President Donald Trump is expected to announce a $700 million initiative aimed at strengthening the U.S. coal industry, using Defense Production Act authorities to support power generation and export infrastructure.
According to a White House official, the package includes $425 million for 13 existing coal-fired power plants.
The Department of Energy will also provide $185 million to support two new coal facilities in Alaska and West Virginia, along with the restart of a plant in Maryland.
An additional $75 million is earmarked for the proposed West Gateway export terminal in Oakland, California, which could facilitate shipments of up to 12 million tons of coal from Wyoming and Montana.
Trump gives Oakland $75 million for its new terminal in big boost to coal industry https://t.co/Up1NkwEnFB pic.twitter.com/zRtD0EhvLP
— New York Post (@nypost) June 4, 2026
The administration argues that coal remains a critical component of the nation’s energy mix, particularly as demand rises from artificial intelligence, data centers, and other power-intensive industries.
Trump has repeatedly promoted coal as a reliable domestic energy source that can help advance his broader energy dominance strategy.
Critics, however, contend that the initiative could slow the transition toward cleaner energy sources.
Coal’s share of U.S. electricity generation fell to about 17% last year as utilities increasingly turned to natural gas, nuclear power, and renewable energy technologies.
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TIPP Staff
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TIPP Staff
