It is widely criticized as a bailout to
struggling coal and nuclear.
Under that proposal, customers would have directly assumed all of the financial risk of financially
struggling coal and nuclear plants owned by FirstEnergy Corp.'s unrelated competition generation business.
Primarily aimed at
struggling coal and nuclear plants, support for the rule could see a boost if the nation's power grid is tested.
Commissioner Neil Chatterjee, who has pushed for immediate aid to
struggling coal and nuclear plants, signed off on the order and said in an opinion that he expected the decision to be «only the first step in a more systematic effort by the Commission» to address resilience.
Not exact matches
Nuclear and coal - burning power plants across the state are
struggling to compete with cheap natural gas
and some have announced closures in recent months.
If you've been paying attention to the power markets in recent years, you know that merchant
coal and nuclear power plants are
struggling to compete against natural gas - fired generation
and renewable
The plan proposed a $ 3.7 billion handout for
coal and nuclear generators — both of which have been
struggling financially against competition from renewable energy.
Baseload power (i.e.
coal and nuclear) interests that are being edged out by more competitive natural gas power generators are increasingly relying on the powerful emotion of fear to draw policymaker support for their
struggling assets.
For example, in the US,
nuclear power
struggles to compete with the insanely cheap
coal power,
and uranium mining can't compete with cheaper foreign sources.