Nuclear Energy

The Beaver Valley Nuclear Power Plant near Shippingport, Pennsylvania.
Nuclear Energy

Industry meltdown: Is the era of nuclear power coming to an end?

NEW HAVEN, CT — “Is the nuclear power industry in its death throes?  Even some nuclear enthusiasts believe so. With the exception of China, most nations are moving away from nuclear — existing power plants across the United States are being shut early; new reactor designs are falling foul of […]

The more you learn about the proposed FirstEnergy bailout, the less you’ll like it
FirstEnergy / Nuclear Energy

The more you learn about the proposed FirstEnergy bailout, the less you’ll like it

COLUMBUS — “Last week’s hearing on FirstEnergy’s nuclear bailout saw numerous people testifying against the unnecessary subsidies. As a reminder, the Ohio-based utility wants everyday Ohioans to pay for its bad business decisions, and is trying to get a hefty bailout – to the tune of $5.25 billion – for […]

Credit: WikiMedia
Nuclear Energy

EIA: natural gas, renewables squeeze nuclear capacity

WASHINGTON, DC — “Nuclear energy is reliable and its generation produces no carbon emissions, but EIA says the long-term outlook for the industry is dim. The plants ‘make up a disproportionately large share of generation compared with their share of electricity generating capacity,’ EIA said in a research note. As […]

Dynegy CEO uses FirstEnergy’s words against it in nuclear-subsidy fight
FirstEnergy / Nuclear Energy

Dynegy CEO uses FirstEnergy’s words against it in nuclear-subsidy fight

COLUMBUS — “The CEO of Ohio’s largest power plant owner is using an electric utility’s own words against it in the latest battle over state energy policy. In new testimony, Dynegy Inc. CEO Bob Flexon laid out a lengthy list of reasons against proposed subsidies for FirstEnergy Corp. nuclear plants, […]

FirstEnergy has asked Ohio lawmakers to create new regulations awarding "zero emission credits," or ZECs, to its nuclear power plants, Davis-Besse east of Toledo and Perry east of Cleveland, in recognition that they do not contribute to air pollution. The ZECs would increase customer bills by 5 percent, could not be avoided even by customers buying power from other companies and provide the company with an additional $328 million a year for up to 16 years. At the same time, FirstEnergy has not ruled out selling the power plants (Credit: Cleveland Plain Dealer).
FirstEnergy / Nuclear Energy

FirstEnergy nuclear subsidy would thwart Ohio shale gas, kill jobs says API Ohio

CLEVELAND — “The politically powerful American Petroleum Institute is opposing FirstEnergy’s legislation raising power prices to subsidize its nuclear power plants because it’s a threat to Ohio’s shale gas development. FirstEnergy wants to raise about $328 million a year for up to 16 years, for a total cost of $5.25 […]

Davis Besse power plant near Oak Harbor (credit: Roger Lumpkin / ideastream)
FirstEnergy / Nuclear Energy

Residents fear a future without Davis Besse

CLEVELAND — “Ohio has two nuclear power plants – one is about 30 miles east of Cleveland. The other, Davis Besse, is 180 miles to the west. Both of their futures are up in the air right now: sale, closure, bankruptcy are all a possibility. And no matter what happens […]

Perry Nuclear Power Station as seen from Headlands State Park, Mentor, Ohio (Credit: Wainstead/Public Domain)
FirstEnergy / Nuclear Energy

FirstEnergy CEO says bill is no bailout

COLUMBUS — “FirstEnergy’s president on Tuesday urged lawmakers to require consumers to pay more to keep the lights on at its two struggling nuclear power plants, or permanently risk losing a reliable and valuable source of electricity. Chuck Jones dismissed suggestions that House Bill 178 and its companion Senate Bill […]

Editorial: Reject this pitch for corporate welfare
FirstEnergy / Nuclear Energy

Editorial: Reject this pitch for corporate welfare

TOLEDO — “FirstEnergy thinks that the nuclear power created at its Davis-Besse and Perry plants is so valuable to Ohio energy customers that they should pay a 5-percent hike in their power bills to support them. In the state Senate, a bill introduced by Republicans John Eklund of Geauga County […]

Perry Nuclear Power Plant (Credit: Jerry Sharp/Shutterstock)
FirstEnergy / Nuclear Energy

Eklund makes case for nuclear subsidy plan, denies any conflict

COLUMBUS — “The utility that owns Ohio’s two nuclear power sites say it needs to charge its customers more in order save the struggling plants. The senator who’s proposing a bill that would allow that to happen is accused of having a conflict of interest. Sen. John Eklund of Chardon […]

Credit: Neal Wellons (Creative Commons)
FirstEnergy / Nuclear Energy

Ohio nuclear bill could clash with federal law, conceals info from public

COLUMBUS — “A bill to subsidize FirstEnergy’s Davis-Besse and Perry nuclear plants presents potential conflicts under Ohio and federal law. Senate Bill 128 would implement FirstEnergy’s zero-emission nuclear, or ZEN, program to have its Ohio utilities’ two million distribution customers pay above-market prices for as much as $57 per year […]