Let’s be clear: The Energy Department’s proposed rulemaking before the Federal Energy Regulatory Commission to subsidize power plants with on-site fuel is the antithesis of economic conservatism. The anti-competitive DOE proposal is a recipe to stick consumers with billions in added costs without addressing priority electric reliability and resiliency concerns.
The proposal calls for draconian, emergency subsidies to address a crisis that grid reliability experts say doesn’t exist. The alarmist proposal is neither technically nor procedurally sound.
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