CleanTechnica•about 2 months ago
Donald Trump’s $100 Million Power Plant Boondoggle is Extended for 3rd Time
Key Takeaway
Continued federal intervention to prevent power plant retirements introduces regulatory uncertainty and can distort market signals for new generation development and resource planning.
AI Summary
- •The Trump administration issued a third extension of 'emergency' orders to keep the Eddystone (PA) and J.H. Campbell (MI) power plants operating past their scheduled retirement dates.
- •This federal intervention prevents the retirement of existing generation assets, potentially impacting regional capacity markets and the generation mix in PJM and other affected areas.
- •The article frames these extensions as a '$100 Million Boondoggle,' implying significant costs associated with keeping these plants online, which could ultimately affect ratepayers or market participants.
Topics
capacity-marketemissionspjmpolicy
Article Content
Eddystone, Pennsylvania — Last night, the Trump administration extended its fake ‘emergency’ order to keep the Eddystone power plant online past its scheduled retirement for the third time. The administration also extended a similar order for the J.H. Campbell coal plant in Michigan last week. According to Sierra Club’s ‘Ticked Off’ cost ticker, the ... [continued] The post Donald Trump’s $100 Million Power Plant Boondoggle is Extended for 3rd Time appeared first on CleanTechnica .