FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Deadline is blown, but Ohio nuclear plant operators say there’s still time for bailout

Davis-Besse Nuclear Power Plant

“Rep. Mark Romanchuk, R-Ontario, said the Davis-Besse plant east of Toledo and the Perry Nuclear Power Plant northeast of Cleveland have received $10.2 billion in state subsidies since 1999.

‘I think that’s enough,’ he said.

Both plants are operated by Akron-based FirstEnergy Solutions, which asked for the state bailout. FirstEnergy Solutions had said that Sunday was a hard deadline because it requires months of lead time to order and then process $52 million in fuel for the Davis-Besse reactor. But after the Ohio Senate Energy and Public Utilities Committee adjourned Sunday having considered just two of 57 amendments to the controversial legislation, House Bill 6, the company on Monday issued a statement that left some wiggle room.

‘While FES is optimistic about the outcome for HB6, the company remains unable to purchase the fuel required for Davis-Besse’s next refueling cycle without the certainty of critical legislative support,’ the company said in a statement. ‘We remain on path for a safe deactivation and decommissioning. Should we receive the long-term certainty that comes with an affirmative vote within this time frame, we will immediately reevaluate our options.'”

— Marty Schladen, The Columbus Dispatch

read more

Tags: , , , ,