FirstEnergy

A coal company CEO wants to buy FirstEnergy Solutions’ coal-fired power plants
Coal / Energy / FirstEnergy

A coal company CEO wants to buy FirstEnergy Solutions’ coal-fired power plants

An energy industry analyst says Robert Murray’s idea may not be doable CLEVELAND — “The head of one of the nation’s biggest coal companies says he can keep First Energy Solutions’ coal-fired power plants from shutting down. Murray Energy CEO Robert Murray tells Bloomberg news that if government subsidies are granted he can […]

FirstEnergy Solutions’ bankruptcy filing sparks concern about future
Energy / FirstEnergy

FirstEnergy Solutions’ bankruptcy filing sparks concern about future

CLEVELAND — “FirstEnergy’s efforts to re-make itself into a delivery-only electric utility — and maybe shed its power plant subsidiary FirstEnergy Solutions — has many people worried that power plants will shut down and Ohio will run short of electricity. The entire future is uncertain, but what’s known right now […]

Power grid manager PJM to Energy Department: There is no emergency
Energy / FirstEnergy

Power grid manager PJM to Energy Department: There is no emergency

CLEVELAND — “Power grid manager PJM Interconnection on Friday urged the U.S. Department of Energy not to take extraordinary action ordering subsidies to keep uncompetitive coal and nuclear power plants operating. FirstEnergy’s power plant subsidiary, FirstEnergy Solutions (FES), asked the DOE for the action on Thursday morning, about 18 hours after informing PJM and […]

Energy Secretary Rick Perry. Photo by Gage Skidmore, Wikimedia Commons
Energy / FirstEnergy / Nuclear Energy

Utility asks Perry to save coal, nuclear plants

WASHINGTON, DC — “FirstEnergy Corp. is seeking a declaration under section 202(c) of the Federal Power Act that certain coal and nuclear plants cannot close and that an electric grid operator pay plant operators enough to recover their costs. The order would apply to the PJM Interconnection, the nonprofit grid operator for […]

FirstEnergy Solutions begins bankruptcy
FirstEnergy / Nuclear Energy

FirstEnergy Solutions begins bankruptcy

AKRON — “Attorneys for FirstEnergy Solutions and six affiliated debtors are to appear in U.S. Bankruptcy Court Tuesday to begin Chapter 11 proceedings before Judge Alan M. Koschik, a move that parent company FirstEnergy Corp. sees as a necessary step for it to remain viable and start anew. FirstEnergy is one […]

FirstEnergy Solutions bankruptcy restructuring likely, power plants would be closed or sold
Energy / FirstEnergy / Nuclear Energy

FirstEnergy Solutions bankruptcy restructuring likely, power plants would be closed or sold

CLEVELAND — “Brutal competitive financial forces are poised to remake FirstEnergy into a utility without power plants and focused solely on delivering electricity. The Akron-based power company that a decade ago hired former George W. Bush administration Solicitor General Ted Olson to bully state lawmakers who were considering a return to […]

Here’s what utilities have promised to deliver on renewables, emissions
AEP / Coal / Energy / FirstEnergy

Here’s what utilities have promised to deliver on renewables, emissions

LANSING, MI — “A Midwest Energy News review of investor-owned utilities in the region found three-quarters of them have made voluntary renewable or emission pledges that go above and beyond what’s required under state laws. All but four of the 17 companies have set voluntary goals for renewables, emissions or both. Seven utilities have […]

Davis-Besse shut down for refueling
Energy / FirstEnergy

Davis-Besse shut down for refueling

CLEVELAND — “The FirstEnergy Nuclear Operating Co. has shut down the Davis-Besse nuclear reactor for refueling. The company said Monday it would replace about a third of the reactor’s 177 fuel rod assemblies and do other routine inspection and preventive maintenance of the power plant’s major components. More than 1,000 […]

Ohio utilities aren’t ready to share federal tax cut with customers
AEP / Energy / FirstEnergy

Ohio utilities aren’t ready to share federal tax cut with customers

COLUMBUS — “The full benefits of last year’s federal tax cuts haven’t trickled down to Ohio gas and electric bills, and if it’s up to the utilities it could be a while before that happens. Ohio utility regulators, like those in virtually every state, are deliberating on what to do with millions in tax savings […]

FirstEnergy Solutions failure appears inevitable says FE CEO
Energy / FirstEnergy

FirstEnergy Solutions failure appears inevitable says FE CEO

CLEVELAND — “FirstEnergy’s top executive Charles ‘Chuck’ Jones confirmed today what analysts have been whispering for months, that time is running out for the company’s power plant subsidiary, FirstEnergy Solutions. Jones told analysts during a public teleconference that FirstEnergy Solutions has been operating independently since early last year and that […]