Insights
In the Media
Energy Department Urges Pricing Shift That Could Bolster Coal, Nuclear
David Doot was quoted in an article, "Energy Department Urges Pricing Shift That Could Bolster Coal, Nuclear," published in the The Wall Street Journal. The article discusses the recent request by the U.S. Department of Energy that the Federal Energy Regulatory Commission (FERC) devise wholesale electricity market rules that would pay coal-fired and nuclear power plants for contributing to grid reliability. Speaking on the rarity of this type of action from the Energy Department, Doot told The Wall Street Journal that it appears the department hasn't made a similar request since 1979 when, at the height of that decade's oil crisis, it encouraged FERC to help transition the country to natural gas and away from fuel oil.