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The FERC commissioner dismissed the notion that natural gas generators "didn't perform" during the Polar Vortex in a Monday speech, rejecting a main assumption behind the Department of Energy's cost recovery rule for coal and nuclear plants.
Unless FERC rejects the cost recovery proposal outright, LaFleur said regulators will likely need to extend consideration beyond the 60 days requested by DOE.
A bipartisan group of former FERC chairs filed comments on the DOE cost recovery proposal Thursday, warning that "investor confidence would evaporate and markets would tend to collapse" if it is finalized.
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