White House press secretary Sarah Sanders said in a statement that Trump believes "keeping America's energy grid and infrastructure strong and secure protects our national security, public safety and economy from intentional attacks and natural disasters."
Impending retirements of "fuel-secure" power plants that rely on coal and nuclear power are harming the nation's power grid and reducing its resilience, Sanders said.
The action by the Energy Department, if ordered, would represent an unprecedented intervention into U.S. energy markets.
A draft memo by the Energy Department urges federal action to "stop the further premature retirements of fuel-secure generation" from coal and nuclear plants that have struggled to compete with natural gas and renewable energy sources such as wind and solar power. The Associated Press obtained a copy of the memo.
The plan would direct grid operators to buy power from coal and nuclear plants for two years to ensure grid reliability, "promote the national defense and maximize domestic energy supplies."