AMP

FirstEnergy joining AEP push to pull back on open market in Ohio
AMP / Energy / FirstEnergy

FirstEnergy joining AEP push to pull back on open market in Ohio

COLUMBUS — “Akron-based FirstEnergy Corp. says it will work the Ohio legislature to regulate its power plants, something its Columbus counterpart has been working on since July. … FirstEnergy (NYSE:FE) will begin its lobbying this week after the election. AEP and FirstEnergy are the two biggest electric utilities in the […]

Cleveland ratepayers on hook for $5 billion coal plant in southern Illinois
AMP / Coal / Energy / Prairie State Coal Plant

Cleveland ratepayers on hook for $5 billion coal plant in southern Illinois

Founding owner selling off shares CLEVELAND — “Cleveland ratepayers remain on the hook for a $5 billion coal fired plant in Southern Illinois after a founding owner announced it was selling off its share in the plant that produces electricity for 200 municipalities across the Midwest. Peabody Energy announced it […]

Sandy Buchanan, executive director of the Institute for Energy Economics and Financial Analysisng,has worked on a variety of energy issues involving coal, nuclear, utilities, renewables, and energy efficiency since the 1980s. She served as executive director of Ohio Citizen Action for 20 years before joining IEEFA in 2013.
AMP / Coal / Prairie State Coal Plant

Prairie State seems to want the EPA to reward it for failure

CLEVELAND — “The president of Prairie State Generating Co. has asked the U.S. Environmental Protection Agency to exempt the coal-fired Prairie State Energy Campus in southern Illinois from new pollution-control rules. As it turns out, many Ohio municipalities have a stake in this fight. In a May 11 letter to […]

An Ohio wind farm proves the case for a wise renewable-energy policy
AMP / Energy

An Ohio wind farm proves the case for a wise renewable-energy policy

The evidence is in how much customers save over other sources of power generation CLEVELAND — “Wind farms do need to be counted on for a certain amount of power in order to make the deals work. This is taken into account when the projects are planned and as developers […]

Illinois power plant at center of Midwest rate fights
AMP / Energy / Prairie State Coal Plant

Illinois power plant at center of Midwest rate fights

COLUMBUS — “Rate increases and equipment breakdowns were the opposite of what dozens of municipalities that invested in the Prairie State Energy Campus were promised: low-cost, reliable energy for decades to come. Now, customers in Galion, Ohio, have threatened ballot action. They want the city to repay overcharges they allege […]

Commentary: How Prairie State puts small towns at risk
AMP / Coal / Energy / Prairie State Coal Plant

Commentary: How Prairie State puts small towns at risk

BOWLING GREEN — “In my community, households and businesses have seen their electricity rates rise to $121 per megawatt hour—which is about $1,000 annually for the average household. That may not seem like all that much on its face, but it’s a price that masks the dangers ahead. American Municipal […]

Five years on, millions in costs from AMP’s cancelled coal plant still hang over towns and cities
AMP / Coal / Energy

Five years on, millions in costs from AMP’s cancelled coal plant still hang over towns and cities

CLEVELAND — “Original estimates put construction expenses at $1.5 billion, but that price had more than doubled by the fall of 2009, to almost $3.5 billion. The member communities that had agreed to take part in the deal, much to their detriment, had signed 50-year  take-or-pay contracts in 2007 and […]

Class-action suit filed over costly electricity plant partly owned by AMP
AMP / Energy / Prairie State Coal Plant

Class-action suit filed over costly electricity plant partly owned by AMP

BATAVIA, ILL — “The lawsuit, filed yesterday in Illinois, seeks what is likely more than $100 million in damages because electricity from Prairie State Energy Campus is more expensive than was disclosed when government-owned electric utilities invested in the plant. They are suing the Indiana Municipal Power Agency and related consultants, […]

AMP / Coal / Prairie State Coal Plant

Citizens for a Livable Future discuss Prairie State coal plant

BOWLING GREEN — “In 2007 the city of Bowling Green contracted with Amp-Ohio, a wholesale power supplier with involvement in a coal generation plant in Illinois known as Prairie State – with the goal of providing long term electric price stability in a volatile energy market. The group, Citizens for […]

Power debate in BG still charged
AMP / Coal / Prairie State Coal Plant

Power debate in BG still charged

BOWLING GREEN — “Members of Citizens for a Livable Future have consistently voiced concerns about the Prairie State campus, with whom Bowling Green has a nearly 50-year contract through American Municipal Power, at recent meetings, saying that the contract could cost power customers $48 to $54 million more over the […]