US energy trade associations told Congress on Tuesday that they favor market-based solutions to better compensate generators for grid reliability and resiliency benefits, saying the Trump administration’s recent proposal to provide payments to baseload coal and nuclear resources based on arbitrary requirements is anti-competitive.
Such a move threatens to undermine electricity markets that are bolstering reliability and saving customers billions of dollars each year, Tom Kiernan, chief executive of the American Wind Energy Association (AWEA), told the House Energy and Commerce Committee.
