Climate Changed
Trump Says He’s Looking at Emergency Aid for Battered Power Plants
- Coal generator FirstEnergy asked U.S. to call grid emergency
- Trump in coal country says, “We’ll be looking at that”
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President Donald Trump said his administration is considering taking extraordinary steps to keep some money-losing power plants alive.
FirstEnergy Corp.’s FirstEnergy Solutions unit asked Energy Secretary Rick Perry last week to exercise his so-called Section 202 authority to declare a grid emergency and keep nuclear and coal-fired power plants in the eastern U.S. operating by guaranteeing them profits. The unit filed for bankruptcy a few days later.