Report: DOE bailout for coal, nuclear plants could cost $34B Along with AEE, the report was funded by a wide range of energy groups and represents a general lack of support for the controversial subsidy proposal, not just among renewables-focused stakeholders, but those with carbon emissions as well. The plan “could raise costs on American … Continue reading Report: DOE bailout for coal, nuclear plants could cost $34B→
Zombie Coal Plants Show Why Trump’s Emergency Plan Is No Cure-All Two old Virginia power plants already operate under federal emergency authority. They don’t meet pollution standards, and one failed and has been offline for weeks. Yorktown, where Lord Cornwallis accepted General Washington’s victory to end the American Revolution, would seem like an appropriate spot … Continue reading Zombie Coal Plants Show Why Trump’s Emergency Plan Is No Cure-All→
How coal’s decline complicates an Appalachian utility’s transition to clean energy As a utility in Appalachian coal country seeks to add more renewable energy, the long-term decline of the industry that once made the region prosperous is a complicating factor. Appalachian Power (APCo), whose territory includes parts of Virginia, West Virginia and Tennessee, has had … Continue reading How coal ’s decline complicates an Appalachian utility’s transition to clean energy→
Market Forces Drive Another Kentucky Coal Power Plant To Retire Coal-fired power plants in Kentucky continue closing even as the Trump Administration works through details on how to bail out the industry. Energy Secretary Rick Perry said Monday he wasn’t ready to provide details of the plan, but even if it was implemented tomorrow, that … Continue reading Market Forces Drive Another #Kentucky Coal Power Plant To #Retire→
Massive FERC Flop For Plan To Save Coal & Nuclear Power Plants The Trump Administration has devised a new plan for saving the nation’s aging fleet of coal and nuclear power plants, but so far it has been going over like a lead balloon. At a Senate hearing yesterday, all five members of the Federal … Continue reading Massive FERC Flop For Plan To Save Coal & Nuclear Power Plants→
Bailing Out the Coal Industry Will Hurt Consumers President Trump’s plan to subsidize money-losing coal and nuclear plants makes no economic sense and runs counter to the free market ideology of the party he leads. But it will make the operators of those plants very happy while consumers across the country foot what could be … Continue reading Bailing Out the Coal Industry Will Hurt Consumers→
Illinois can do without Vistra coal plants, greens claim Dynegy said before it completed the merger with Vistra that nuclear subsidies passed by Illinois lawmakers in 2017 had made some of its Illinois coal plants unprofitable, and said it was considering closing down some capacity. Now with the merger complete, the consolidated company believes it … Continue reading #Illinois can do without Vistra coal plants, greens claim→
Trump Administration May Give Mouth-To-Mouth To Resuscitate Coal Industry The Trump administration may try to resuscitate the coal industry by using laws that, in effect, conclude that national security is at stake because the reliability of the electric grid is at risk. That is a hard case to make both to Congress and to the … Continue reading Trump Administration May Give Mouth-To-Mouth To Resuscitate Coal Industry→
The Coal Plant Of The Future The U.S. Department of Energy (DOE) wants to develop so called “Coal-Based Power Plants of the Future” according to a recent Request for Information. Well, not exactly. To be precise, the DOE is seeking information “that may culminate” in the operation of such a coal fired power generating plant. … Continue reading The Coal Plant Of The Future→
The week in energy: King Coal faces a revolution Britain, the Labour politician Aneurin Bevan said in 1945, is an island “made mainly of coal”. Its coal reserves fuelled the first Industrial Revolution, and the world’s first commercially viable steam engine was used in the British mining industry. So it has a particular symbolic significance that the … Continue reading The week in energy: King Coal faces a revolution→
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