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Energy secretary Rick Perry will testify on his FERC proposal later today. Photo: Keith Srakocic / AP

Energy secretary Rick Perry will testify late this morning before an Energy and Commerce subcommittee, where he's sure to face questions about his push for changes in wholesale power market regulation that would boost revenues for coal and nuclear plants.

Why it matters: With the rationale for the proposal — that helping keep nuclear and coal plants afloat is needed for grid resilience and reliability — coming under intense criticism, Perry is under pressure to mount a strong defense.

What he'll say: Perry's prepared remarks for the hearing are here. He touts the plan to allow greater cost recovery for plants that have 90-days worth of fuel stored on-site.

  • "I asked FERC to change the market rules to make sure that fuel-secure generation is valued for what it is worth to our Nation — not forced into early retirement leaving the grid at risk during the next disaster," the testimony states.

No can do: Yesterday FERC denied requests for a longer comment period on the proposal by a suite of energy industry trade groups representing oil-and-gas and renewables companies.

  • Comments are still due Oct. 23, which a series of parties — including state regulators nationwide — say is far too little time to provide adequate input. Perry has tasked FERC with completing the rule in 60 days, which is very fast in the world of federal regulation.
  • Perspective: "Providing sufficient time to comment would be important if FERC were interested in defending a final rule in court," Ari Peskoe, a Harvard expert in electricity law, tells Axios.

Go deeper

42 mins ago - Politics & Policy

Read: Pete Buttigieg's opening statement ahead of confirmation hearing

Pete Buttigieg, President Biden's nominee to be secretary of transportation, in December. Photo: Kevin Lamarque/AFP via Getty Images

Pete Buttigieg, President Biden's nominee to lead the Transportation Department, will tell senators he plans to prioritize the health and safety of public transportation systems during the pandemic — and look to infrastructure projects to rebuild the economy — according to a copy of his prepared remarks obtained by Axios.

Driving the news: Buttigieg will testify at 10 a.m. ET before the Senate Committee on Commerce, Science and Transportation. He is expected to face a relatively smooth confirmation process, though GOP lawmakers may press him on "green" elements of Biden's transportation proposals.

Off the Rails

Episode 8: The siege

Photo illustration: Aïda Amer/Axios. Photos: Mandel Ngan/AFP via Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. Axios takes you inside the collapse of a president with a special series.

Episode 8: The siege. An inside account of the deadly insurrection at the Capitol on Jan. 6 that ultimately failed to block the certification of the Electoral College. And, finally, Trump's concession.

On Jan. 6, White House deputy national security adviser Matt Pottinger entered the West Wing in the mid-afternoon, shortly after his colleagues' phones had lit up with an emergency curfew alert from D.C. Mayor Muriel Bowser.

Tech companies worry about becoming targets

Illustration: Aïda Amer/Axios

Tech employees are on high alert about their own personal safety as their employers roll out policies to ban or limit the reach of far-right extremists angry over former President Donald Trump's defeat.

Why it matters: As tech companies impose aggressive policies after the Capitol riot, employees will be the target of vitriol from aggrieved people who think tech and the media are conspiring to silence Trump and conservatives more broadly.