Search press releases

Advanced search options

Direct Energy Comments on FERC Order

Yesterday, in a unanimous decision, the Federal Energy Regulatory Commission (FERC) issued its order in connection with RM18-1. That rulemaking was initiated at the request of the Department Of Energy (DOE), and sought comments on whether compensation to nuclear and coal units was necessary in order to solve what the DOE claimed was a resiliency problem. FERC affirmed that competitive wholesale markets are the best way to achieve reliability and initiated a process whereby the regional transmission organizations (RTOs) would work to identify what might be resiliency problems and how they could be solved.

A spokesperson from Direct Energy, said:

 “We are very pleased with the FERC decision. FERC recognized that the DOE raised legitimate concerns about resiliency and proscribed a thoughtful process to consider the matter. We are pleased that FERC continues to maintain strong confidence in the effectiveness of wholesale markets in achieving reliability and helping us transition to a world of increasing customer choice and options for meeting customer needs.”  

 

Direct Energy is one of North America's largest energy and energy-related services providers with nearly five million residential and commercial customers. Direct Energy provides customers with choice and support in managing their energy costs through a portfolio of innovative products and services. A subsidiary of Centrica plc (LSE: CNA), one of the world's leading integrated energy companies, Direct Energy operates in 50 U.S. states plus the District of Columbia and 10 provinces in Canada.


Share release