Factories attack Perry's plan for power grid
http://www.chron.com/business/energy/article/Factories-attack-Perry-s-plan-for-power-grid-12267112.phpOctober 10, 2017
Add the nation's factories and industrial plants to the list of groups fighting Energy Secretary Rick Perry's plan to save the coal and nuclear power industries.
The trade group Industrial Energy Consumers of America wrote to members of Congress Tuesday, asking they tell Perry to withdraw his proposal requesting power market regulations be adjusted to raise prices for coal and nuclear power.
"Though we remain supportive of both coal and nuclear, we are opposed to providing subsidies that would damage competitive markets," the IECA said. "The proposal is anti-competitive and if implemented, it would distort, if not destroy, competitive wholesale electricity markets, increase the price of electricity to all consumers, and directly negatively impact the competitiveness of U.S. manufacturing."
Perry announced his proposal last month as a means to protect the stability of the U.S. power grid, which he said was under threat as coal and nuclear plants close down amidst a glut of cheap natural gas and increased competition from wind and solar energy....