CleanTechnica•5 months ago
Donald Trump to Give Coal Industry Another Massive Handout — via Department of Defense
- •The Trump administration is reportedly planning a policy to support the coal industry, potentially via the Department of Defense, aiming to keep "old, polluting, expensive fossil fuel power plants" operational.
- •This policy could artificially prop up coal-fired generation, potentially distorting electricity markets, increasing costs for large power consumers, and creating headwinds for new, cleaner energy projects.
- •Developers and IPPs should anticipate potential policy shifts favoring incumbent fossil fuel assets, which could impact capacity market dynamics, PPA negotiations, and project financing for alternative generation.
financing