Wednesday, October 25, 2017

Senate, House Adopt FERC Coal/Nuclear Electric Pricing Resolutions

The Senate Wednesday voted 42 to 8 to adopt Senate Resolution 227 (Aument-R-Lancaster) and the House voted 176 to 9  to adopt House Resolution 576 (Pyle-R-Armstrong) urging the Federal Energy Regulatory Commission to quickly implement policies to ensure baseload electricity generation (like coal and nuclear) are compensated for all the positive attributes they provide to the electric system
The Senate resolution was introduced by Sen. Ryan Aument (R-Lancaster) and Sen. Donald White (R-Indiana) the chairs of the Nuclear Energy and Coal Caucuses.  
The House resolution was introduced by Rep. Becky Corbin (R-Chester) and Rep. Jeffrey Pyle (R-Armstrong) the chairs of the Nuclear Energy and Coal Caucuses.
Exelon Thursday issued this statement in response to the Senate and House actions-- “We commend members of the Pennsylvania General Assembly for recognizing the need for wholesale market reforms that fairly value baseload power generators that provide reliable, 24/7 electricity such as nuclear power plants, which produce 40 percent of Pennsylvania’s electricity and have 18‐24 months of fuel on site at all times, making them resilient to inclement weather or other supply disruptions and a zero‐carbon power source for customers.”
A sponsor summary is available.
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