POV: Power Breakfast

Power Breakfast for May 11, 2015

ERCOT outlook criticized; Clean Power Plan sent for final review while industry calls for reliability safety valve; Federal bills push EPA to review FERC input

POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • The Electric Reliability Council of Texas’ 10-year supply and demand outlook has some critical of the report because it counts on new gas generation that is not yet under construction and coal-fired power plants that may be forced to retire under tougher emissions rules, Argus Media reports.
  • The EPA sent its Clean Power Plan proposal to the White House Office of Management and Budget Friday for final review. The Washington Examiner says the review could take 60 days, after which the rules would be published and become law, followed by an expected “deluge” of lawsuits from opponents.
  • Republicans in both chambers of Congress have introduced bills that would require all federal agencies to respond to grid reliability and resource adequacy concerns of major rules and require the Federal Energy Regulatory Commission to summarize the reliability concerns of proposed rules. Argus Media writes, “The legislative proposals reflect frequent criticism from some Republicans and industry groups that EPA lacks a formal process to consult with FERC on matters that affect the grid.”
  • Argus Media also reports power industry officials are calling for some type of “safety valve” that could relax carbon emission limits in the Clean Power Plan if there is a threat to grid reliability.
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