U.S. nuclear, coal plant bailout plan still being 'fleshed out': Perry [View all]
Source: Reuters
U.S. LEGAL NEWS JUNE 15, 2018 / 11:37 AM / UPDATED 4 HOURS AGO
Reuters Staff
BARILOCHE, Argentina (Reuters) - A plan requested by U.S. President Donald Trump to prevent struggling nuclear and coal power plants from shutting is still being “fleshed out” by the U.S. Department of Energy (DOE) and the White House, Energy Secretary Rick Perry said on Friday.
Trump on June 1 directed Perry to take emergency steps to keep nuclear and coal plants running, in what would amount to an unprecedented intervention in U.S. power markets that has drawn backlash from environmentalists as well as oil, gas and renewable energy companies.
“This is not just singularly an economic issue,” Perry told reporters at the G20 Energy Ministers’ meeting in Bariloche, Argentina, citing risks of cyberattacks by “nefarious actors” or “terrorist groups” on the civilian electric grid, which also provides U.S. military bases with nearly all their power.
According to the DOE, cyber and physical threats are “minimized” at nuclear and coal plants because they can store months of fuel on site to survive a supply cut. Some experts have said coal infrastructure is just as susceptible to cyber attacks as natural gas pipelines.
Read more: https://www.reuters.com/article/us-argentina-g20-energy-usa/u-s-nuclear-coal-plant-bailout-plan-still-being-fleshed-out-perry-idUSKBN1JB23V?feedType=RSS&feedName=politicsNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FPoliticsNews+%28Reuters+Politics+News%29
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