Energy

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 […]

China is crushing the U.S. in renewable energy
Coal / Energy

China is crushing the U.S. in renewable energy

China may be the planet’s biggest polluter but it’s also powering ahead of other countries on renewable energy HONG KONG — “As the Trump administration yanks the U.S. out of the Paris climate change agreement, claiming it will hurt the American economy, Beijing is investing hundreds of billions of dollars […]

Wind turbines have become increasingly efficient, as longer wind blades have been developed. photo: Christian Charisius/Reuters
Climate Change / Energy

US will meet Paris accord commitments even if Donald Trump withdraws, says report

Renewable energy will be the cheapest form of power in almost every country by 2020, analysts claim LONDON, ENGLAND — “The plummeting cost of renewable energy means even if Donald Trump pulls the US out of the Paris climate change accord, America will still meet its commitments in the agreement, a new report has […]

Letter: Taxpayers shouldn’t prop up FirstEnergy
FirstEnergy / Ohio Utility Bailouts

Letter: Taxpayers shouldn’t prop up FirstEnergy

COLUMBUS — “Ohio’s legislators just shot down a measure that would have increased electricity rates so utility giants could bolster their finances and credit ratings. The state’s regulators should do the same. FirstEnergy and other utilities in recent years have made numerous bad business decisions, particularly their investments in old […]

Huntley Alliance members Rebecca Newberry (top left), Richard Lipsitz (top right), Peter Stuhlmiller (bottom left), Diana Strablow (bottom right)   photo: Elizabeth McGowan
Coal / Energy

A working-class Buffalo suburb retired a coal plant the right way

TONAWANDA, NY — “In just five years, between 2008 and 2012, Huntley’s pre-tax earnings tumbled by $113 million as it operated far below capacity, translating into a combined revenue hit of at least $6.2 million to the town, county, and local school district. That precipitous decline came when state education […]

$4.2 billion wind stymied in Ohio: House refuses to ease restrictive zoning
Energy

$4.2 billion wind stymied in Ohio: House refuses to ease restrictive zoning

CLEVELAND — “Ohio lawmakers are not going to allow electric utilities to seek rate increases solely to buttress sagging credit ratings, as requested by one state utility And they are shutting the door on more than $4.2 billion in new wind farm investment that has been blocked by restrictive state […]

The Ohio Statehouse in Columbus (Credit: Ohio Department of Development).
Energy

Increasing electric bills to bolster a utility credit rating opposed

CLEVELAND — “A proposal allowing electric utilities to ask for a rate increase to keep their credit rating healthy has run into a buzz saw of opposition. The latest count is that nine organizations representing consumers, businesses both small and large and the state’s major industries are firing opposition letters […]

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 […]

The Oregon Clean Energy Center, an 860-megawatt gas turbine power plant east of Toledo, is expected to begin commercial operations within weeks. Private developers raised the $800 million to build the plant, which will sell its power into wholesale electric markets. Oregon's developers are building a similar plant in Lordstown and are seeking permits to build a second plant at each location. Utility legislation pending before the Ohio legislature to subsidize old nuclear and coal power plants could derail those plans. (Oregon Clean Energy Center)
AEP / Coal / Energy / FirstEnergy / Utilities

Electric bill increases guaranteed in Ohio if certain legislation passes

CLEVELAND — “A power struggle has erupted in the Statehouse pitting Ohio’s traditional electric utilities against new independent power producers, as well as consumer, environmental and business groups wary of rate increases. The outcome will have an impact not only on what consumers will pay for power in the future, but […]

U.S. power plant emissions fall to near 1990 levels, decoupling from GDP growth
Coal / Energy

U.S. power plant emissions fall to near 1990 levels, decoupling from GDP growth

The economy is growing as carbon dioxide emissions fall and renewable energy rises. A new report examines the carbon footprint of the top electricity generator WASHINGTON, DC — “Emissions from the nation’s power generators have been on the decline, even as the economy has grown—providing evidence that contradicts pro-coal arguments […]