The North American Electric Reliability Corporation (NERC), whose mission is to ensure the reliability of the bulk power system for the continent, finds in its 2017 Long - Term Reliability Assessment, that (contrary to NETL raising potential reliability issues from future
coal and nuclear retirements) most regions of the country have sufficient reserve margins through 2022, as new additions more than offset expected retirements.
«This is confirmed by data from electricity market monitors, SEC disclosures by coal and nuclear plant owners, and the simple fact that the vast majority of
coal and nuclear retirements are occurring in regions with the least wind generation.»
As you may recall, in April 2017, DOE Secretary Perry launched a study of U.S. power system reliability expressing concerns over baseload
coal and nuclear retirements.
By August, DOE released the study, which pinned
coal and nuclear retirements on cheap natural gas, debunked reliability concerns, and identified opportunities to improve grid resilience.
FERC should direct RTOs and ISOs to conduct modeling and analysis designed specifically to determine whether their grids are resilient to prolonged winter events, other credible HILF events, accelerated
coal and nuclear retirements, and lack of fuel security.
Also, despite Perry's «sky is falling» declarations regarding coal and nuclear plant retirements, as Perry's own Department of Energy (DOE) acknowledged last summer, the grid has become more reliable in the last 15 years — notwithstanding
coal and nuclear retirements.
Not exact matches
Energy Secretary Rick Perry commissioned the study in April to evaluate whether «regulatory burdens» imposed by past administrations — including that of President Barack Obama — had forced the premature
retirement of baseload power plants that provide nonstop power, like those fired by
coal and nuclear fuel.
Among Freeman's specific recommendations are a «20 percent federal tax credit to electricity
and natural gas utilities that gives highest priority to the efficient use of the energy they supply,»
and ban on new
coal or
nuclear plants
and retirement of the existing plants within the next 30 years, government - funded demonstration plants for Big Solar
and hydrogen, increasing federal fuel economy standards one mile - per - gallon a year over the next 24 years, tax credits for plug - in hybrids or flex - fuel vehicles,
and an excess - profits tax on oil to fund the tax credits.
It's also unsupported,
and in some cases contradicted, by the DOE study ordered by Perry in April that examined the link between
coal and nuclear plant
retirements, market forces
and grid reliability
and resiliency.
DOE's Bruce Walker warned that the grid is still at risk from
nuclear and coal retirements.
Committee Chair Lisa Murkowski (R - AK) asked his personal opinion of the risks posed to resilience by the impending
nuclear and coal retirements on «a scale of 1 to 10.»
A December report from the North American Electric Reliability Corp. (NERC) said U.S. power generation from renewable sources, along with natural gas, would produce enough electricity to offset
retirements of U.S.
coal and nuclear units over the next 10 years.
The
Nuclear Energy Institute (NEI), echoing trade groups that lobby for other fuel sources including coal and gas, has said that a key factor for several premature retirements is the failure of RTO markets to value attributes of nuclear
Nuclear Energy Institute (NEI), echoing trade groups that lobby for other fuel sources including
coal and gas, has said that a key factor for several premature
retirements is the failure of RTO markets to value attributes of
nuclearnuclear power.
The commission rejected the energy secretary's assertion that
retirement of
coal and nuclear plants threatens electric resilience.
The EPA regulations call for increasing the use of state - of - the - art, natural gas - fired power plants in place of
coal plants; increasing renewable energy sources; avoiding
retirement of existing
nuclear plants;
and supporting energy efficiency.
The law should require that a gradual
retirement of
coal and nuclear be completed in thirty years.
In addition to units currently planning to retire in 2018 or later (about 6.9 GW; 67 %
coal, 20 %
nuclear), there are between 108
and 118 units representing 22.9 to 30.7 GW of capacity at risk of
retirement.
Indian utilities may also want to consider a
coal retirement policy previously used to help utilities retire
nuclear assets through private - sector bonds, now being considered by utilities in Western U.S. states like Colorado
and New Mexico to transition from
coal to clean.
«DR could impact
coal and nuclear plant
retirement decisions by keeping down wholesale prices,» Feldman said.
The Federal Energy Regulatory Commission is expected to act by January 10, 2018, on the Department of Energy's notice of proposed rulemaking on «grid resiliency pricing,» which directs the commission to impose rules that would prevent early
retirement of
coal and nuclear - fired power plants in the Eastern United States.
But just how much renewables,
nuclear,
and gas will mix to make up for the coming
coal retirements will depend on a number of variables, including economic factors
and whether the CPP goals are extended to 2040.
Back in April, DOE Secretary Perry issued a memo calling for a reliability study of U.S. power systems, expressing concerns that competitive markets, renewables,
and regulations were forcing
retirement of baseload (i.e.
coal and nuclear) power plants critical to reliability.
Now it faces new challenges:
retirement of
coal, oil,
and nuclear baseload generation; the rise of renewables
and how to fit them into the region - wide generating system while continuing to provide reliable service;
and the potentially game - changing role of energy storage, if it actually becomes economically competitive.
In a Friday memo, Perry asked his chief of staff to undertake a 60 day inquiry into «the extent to which continued regulatory burdens, as well as mandates
and tax
and subsidy policies, are responsible for forcing the premature
retirement of baseload power plants,» such as those fueled by
coal or
nuclear energy, among other grid related questions.