Energy / FirstEnergy

FES to ask state for customer-paid subsidy to save nuclear plants

The Davis-Besse Nuclear Power Station (Credit: NRC)

CLEVELAND — “FirstEnergy Solutions is hoping to emerge from federal bankruptcy court as a competitive nuclear power company, backed by new state subsidies and operating under new federally mandated market rules.

The company already has begun the groundwork for that transformation, hiring a team of experienced lobbyists who have been quietly talking to state lawmakers about developing new legislation to subsidize the continuing operation of the Perry nuclear power plant in Lake County and the Davis-Besse nuclear plant in Ottawa County, east of Toledo.

Simultaneously, the company has begun bankrolling a new grassroots campaign consisting of locally elected mayors, commissioners and school officials, as well as trade unions and economic development groups.”

— John Funk, Cleveland Plain Dealer

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