Trump Visits West Virginia Hints at Utility Bailout

Apr 5, 2018

President Donald Trump visits White Sulphur Springs, WV.
Credit Associate Press

President Donald Trump today visited West Virginia for a roundtable discussion on the recently-passed tax bill. The president also indicated the administration is looking closely at a recent emergency request made by regional electric utility FirstEnergy.  

Trump told a crowd in White Sulphur Springs he is looking closely at a request by the Ohio-based utility for emergency aid to keep its struggling coal and nuclear plants running.

"We'll be looking at that 202, you know what a 202 is, we'll be looking at that, we're trying. About nine of your people just came up to me outside, could you talk about 202, and we'll be looking at that as soon as we get back," he said.

202 refers to a section of a federal law that allows the Department of Energy to issue an emergency order if the power grid is at risk. FirstEnergy says the grid faces grave threats if the plants close and asked for immediate help.

FirstEnergy Solutions operates two coal-fired plants and three nuclear plants in Ohio and Pennsylvania. The company announced it was filing for bankruptcy over the weekend.