Natural gas power plant developers urge FERC to reject special rates for coal, nuclear facilities

The Cleveland Plain Dealer reports developers of 29 independently owned natural gas-fired power plants in Ohio, West Virginia and Pennsylvania are warning federal regulators that the future of competitive electric markets would be destroyed by special pricing for older coal and nuclear power facilities. In a letter to the Federal Energy Regulatory Commission (FERC), the developers urge the commission to reject the U.S. Department of Energy's recommendation to provide full rate recovery to legacy coal and nuclear power generation units. Additionally, Energy in Depth Ohio has compiled a list of natural gas power plant projects in various stages of development in the three states, noting they represent $21 billion in private-sector investment and have the potential to create 21,000 jobs.

National, Ohio, Pennsylvania, West Virginia