Nuclear, Renewables Get Power Market Boost in FERC Deadlock (1)

Sept. 30, 2021, 3:46 PMUpdated: Sept. 30, 2021, 5:55 PM

Nuclear power plants and renewable energy generators subsidized by state governments got a boost after U.S. energy regulators granted them wide access to the wholesale power markets.

The move by the Federal Energy Regulatory Commission dealt a blow to natural gas plants and aging coal plant operators who argued state clean energy plans had suppressed prices.

FERC on Wednesday allowed a pricing rule to take effect that governs wholesale power markets in the PJM Interconnection. The country’s largest regional transmission organization coordinates the flow of electricity to roughly 65 million people across 13 Midwestern and Mid-Atlantic states and the District ...

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