Duke decision on Ohio ‘bailout’ proposal mirrors AEP ruling
Coal / Duke Energy / Energy

Duke decision on Ohio ‘bailout’ proposal mirrors AEP ruling

COLUMBUS — “Ohio regulators have rejected the second of three utilities’ “bailout” proposals, presenting further hurdles for FirstEnergy in an upcoming hearing for its case…. ‘Price stabilization’ vs. ‘bailouts’ In general, Ohio law grants a monopoly to electric distribution utilities, but lets customers choose their electric generation suppliers. If approved, […]

The high-voltage lines outside NRG Energy's Avon Lake power plant will continue to be needed after NRG converts the plant's coal-fired boilers to gas rather than closing them.
Coal / Energy / FirstEnergy

Gas-fired power plants sprouting in Ohio to replace old coal-burners

CLEVELAND — “At least six gas-fired power plants are being built or on the drawing boards in Ohio. All are being built by independent power companies. They hope to capitalize on Ohio’s plentiful and cheap shale gas, on the decision by companies like FirstEnergy to close old coal-burning power plants rather […]

Review Photo/Kevin Graff
AEP / Coal / Duke Energy / Energy / FirstEnergy

Consumer electric bills riding on selection of new PUCO boss

COLUMBUS — “Gov. John Kasich has appointed Andre Porter, former Commerce Secretary, former member of the commission and a lawyer, chairman of the PUCO. As chairman, Porter will preside over FirstEnergy’s pending rate case. His predicted ascension has also generated months of speculation about the governor’s position on the FirstEnergy […]

Andre Porter
AEP / Coal / Duke Energy / Energy / FirstEnergy

Andre Porter confirmed to lead PUCO

COLUMBUS — “Andre Porter will in fact lead the Public Utilities Commission of Ohio. Ohio Gov. John Kasich said Tuesday afternoon that Porter, the former commerce department director, will replace PUCO Chairman Tom Johnson. Before joining the commission, he was an attorney at Schottenstein Zox & Dunn Co. LPA, and […]

Ohio regulators adopt Duke Energy’s ESP plan, reject related PPA proposal
Coal / Duke Energy / Energy

Ohio regulators adopt Duke Energy’s ESP plan, reject related PPA proposal

CHARLOTTESVILLE, VA — “Consistent with its ruling in AEP Ohio’s request for an electric security plan with a PPA rider, the Public Utilities Commission of Ohio on April 2 modified and approved Duke Energy Ohio Inc.‘s ESP while rejecting its proposed price stabilization rider for two coal plants. ‘The commission […]

Victory: Duke Energy bailout of old coal plants denied
Coal / Duke Energy

Victory: Duke Energy bailout of old coal plants denied

COLUMBUS — Today the Public Utilities Commission of Ohio (PUCO) denied Duke Energy their bailout request (aka their “Price Stabilization Rider”) for their portions of the outdated and inefficient Kyger Creek and Clifty Creek coal plants. The rest of the Electric Security Plan submitted by Duke, which has not been […]

A power plant and coal ash pond in North Carolina.
Coal / Coal Ash / Energy

Big Coal can’t stop, won’t stop

WASHINGTON, DC — “You have to acknowledge the tenacity of Rep. David McKinley (R, WV). Just three months (and only 42 working days) after EPA signed its first-ever coal ash rule, McKinley has introduced a new coal ash bill that guts the new EPA rule and protects the polluters who […]

AEP has sought guaranteed rates for some of its older plants, including one near Conesville, Ohio.
AEP / Coal / Energy

AEP wants PUCO to hurry up with its PPA decision

COLUMBUS — “A proposal to guarantee American Electric Power Company Inc. a profit on its stake in a coal-fired power plant was rejected by Ohio regulators last month, but the decision left open the possibility that another plan could be accepted. AEP now warns that delays could lead it to […]

PUCO should make a decisive ruling against FirstEnergy, write three politicians worried about rising costs for consumers. (File photo)
Coal / Energy / FirstEnergy

Oppose FirstEnergy electric security plan

CLEVELAND — “Analysts for the Northeast Ohio Public Energy Council and the Office of the Ohio Consumers’ Counsel say consumers will lose big on the deal. They peg the cost of the current rate-increase proposal at an additional $3 billion over the next 15 years. Even FirstEnergy projects more than $400 million in […]

A coal seam is blasted at a mine in Wyoming. At least 264 mines were closed between 2011 and 2013. Photograph: Robb Kendrick/NG/Alamy
Coal / Energy

US coal sector in ‘terminal decline’, financial analysts say

Over 200 mines shut down and industry loses 76% of its value in five years, report finds WASHINGTON, DC — “The US coal sector is in a “terminal decline” which has sent 26 companies bust in the last three years, according to financial analysts. A report by the Carbon Tracker […]