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PJM’s Glazer pans Trump’s coal, nuclear bailout plan

first_imgPJM’s Glazer pans Trump’s coal, nuclear bailout plan FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):The federal policy coordinator of the U.S.’s largest regional grid operator asserted that moves by the Trump administration to support struggling coal-fired and nuclear power plants worsens a “headache” over accommodating public policies and state-mandated energy subsidies in competitive markets. “The actions of President [Donald] Trump and Energy Secretary [Rick] Perry … complicates this issue even more,” Craig Glazer, the PJM Interconnection’s vice president of federal government policy, told attendees of the U.S. Energy Information Administration’s 2018 annual conference in Washington, D.C., on June 4.Glazer expressed concern over what he perceived as “plant-by-plant” and “state-by-state” piecemeal re-regulation of electricity markets that puts the power industry in a dangerous position between deregulation and regulation. “You have competitive generation…competing with regulated subsidized generation,” said Glazer. “I’m not sure that is sustainable, to be honest. It leads to skewed investment signals.”Glazer warned industry and policymakers of the dangers of nostalgically pining for “the good old days” of regulation.“We didn’t restructure this market to pick technologies; we restructured this market to drive efficiencies in technologies and that’s what the market is doing,” said Glazer. “If the policymakers decide that they want to back a particular technology, they can do that. We’ve done that in the past. It hasn’t always worked but if we want to go back… to some of those, we can do that.”In addition to today’s competitive markets efficiently driving investments, such as the shift to using more natural gas-fired power plants to provide baseload power instead of just peaking power, Glazer said deregulation has required investors to take on more risk, instilled more market transparency, and led to more regional planning. “The challenge for all of us is to make this restructured industry work, rather than make it a golden memory of yesteryear,” said Glazer.More ($): US grid operator’s subsidy ‘headache’ worsened by Trump bid to save coal, nukeslast_img read more

Pakistan confirms first two cases of coronavirus

first_imgPakistan has detected its first two cases of novel coronavirus, a public health advisor to Prime Minister Imran Khan tweeted Wednesday, days after Islamabad closed its land border with Iran, where 19 people have died from the virus.”I can confirm first two cases of corona virus in Pakistan. Both cases are being taken care of according to clinical standard protocols & both of them are stable. No need to panic, things are under control”, tweeted health advisor Zafar Mirza.A statement issued by the southern Sindh province’s health department stated that the first positive case was reported in Karachi in a 22-year-old male with a “history of travel to Iran where he has acquired the virus.” Topics : The officials didn’t confirm where the second case was reported. However, local media said it was in Islamabad.With porous borders, creaking hospitals and large illiterate populations, Pakistan faces a potentially devastating health crisis from the new coronavirus.The virus has spread to more than 30 countries, killing over 2,700 and infecting 80,000, mostly in China. But new outbreaks in Europe, the Middle East and in Asia have fanned fears of the contagion taking hold in poor nations which lack the healthcare infrastructure to cope.There are growing fears in Pakistan over how the country would deal with the outbreak. Islamabad has a history of failing to contain infectious diseases such as polio, tuberculosis and hepatitis.center_img Meanwhile Pakistan’s neighbor Iran has emerged as a major hotspot, with a total of 139 cases and 19 deaths. And Afghanistan, which also shares a border with Pakistan, reported its first case of coronavirus on Monday.While Pakistan has closed land borders with Iran, it has maintained air travel to and from China — increasingly a source of trade and commerce for the country.”There is a limited concept of prevention unfortunately. I fear it’s not well prepared at all for any health emergency,” Pakistani public health expert Arshad Altaf told AFP.Pakistan this week moved quickly to quarantine at least 270 people near the Iranian border after a group of pilgrims returned and briefly mixed with other residents.Ziaullah Langove, home minister in southwestern Balochistan province, said there were nearly 10,000 Pakistanis still in Iran, mostly students and pilgrims that Iranian officials were planning to send back in small groups.last_img read more