Washington — Earlier today, the White House announced their intention to nominate Bernard L. McNamee to the Federal Energy Regulatory Commission (FERC). America’s Power (ACCCE) issued the following statement by Michelle Bloodworth, President and CEO:
“We are pleased to support the nomination of Bernard McNamee to fill the vacancy at FERC and are hopeful that he will have a swift confirmation,” said Bloodworth. “FERC has a critical role in assuring that wholesale markets value resilience attributes, especially fuel security. McNamee’s background and experience at the state and federal levels make him well qualified to be the next FERC commissioner,” continued Bloodworth.
According to ACCCE analysis, nearly 120,000 megawatts of coal-fired generating capacity —almost 40 percent of the nation’s coal fleet — has retired or announced plans to retire. The coal fleet provides fuel security by maintaining an on-site stockpile of coal that can last an average of more than 70 days.
America’s Power (ACCCE) 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.