Coal

AEP loses out as regulators reject deal for guaranteed income
AEP / Coal / Energy

AEP loses out as regulators reject deal for guaranteed income

COLUMBUS — “Regulators have rejected American Electric Power Company Inc.’s controversial proposal to guarantee the utility a profit on its stake in a coal-fired Ohio power plant, but they left the door open for future plans. The Public Utilities Commission of Ohio decided Wednesday that a so-called power purchase agreement […]

The Davis-Besse nuclear power plant might not survive, says FirstEnergy, unless its gets special treatment from the PUCO.
AEP / Coal / Energy

PUCO rejects deal to have ratepayers subsidize a coal-fired power plant

COLUMBUS — “The Public Utilities Commission of Ohio made history Wednesday by declining to allow AEP Ohio to have ratepayers subsidize the continued operation of a 1950s-era coal-fired power plant it owns along with FirstEnergy and other state utilities. The decision — immediately applauded by consumer and environmental groups — […]

AEP’s plan for guaranteed coal-plant income rejected
AEP / Energy

AEP’s plan for guaranteed coal-plant income rejected

COLUMBUS — “Ohio utility regulators have rejected an American Electric Power proposal to guarantee income from two coal plants. Regulators said the plan was legal but would not benefit consumers. The coal-plant decision, which is part of a larger AEP rate case mostly approved today, has wide-ranging ramifications. Two other […]

Supreme Court review of mercury rules could impact Ohio
Clean Power Plan / Coal

Supreme Court review of mercury rules could impact Ohio

WASHINGTON, DC — “A case currently before the Supreme Court could decide whether coal-fired power plants can escape federal rules for mercury and other hazardous air emissions. The case has important consequences for Ohio and other parts of the Midwest. On the one hand, utilities and other challengers argue that […]

FirstEnergy CEO Chuck Jones is poised to remake the company
Coal / Energy / FirstEnergy

FirstEnergy CEO Chuck Jones is poised to remake the company

AKRON — “FirstEnergy has run — not walked — away from its unregulated subsidiary FirstEnergy Solutions, which has owned all of the power plants since 2005. FES now operates conservatively, for example, by not booking orders for every megawatt it is capable of generating, but holding back some in case […]

Dynegy lobbying against AEP’s power purchase agreement plan
AEP / Coal / Energy

Dynegy lobbying against AEP’s power purchase agreement plan

COLUMBUS — “American Electric Power Company Inc. (NYSE:AEP) is a stalwart of the Ohio business community, employing thousands throughout the state and in Central Ohio. So when the utility talks about its problems, political heavyweights tend to listen. Dynegy is a new player in the state, last year spending $2.8 […]

AEP power purchase agreement decision expected soon
AEP / Coal / Energy

AEP power purchase agreement decision expected soon

COLUMBUS — “American Electric Power Company Inc. could hear as soon as next week if it’ll be able to go ahead with its controversial proposal to guarantee income from a coal-burning plant. The Public Utilities Commission of Ohio could issue an order as soon as next Thursday on its initial […]

The Davis-Besse Nuclear Power Station at Oak Harbor, Ohio, would have a guaranteed buyer for all its output if the PUCO approves a FirstEnergy plan. Photo by Kathiann M. Kowalski.
AEP / Coal / Duke Energy / Energy / FirstEnergy

Ohio utility “bailouts” could impact capacity market

COLUMBUS — “If some plants will have all costs paid in any case, owners are more likely to offer their megawatts into the capacity auction at lower prices. PJM rules require a minimum price for some new sources of electricity generation. As a general rule, though, existing sources have far […]

Montana and Wyoming see EPA coal rules differently
Clean Power Plan / Coal

Montana and Wyoming see EPA coal rules differently

The country’s top coal producers are pursuing radically different approaches to the Clean Power Plan WHEATLAND, WY — “The sentiment underscores the difficulty facing policymakers in Wyoming and Montana. Both are among the country’s top coal producers, and both rely on coal for the majority of their electricity generation. Despite […]

Late bill? Duke Energy snaps off the lights
Duke Energy / Energy

Late bill? Duke Energy snaps off the lights

Enquirer analysis shows utility disconnects 13% of its customers, twice Ohio’s average CINCINNATI — “Duke Energy has cut off electricity to more than one in eight of its Ohio customers as the utility grapples with the state’s most tardy bill payers. An Enquirer analysis of state disclosures shows Duke cut […]