TVA CEO: Coal plants not reopening under Trump

TVA Headquarters in Downtown Knoxville

NASHVILLE, Tenn. (AP) – The CEO of the nation’s biggest public utility says the agency isn’t going to reopen coal-fired power plants under President Donald Trump.

In an interview Tuesday, Tennessee Valley Authority CEO Bill Johnson said he thinks very little will change for the federal utility under Trump.

Johnson says TVA’s retirement of coal plants was the cheapest way to serve customers. He said natural gas prices, not regulation, devastated the coal industry.

Trump, who has called for coal’s comeback, has begun repealing President Barack Obama-era regulations aimed at coal.

By May, Trump can fill five of nine TVA board slots to establish a new majority. The U.S. Senate confirms them.

Johnson said TVA hasn’t had direct discussions with the administration about the agency’s direction or been invited to meet top administration officials yet.

(Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s