Bloomberg BNA: Energy Company CEOs Criticize Grid Resiliency Proposal

 

Energy Company CEOs Criticize Grid Resiliency Proposal

October 16, 2017

By Rebecca Kern 

The Energy Department's proposal aimed at propping up coal and nuclear plants in certain wholesale energy markets is “an answer is search of a question,” John Di Stasio, president of the Large Public Power Council, said, joining a broad array of opposition.
“I have concerns about it,” Di Stasio, who oversees an organization that represents 26 of the country's largest public power producers, said at the Oct. 16 Energy Bar Association's Mid-Year Energy Forum in Washington. He was one of a panel of three CEOs at the meeting, all of whom criticized the rule. It already has drawn criticism from renewables, oil and natural gas groups, as well as conservative free-market think tanks, consumer advocacy groups and environmental organizations.

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Date: 
Monday, October 16, 2017