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Power & Pipes

FERC, CFTC, and State Energy Law Developments

On September 29, Secretary of Energy Rick Perry invoked rarely used statutory authority to direct the Federal Energy Regulatory Commission to initiative a rulemaking to enable generation assets in RTOs and ISOs to receive payments for reliability and resiliency benefits that DOE views as uncompensated under current market rules.

If the proposed rules are adopted, they could provide significant economic support to coal and nuclear generation in organized markets.

Read the full LawFlash