Trump energy plan would prop up failing coal and nuclear plants

Trump orders action to stem shutdowns of coal and nuclear power plants

"As the world's largest producer and refiner of oil and natural gas, which today is the number one source of United States electricity, our nation is on track to achieve the President's vision for energy dominance", Snitchler says.

The statement from the White House didn't detail how the government would work to keep plants open.

"President Trump has directed Secretary of Energy Rick Perry to prepare immediate steps to stop the loss of these resources and looks forward to his recommendations", Sanders added.

According to a report from Bloomberg, at a meeting today of the White House National Security Council, a 41-page draft memo was circulated that outlines the need for the US grid to be "resilient and secure".

The Trump administration's claims of energy security for keeping coal and nuclear plants online is not supported by the facts, as multiple power networks, including PJM, one of the biggest USA independent systems, point to a recent extremely cold "bomb cyclone" weather event in the USA northeast that showed the regional grid operating efficiently despite coal power plant closures, cited by Ars Technica.

"The security of our homeland is inextricably tied to the security of our energy supply", he said. The ability to produce reliable electricity and to recover from disruptions to our grid are critical to ensuring our nation's security against the various threats facing our nation today - whether those threats be extreme weather events or adversarial foreign actors.

"This finality is why it is critically important to preserve the fuel security offered by nuclear plants under threat of premature closure", Korsnick said.

The move would be unprecedented because the plants in question are at risk of closing down due to increased competition from abundant natural gas and renewable energy sources.

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"We're encouraged by the news that President Trump is considering invoking emergency authority to secure our electric grid, and we call on him to act quickly to protect America's national security interests". And it is the biggest dumb move by this administration I have seen, at least since yesterday - when Trump effectively made all our allies angry with his ridiculous trade tariffs. Shelley Capito, R-W.Va.

The department's intervention is meant to buy time for a two-year study of vulnerabilities in the American energy delivery system - from power plants that provide electricity to the natural gas pipelines that supply them. Coal and nuclear plants, on the other hand, keep fuel stored on site, eliminating a potential weak point that could be targeted by malicious hackers. "Doing so will be vital to our state's economy and to our nation's viability, security, and independence".

Although the memo describes a planned Energy Department directive, there was no indication President Donald Trump had signed off on the action nor when any order might be issued.

One other coalition of power business teams representing the oil, pure fuel, photo voltaic, and wind industries issued joint statements saying the administration's plan is "misguided", "unwarranted", and "an train in crony capitalism".

According to Bloomberg, the move would signal an unprecedented intervention in the US energy industry.

"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".

Analysts said the new plan would face numerous legal and political challenges before it could get implemented.

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