FirstEnergy

FirstEnergy's downtown Akron headquarters.
Energy / FirstEnergy

Bankruptcy court OKs FirstEnergy Solutions settlement, setting stage for reorganization

AKRON — “U.S. Bankruptcy Judge Alan Koschik said late Tuesday that he will approve a complicated settlement of financial issues between FirstEnergy and its bankrupt subsidiary FirsrtEnergy Solutions. FirstEnergy will make a settlement payment of $225 million to FES and issue $628 million in notes for the subsidiary that will […]

100% Renewable Energy: Cleveland Sets a Big Goal as It Sheds Its Fossil Fuel Past
Energy / FirstEnergy / Renewable Energy / Solar Energy / Wind Energy

100% Renewable Energy: Cleveland Sets a Big Goal as It Sheds Its Fossil Fuel Past

Cleveland joins more than 80 U.S. cities that have committed to get all their electricity from renewable sources. But in Ohio, that might be easier said than done. CLEVELAND — “Cleveland, Ohio, which has worked for years to reinvent itself as it sheds its industrial past, has become the latest major […]

Company suspected of using plant closures to get subsidies
Coal / Energy / FirstEnergy

Company suspected of using plant closures to get subsidies

WASHINGTON, DC — “FirstEnergy Solutions, the power plant division of FirstEnergy Corp., filed for bankruptcy protection in April. The company has aggressively lobbied Washington for a federal lifeline for its ailing coal and nuclear facilities, which have been weighed down by low wholesale power prices and stiff competition from natural […]

Duke moves to stop FirstEnergy Solutions from exiting Ohio co-op
Duke Energy / Energy / FirstEnergy

Duke moves to stop FirstEnergy Solutions from exiting Ohio co-op

Consumer advocates are worried that a bankruptcy court decisionallowing FirstEnergy Solutions (FES) to withdraw from the Ohio Valley Electric Corporation (OVEC), which operates a pair of coal plants, could wind up raising prices for retail consumers. Both OVEC and Duke Energy of Ohio, which owns a part of the power cooperative, have filed for a […]

Ohio PUC details utility reform roadmap in PowerForward initiative
AEP / Duke Energy / Energy / FirstEnergy

Ohio PUC details utility reform roadmap in PowerForward initiative

The new roadmap, product of a year-long business model investigation, aims to create a level playing field for innovation on the utility distribution system. COLUMBUS — “How is a distribution system like an iPhone? That’s not a riddle; it’s a vision Ohio regulators have formed around the future of the grid, […]

Advocates seek assurance on decommissioning funds for FirstEnergy nuclear plants
Energy / FirstEnergy / Nuclear Energy

Advocates seek assurance on decommissioning funds for FirstEnergy nuclear plants

AKRON — “Environmental advocates have jumped another hurdle in their quest to make sure FirstEnergy and its subsidiaries provide enough funding for safe closure of their nuclear power plants. On August 2, the Nuclear Regulatory Commission made an initial recommendation to accept the Environmental Law & Policy Center’s petition for review on […]

Cuyahoga County to weigh in on lawsuit that threatens Brooklyn landfill solar farm
Energy / FirstEnergy / Renewable Energy / Solar Energy

Cuyahoga County to weigh in on lawsuit that threatens Brooklyn landfill solar farm

CLEVELAND — “A lawsuit filed by FirstEnergy’s Cleveland Electric llluminating Co. could derail a $10 million solar farm project at the closed Brooklyn landfill that is largely funded by Cuyahoga County. The county’s Board of Control approved $142,000 to hire Bricker & Eckler LLP to represent the county in the lawsuit. That hire […]

FirstEnergy won’t say what it’s done with Ohio grid modernization money
Energy / FirstEnergy

FirstEnergy won’t say what it’s done with Ohio grid modernization money

Ohio regulators let FirstEnergy collect $168 million a year from ratepayers with virtually no strings attached for how it is spent COLUMBUS — “Ohio ratepayers have paid FirstEnergy’s utilities roughly a quarter of a billion dollars since January 2017 under a distribution modernization rider. Now, critics say FirstEnergy is stalling on […]

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

Advocates: Don’t excuse FirstEnergy from safe closure, cleanup

Environmental groups want the bankruptcy court to keep FirstEnergy on the hook for decommissioning and cleanup. AKRON — “FirstEnergy Solutions’ bankruptcy should not excuse the company and its affiliates from the safe closure and cleanup of its power plants, environmental advocates say. A motion by four environmental groups asks the […]

FirstEnergy’s request for Trump relief draws more critics
Coal / Energy / FirstEnergy

FirstEnergy’s request for Trump relief draws more critics

TOLEDO — “The Office of the Ohio Consumers’ Counsel has filed a formal protest with U.S. Bankruptcy Judge Alan M. Koschik about FirstEnergy’s request for an emergency order from Mr. Perry to ensure the utility’s nuclear and coal-fired power plants remain economically viable. Created by the Ohio General Assembly in 1976, the […]