Trump pushes coal-plant breaks
DOE directed to create support for struggling power facilities
WASHINGTON — President Donald Trump on Friday directed Energy Secretary Rick Perry to take “immediate steps” to bolster struggling coal-fired and nuclear power plants to keep them open, calling it a matter of national and economic security.
Trump, who has frequently promised to bring back coal jobs, believes that keeping America’s energy grid secure “protects our national security, public safety and economy from intentional attacks and natural disasters,” White House press secretary Sarah Huckabee Sanders said in a statement.
A diverse group of energy industry groups — including oil, natural gas, solar and wind power — condemned the proposal, saying it would raise energy prices and distort markets.
The Trump administration is considering a plan to direct regional transmission operators to buy power from coal and nuclear plants for two years to ensure grid reliability, “promote the national defense and maximize domestic energy supplies.”
The Energy Department action, if ordered, would represent an unprecedented intervention into U.S. energy markets.
A draft memo urges federal action to “stop the further premature retirements of fuel-secure generation” from coal and nuclear plants that have struggled to compete with natural gas and renewable energy sources such as wind and solar power. The Associated Press obtained a copy of the memo.
The plan would exempt power plants from obeying a host of environmental laws and spend billions to keep coal-fired plants open.
“Unprecedented government intervention in the energy markets to support high-cost generation will hurt customers by taking more money out of their pockets rather than letting people keep more of what they earn,” said Todd Snitchler of the American Petroleum Institute, the top lobbying group for the oil and gas industry.
Robert Murray, chairman and CEO of Murray Energy Corp., the nation’s largest privately owned coal company, hailed the White House announcement. Murray has been seeking emergency action to boost his industry since last year and has met with Trump to argue that federal help was needed to avert thousands of layoffs and maintain the reliability of the electric grid up and down the East Coast.