Administration favors change in electricity pricing
The US Department of Energy (DOE) is looking into changing how electricity is priced in order to favor coal and nuclear power more.
Energy Secretary Rick Perry gave the Federal Energy Regulatory Commission 60 days to adopt new rules that would increase payments to power plants considered more resilient, according to The Associated Press. The amount of electricity generated by coal in the US fell to about one-third in the past decade, the article said.
Does electricity pricing need to change, or do power producers need to change?
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