Breaking News         Latest US News              New York News              Fx Tribune

How to Compare Car Insurance Policies?
Donald Trump again proposes subsidies for old power plants. They are important for national security. Network operators criticize the idea as damaging.

Energy policy: US government wants to subsidize coal and nuclear power

Donald Trump again proposes subsidies for old power plants. They are important for national security. Network operators criticize the idea as damaging.

Energy policy: US government wants to subsidize coal and nuclear power

Once thrust has failed. Now US president is once again trying to secure future of coal and nuclear power through subsidies. Trump's spokeswoman Sarah Sanders explained in Washington that US energy network and energy infrastructure would have to be made "strong and secure." This is only way to protect public and economy from "intentional attacks and natural disasters." Critics consider thrust to be unnecessary and warn of rising energy costs.

Trump's stated goal is to help domestic coal and nuclear industry to make a new upturn. His energy minister, Rick Perry, had already proposed state subsidies for coal and nuclear power plants last year. However, FERC National Energy Inspectorate had rejected proposal because claims were "neir justified nor appropriate".

On Friday, White House now said that a new plan was being worked on – this time it is called justification of national security. With shutdown of power stations, an important part of energy mix of USA is decimated and power grid overall less resilient, said Sanders. Trump has instructed Perry to take immediate action "to stop loss of se resources."

The details were not mentioned by Sanders. According to a Wall Street Journal report, network operators are to be forced to purchase electricity from coal and nuclear power plants. The grid operator PJM criticized announcement. There is no reason for such "drastic measures". If state prescribes to buy electricity from certain power plants, this is detrimental to market "and refore expensive for consumers". The Association of solar industry also criticized idea: it was "no prescription for economic success" if government spends billions of dollars to save unprofitable power plants, while at same time "clean and affordable solar energy" to brink Urge.

Publish Date : 02 Haziran 2018 Cumartesi 12:02

Breaking News Headlines

Tobacco is the leading cause of cancer – Switch to e-cigs to avoid premature death
Tobacco is the leading cause of cancer – Switch to e-cigs to avoid premature death
Tipping in America- What Should You Know as a Traveler?
Tipping in America- What Should You Know as a Traveler?
Sepi proposes to the ex-minister Miguel Sebastian as a director of Indra
Sepi proposes to the ex-minister Miguel Sebastian as a director of Indra
There are two Spains in the employment
There are two Spains in the employment
Valerio dodge the shock with the CEOE and downgrade to 7% the rise of the bases maximum contribution
Valerio dodge the shock with the CEOE and downgrade to 7% the rise of the bases maximum contribution
Spain puts an end in the EU in four years of cuts in the quota of hake south
Spain puts an end in the EU in four years of cuts in the quota of hake south
The US Federal Reserve raises interest rates to 2.5%, but cooled expectations for 2019
The US Federal Reserve raises interest rates to 2.5%, but cooled expectations for 2019
Carlos Torres throws a 'dance' of managers in BBVA to promote the transformation of the bank
Carlos Torres throws a 'dance' of managers in BBVA to promote the transformation of the bank
One out of every three temporary contracts signed in the Basque country does not last one week
One out of every three temporary contracts signed in the Basque country does not last one week
Balearic islands, get the worst education in Europe
Balearic islands, get the worst education in Europe
The nine highways rescued will be free for the night and will fall by up to 30% during the rest of the day
The nine highways rescued will be free for the night and will fall by up to 30% during the rest of the day
Mango asks for a syndicated loan of 500 million to refinance its debt until 2023
Mango asks for a syndicated loan of 500 million to refinance its debt until 2023
POLLS Results ALL
Who is the most powerful actor in Syria

Front Pages
  • The Sun
NEWS ARCHIVES