Monday, December 5, 2022
HomeenergyTrump's coal and nuclear subsidy won't keep power plants open but will...

Trump’s coal and nuclear subsidy won’t keep power plants open but will raise prices, analysts warn

  • Energy Secretary Rick Perry has proposed subsidizing coal and nuclear power plants to keep them on the grid.
  • Meanwhile, an eastern U.S. power organization has put forward a change to energy pricing that would also benefit coal and nuclear power plants.
  • Analysts say both proposals would boost cash flow for power producers but are unlikely to convince them to keep noncompetitive plants running.

RELATED ARTICLES

Most Popular