Energy

For the second month in a row, natural gas beat coal as the main source of U.S. electricity generation, accounting for 35.2 percent of supplies in August, a government report showed.
Coal / Energy / FirstEnergy

Coal-heavy utilities are changing course as the new energy economy unfolds

NEW YORK, NY — “The marketplace is bruising FirstEnergy Corp.’s competitive businesses and forcing it to pull back and zero-in on its regulated delivery systems where all of its returns are approved by utility commissioners. Other coal-heavy utilities are taking a different tack, however, and investing in the green energy […]

Perry Nuclear Power Station as seen from Headlands State Park, Mentor, Ohio (Credit: Wainstead/Public Domain)
FirstEnergy / Nuclear Energy

FirstEnergy CEO says bill is no bailout

COLUMBUS — “FirstEnergy’s president on Tuesday urged lawmakers to require consumers to pay more to keep the lights on at its two struggling nuclear power plants, or permanently risk losing a reliable and valuable source of electricity. Chuck Jones dismissed suggestions that House Bill 178 and its companion Senate Bill […]

FirstEnergy's request that its customers should pay a little extra every month to keep the Davis-Besse nuclear reactor operating has put the company in the middle of a regulatory battle both in Ohio and before the Federal Energy Regulatory Commission. Now financial analysts are concerned about the outcome.
Energy / FirstEnergy

FirstEnergy nuke subsidy testimony begins, $300 million a year at stake

CLEVELAND — “FirstEnergy’s latest effort to funnel more money from its customers to its struggling power plants got under way late Tuesday with a plea to lawmakers from the company’s top executive. ‘Ohio cannot afford to continue heading down a path that could lead to less fuel-diverse and fewer homegrown […]

Today’s energy jobs are in solar, not coal
Coal / Energy

Today’s energy jobs are in solar, not coal

NEW YORK, NY – “President Trump has promised to revive the coal industry and double down on fossil fuels, creating “so many energy jobs,” but he has not focused on the increasingly important role of renewable power in America’s energy economy. Last year, the solar industry employed many more Americans […]

Davis-Besse Nuclear Power Station cooling tower in July 2015 (Credit: Gregory Varnum, Creative Commons).
Energy / FirstEnergy

Exelon-style nuke bailouts threaten wind, solar

NEW YORK, NY — “The push to save U.S. nuclear plants for the sake of fighting climate change is threatening support for the bread and butter of clean power: wind and solar. New York and Illinois have already approved as much as $10 billion in subsidies to keep struggling reactors […]

The Bruce Mansfield coal power plant can be seen through the windows of the Robert Dean Moore, a towboat with the Murray American River Towing, on the Ohio River on October 7, 2015 (credit: Andrew Rush/Pittsburgh Post-Gazette).
FirstEnergy

FirstEnergy awaits judgement that may hasten bankruptcy

PITTSBURGH, PA — “As FirstEnergy Corp., one of the largest electric utility companies in the U.S., is barreling toward a verdict on what to do about its money-losing power plant subsidiaries, a dispute with a couple of railroads may force the company’s hand. A decision in one of several contract […]

Editorial: Reject this pitch for corporate welfare
FirstEnergy / Nuclear Energy

Editorial: Reject this pitch for corporate welfare

TOLEDO — “FirstEnergy thinks that the nuclear power created at its Davis-Besse and Perry plants is so valuable to Ohio energy customers that they should pay a 5-percent hike in their power bills to support them. In the state Senate, a bill introduced by Republicans John Eklund of Geauga County […]

Perry Nuclear Power Plant (Credit: Jerry Sharp/Shutterstock)
FirstEnergy / Nuclear Energy

Eklund makes case for nuclear subsidy plan, denies any conflict

COLUMBUS — “The utility that owns Ohio’s two nuclear power sites say it needs to charge its customers more in order save the struggling plants. The senator who’s proposing a bill that would allow that to happen is accused of having a conflict of interest. Sen. John Eklund of Chardon […]

Official statement on SB 128 by Rachael Belz,  Ohio Citizen Action Executive Director
Energy / FirstEnergy

Official statement on SB 128 by Rachael Belz, Ohio Citizen Action Executive Director

FirstEnergy would have us believe their desire for a Zero Emission Credit (ZEC) program in Ohio, as proposed in SB 128,  is about incentivizing low-carbon energy generation. If that were true, they would have made more significant investments in renewable energy projects and not dispatched legions of lobbyists to Columbus […]

Credit: Neal Wellons (Creative Commons)
FirstEnergy / Nuclear Energy

Ohio nuclear bill could clash with federal law, conceals info from public

COLUMBUS — “A bill to subsidize FirstEnergy’s Davis-Besse and Perry nuclear plants presents potential conflicts under Ohio and federal law. Senate Bill 128 would implement FirstEnergy’s zero-emission nuclear, or ZEN, program to have its Ohio utilities’ two million distribution customers pay above-market prices for as much as $57 per year […]