FirstEnergy headquarters in Akron.
Coal / Energy / FirstEnergy

FirstEnergy eyes settlement in Ohio power purchase agreement case

COLUMBUS —   “CEO Chuck Jones told analysts he expects state regulators to make a final decision by the first quarter of 2016. Negotiations are top of mind for the company – Chief Legal Officer Leila Vespoli typically is on FirstEnergy’s calls but is in Columbus now meeting with Public Utilities […]

A memorial to the fallen miners in Whitesville, W.Va.
Stephen Crowley / The New York Times
Coal / Energy

Witness: Ex-coal CEO preferred fines to safety prevention

CHARLESTON, WV — “In Charleston federal court Thursday, the prosecution questioned former Massey subsidiary president Christopher Blanchard, as he takes the stand against ex-Massey CEO Don Blankenship under an immunity agreement… Blankenship could face up to 30 years in prison on charges of conspiring to break mine safety laws at […]

How super low natural gas prices are reshaping how we get our power
Clean Power Plan / Coal / Duke Energy / Energy

How super low natural gas prices are reshaping how we get our power

WASHINGTON, DC — “This week, U.S. natural gas prices plunged briefly below $ 2 per million Btu (British thermal units), lower than they have been since early 2012. It’s part of a long term price drop that is closely tied to the fracking and shale gas boom, but also more immediately to high levels of […]

AEP sales, profit rise on warmer summer
AEP / Coal

AEP sales, profit rise on warmer summer

COLUMBUS — “Warm weather and rate increases led to a strong third quarter for American Electric Power. The Columbus-based utility reported a profit of $519 million on Thursday, up from $493 million in the prior-year quarter, and sales of $4.4 billion, up from $4.2 billion. …Akins said during the call […]

created by Seth Feaster for IEEFA
AEP / Coal / Energy / FirstEnergy

In Ohio, AEP and FirstEnergy adopt an audacious strategy that could cost ratepayers dearly

A model first established in West Virginia is being pushed now in the Buckeye State CLEVELAND — “We’ve posted a research note today that explains how reregulation schemes in Ohio by FirstEnergy and AEP bear a striking resemblance to one approved in West Virginia that resulted in a recent push […]

Data courtesy The National Institute on Money in State Politics -
AEP / Coal / Duke Energy / Energy / FirstEnergy / Freeze on Clean Energy

Ohio politicians on “Energy Mandates Study Committee” took $830,000 from dirty energy companies

COLUMBUS — “A wolf pack of in-state utilities and out-of-state petrochemical billionaires has attacked Ohio’s clean energy law, threatening to kill clean jobs and wreak further damage on the environment. This attack is led by Ohio state Senator Bill Seitz (R), who five years earlier voted for the law, but […]

In a Dec. 22, 2008, photograph, a home is engulfed near the TVA Kingston Fossil Plant in Roane County after the failure of a dike that unleashed more than 5.4 million cubic yards of coal ash sludge. (picture by J. Miles Cary)
Coal / Coal Ash / Energy

Federal coal ash regulations take effect

WASHINGTON, DC — “The gooey, grayish-black sludge that spread across Roane County on a bitterly cold December morning is gone, but the fallout from the nation’s worst coal-ash spill enters a new phase on Monday when the federal government begins regulating the storage and disposal of ash from coal-fired power […]

American Electric Power’s crafty play for an Ohio bailout
AEP / Coal / Energy

American Electric Power’s crafty play for an Ohio bailout

A company wary of risk but OK with putting it on the shoulders of customers COLUMBUS — “AEP has offered market outlooks that paint a rosy picture, suggesting that customers will gain a collective $31 million in rate relief from its plan. But the company concedes, by its own numbers, […]

Photo by Vivan Stockman, Ohio Valley Environmental Coalition, flyover courtesy of Southwings.
Coal / Mountaintop Removal

Obama visits West Virginia on coal disaster anniversary: Will he finally recognize Appalachian health emergency?

RALEIGH COUNTY, WV — “Ever since Obama took office, the long-time tragedy of Oxycontin and prescription painkillers, along with heroin, has ravaged coal mining communities in central Appalachia–despite years of national news investigations on failed regulatory enforcement. In that same light, after years of ignoring pleas from besieged residents on […]

FirstEnergy, AEP say value is in length of proposed PPAs for Ohio plants
AEP / Coal / Energy / FirstEnergy

FirstEnergy, AEP say value is in length of proposed PPAs for Ohio plants

COLUMBUS — “Part of the focus on power plant income guarantees proposed by FirstEnergy Corp. and American Electric Power Co. Inc. has been shifting from the legality of the plans to the length of the riders. While the companies appear open to discussions about shortening the terms of the power […]