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End-User News

FERC Rejects Plan to Subsidize Coal, Nuclear Plants

“Federal regulators on Monday rejected a rule proposed by Energy Secretary Rick Perry that would have subsidized coal and nuclear power plants in some parts of the United States,” CNBC  reports.

The Federal Energy Regulatory Commission (FERC) will keep “the issue alive by ordering the organizations that operate regional grids and power markets to submit reports to the commission on grid resilience issues in their areas.” 

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