Nuclear Energy

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 […]

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. […]

Gas, wind, solar join to oppose Department of Energy’s proposal to save coal, nuclear plants
Coal / Energy / Nuclear Energy

Gas, wind, solar join to oppose Department of Energy’s proposal to save coal, nuclear plants

CLEVELAND — ” A Trump administration plan forcing wholesale electric markets to buy from FirstEnergy and other traditional power companies at above-market prices would violate federal law, destroy competition and lead to much-higher customer prices, contends a group of 20 trade groups representing natural gas, wind and solar power industries. …The trade […]

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, […]

The Vermont Yankee nuclear plant, formerly operated by Entergy Corp., shut down in 2014 (Credit: Nuclear Regulatory Commission/Wikipedia).
Nuclear Energy

Nuclear: When a town loses its economic center

VERNON, VT — “Ask Tim Arsenault how life is changing in this tiny riverfront town, and he’ll tell you about the little things. The cops used to keep a 24-hour watch in Vernon. To save money, the town dialed it back to 20. The library’s budget just got cut by […]

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 […]