Now if Perry will cut the renewable subsidies, the market will be reflected much better.
Looks like he is proposing more subsidies:
Rick Perry just proposed sweeping new steps to help struggling coal and nuclear plants
https://www.washingtonpost.com/news/energy-environment/wp/2017/09/29/rick-perry-proposes-sweeping-new-moves-to-support-coal-and-nuclear-plants/?utm_term=.e0a64ad2736dSeptember 29, 2017
...Perry announced the Energy Department would provide $3.7 billion in loan guarantees to three Georgia utilities struggling to complete a pair of nuclear reactors at the Alvin W. Vogtle generating plant. These loan guarantees come on top of $8.3 billion in loans the department has already given to the project, but they still might fall short of what will be required to complete the costly reactors.
The nuclear project has been running far over-budget and behind schedule, and the utilities have been scrambling to come up with financing after the main engineering company, Westinghouse, declared bankruptcy earlier this year....
...Perry also moved Friday to help nuclear and coal plants competing in regional electricity markets. Citing his department’s recent, contested study about the workings of the electric grid, Perry asked the independent Federal Energy Regulatory Commission, or FERC, to adopt new regulations that would ensure coal and nuclear plants that add to the grid’s reliability can “[recover] fully allocated costs and thereby continue to provide the energy security on which our nation relies.
”Perry’s letter to FERC, and the proposed regulation, argue these so-called “baseload” plants provide critical stability and reliability to the electric grid and should be compensated accordingly. They cite not only the department’s recent grid study, but also the recent hurricane disasters afflicting the United States and power outages during the 2014 Polar Vortex event....