Cost estimate in the works for grid-security plan, but it’s more important to keep lights on: DOE’s Perry

From: Platts

US Energy Secretary Rick Perry said the administration will produce a cost estimate for a plan to keep struggling coal and nuclear plants afloat, but that the overall price tag is less important than keeping the lights on.


“We don’t have a dollar estimate at this particular point in time,” he said of DOE’s electric grid security proposals, while adding “there is actually a piece of work being done” that DOE hopes to share in the near future. “Here’s what’s more important. It’s not a dollar figure, because you can’t put a dollar figure on the costs to keep America free, to keep the lights on.”

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