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Report: Department of Energy recommends bail out of failing coal plants

In Summary : In a draft memo to be circulated on Friday, the Department of Energy (DOE) argues in favor of using a wartime rule called the...

In Summary :

In a draft memo to be circulated on Friday, the Department of Energy (DOE) argues in favor of using a wartime rule called the Defense Production Act to bail out failing coal and nuclear plants, according to Bloomberg, which obtained a copy of the memo.The memo suggests that the Energy Department could force grid operators to buy power or electric generation capacity from a list of pre-determined power plants for two years, “to forestall any future actions toward retirement, decommissioning or deactivation.”[...]

kindly refer the following link as follow up :
https://arstechnica.com/?p=1317417

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