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U.S. Energy Regulator Lays Out Plan to Keep At-Risk Coal Online

Nov. 9, 2017, 8:34 PM

FirstEnergy Corp.’s efforts to save its ailing coal plants are gaining traction with the top U.S. energy regulator.

Neil Chatterjee, chairman of the Federal Energy Regulatory Commission, said Nov. 9 he’s working on a short-term plan to keep at-risk coal and nuclear generators online. The plan would give his commission more time to evaluate Energy Secretary Rick Perry’s sweeping proposal to compensate certain plants that store fuel on-site.

“What I don’t want to have is plants shut down while we’re doing this longer-term analysis, so we need an interim step to keep them afloat,” Chatterjee said ...

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