Trump announces $185M in grants for new coal plants in West Virginia and Alaska, but viability questioned
By
Hannah Northey, Ian M. Stevenson
Summary
President Trump is set to announce nearly $200 million in Energy Department grants to build the first new coal plants in the U.S. since 2013, located in West Virginia and Alaska. However, the viability of these projects is uncertain as both plants are intended to power data centers that have not yet been constructed, and the grant funding is far below the total cost required for new coal plant construction.
Source
bskyTrump announces $185M in grants for new coal plants in West Virginia and Alaska, but viability questionedeenews.netKey quotes
· 3 pulledPresident Donald Trump is slated to unveil millions of dollars Thursday to build the nation's first new coal plants since 2013 in West Virginia and Alaska
And yet the fate of those projects — like the nation's coal sector overall — is unclear.
Both proposed plants would feed data centers that have yet to be built, and the funding pales in comparison to the cost of new plants.
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