Energy

Ohio ratepayers get short shrift in state’s refusal to embrace renewables and efficiency programs

Energy / Freeze on Clean Energy

Ohio ratepayers get short shrift in state’s refusal to embrace renewables and efficiency programs


A new report shows legislative recalcitrance costing consumers and businesses $3 billion; Regressive policies seen as a sop to utilities CLEVELAND — “Reinstating Ohio’s renewable energy and energy efficiency standards would result in billions of dollars of savings for Ohio ratepayers through 2030. That’s the conclusion of a new Wind […]

Coal / Energy / FirstEnergy

FirstEnergy electricity rates falling next week, PUCO approves new rate plan

COLUMBUS — “While lower power prices are the main reason for the lower bills, other adjustments included in the company’s new comprehensive eight-year rate plan will also affect customer bills. The Public Utilities Commission of Ohio approved the complicated rate plan without discussion Wednesday in a vote that seemed anti-climatic […]

Global clean energy employment rose 5% in 2015, figures show
Energy

Global clean energy employment rose 5% in 2015, figures show

More than 8 million people were employed worldwide in the renewable energy sector last year as rapidly falling costs drove growth in the industry LONDON, ENGLAND — “Across the world, employment in renewable energy grew by 5% in 2015, boosted by supportive government policies and subsidies including tax credits in […]

Efficiency, gas plants push PJM capacity auction prices below expectations
Coal / Energy

Efficiency, gas plants push PJM capacity auction prices below expectations

WASHINGTON, DC — “PJM’s capacity auction continues to showcase the rise of efficiency and demand management, and the end result may be continued pressure on marginal plants. ‘Prices were lower than some analysts had expected and lower than the last year’s auction results simply because of market fundamentals of changes […]

AEP / Energy / FirstEnergy

Will Ohio’s energy industry be re-regulated?

COLUMBUS — “AEP and FirstEnergy customers were on a path where they were going to see increases on their electric bills. Those increases would’ve propped up coal plants that don’t perform well in the market. But the Federal Energy Regulatory Commission — or FERC — stepped in and blocked the […]

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.
Coal / Energy / FirstEnergy

FirstEnergy mum on fate of two old Ohio power plants in regional auction

CLEVELAND — “FirstEnergy would not discuss the fate of its power plants Tuesday night in the annual 13-state auction that grid manager PJM held to identify the most economic power plants that will still be operating in 2019. A flock of new gas-fired power plants jumped into the PJM competition this […]

Ivanpah, the world's largest solar farm, was funded largely by Google.
Energy

Electricity providers of the future: Not your grandmother’s utility

OAKLAND, CA — “Ohio-based FirstEnergy is the poster child of utilities clinging to the past. But its actions reflect a greater trend that, if allowed to advance, would disrupt markets and discourage innovation in the U.S. electricity industry. Over the past two years, FirstEnergy pleaded with Ohio regulators to bail […]

Crews work on a solar farm near Minster, Ohio.  Photo: American Renewable Energy and Power
Energy / Freeze on Clean Energy

Advocates: Language in Ohio bill would ‘basically shut down’ solar

COLUMBUS — “A bill to extend the “freeze” of Ohio’s renewable energy and efficiency standards also contains provisions that would undermine solar growth in the state, advocates say. SB 320, which was introduced last month, “is unprecedented as far as what it’s proposing,” said Amy Heart, senior manager of public policy […]

Lake Erie Energy Development Corporation (LEEDCo) Announces Selection of a Developer for Lake Erie Wind Farm. (PRNewsFoto/Lake Erie Energy Development Corporation)
Energy

U.S. DOE awards $3.7 million to Lake Erie wind turbine project

CLEVELAND — “The U.S. Department of Energy is advancing another $3.7 million to the Lake Erie Energy Development Corp. to continue engineering work on a proposed wind turbine project in Lake Erie about seven to 10 miles northwest of downtown Cleveland. … LEEDCo is aiming to build a 20-megawatt demonstration project, […]

FirstEnergy rate plan gets retooled
Coal / Energy / FirstEnergy

FirstEnergy rate plan gets retooled

COLUMBUS — “A scuttled rate plan by FirstEnergy Corp. that would have charged customers possibly $4 billion over the next eight years to subsidize the utility’s economically noncompetitive coal and nuclear power plants has been revised to allow it to create what amounts to a rainy day fund. That fund, […]