FERC’s Rejection of DOE’s Attack on Markets Shows Evidence Matters
EDF statement from Michael Panfil, Director of Federal Energy Policy and Senior Attorney
(WASHINGTON, D.C.) The Federal Energy Regulatory Commission (FERC) today terminated the Department of Energy’s (DOE) proposal to provide new revenue and guaranteed profits to the owners of inefficient and aging coal and nuclear power plants. FERC additionally opened a new proceeding, requiring grid operators to provide information on resilience issues in their regions.
In doing so, FERC made clear that the DOE’s proposal did not satisfy “clear and fundamental legal requirements.” Instead, FERC stated that resilience issues should be identified through an unbiased, evidence-driven proceeding. This conclusion only further underscores the well-established grid practices, operations, and wholesale markets that have kept the lights on throughout the recent east coast cold weather event.
“FERC was right to reject the DOE’s costly and ill-considered proposal that would have undermined markets and an increasingly competitive, clean, and affordable electricity sector. FERC’s decision prioritizes deliberate, careful study over politicization.”
- Michael Panfil, Director Federal Energy Policy and Senior Attorney
With more than 3 million members, Environmental Defense Fund creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships to turn solutions into action. edf.org
Media Contact
Latest press releases
-
EDF Statement on the Fifth Anniversary of the Virginia Clean Economy Act
July 1, 2025 -
Latest Senate Bill Only Harms Clean Energy When More is Needed
June 28, 2025 -
Energy Commission Provides a Balanced Roadmap to Stabilize California Gasoline Markets
June 27, 2025 -
New Debt Financing Structure Published to Scale Oil and Gas Methane Emissions Reductions
June 24, 2025 -
The Biggest Conservation Success Story You’ve Never Heard Of!
June 24, 2025 -
Supreme Court Ruling Does Not Address Merits of California Vehicle Standards, Does Determine that Fuel Industry Has Standing to Challenge Them
June 20, 2025