December 12, 2017
The U.S. Secretary of Energy grants the Federal Energy Regulatory Commission a 30 day extension to rule on a stimulus package to prevent coal and nuclear power plants from closing.
Rick Perry says ramped up funding for the energy industry is necessary to deal with serious threats to the nation’s power grid.
The Federal Energy Regulatory Commission is currently reviewing the proposal, but insists more time is needed before a final decision can be made.
The rule change has faced delays by regulators after it was first introduced by Perry back in September.
It remains unclear whether federal regulators will to block the proposed measure.