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04 June 2018, 07:42 | Justin Tyler
Steam rises from a stack at a coal-burning power station
A draft plan circulating in Washington would require power grid operators to buy electricity from struggling coal plants over the next two years to prevent them from shutting down. There have been meetings this week at the cabinet deputies' level and at the National Security Council.
Perry will need to give his recommendations to Trump on how the USA could keep its "fuel-secure power facilities" open.
"The only risk here is to Trump's campaign promise to bail out very expensive polluting coal and aging nuclear plants, which will cause our electric bills to skyrocket", Moore said.
The Energy Department would also establish a "Strategic Electric Generation Reserve".
Federal action is necessary to stop the further premature retirements of fuel-secure generation capacity.
The DoE memo suggests that U.S. energy grid operators could be compelled to purchase power from a pre-approved list over a two-year period, "to forestall any future actions toward retirement, decommissioning or deactivation", according to Ars Technica.
White House spokeswoman Sarah Sanders said Friday that President Trump believes "keeping America's energy grid and infrastructure strong and secure protects our national security..." More than a dozen are expected to close this year, after a record high of 15 shuttered in 2015. Farrell called the draft plan "a misapplication of emergency powers" and said, "There's certainly no credible justification to force American taxpayers to bailout uneconomic power plants".
Robert Murray presented a proposal to Perry in March 2017, the month Perry took office.
"Murray, for instance, wants the DOE to approve an emergency order, under Section 202 (c) of the Federal Power Act, which allows the federal government to intervene in energy markets in times of electricity reliability emergencies, though it's only ever been used historically in times of war or sudden resource shortage".
In a recent appearance at a Washington Post event, FERC chairman Kevin McIntyre said that using the emergency powers was "perhaps not the most obvious fit".
PJM Interconnection has previously said it faces no immediate threat to reliability from recently announced nuclear retirements.
"Energy Secretary Perry is being forced to issue another unnecessary and unprecedented emergency order to favor coal and nuclear over more economic electricity suppliers, including renewables".
Environmental teams just like the Sierra Membership have been pushing campaigns to part out coal as a part of the USA power grid and so they say that even a "bailout" is not going to maintain coal and nuclear vegetation open as the worldwide market focuses extra on pure fuel and renewable power sources.
Countering global efforts to stem the rise of global warming and increase the use of sustainable energies, Trump and his advisors are dusting off a 20th-century national security act in another attempt to bolster flagging coal and nuclear power generating industries in the US.
Environmental groups decried the support for coal over cleaner energy sources, while energy industry groups warned that it could raise prices. The owner of the Three Mile Island nuclear plant has said its plant has been unprofitable for six years.
Microsoft reportedly agrees to buy coding site GitHub
The acquisition comes after nine months of uncertainty for GitHub, seeing that it hasn't been able to find a new CEO in that time. Over the past few years, GitHub and Microsoft were having conversations to pursue acquisition but nothing materialized.