Environment & Energy Report

Biggest U.S. Power Market Says Plant Retirements Not a Problem

Nov. 1, 2018, 3:06 PM

The biggest U.S. power market said the electric grid faces “no imminent threat” from announced power-plant retirements, even during extended periods of severe weather and fuel supply disruptions.

The findings by PJM Interconnection LLC, which manages a grid serving 13 states and 65 million people, run counter to claims by the Trump administration that coal and nuclear retirements hurt reliability. Energy Secretary Rick Perry last year argued that premature closures of so-called baseload plants were a threat to the power grid, and called for power market changes to keep those generators online. The chairman of the Federal Energy Regulatory Commission...

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