A paper on the nation’s coal fleet’s role in America’s electric grid is highlighted in this press release sent to Zennie62Media and due to our coverage of the OBOT or “Oakland Bulk and Oversized Terminal” Project.
Washington — America’s Power released its latest white paper, “The Value of Coal and the Nation’s Coal Fleet.” The white paper highlights the important role the nation’s coal fleet plays in six key areas of the electric grid: helping to assure the grid is both reliable and resilient; providing fuel security; serving as an insurance policy at critical times; producing affordable electricity; contributing to fuel diversity; and supporting national security.
Michelle Bloodworth, President and CEO of America’s Power noted that, “This white paper will serve as an important resource for policymakers and other industry leaders as they continue to advocate for the coal fleet.” “Coal has been the backbone of our nation’s electric grid for a long time, and is projected to continue to play a significant role over the next several decades,” Bloodworth continued. “Nearly 40 percent of our nation’s coal fleet has retired or announced plans to retire which mean that our nation’s electricity supply is becoming increasingly dependent on sources that provide little fuel security or are intermittent. The premature retirements have led policymakers such as grid operators; regional transmission organizations; the U.S. Federal Energy Regulatory Commission; the U.S. Department of Energy; the North American Electric Reliability Corporation; and others to express serious concerns that coal retirements are becoming a risk to the resilience of the electricity grid.”
As noted in the white paper, steps must be taken to prevent the premature retirement of more coal-fueled electric generating capacity. Policymakers are also encouraged to establish policies that provide a bridge to the next generation of high efficiency, low emissions (HELE) coal-fueled generating units.
Michelle Bloodworth continued, “Having a coal fleet is essential to ensuring that our nation’s electricity grid is reliable and resilient. Unfortunately, once a coal plant closes, it does not reopen. Hopefully as a result of this white paper, policymakers will be better armed as they work to enact policies that support the coal fleet for generations to come.”
On Friday, March 29 America’s Power in conjunction with the National Mining Association (NMA) and RealClear Politics, will also host a discussion on access, affordability, and fuel diversity when powering the nation’s electric grid. Event speakers include U.S. Secretary of Energy Rick Perry and West Virginia Congressman David McKinley.
For more information on America’s Power’s latest paper and upcoming event, please contact [email protected]mericasPower.org.