By Avery Anapol | The Hill
President Trump is reportedly considering a plan to prolong the use of struggling coal and nuclear plants through an emergency use of federal power.
According to a draft memo obtained by Bloomberg News, the Department of Energy, through an act of emergency authority, may order grid operators to buy electricity from coal and nuclear plants that are at risk of retiring due to increased us of cheaper natural gas and renewable electricity.
“Too many of these fuel-secure plants have retired prematurely and many more have recently announced retirement,” the 41-page memo reads.
It is not clear whether Trump will sign the memo or when it may be implemented. The Hill has reached out to the Department of Energy for comment.