Don Santa, president and CEO of the Interstate Natural Gas Association of America, today expressed deep disappointment in the Department of Energy’s proposed grid resiliency pricing rule:
“We are deeply disappointed that the secretary would propose a FERC rulemaking that, if adopted, would so clearly favor a very limited set of fuels and technologies for generating electricity. This is particularly surprising given that the staff report to the secretary on electricity markets and reliability acknowledged the importance in fuel neutrality in its recommendation that FERC study and consider a way to value reliability attributes in its wholesale electric market rules.
“The secretary's request that FERC complete this important rulemaking within 60 days is completely at odds with the purpose of notice and comment rulemaking under the Administrative Procedure Act. An examination by FERC of whether and, if so, how to reform wholesale power market rules to recognize and compensate the attributes that support the reliability and resilience of the bulk power system deserves the time needed to produce an answer that will best serve American consumers.
“This proposed rule is particularly troubling given the outstanding reliability of natural gas, most recently demonstrated in recent hurricanes.”