How about turning a coal mine into a solar farm?

Rows of power lines weave their way over Bald Eagle Mountain in Williamsport Pa. Citing concern over

China has clearly indicated it is happy to take over the role of climate-change leader if the USA abdicates, and has backed that up by such actions as ending plans for more than 100 coal-fired power plants, including some already under construction.

Secretary of Energy Rick Perry on Friday ordered a study of the US electrical grid, aiming to ascertain whether policies to boost renewable energy are hastening the retirement of coal and nuclear plants and threatening power reliability.

Energy Secretary Rick Perry spelled out these concerns Friday in a memo to his chief of staff, which was rapidly obtained by Bloomberg News.

The integration of a diversity of generating resources into the nation's electric grid has been a hot topic at the Federal Energy Regulatory Commission, as well as at regional transmission organizations.

Five states, including Kansas, get at least 20 percent of their electricity needs from wind, but as The New York Times reports, alternative energy investments like wind and solar power have not performed well in recent years. But his request for the Department of Energy (DOE) to investigate how federal subsidies boost one form of energy at the expense of baseload generation was clearly meant as a swipe at wind and solar energy resources.

Snyder's-Lance Inc (NASDAQ:LNCE) & Plug Power Inc (NASDAQ:PLUG) News Recap
According to their observations and findings, the stock could provide a high EPS of $-0.04/share and a Low EPS of $-0.06/share. Gsa Capital Llp reported 5,755 shares. 143.12 million shares or 4.22% more from 137.32 million shares in 2016Q3 were reported.

Conservatives - including some advising the Trump administration - have long taken aim at subsidies for renewable power, including a recently renewed production tax credit that helps offset the cost of wind and solar installations. The memo calls for a 60-day study on whether efforts to promote clean energy - like renewable portfolio standards, tax credits and other subsidies - "are responsible for forcing the premature retirement of baseload power plants". "It impressed upon me that the United States should take heed of the policy choices our allies have made and take stock of their consequences", Perry said.

The worry was that Germany's grid would become unreliable and erratic since it relied on multiple inconsistent energy supplies. In the European Union, household electricity prices in Germany a year ago were second only to those in Denmark.

It is widely accepted in the energy industry that US coal production will fall as a percentage of the total electric grid mix.

Both New York and IL have approved zero-emission credits that would subsidize certain nuclear power plants and keep them running despite stiff competition from plants burning cheap natural gas.

Perry's study comes on the heels of Trump's recent moves to roll back a slew of Obama-era climate rules, including regulations dramatically lowering the USA greenhouse gas emissions. Competitors and other critics have also challenged the policies, saying subsidies for nuclear power could artificially drive down wholesale energy capacity prices.

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