06222018Fri
Last updateThu, 21 Jun 2018 5pm

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End-User News

President Orders Federal Assistance for Coal, Nuclear Plants

Several energy industry associations including energy efficiency & storage, natural gas, oil, solar and wind are condemning a White House draft plan to subsidize struggling coal and nuclear plants across the country. The administration is using a Cold-War era law that allows the government to intervene in the interest of national security.

"Unfortunately, impending retirements of fuel-secure power facilities are leading to a rapid depletion of a critical part of our nation's energy mix, and impacting the resilience of our power grid. President Trump has directed Secretary of Energy Rick Perry to prepare immediate steps to stop the loss of these resources, and looks forward to his recommendations," said the White House in a statement. 

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