Huge power company pushes for FirstEnergy’s Ohio nuke plan: ‘As a nation, we are at a crossroads’

Huge power company pushes for FirstEnergy’s Ohio nuke plan: ‘As a nation, we are at a crossroads’

CHICAGO, IL — “Exelon Corp., the company that owns a quarter of the country’s nuclear power plants, is vouching for an Ohio utility’s plea for subsidies for its two nuclear plants. …’As a nation, we are at a crossroads,’ Joseph Dominguez, executive vice president for governmental and regulatory affairs and […]

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 […]

Photo by gerry_btr / Creative Commons

Capacity auction reveals Ohio’s backslide on energy efficiency

COLUMBUS — “The impact of a decision by Ohio lawmakers to weaken state energy efficiency requirements was clearly reflected in the results of a recent capacity auction, analysts say. The amount of energy efficiency from Ohio utilities that cleared the most recent capacity auction by grid operator PJM is down […]

Credit: Joe Navratil/Creative Commons

PJM auction brings good news, bad news for Ohio electric customers

ST. PAUL, MN — “Most of Ohio will pay less to make sure adequate electric capacity is available three years from now. But critics say that changes in the grid operator’s auction rules discriminate against certain types of clean energy and will lead to overpayments. …The good news of a […]

Cliff Hite, state senator from Findlay, Ohio.

Ohio Sen. Cliff Hite proposes loosening setbacks for wind developers

COLUMBUS — “An Ohio state senator is expected to introduce an amendment to the proposed state budget that would loosen the setback standards for wind turbines and potentially trigger billions of dollars of dormant wind farm development in the state. Ohio Sen. Cliff Hite, a Republican from Findlay, said his […]

FirstEnergy is rebuilding its system of high-voltage transmission lines and could spend up to $15 billion on upgrades in the next few years. The company owns 24,000 miles of high-voltage power lines.
Energy / FirstEnergy

Ohio electric utility rates challenged, have cost customers billions of dollars in hidden charges

CLEVELAND — “Nine years after passage of a state law that aimed to drive down customer electric bills and usher in an era of energy efficiency and green energy, a lone state lawmaker is trying to stop what has become a state-approved escalator of rising power bills. State Rep. Mark Romanchuk, […]

The bill in the Ohio House is limited to two coal-fired power plants owned by Ohio Valley Electric, a consortium of Ohio utilities that includes investor-owned companies like AEP and FirstEnergy, as well as electric cooperative Buckeye Power. photo: Columbus Dispatch
AEP / Coal / Energy / FirstEnergy

Bill in Ohio House would permanently subsidize 2 coal-fired power plants

COLUMBUS — “A new proposal in the Ohio House would provide a perpetual subsidy for two coal-fired power plants owned jointly by American Electric Power and just about every other major electricity utility in the state. House Bill 239 calls for the owners of Ohio Valley Electric Corp. to receive […]

Power lines outside of the Davis Besse nuclear power station east of Toledo. photo: The Toledo Blade
Energy / FirstEnergy

FirstEnergy still wants aid; Ohio House halts hearings

$300M a year sought to subsidize nuclear power plants COLUMBUS — “FirstEnergy’s president on Thursday sought to keep legislation on track in the Senate to authorize up to $300 million a year in customer subsidies for its two struggling nuclear power plants even as the House has halted hearings. ‘I […]

The Davis-Besse nuclear power plant would be more competitive under a new proposal from PJM Interconnection, the company that manages the high-voltage grid in Ohio and 12 other states. But plant owner FirstEnergy is asking for a customer surcharge to raise more money for its nuclear fleet (credit: Plain Dealer file).
FirstEnergy / Nuclear Energy

FirstEnergy CEO Chuck Jones appeals to Ohio Senate committee to support nuclear power subsidy

COLUMBUS — “FirstEnergy’s effort to persuade state lawmakers that its nuclear power plants won’t survive without a state-mandated customer surcharge is now focused on the Ohio Senate. FirstEnergy CEO Chuck Jones, accompanied by lobbyists, told members of the Senate Public Utilities Committee on Thursday that its Davis-Besse and Perry nuclear […]

The Perry nuclear power plant would get a consumer-paid subsidy if a proposal by its owner FirstEnergy is approved by Ohio lawmakers. The company is also hoping the Trump administration will re-design regional wholesale power markets to give more money to companies with large coal and nuclear power plants, even if the power the generate is more costly than that of wind and gas turbine plants. (photo: JOHN KUNTZ)
FirstEnergy / Nuclear Energy

Lucas Co. commissioners against new subsidies for FirstEnergy

TOLEDO — “Lucas County Commissioners today urged state lawmakers to reject a proposal to create new subsidies for FirstEnergy to shore up its struggling nuclear power plants and have the utility’s customers foot the bill through rate increases. House Bill 178, or the Zero Emission Nuclear credit bill, would provide a […]