FirstEnergy

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

FirstEnergy exec calls for ‘urgent aid’

OAK HARBOR — “Calling warnings of the Davis-Besse nuclear power plant’s premature closure ‘real’ and the need for a bailout ‘urgent,’ FirstEnergy Corp.’s top nuclear official left little doubt Friday that Ottawa County’s largest employer is in trouble. Sam Belcher, FirstEnergy’s chief nuclear officer, said the utility’s other nuclear plants […]

The Davis-Besse nuclear plant on Lake Erie east of Toledo.
FirstEnergy / Nuclear Energy

Living without Davis-Besse?

OAK HARBOR — “Living in the shadows of the Davis-Besse nuclear power plant’s cooling tower, which soars above Lake Erie in Ohio like an oversized lighthouse, brings with it some give-and-take. On the plus side, it generates tax money that once paid for a high school swimming pool and auditorium. […]

FirstEnergy had a rough first three quarters in 2015, but finished the year, overall strong. (Courtesy of FirstEnergy)
FirstEnergy

FirstEnergy to offer discount it says will undercut NOPEC’s rates

AKRON — “A little more than four months after their highly publicized split, Akron-based FirstEnergy Solutions and the Solon-based Northeast Ohio Public Energy Council are in full competition mode. With a new discount for customers, FirstEnergy may have just fired the initial shot of their first major battle — one […]

Davis Besse nuclear power plant (Creative Commons)
FirstEnergy / Nuclear Energy

All eyes on Davis-Besse

CARROLL TOWNSHIP —  “At almost 500 feet above the ground, Davis-Besse Nuclear Power Station’s cooling tower has loomed over Lake Erie like a concrete lighthouse for 40 years, with a water vapor plume that can be seen more than 30 miles away on a clear day. …But nuclear power plants are […]

FirstEnergy’s dim idea
Energy / FirstEnergy

FirstEnergy’s dim idea

TOLEDO — “FirstEnergy thinks its Davis-Besse and Perry nuclear power plants are so wonderful that Ohioans should pay 5 percent more on their electric bills for the privilege of sharing a state with them. …FirstEnergy also argues that unlike facilities that rely on wind and sunlight, nuclear plants operate around […]

FirstEnergy's nuclear subsidy proposal cannot be found on the company's website.
FirstEnergy / Utilities

FirstEnergy rate increase for nuclear still shadowy but opponents lining up

CLEVELAND — “FirstEnergy’s plan to convince Ohio lawmakers they should save the company’s nuclear reactors by funneling more money from customers to the company has still not seen the legislative light of day. But for certain, the company has shopped its proposal to key lawmakers with a full-color, professional-looking, authoritative […]

Crain’s editorial: Power play
Energy / FirstEnergy

Crain’s editorial: Power play

CLEVELAND — “There’s no doubt FirstEnergy Corp. finds itself in a serious financial crunch. But Ohio legislators should proceed with caution when it comes to the Akron company’s desire for so-called “zero emission credits” (ZEC) for its nuclear plants in the state. FirstEnergy reported a loss of $6.2 billion, or […]

FirstEnergy's Perry nuclear plant. Photo By
Wainstead / Creative Commons
Energy / FirstEnergy

New Ohio ‘bailout’ request shakes up nuclear/carbon debate

CLEVELAND — “The growing debate over nuclear power’s role in curbing emissions is running headlong into an ongoing controversy over “bailouts” for Ohio’s largest utility. FirstEnergy, which has previously sought support for noncompetitive power plants, is now asking Ohio lawmakers for ‘zero emission credits’ for its aging nuclear plants. Environmental […]

Future of power plants is pricey concern for investors
Energy / FirstEnergy

Future of power plants is pricey concern for investors

COLUMBUS — “Investors putting billions of dollars into natural gas-fired electric plants in Ohio say they’re concerned state legislators might make their investments virtually worthless by re-regulating the state’s electric industry. ‘They want to kick us out of Ohio,’ contends Bill Siderewicz, president of Clean Energy Future, a Boston company […]

The Davis-Besse Nuclear Power Station (Credit: NRC)
FirstEnergy / Nuclear Energy

FirstEnergy talks bankruptcy and need for bailout of its nuclear plants

AKRON — “FirstEnergy Corp. executives used two words a lot when discussing the company’s financial position and its plans to exit the nuclear power business when they spoke with analysts Wednesday, Feb. 22: ‘bankruptcy’ and ‘billions.’ The Akron-based company might be working to position itself for better treatment from state […]