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Power market battle gets very real, very fast

At least two congressional hearings today are likely to become public battlegrounds over the Energy Department's latest proposal. Photo: AP File

Powerful energy interests are fast taking sides and making opening moves around the Energy Department's instantly controversial new proposal to ensure power markets reward coal and nuclear plants for their "reliability and resilience" attributes.

The latest: Eleven energy trade groups that don't exactly see eye-to-eye on some topics — ranging from the American Petroleum Institute to wind and solar trade groups — made a joint filing with the Federal Energy Regulatory Commission yesterday opposing DOE's push for a very fast 60-day rulemaking.