The Department of Energy (DOE) announced Oct. 31 that it would provide $100 million in funding to revamp the country’s existing coal-fired power plants in a bid to support the U.S. coal industry.
In a statement, the DOE said it has issued a notice of funding opportunity for “practical, high-impact projects” that are aimed at refurbishing and modernizing the nation’s existing coal-fired power plants.
The funding will support projects designed to enhance efficiency, extend operational lifespan, and improve the performance of coal and natural gas facilities, according to the department.
Energy Secretary Chris Wright said the initiative aims to keep U.S. coal plants running and ensure access to affordable energy, while criticizing past administrations for adopting policies he said targeted the coal sector….