Trump Directs DOE To Prepare "Immediate" Stop To Loss Of "Fuel Secure" Power Pants
June 04,2018
The White House issued a statement Friday confirming that, "President Trump has directed Secretary of Energy Rick Perry to prepare immediate steps to stop the loss of these [fuel-secure] resources, and looks forward to receiving his recommendations.
The statement said that, "impending retirements of fuel-secure power facilities are leading to a rapid depletion of a critical part of our Nation’s energy mix, and impacting the resilience of our power grid."
The statement followed a report from Bloomberg which detailed a draft memo from DOE that outlined a potential directive to require grid operators to purchase energy and capacity from coal and nuclear plants