Gavin Bade, Utility Dive
Summary
The new chairman of the Federal Energy Regulatory Commission on Thursday requested a 30-day extension from the Department of Energy to act on DOE's controversial proposal to provide cost recovery to coal and nuclear plants.
Chairman Kevin McIntyre, sworn in earlier in the day, noted in his letter to DOE that the commission had added two members in the past two weeks and received more than 1,500 comments on the proposal. The extension will be "critical," he wrote, "to consider the voluminous record and engage fully in deliberations."
Former Chairman Neil Chatterjee had previously indicated FERC was likely to take some action by next Monday, the deadline of a 60-day timetable requested by DOE. If approved, the extension would give more time for the new commissioners to consider the DOE proposal and potential alternatives, including an interim plan from Commissioner Chatterjee and a rumored proposal from Commissioners LaFleur and Powelson.
Full Article
Continue Reading
#MRCNews#News
#News