U.S. Energy Regulator Rejects Plan To Aid Coal

The U.S. power grid regulator on Monday rejected a directive by Energy Secretary Rick Perry, to prop up aging coal and nuclear power plants. However, it said it had embarked on a new plan to determine whether the power grid is reliable. The move was a blow to Perry, who wanted the Federal Energy Regulatory Commission to act quickly to support the coal and nuclear power plants. In a filing, FERC asked grid operators to submit concerns about the resiliency of the power system.