Coal

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 […]

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, […]

From the power plant to your electric bill: Critical point for the future of energy in Ohio
Coal / Energy / Freeze on Clean Energy

From the power plant to your electric bill: Critical point for the future of energy in Ohio

COLUMBUS — “Also looming in Ohio are the green energy standards that require utilities to deliver a certain amount of renewable energy and the federal Clean Power Plan which strives to reduce the amount of carbon emissions. Republican Senator Bill Seitz of Cincinnati opposes those standards, but says all these […]

FirstEnergy reiterates its reliance on coal alongside green initiatives at annual meeting
Coal / Energy / FirstEnergy

FirstEnergy reiterates its reliance on coal alongside green initiatives at annual meeting

AKRON — “Energy efficiency, renewable energy and retiring coal-burning plants will be key tools as FirstEnergy Corp. moves toward producing cleaner energy, said President and CEO Charles E. Jones. But coal remains a key part of the company’s plans, he said Tuesday in response to a question at the company’s […]

Cathy Cowan Becker looks at electric bill in her Grove City home. Photo: Andy Chow
AEP / Coal / Energy / FirstEnergy

From the power plant to your electric bill: Federal ruling sets stage for big decisions

COLUMBUS — “What Cathy [Cowan Becker] and the 4.7 million other Ohio customers that pay for electricity might not realize yet is that the future of their electric bills and the energy industry are approaching a monumental moment. And a decision from federal regulators regarding coal plants may have set […]

AEP Ohio seeks developers for large-scale solar energy projects
AEP / Coal

AEP Ohio seeks developers for large-scale solar energy projects

COLUMBUS —”AEP committed to building 900 megawatts of wind and solar powered projects in the state as part of a December agreement with the Sierra Club. The environmental group dropped its once-heated opposition to AEP’s income-guarantee plan in large part because of the provision. The Columbus company’s Gahanna subsidiary, AEP […]

The Davis-Besse nuclear power plant near Oak Harbor does not compete well against new gas-fired power plants, says its owner FirstEnergy. The company convinced the state's regulators to approve an arrangement in which Illuminating Co., Ohio Edison and Toledo Edison customers will pay more to now Davis-Besse turns a profit. That arrangement still faces federal scrutiny.
Coal / Energy / FirstEnergy

Ohio regulators will consider FirstEnergy’s new customer surcharges, expect higher monthly bills

COLUMBUS — “State regulators have opened the door for another round of hearings that could give FirstEnergy a way to have customers indirectly subsidize its old uneconomic power plants. The Public Utilities Commission of Ohio decided Wednesday that it would take another look at the company’s previously approved rate case set […]

FirstEnergy throws a Hail Mary pass in its scheme to keep aging power plants alive

Coal / Energy / FirstEnergy

FirstEnergy throws a Hail Mary pass in its scheme to keep aging power plants alive


AKRON — “FirstEnergy plugs away in zombie-like fashion at its undying effort to make ratepayers pick up the tab on aging electricity plants whose time has passed. Despite having been delivered a major setback last week by the Federal Energy Regulator Commission, FirstEnergy is scrambling now for an end run […]