News

This Houston Chronicle article looks at the newly released Brattle Group Report, which estimates the costs of the current administration's coal bailout at $34 billion. AEE with funding from a coalition commissioned the report. Link to the full article here. Link to The Brattle Group Report here. Excerpts below:

The Houston Chronicle reported: While governor of Texas, Rick Perry was approached by a group of power executives who warned that unless state regulators took steps to raise electricity rates, power plants across the state would close and regular blackouts could follow.

The Houston Chronicle reviewed facts surrounding the Dept. of Energy's proposed grid resiliency rule that the Federal Energy Regulatory Commission was expected to rule on by Dec. 11 to meet Sec. Perry's fast-track schedule. The story subhead noted, "Critics call Perry's proposal raising coal, nuclear plants' rates a bailout."