The U.S. Department of Energy recently proposed a rule that would subsidize the ailing coal and nuclear industries, arguing that these sources of electricity are needed to ensure grid reliability as renewable fuels gain market share. Critics of the proposed rule say it is an unnecessary bailout of uncompetitive and dirty energy sources, and that renewables pose no threat to grid reliability. What are the major factors driving change in the U.S. grid? What are the challenges facing regulators? If Secretary Perry’s proposal is adopted, what effect will it actually have?
Watch the Harris Energy and Environmental Association and the Energy Policy Institute at the University of Chicago (EPIC), in partnership with The Aspen Institute, for a panel discussion on the recent proposal, the underlying Electricity Markets and Reliability report, and the possible impacts to the future of U.S. energy.
Video available here: https://www.youtube.com/watch?v=3MHh332Gwfw