FirstEnergy

The Davis Besse nuclear plant is among those covered by a proposed FirstEnergy settlement. 
Photo by Marc Haserodt / Creative Commons
Energy / FirstEnergy / Nuclear Energy

Ohio needs a clean energy future, not a no-strings-attached bailout

AKRON — “It’s understandable that FirstEnergy’s hometown newspaper, the Akron Beacon Journal, supports its own utility monopoly. Yet justifying that support and advocating for FirstEnergy’s proposed nuclear bailout on environmental grounds is a surprise…and misdirected. FirstEnergy’s proposal merely is yet another attempt to force customers to prop up its uneconomic power plants. […]

The Davis-Besse nuclear power plant would survive under a U.S. Department of Energy plan to allow plant owner FirstEnergy to sell power into competitive wholesale markets at what it cost to make. The markets now focus on the lowest priced power, a practice that has lowered customer power prices but hurt the owner of large coal and nuclear plants, which cannot compete in today's markets. (Plain Dealer file )
Coal / Energy / FirstEnergy / Nuclear Energy

Subsidizing coal and nuclear power plants would not be legal, says PJM

CLEVELAND — “The independent company that manages competitive wholesale power markets in Ohio and 12 other states believes a federal proposal to subsidize the owners of old nuclear and coal plants is unworkable and would not even be legal. The U.S. Department of Energy proposal ‘is simply unworkable,’ said Andrew Ott, […]

Saving coal, nuclear plants pits FirstEnergy against PUCO before federal regulators
Energy / FirstEnergy / Nuclear Energy

Saving coal, nuclear plants pits FirstEnergy against PUCO before federal regulators

CLEVELAND — The Public Utilities Commission of Ohio (PUCO) will oppose a federal initiative aimed at coming up with a quick fix to the competitive problems of old coal and nuclear plants owned by FirstEnergy and other traditional utilities. PUCO on Friday voted to urge the Federal Energy Regulatory Commission to reject […]

FirstEnergy nuclear charges still before lawmakers, opponents fight earlier increases at Supreme Court
Energy / FirstEnergy / Nuclear Energy

FirstEnergy nuclear charges still before lawmakers, opponents fight earlier increases at Supreme Court

CLEVELAND — “FirstEnergy’s legislative supporters have introduced a new bill in the Ohio House that would create special customer charges to subsidize the company’s nuclear power plants because they cannot compete with new ultra-efficient gas turbine power plants. House Bill 381 would cost customers less than an earlier proposal — […]

With the possibility of Davis-Besse Nuclear Power Station closing next year, FirstEnergy Nuclear Operating Co.'s president and chief nuclear officer Sam Belcher talks about the options to close a nuclear power plant: decommissioning or safe store (Credit: Molly Corfman/The News-Messenger).
FirstEnergy / Nuclear Energy

Efforts ramp up to save or sell Davis-Besse

OAK HARBOR — “There’s still a chance that FirstEnergy could find a willing buyer or legislative remedy for its Davis-Besse Nuclear Power Station, which could close next year. Before the company finishes its review in 2018 and makes a decision on the Davis-Besse site, FirstEnergy is also waiting to hear soon […]

FirstEnergy's Perry nuclear power plant (credit: News-Herald file photo).
FirstEnergy / Nuclear Energy

Ohio’s nuclear future uncertain, subsidies in New York, Illinois get court victories

COLUMBUS — “Bills going through the Ohio legislature that would subsidize the state’s two nuclear power plants have stalled, but similar energy credits approved in Illinois and New York have won their first round of legal battles. FirstEnergy has been lobbying for a Zero Emission Nuclear Resource Program or ‘ZEN’ […]

IEEFA Update: FirstEnergy, out of step with the times, sells gas and hydro assets to shore up fading coal-fired plants
Coal / FirstEnergy

IEEFA Update: FirstEnergy, out of step with the times, sells gas and hydro assets to shore up fading coal-fired plants

As American electricity markets modernize, an Ohio utility stays the same CLEVELAND — “If there’s a standout feature in today’s fast-changing electricity-generation landscape, it’s that coal-fired and nuclear power plants cannot compete with those that run on natural gas or renewable energy. This will remain the case for the foreseeable […]

Jessica Smith-Szabo, staff director for Ohio Citizen Action, addresses the crowd in Columbus at a rally protesting FirstEnergy’s utility bailout request in April 2015.
Coal / Energy / FirstEnergy

FirstEnergy filing could delay court ruling in ‘bailout’ case

COLUMBUS — “Despite a big win from Ohio regulators last month, FirstEnergy has filed papers asking for still more review. The move could ultimately delay a court ruling on a $200 million per year charge to prop up the company’s credit rating. At issue is a ‘distribution modernization rider’ that the Public […]

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 […]

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 […]