ACCCE Supports “Electricity Reliability and Fuel Security Act”

Washington, D.C.— Today, Representative Larry Bucshon (R-IN) introduced the Electricity Reliability and Fuel Security Act to provide a temporary tax credit for coal-fired power plants. ACCCE issued the following statement by Paul Bailey, President and CEO.

“We support the Electricity Reliability and Fuel Security Act because the continued retirement of coal-fired power plants across the country is threatening the reliability and resilience of the nation’s electricity grid.  So far, more than one-third of the nation’s coal fleet has retired or is expected to retire. We are grateful that Congressman Bucshon has introduced legislation that would provide a temporary solution to coal retirements while policymakers evaluate what steps should be taken to ensure the grid is reliable and resilient.”

###

The American Coalition for Clean Coal Electricity is a partnership of industries involved in the production of electricity from coal.  Coal is an affordable, reliable, and fuel secure energy resource that provides almost one-third of our nation’s electricity.

Join America’s Power Army

AmericasPower @AmericasPower

We commend #SubEnvironment for approving HR 3128. We look forward to working with @RepMGriffith & @HouseCommerce to… //t.co/3KyRLecHwQ

AmericasPower @AmericasPower

Consumers would only be paying roughly 1 percent of their already $400 billion electricity budget in order to promo… //t.co/LcWtWGd5cl

AmericasPower @AmericasPower

Department of Defense installations are more than 90% dependent on the electric power grid, which needs a stable su… //t.co/pSEMdiKYPp

AmericasPower @AmericasPower

.@ICF estimates that compensating 84,000 MW of #coal and nuclear generation could cost up to $4 billion, which woul… //t.co/8F2Ch0Mdzi

AmericasPower @AmericasPower

In recent years, power outages and #blackouts incurred costs ranging from $59 billion to $209 billion. Loss of fuel… //t.co/QMDNFiufIa