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Monday, August 20, 2018

DOE report blames natural gas for coal plant closures

Energy Department staff report on electricity markets and reliability has singled out natural gas as the leading cause of coal plant closures in this decade, challenging the Trump administration's case for saving coal.

 E&E news quoted the report as saying, “The biggest contributor to coal and nuclear plant retirements has been the advantaged economics of natural gas-fired generation" fueled by the shale revolution.”

Energy Secretary Rick Perry in April ordered to review the closure of "baseload" coal and nuclear plants and "market-distorting effects of federal subsidies that boost one form of energy at the expense of others."

But the staff report gathered a more comprehensive review of challenges facing the U.S. power grid, from cheap natural gas to fast-moving new generating technologies. While electricity networks are performing reliably now, future resilience cannot be taken for granted, the report said.

The preparation of the Trump administration's first comprehensive energy policy review lit fires under Washington's energy lobbies as those who feared or welcomed President Trump's thumping advocacy for the coal industry fired salvos at each other,READ MORE .

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