Coal

Peabody Energy, a coal giant, seeks bankruptcy protection
Coal

Peabody Energy, a coal giant, seeks bankruptcy protection

ST LOUIS, MO — “Peabody Energy, the world’s largest publicly owned coal producer, with mines around the world from Australia to the United States, filed for bankruptcy protection in the United States on Wednesday. The company was weighed down by the collapse of coal prices, increasing competition from natural gas […]

Someone got a sweet deal from utility regulators
AEP / Coal / Energy / FirstEnergy

Someone got a sweet deal from utility regulators

  COLUMBUS — “The Public Utilities Commission of Ohio handed sweet deals to FirstEnergy and American Electric Power on March 31. Or maybe, as defenders of the PUCO rulings claim, the panel handed sweet deals to customers of FirstEnergy (the Illuminating, Ohio Edison and Toledo Edison companies) and American Electric […]

Court vacates Blair Mountain delisting from Historic Places registry
Coal

Court vacates Blair Mountain delisting from Historic Places registry

BLAIR, WV — “A federal judge in Washington on Monday ruled that the U.S. Interior Department was wrong when it removed the site of the Blair Mountain labor battle from the National Register of Historic Places in 2009. U.S. District Judge Reggie B. Walton granted a motion for summary judgment […]

FirstEnergy headquarters in Akron.
Coal / Energy / FirstEnergy

Round 1 ends, but battle looms for FirstEnergy

Following favorable decision from utilities commission, the Akron company might be an underdog in the next bout AKRON — “FirstEnergy’s 18-month slugfest in front of the PUCO was brutal, and no doubt costly in terms of public relations, advertising and lobbying. It also might have just been a warm-up for […]

AEP used the Sierra Club's logo in a TV advertisement it produced to garner support for the proposal, and the Sierra Club urged its backers to write letters of support for the plan.
AEP / Coal / Energy

Sierra Club ‘sold out’ by cooperating with AEP, Dynegy CEO says

COLUMBUS — “The Sierra Club betrayed its principles when it dropped its once-fervent opposition to an income-guarantee plan from American Electric Power Company Inc., a rival power company CEO says. The well-known environmental group had played a major role in the campaign to stop the power purchase agreements sought by […]

Moody’s: Fall in natural gas prices may lead to large-scale plant retirements
AEP / Coal / Energy / FirstEnergy

Moody’s: Fall in natural gas prices may lead to large-scale plant retirements

CHARLOTTSVILLE, VA — “Moody’s warns that ‘persistently low natural gas prices’ have placed several coal and nuclear power plants at risk of closure, with merchant generators scrambling to cut costs. The analyst also said the recent approval of a power purchase agreement for FirstEnergy Solutions Corp.‘s merchant plants in Ohio […]

AEP's Clifty Creek power plant in Madison, Indiana is among the facilities covered under income guarantee plans recently approved by Ohio regulators. 
Photo By
Crowezr / Wikimedia Commons
AEP / Energy / FirstEnergy

‘This isn’t over’: Opponents still fighting Ohio ‘bailout’ plans

COLUMBUS — “Despite unanimous approval by Ohio regulators last week, opponents of income guarantees for two utilities’ power plants still have multiple avenues to challenge the plans. The deals, involving certain coal plants and a nuclear plant owned by FirstEnergy and American Electric Power (AEP),  are expected to trigger requests […]

Data Bite: The shrinking U.S. coal-fired electricity map; Here’s a snapshot from Ohio
AEP / Coal / Energy / FirstEnergy

Data Bite: The shrinking U.S. coal-fired electricity map; Here’s a snapshot from Ohio

CLEVELAND — “Ten of those twenty coal-fired plants that operated in 2010 have closed—five owned by FirstEnergy, two by Duke Energy, one by AEP, one by NRG Energy, and one by American Municipal Power (which has also cancelled plans to build a new coal plant in the Ohio).  Six others […]

State regulators approved a plan to help subsidize the Davis-Besse Plant in Ottawa County and other power plants across Ohio by having customers act like investors.
AEP / Energy / FirstEnergy

Ohio approves Davis-Besse ‘bailout’

COLUMBUS — “In an unprecedented move, two energy companies were guaranteed profits for eight years by treating customers like investors to keep Davis-Besse and other power plants operating across Ohio. The Public Utilities Commission of Ohio in a 5-0 vote Thursday approved plans from Akron-based FirstEnergy and Columbus-based American Electric […]

Ohio Ruling is a giveaway to FirstEnergy and AEP, and a betrayal of ratepayers

AEP / Coal / Energy / FirstEnergy

Ohio Ruling is a giveaway to FirstEnergy and AEP, and a betrayal of ratepayers


COLUMBUS — “IEEFA’s analysis of the FirstEnergy plan in particular has shown that customers are likely to pay at least $4 billion extra for electricity from FirstEnergy’s aging coal plants, as well as the frequently troubled Davis Besse nuclear plant, over the eight-year life of the deal. Here’s why the […]