en.Wedoany.com Reported - The U.S. government will provide financial support for coal power and coal projects.

U.S. President Trump announced at the White House on the 4th that the U.S. government will provide hundreds of millions of dollars in funding to support the expansion, upgrade, and renovation of domestic coal-fired power plants, as well as the construction of new coal export infrastructure.

The U.S. Department of Energy issued a statement on the same day stating that, under the Defense Production Act, it will provide up to $500 million in funding support for 12 coal-fired power projects and one coal maritime export terminal project. These projects aim to enhance the value chain of U.S. coal mining, ensure the reliability of baseload power generation, and strengthen the resilience of critical energy infrastructure. The statement shows that the export terminal facility located in Oakland, California, can handle over 10 million tons of bulk commodities annually.

The Department of Energy also announced on the same day that it will provide $350 million in funding to support four selected coal modernization and reliability projects, aimed at strengthening coal-fired power generation capacity, improving grid reliability, and reinforcing strategic energy infrastructure. These projects include building a new coal-fired power plant in Alaska and West Virginia respectively, upgrading a coal-fired power plant in Guayama, Puerto Rico, and restarting a coal-fired power plant in Maryland that was shut down in 2024.

After being re-elected, Trump has continued to adopt policies supporting the development of the coal industry, signing multiple executive orders since taking office aimed at expanding coal mining and coal-fired power generation capacity.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com