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

On average, the levelized cost for an existing coal-fired power plant is LESS than new natural gas combined cycle (… //t.co/24uVin3Bf5

AmericasPower @AmericasPower

According to @AmericasPower’s recent paper, the average existing coal-fired power plant is less expensive than the… //t.co/acrEMr3qGJ

AmericasPower @AmericasPower

The below graph compares the levelized costs for existing coal, nuclear and gas to levelized costs for new gas, win… //t.co/IaQbsanxv0

AmericasPower @AmericasPower

Did you know existing coal-fired power plants may be less expensive than building new gas, wind or solar? Read… //t.co/RLh0LHJYCE

AmericasPower @AmericasPower

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