Nuclear Energy

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’ […]

Operating a nuclear power plant is expensive, whether it involves re-fueling, major renovation work like FirstEnergy faced at Davis-Besse 15 years ago shown here, or federally ordered upgrades following the disaster at Fukushima. And now the nuclear industry faces tough competition from independent builders of gas turbine plants. FirstEnergy has been seeking new customer fees to keep its nuclear plants profitable. But even with the extra charges, the company would probably sell the plants because it no longer wants to risk competitive markets. (Plain Dealer file )
FirstEnergy / Nuclear Energy

FirstEnergy nuclear charges crucial to operating or selling Davis Besse, Perry, says CEO

AKRON — “FirstEnergy’s top executive says the company will continue to press Ohio lawmakers for new customer-paid subsidies for its nuclear power plants even though it may not own them in the future. ‘I am going to continue to fight for this … legislation because it is the right thing […]

The Davis-Besse nuclear power plant.
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Regardless of whether FirstEnergy nuke plants receive subsidies, electricity supply will remain reliable

CLEVELAND — “There will be no reliability issues with electricity in Northeast Ohio if the Ohio Legislature refuses to subsidize FirstEnergy Corp.’s nuclear plants in Toledo and Perry — or even if the plants close down. Those aren’t likely words that the Akron-based utility wants to hear as Ohio lawmakers […]

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

Bailout of 2 Ohio nuclear plants stalls in Statehouse

CLEVELAND — “A proposed bailout for Ohio’s two nuclear power plants that would lead to rate increases for FirstEnergy customers appears to be stalled in the Legislature. One legislative committee considering the idea suspended testimony last month amid protests against the plan while another committee held its fourth hearing this […]

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

FirstEnergy’s nuclear zero emission credits may have stalled

COLUMBUS — “FirstEnergy’s effort to convince state lawmakers that it must have more than $300 million a year in new customer charges to keep its nuclear power plants running is approaching a stall point. The Ohio Senate’s Public Utilities Committee wrapped up its fourth hearing Thursday on the special nuclear […]

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

New oil and gas industry poll: Majority of respondents ‘strongly opposed’ to special fees for FirstEnergy’s nuke plants

COLUMBUS — “An oil and gas group is using the power of the people to try to stave off an Ohio utility’s push to subsidize its nuclear power plants. API Ohio – which stands for American Petroleum Institute – released a poll of Ohio voters on Wednesday that gauges their […]

Credit: Wikimedia Commons
FirstEnergy / Nuclear Energy

PJM auction results could push nuke operators to ‘double down’ on subsidies

WASHINGTON, DC — “Prices in the PJM Interconnection’s capacity auction were once again disappointing for many generators, but for operators of nuclear power plants they could be a particularly troubling sign. The results could add to efforts to create nuclear subsidies and prove to be a turning point in the […]

Ohio State Representative Bill Seitz (Credit: James D. Decamp)
FirstEnergy / Nuclear Energy

Ohio lawmaker floats the idea of a customer opt-out of FirstEnergy’s nuclear subsidies

COLUMBUS — “Ohio lawmakers have tabled a plan to add a fee to the electric bills of FirstEnergy customers to help pay for the utility’s unprofitable nuclear plants. WKSU’s Jeff St.Clair reports that a key legislator is floating an alternative solution. FirstEnergy says it needs the $300 million per year […]