The Trump administration just ordered another retiring coal plant to stay open. It could cost ratepayers millions
CNN••business
Key Points:
- The Trump administration, through Energy Secretary Chris Wright, ordered the Craig Generating Station Unit 1 in Colorado to remain operational until at least the end of March, despite its planned retirement and current non-operational status due to a critical part failure.
- Colorado officials, including Governor Jared Polis and the state's top energy official, criticized the order, arguing it will increase electricity costs for ratepayers without providing reliability benefits, as the plant requires costly repairs and is not needed given existing gas and renewable energy resources.
- The power plant owner, Tri-State Generation and Transmission Association, highlighted that compliance costs from the order would be borne by its members, with estimates ranging from $20 million for 90 days to up to $150 million annually depending
