Energy

DOE report blames natural gas for closures
Coal / Energy

DOE report blames natural gas for closures

WASHINGTON, DC — “A long-awaited Energy Department staff report on electricity markets and reliability singles out natural gas — not renewables or environmental regulations — as the leading driver of coal plant closures in this decade, challenging the Trump administration’s case for saving coal. ‘The biggest contributor to coal and […]

Standard & Poor's has downgraded the bond rating of FirstEnergy Solutions, the unregulated subsidiary of FirstEnergy Corp., because it believes the company will file for bankruptcy protection before 2018. S&P's in the same week raised its outlook for parent company FirstEnergy because it believes the corporation will sell off or somehow move its power plants into a regulated company (Plain Dealer file).
FirstEnergy

FirstEnergy Solutions downgraded on bankruptcy expectation, FE parent seen as stable

CLEVELAND — “Standard & Poor’s has further lowered its ratings for bonds sold by FirstEnergy Solutions because it believes the company’s negotiations with creditors is a first step toward its seeking bankruptcy protection. At the same time, S&P has revised its outlook for parent company FirstEnergy Corp. from negative to […]

Will the U.S. ever build another big coal plant?
AEP / Climate Change / Coal / Energy

Will the U.S. ever build another big coal plant?

The coal industry is contracting as plants retire and utilities replace them with natural gas and renewables WASHINGTON, DC — “About 16 percent of the U.S. coal fleet has retired in the past five years, but don’t expect major new coal-fired plants to fill that void. The federal government counts […]

State regulators approved a plan to help subsidize the Davis-Besse Plant in Ottawa County and other power plants across Ohio by having customers act like investors.
Energy / FirstEnergy

Kasich not backing bailout for Ohio nuclear plants

Governor says FirstEnergy needs to figure out how to keep facilities operating OREGON — “Gov. John Kasich said Monday that he can’t see supporting a proposed financial rescue that FirstEnergy Corp. maintains is needed to keep alive the state’s two aging nuclear plants. He said it’s up to the utility to […]

Harnessing the wind: Ohio ranks among top 10 for distributed wind energy
Energy / Renewable Energy / Wind Energy

Harnessing the wind: Ohio ranks among top 10 for distributed wind energy

ADA — “Ohio’s wind power capacity is experiencing strong growth despite legislative setbacks and opposition from local groups that are against the construction of large-scale wind farms. In 2016, Ohio installed 102 megawatts of utility-scale wind capacity — that is, capacity from wind farms used for bulk power. These projects […]

FirstEnergy headquarters in Akron.
Coal / Energy / FirstEnergy

PUCO rejects challenge to FirstEnergy special subsidy, you’ll keep paying more

CLEVELAND — “The Public Utilities Commission of Ohio today rejected multiple appeals of its October 2016 ruling giving FirstEnergy an extra $204 million a year for up to five years, officially for upgrades to the company’s local wires and substations, but say opponents, actually allowing the company to use the money in […]

Ohio Statehouse (Wikimedia Commons)
Coal / Energy / FirstEnergy / Renewable Energy

As Ohio legislature regroups, power plant subsidy debate to continue

COLUMBUS — “As the Ohio legislative session resumes next month, subsidies for nuclear generation and 1950s-era coal plants are expected to once again be on the table. Other pending electricity bills deal with renewable energy, energy efficiency, corporate separation of utilities and consumer protections. The outcome could shape Ohio’s electricity […]

Dick Munson is EDF's Director, Midwest Clean Energy.
Coal / Energy / FirstEnergy

Tomorrow is judgement day for FirstEnergy’s bailout

COLUMBUS — “Tomorrow, the Public Utilities Commission of Ohio (PUCO) will issue its rehearing order on FirstEnergy’s bailout plea. If, like us, you have vacation brain, here’s a refresher: Last October, the PUCO gave a tentative $625-million subsidy to reduce FirstEnergy’s debt associated with its bad business decisions. Admittedly less than the […]

Ohio now a leader in small wind-power projects, federal report says
Energy / Renewable Energy / Wind Energy

Ohio now a leader in small wind-power projects, federal report says

COLUMBUS — “While giant wind farms get much of the attention, there is a small but steady market for more-modest wind energy projects at businesses and homes, and Ohio is a leader. Ohio added 1.54 megawatts of wind energy through these types of projects last year, which ranked seventh in […]

Report: Local solar & batteries can rapidly replace fossil fuel electricity
Duke Energy / Energy / Renewable Energy

Report: Local solar & batteries can rapidly replace fossil fuel electricity

Groundbreaking report reflects leaps in battery technology, is paired with Action Plan so cities and towns can act on pledges to help slow the climate crisis DURHAM, NC — “Recent leaps in battery technology, combined with falling solar power prices and energy-saving advances, mean North Carolina can replace all fossil […]