Citing a memo from Energy Secretary Rick Perry that it obtained, Bloomberg reports that Perry is initiating a study of factors impacting the continued viability of baseload power plants, such as coal and nuclear units

According to Bloomberg, Perry's memo asks whether wholesale markets provide sufficient revenues for coal and nuclear units, and if such units are appropriately compensated for certain attributes (e.g. availability).

We can save the DOE a lot of time and effort in studying appropriate market design, especially since Perry has first hand experience with this:

1. Review the ERCOT market design

2. Copy it

See Bloomberg for the story

Tags:
Wholesale   Nuclear  

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