Quantcast

FERC Rejection of Coal and Nuclear Bailout Is Big Win for Renewable Energy

Energy

By Alex Formuzis

Federal regulators' rejection Monday of the White House's scheme to prop up the coal and nuclear power industries is a big win for electricity customers and renewable energy, said Environmental Working Group (EWG) President Ken Cook. The Federal Energy Regulatory Commission (FERC) denied a petition by Energy Sec. Rick Perry to require the use of electricity from coal and nuclear plants, even when cheaper sources are available—a move analysts said would drive up Americans' utility bills by billions of dollars a year.


The proposal was derided by an unprecedented coalition of energy industry associations, from the American Council on Renewable Energy to the American Petroleum Institute, as a blatant political payback for the coal industry's support of President Trump's campaign.

"This ridiculous attempt to bail out his friends in the coal industry is more evidence of President Trump's unfailing instinct for picking losers over winners when it comes to good public policy," said Cook. "The train to the clean energy revolution left the station years ago, and [Monday's] decision by FERC confirms that President Trump and the dying coal and nuclear sectors weren't aboard."

In November, EWG reported that federal data showed without Perry's plan to make utility customers buy more expensive electricity from aging, dirty and dangerous coal and nuclear plants, utilities plan to close 75 coal and nuclear units in the next three years.

That month EWG and American Oversight also petitioned the Department of Energy to release all communications between its senior officials and energy industry leaders over the proposed bailout. The Department of Energy has yet to comply with the Freedom of Information Act request.

Data from FERC and the Energy Information Administration show that since 2009, solar power capacity has grown by a factor of 89 and wind power capacity has increased sixfold. But coal and nuclear capacity have declined or stagnated, as the rapidly declining cost of solar and wind power—among other factors, including the glut of natural gas and increased energy efficiency—are driving coal and nuclear plants out of the competitive wholesale market for electricity.

"Perry's rationale for his scheme was not supported by the evidence, nor by advances in technology," said Grant Smith, EWG's senior energy policy advisor.

"Perry argued that coal and nuclear plants are 'resilient' because fuel is stored on site. But most power outages are because of storm damage to transmission and distribution lines. Power generated near the customer, such as through rooftop and community solar, reduces their vulnerability. The era of large, remote, power plants is rapidly ending. We should be moving forward, not backward on behalf of these cumbersome, vulnerable, expensive technologies."

EcoWatch Daily Newsletter

Psychedelic mushrooms are currently classified as a Schedule I drug by the FDA, and possession is a felony nationwide. juriskraulis / iStock / Getty Images

A single experience with "magic mushrooms" has long-lasting effects on cancer patients, according to a new study that found patients still felt positive benefits five years later, as CNN reported.

Read More
Democratic presidential candidate, former Vice President Joe Biden speaks during a campaign town hall meeting at Vista Grande Jan. 28 in Clinton, Iowa. The Iowa caucuses are February 3. Chip Somodevilla / Getty Images

Joe Biden put his hand on the chest of an Iowa voter and told the man to vote for someone else when the voter asked the former vice president about his plans to replace gas pipelines, The Independent reported.

Read More
Sponsored
Greening the barren mountain has helped recharge groundwater levels in the villages. Photo by Gurvinder Singh. Mongabay India

By Gurvinder Singh

Jamini Mohan Mahanty is out for a morning walk every day. At 91, he is hale and hearty. A resident of Jharbagda village in Purulia district, West Bengal, Mahanty thanks the "green mountain" in his village for having added some extra years to his life.

Read More
A wild Woodland Bison walks in the Arctic wilderness. RyersonClark / iStock / Getty Images Plus

By Paul Brown

Releasing herds of large animals onto the tundra − rewilding the Arctic − to create vast grasslands could slow down global heating by storing carbon and preserving the permafrost, UK scientists say.

Read More
Visitors to the Hollywood & Highland mall in Hollywood wear face masks on Jan. 27 . Five people in the U.S. have tested positive for the deadly strain of Coronavirus, one each in Washington, Illinois and Arizona, and two in Southern California, according to the U.S. Centers for Disease Control and Prevention. ROBYN BECK / AFP / Getty Images

As a new coronavirus continues to spread across the globe, concerns have emerged that Trump administration cuts to science and health agencies have hampered the U.S. ability to respond.

Read More