Energy

Using the E.P.A. to prop up Big Coal
Coal / Energy

Using the E.P.A. to prop up Big Coal

NEW YORK, NY — “The Trump administration is unflinching in its misbegotten campaign to protect the coal industry from what has become an obvious and inevitable decline. Eight months in, the administration has already killed, or is in the process of killing, rules that would prevent the dumping of coal mining […]

Cliff Hite, state senator from Findlay, Ohio.
Energy

Senator seeks to ease wind setback rules

COLUMBUS — “Arguing that Ohio is losing millions in potential business investment, state Sen. Cliff Hite (R., Findlay) introduced a bill Thursday to loosen property setback restrictions imposed three years ago on the siting of new wind farms. ‘We’re trying to make this so that those who want wind projects can […]

AEP / Dayton Power & Light / Duke Energy / Energy / FirstEnergy

Interested party meetings continuing on OVEC bills

COLUMBUS — “Stakeholders continue to debate a Senate bill to grant cost recovery for utility owners of the Ohio Valley Electric Corporation. But opponents, viewing the bill (SB 155) and its House companion (HB 239) as ‘bailouts’ at the expense of consumers, remain unconvinced according to one party planning to participate […]

8 things the DOE report said that the U.S. coal industry wishes it hadn’t
Coal / Energy

8 things the DOE report said that the U.S. coal industry wishes it hadn’t

Markets have changed, technology has evolved, competiton is stiff, the grid evolves … CLEVELAND — “When the coal industry and its allies persuaded Department of Energy Secretary Rick Perry to commission a study on whether a long wave of coal-fired power plant retirements  hurt the reliability of America’s electricity grid, […]

FirstEnergy Corp. plans to retire units 1 through 4 at the seven-unit W.H. Sammis coal plant in Stratton, Ohio, in May 2020. Executives at FirstEnergy and Ohio coal producer Murray Energy have tried unsuccessfully to get the U.S. Department of Energy to invoke an emergency order that would keep FirstEnergy's coal plants online.
Coal / Energy / FirstEnergy

Experts: DOE had no choice but to reject lifeline for FirstEnergy coal units

NEW YORK, NY — “The U.S. Department of Energy’s decision to rebuff pleas for immediate action to preserve a fleet of FirstEnergy Corp. unregulated coal plants was not hugely surprising to industry observers, who said the agency likely did not want to pre-empt current procedures amid industry stakeholder and legal […]

DOE report blames natural gas for closures
Coal / Energy

DOE report blames natural gas for closures

WASHINGTON, DC — “A long-awaited Energy Department staff report on electricity markets and reliability singles out natural gas — not renewables or environmental regulations — as the leading driver of coal plant closures in this decade, challenging the Trump administration’s case for saving coal. ‘The biggest contributor to coal and […]

Standard & Poor's has downgraded the bond rating of FirstEnergy Solutions, the unregulated subsidiary of FirstEnergy Corp., because it believes the company will file for bankruptcy protection before 2018. S&P's in the same week raised its outlook for parent company FirstEnergy because it believes the corporation will sell off or somehow move its power plants into a regulated company (Plain Dealer file).
FirstEnergy

FirstEnergy Solutions downgraded on bankruptcy expectation, FE parent seen as stable

CLEVELAND — “Standard & Poor’s has further lowered its ratings for bonds sold by FirstEnergy Solutions because it believes the company’s negotiations with creditors is a first step toward its seeking bankruptcy protection. At the same time, S&P has revised its outlook for parent company FirstEnergy Corp. from negative to […]

Will the U.S. ever build another big coal plant?
AEP / Climate Change / Coal / Energy

Will the U.S. ever build another big coal plant?

The coal industry is contracting as plants retire and utilities replace them with natural gas and renewables WASHINGTON, DC — “About 16 percent of the U.S. coal fleet has retired in the past five years, but don’t expect major new coal-fired plants to fill that void. The federal government counts […]

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.
Energy / FirstEnergy

Kasich not backing bailout for Ohio nuclear plants

Governor says FirstEnergy needs to figure out how to keep facilities operating OREGON — “Gov. John Kasich said Monday that he can’t see supporting a proposed financial rescue that FirstEnergy Corp. maintains is needed to keep alive the state’s two aging nuclear plants. He said it’s up to the utility to […]

Harnessing the wind: Ohio ranks among top 10 for distributed wind energy
Energy / Renewable Energy / Wind Energy

Harnessing the wind: Ohio ranks among top 10 for distributed wind energy

ADA — “Ohio’s wind power capacity is experiencing strong growth despite legislative setbacks and opposition from local groups that are against the construction of large-scale wind farms. In 2016, Ohio installed 102 megawatts of utility-scale wind capacity — that is, capacity from wind farms used for bulk power. These projects […]