FERC expected to meet Rick Perry halfway on coal subsidies

By Josh Siegel

Published January 8, 2018 7:32pm ET

FERC expected to meet Rick Perry halfway on coal subsidies — Energy Secretary Rick Perry worries that as retiring coal and nuclear plants, which operate around-the-clock, are replaced by natural gas and intermittent wind and solar, the grid may struggle to provide power quickly during an extreme weather event or other emergency. (AP Photo/Jacquelyn Martin) | Jacquelyn Martin

Update | Jan 8, 2018, 4:48 PM: FERC kills Rick Perry’s grid proposal to subsidize coal, nuclear plants

Energy experts expect federal regulators this week to reject Energy Secretary Rick Perry’s proposal to subsidize struggling coal and nuclear power plants, but then meet him halfway in beginning to change how electricity generators are compensated.

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