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TRUMP WANTS TO SAVE BIG COAL WITH $11 BILLION ANNUAL #BAILOUT

TRUMP WANTS TO SAVE BIG COAL WITH $11 BILLION ANNUAL BAILOUT The Trump administration wants to force electricity customers to pay for a $10.6 billion annual bailout of the failing coal and nuclear industries through surcharges on their monthly energy bills. The quietly announced proposal would require ratepayers to fully underwrite a new mandate that … Continue reading TRUMP WANTS TO SAVE BIG COAL WITH $11 BILLION ANNUAL #BAILOUT

US Energy Industry Associations Urge FERC To Reject DOE Proposal To Subsidize Coal & Nuclear

US Energy Industry Associations Urge FERC To Reject DOE Proposal To Subsidize Coal & Nuclear A diverse group of a dozen US energy industry associations which represent oil, natural gas, wind, solar, efficiency, and other technologies, have come together to urge the Federal Energy Regulatory Commission to reject the Department of Energy’s proposal to subsidize … Continue reading US Energy Industry Associations Urge FERC To Reject DOE Proposal To Subsidize Coal & Nuclear

DOE ’s Coal, Nuclear Cost Recovery Plan Receives Onslaught of Opposition

DOE’s Coal, Nuclear Cost Recovery Plan Receives Onslaught of Opposition The comment deadline brought a last-ditch offensive from grid operators, regulators, industry groups and analysts—all urging FERC to reject Rick Perry’s proposal. Just how much would your electricity bill go up if the Department of Energy’s plan to give coal and nuclear power plants cost … Continue reading DOE ’s Coal, Nuclear Cost Recovery Plan Receives Onslaught of Opposition

You Heard Right—The Trump Administration is Bailing Out Coal Plants

You Heard Right—The Trump Administration is Bailing Out Coal Plants No one likes paying more on their electric bills. Unfortunately, that’s exactly what might happen if the US Department of Energy gets its way with a recent request that bails out uneconomic coal plants. UCS opposes both this and something similar under review by the … Continue reading You Heard Right—The Trump Administration is Bailing Out Coal Plants

How Vistra’s coal retirements could impact the Texas power market

How Vistra’s coal retirements could impact the Texas power market Coal retirements are predicted to tighten reserve margins in ERCOT, but only time will tell if they will bring the higher prices fossil generators are looking for. The Texas power market is in turmoil Announced coal plant retirements are prompting calls for market reforms and … Continue reading How Vistra’s coal retirements could impact the Texas power market

DOE Coal rule might help client of ex‑lobbyist who crafted it

DOE Coal rule might help client of ex‑lobbyist who crafted it The official who’s leading the charge for the Trump administration’s effort to subsidize coal plants is a longtime lobbyist who represented a troubled Ohio utility that stands to directly benefit from the proposed change. Sean Cunningham lobbied on behalf of FirstEnergy Corp. for nearly … Continue reading DOE Coal rule might help client of ex‑lobbyist who crafted it

#Texas grid operator allows #Monticello coal plant retirement

Texas grid operator allows Monticello coal plant retirement Texas generation mix is changing, a fact evidenced by the grid operator preparing to strike about 4,000 MW of generation from its books but still expects to meet peak demand without a problem. “Given these capacity reductions, ERCOT still expects to have sufficient systemwide operating reserves for … Continue reading #Texas grid operator allows #Monticello coal plant retirement

Coal rule might help client of ex‑lobbyist who crafted it

Coal rule might help client of ex‑lobbyist who crafted it The official who’s leading the charge for the Trump administration’s effort to subsidize coal plants is a longtime lobbyist who represented a troubled Ohio utility that stands to directly benefit from the proposed change. Sean Cunningham lobbied on behalf of FirstEnergy Corp. for nearly a … Continue reading Coal rule might help client of ex‑lobbyist who crafted it

PJM calls Trump plan for coal, nuclear unworkable, perhaps illegal

PJM calls Trump plan for coal, nuclear unworkable, perhaps illegal HARRISBURG, Pa. (AP) — The nation’s biggest electric grid operator said a Trump administration plan to change the way electricity is priced to reward coal and nuclear power is both unworkable and potentially against the law. PJM Interconnection, which operates the grid covering 65 million … Continue reading PJM calls Trump plan for coal, nuclear unworkable, perhaps illegal