US orders part of Talen power plant in Maryland to run above limits through end of 2025
WASHINGTON, Oct 24 (Reuters) - U.S. Energy Secretary Chris Wright on Friday issued an order that allows part of Talen's TLN.O oil-fired Wagner power plant in Maryland to run above limits through the end of 2025, saying it would boost the reliability of the grid.
President Donald Trump declared an "energy emergency" on the first day of his second term. But he has taken a slew of actions to slash tax breaks and other support for renewable energy and has favored fossil fuel use at aging power plants.
In July, Wright granted a request by the PJM Interconnection regional grid manager to allow the nearly 400-megawatt unit to run above limits. It was one of several units at Wagner that had been set to shut permanently in May before federal energy regulators approved keeping it open until 2029.
The Energy Department said on Friday the "growing resource adequacy concern" that PJM cited in their July request "still exists today."
Wright has also ordered a Michigan coal plant and a Pennsylvania plant that runs on natural gas or oil to stay open.
Related Articles
$660B Capex Bill Triggers $900B Wipeout: Why Apple Shares Outperform Amazon and Google Despite AI Lag
Based on financial disclosures, the combined 2026 capital expenditure forecasts for Meta, Amazon, Google, and Microsoft are projected to reach $660 billion. This figure is not only significantly higher than the $410 billion forecast for 2025 and $245 billion for 2024, but even surpasses the GDP of I
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
