Wellinghoff: Market Will Decide Future of Coal, Nukes

摘要

FERC Chairman Jon Wellinghoff attempted to smooth the waters surrounding his recent prediction of an upgraded electric grid, bolstered by fully integrated renewables but with few, if any, new coal or nuclear generators, in Washing-ton, DC, last week. Wellinghoff said he had been speaking about a scenario in which variable resources could be used "to really meet peak loads in a very reliable way." Under such circumstances, there may be no need for new nuclear or coal generators, but "the bottom line is that markets will decide."