Archive for April, 2018

FirstEnergy is shielded from generating unit’s bankruptcy
Uncategorized

FirstEnergy is shielded from generating unit’s bankruptcy

AKRON — “In another step to distance FirstEnergy Corp. from the financial woes of its bankrupt generating unit, the Ohio utility announced an agreement with creditors that would free it from future claims in the Chapter 11 proceeding. But FirstEnergy CEO Chuck Jones also said during an earnings call with […]

Tech firms like Google, Amazon push power companies toward solar and wind, a blow to coal
Energy / Renewable Energy

Tech firms like Google, Amazon push power companies toward solar and wind, a blow to coal

SAN FRANCISCO, CA  — “Every time you save a photo to the cloud, buy something on Amazon, open a Google doc or stream a movie, you’re probably pulling electricity from a wind turbine in Texas or a solar farm in Virginia. In fact, your clicks and taps may have helped build them. […]

Timeline: FirstEnergy bet on coal, nuclear and “bailouts”
Energy / FirstEnergy

Timeline: FirstEnergy bet on coal, nuclear and “bailouts”

CLEVELAND — “FirstEnergy’s financial predicament didn’t spring up overnight. The company has spent years asking Ohio lawmakers and regulators for extra money from ratepayers. Its lawyers and lobbyists have urged the federal government to give preferences to coal and nuclear plants to protect them from competition.  And now the company is […]

Victory on fixed rate hikes
AEP / Dayton Power & Light / Duke Energy / Fixed Rate Hikes / Victory

Victory on fixed rate hikes

Thanks to the 22,765 people who filed official comments opposing Duke, AEP and DP&Ls proposed fixed rate hikes In the fall of 2015, Ohio utilities began proposing increases in the fixed rate or “customer charge” of residential electric bills. This flat fee is a delivery charge that has nothing to […]

Power plant owners press Trump to reject bailout for coal, nuclear
FirstEnergy

Power plant owners press Trump to reject bailout for coal, nuclear

WASHINGTON, DC — “Power plant owners are urging President Trump to reject a plea by a Ohio power provider to save its fleet of coal and nuclear plants that are slated to shut down in the next three years, saying it would be legally wrong and jeopardize his America First […]

Powerful lobbyist steered Seitz effort to block Ohio wind power jobs
Energy / Renewable Energy / Wind Energy

Powerful lobbyist steered Seitz effort to block Ohio wind power jobs

COLUMBUS — “Newly-uncovered emails show the strong sway a lobbyist for large industrial users of coal power has had on Ohio wind-energy foe Rep. Bill Seitz’s efforts to keep the state’s strict property line setbacks in place. Insights from the 2017 emails are especially timely as a coalition of business, environmental […]

A coal company CEO wants to buy FirstEnergy Solutions’ coal-fired power plants
Coal / Energy / FirstEnergy

A coal company CEO wants to buy FirstEnergy Solutions’ coal-fired power plants

An energy industry analyst says Robert Murray’s idea may not be doable CLEVELAND — “The head of one of the nation’s biggest coal companies says he can keep First Energy Solutions’ coal-fired power plants from shutting down. Murray Energy CEO Robert Murray tells Bloomberg news that if government subsidies are granted he can […]

FirstEnergy Solutions’ bankruptcy filing sparks concern about future
Energy / FirstEnergy

FirstEnergy Solutions’ bankruptcy filing sparks concern about future

CLEVELAND — “FirstEnergy’s efforts to re-make itself into a delivery-only electric utility — and maybe shed its power plant subsidiary FirstEnergy Solutions — has many people worried that power plants will shut down and Ohio will run short of electricity. The entire future is uncertain, but what’s known right now […]

Ohio has greatest wind power potential, but falling behind neighboring states
Energy / Renewable Energy / Wind Energy

Ohio has greatest wind power potential, but falling behind neighboring states

Even West Virginia, the capital of “coal country”, has more installed wind capacity than Ohio Ohio wind energy development has stalled since 2014 when a last-minute amendment slipped into that year’s budget bill increased the required distance between a turbine and a building or property line. No new wind turbines […]

Power grid manager PJM to Energy Department: There is no emergency
Energy / FirstEnergy

Power grid manager PJM to Energy Department: There is no emergency

CLEVELAND — “Power grid manager PJM Interconnection on Friday urged the U.S. Department of Energy not to take extraordinary action ordering subsidies to keep uncompetitive coal and nuclear power plants operating. FirstEnergy’s power plant subsidiary, FirstEnergy Solutions (FES), asked the DOE for the action on Thursday morning, about 18 hours after informing PJM and […]