Trump orders federal coal purchase. What does it mean for TVA? [USA TODAY]
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Source: USA TODAY
The Tennessee Valley Authority's renewed commitment to came on the same day President Donald Trump directed the U.S. Department of Defense to begin buying power from coal plants. The Feb. 11 executive order does not dictate how much the Defense Department should spend on the purchases. Coal is crucial to U.S. national and economic security, Trump said in the order. The Defense Department will support coal production and address what Trump has termed a " " - a shortage of energy he said was driven by the policies of his predecessor, former President Joe Biden. The move would boost a part of the energy industry that's been a cornerstone of Trump's politics and support base since he announced a run for president in 2015. Trump has spoken frequently of protecting coal-mining jobs and has condemned plans to close coal plants, including a now-reversed decision to retire TVA's coal units at the and fossil plants. in recent years, according to a 2025 report from the U.S. Energy Infor
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- American Electric Power (NASDAQ:AEP) was upgraded by analysts at Wolfe Research to an "outperform" rating.MarketBeat
AEP
Earnings
- 2/12/26 - Beat
AEP
Sec Filings
- 2/12/26 - Form 8-K
- 1/13/26 - Form 4
- 1/8/26 - Form 8-K
- AEP's page on the SEC website