Richard Glick
<div style="font-size: small; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">===</font></div><div style="font-size: small; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">1219 icn</font></div><div style="font-size: small; background-color: rgb(255, 255, 255);"><a href="https://insideclimatenews.org/news/19122019/ferc-pjm-grid-coal-subsidy-ruling-renewable-energy-nuclear-illinois-pennsylvania-climate-change" style="text-decoration-line: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;"><font size="4" face="Times New Roman" color="#000000">https://insideclimatenews.org/news/19122019/ferc-pjm-grid-coal-subsidy-ruling-renewable-energy-nuclear-illinois-pennsylvania-climate-change</font></a></div><div style="font-size: small; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">
</font></div><div style="font-size: small; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Federal energy regulators issued an order Thursday that likely will tilt the market to favor coal and natural gas power plants in the nation's largest power grid region, stretching from New Jersey to Illinois. </font></div><div class="content" style="font-size: small; box-sizing: inherit; background-color: rgb(255, 255, 255);"><div class="field field-name-body field-type-text-with-summary field-label-hidden" style="box-sizing: inherit;"><div class="field-items" style="box-sizing: inherit;"><div class="field-item even" property="content:encoded" style="box-sizing: inherit;"><p dir="ltr" style="margin: 0px 0px 1.5em; box-sizing: inherit; padding: 0px;"><span id="docs-internal-guid-630d8bab-7fff-ee95-1a34-f34ee311e91c" style="box-sizing: inherit;"><font size="4" face="Times New Roman">Critics say that it effectively creates a new subsidy to prop up uneconomical fossil fuel plants and that it will hurt renewable energy growth and, ultimately, consumers.</font></span></p><div style="box-sizing: inherit;"><font size="4" face="Times New Roman">The <a href="https://elibrary.ferc.gov/idmws/common/opennat.asp?fileID=15428578" style="text-decoration-line: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; box-sizing: inherit; background-color: transparent;">new rules</a>, approved by the Federal Energy Regulatory Commission, are designed to counteract state subsidies that support the growth of renewable energy and use of nuclear power. The rules involve what are known as "capacity markets," where power plants bid to provide electricity to the grid. The change would require higher minimum bids for power plants that receive such subsidies, giving fossil fuel plants an advantage.</font></div><div style="box-sizing: inherit;"><font size="4" face="Times New Roman">
</font></div><div style="box-sizing: inherit;"><font size="4" face="Times New Roman">the FERC order, passed 2-1, is a response to complaints from operators of coal and natural gas power plants who say that state subsidies have led to unfair competition in the grid region managed by PJM Interconnection.</font></div><p style="margin: 0px 0px 1.5em; box-sizing: inherit; padding: 0px;"><font size="4" face="Times New Roman">Richard Glick, the panel's lone Democrat, cast the dissenting vote and said during the commission meeting that his Republican colleagues were trying to "stunt transition to a clean energy future that states are pursuing and consumers are pursuing."</font></p><p style="margin: 0px 0px 1.5em; box-sizing: inherit; padding: 0px;"><font size="4" face="Times New Roman">...</font></p></div></div></div></div>