March 9, 2025 - The Trump administration is working on a “market-based” plan to stem the closure of US coal-fired power plants as it seeks to supply more electricity before an expected boom in demand from artificial intelligence, Energy Secretary Chris Wright said.

Wright, who also serves as the vice-chair of the White House’s National Energy Dominance Council, declined to provide specifics of the proposal other than to say the “general mechanism” of it would be market-based in an effort to remove obstacles “so entrepreneurs can build new systems and operate the ones they’ve got already.”