Energy & Science
UK Government Weighs Paying for Coal Supply to Keep Plants
- Drax, EDF and Uniper coal units could stay open past September
- Bill to government could be high after rise in coal prices
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The British government is considering paying for coal supplies to keep power stations online that would otherwise be shutting before winter.
In order to ensure there’s ample supply of electricity, the government could purchase coal to be used by Drax Group Plc, Electricite de France SA and Uniper SE in a deal to delay the closure of some coal units in September, according to people familiar with the matter. The plan isn’t fixed and is one of a number of options on the table, said the people, who didn’t want to be named discussing private information.