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Energy Secretary Rick Perry at a news conference. Photo: Jacquelyn Martin / AP

Yesterday marked the deadline for submission of comments to the Federal Energy Regulatory Commission on Energy secretary Rick Perry's proposal for new wholesale power market rules that would boost revenues for coal and nuclear plants based on their "resilience and reliability" benefits.

Why it matters: The flood of hundreds of comments from major energy companies and their lobbying groups, union locals, regional regulators, and lawmakers — to name some of the parties — signals how the recent proposal immediately became the biggest, most consequential energy policy scuffle in town.

Some comments:

  • Exxon is very opposed: The energy giant tells FERC that the plan would raise consumer costs, discriminate against natural gas and "unravel" the competitive markets that FERC has promoted for decades.
  • PJM Interconnection doesn't like it either: The regional transmission organization that oversees states that would be affected by the plan — such as Ohio and Pennsylvania — yesterday filed detailed comments in opposition.
  • FirstEnergy really likes it: The big Ohio-based utility that has lots of coal-fired generation filed extensive comments in support of the plan.

Quick take: In a very brief note Tuesday morning, the consulting firm ClearView Energy Partners offered some initial thoughts on the state of play...

  • "Our quick review of the voluminous comments posted at FERC through yesterday evening reinforces our view that FERC is unlikely to dismisses Secretary Rick Perry's concerns as entirely unfounded; we therefore do not expect FERC to simply reject the proposal," they note.
  • Yes, but: They do not expect FERC, an independent agency, to adopt Perry's proposal without "significant changes."

Go deeper: For a guided tour, read Utility Dive senior reporter Gavin Bade's Twitter feed from yesterday. For a self-guided tour, sift through the comments on the FERC docket, by starting here and typing RM18-1 into the field marked "Docket Number."

Go deeper

Ben Geman, author of Generate
44 mins ago - Politics & Policy

Biden to sign major climate orders, setting up clash with oil industry

Illustration: Aïda Amer/Axios

President Biden will sign new executive actions today that provide the clearest signs yet of his climate plans — elevating the issue to a national security priority and kicking off an intense battle with the oil industry,

Driving the news: One move will freeze issuance of new oil-and-gas leases on public lands and waters "to the extent possible," per a White House summary.

The rebellion against Silicon Valley (the place)

Photo illustration: Sarah Grillo/Axios. Smith Collection/Gado via Getty Images

Silicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it.

Why it matters: The Bay Area is facing for the first time the prospect of losing its crown as the top destination for tech workers and startups — which could have an economic impact on the region and force it to reckon with its local issues.

Erica Pandey, author of @Work
4 hours ago - Economy & Business

Telework's tax mess

Illustration: Annelise Capossela/Axios

As teleworkers flit from city to city, they're creating a huge tax mess.

Why it matters: Our tax laws aren't built for telecommuting, and this new way of working could have dire implications for city and state budgets.