Trump’s coal rescue is costing ratepayers a pretty penny. (NYT)
By the numbers: The persistent DOE orders to keep coal plants open don’t come cheap. Consumers Energy said it has spent $180M running a Michigan plant since last May. And TransAlta noted it spent nearly $20M over three months on its Washington state plant…despite burning no coal.
More costs ahead? One Indiana coal unit may need over $100M in repairs to operate at full capacity, while another would require $16M–$20M in repairs.