatory Commission (FERC) rejected a rule proposed by the Department of Energy (DOE) on grid reliability and resilience pricing. The rule would have ensured that each eligible reliability and resiliency resource could recover its fully allocated costs.
According to DOE Secretary Rick Perry, FERC-approved wholesale markets are not necessarily pricing resiliency attributes of traditional baseload generation adequately. The rule would have paid for baseload generators to maintain a 90-day stockpile of fuel.
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