US energy regulators have rejected plans from the Trump administration to prop up struggling coal-fired and nuclear power plants in competitive electricity markets, saying there was no proof that subsidies were needed. The decision by the Federal Energy Regulatory Commission is a significant blow for President Donald Trump’s attempts to “bring back coal” in the US. Across the country, coal-fired power plants are being shut down by competition from lower-cost gas-fired generation and renewable energy, and analysts saw the subsidy plan as one of the few potentially viable ways to halt the industry’s decline. FERC said last November that by the end of 2020 it expected 74 more coal-fired plants to have shut down with a total generation capacity of 20.7 gigawatts.
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