WASHINGTON—The Energy Department is proposing a new plan to bail out failing nuclear and coal-fired power plants by forcing grid operators to take the electricity they produce, a move that could upend competitive power markets and raise prices for consumers. The plan—a draft now under White House review—isn’t the first attempt by President Donald Trump’s administration to help coal and nuclear businesses. Its goal is to stop a wave of plant closings for two years while the Energy Department studies which plants nationwide...

Source: Wall Street Journal June 01, 2018 19:52 UTC