CLEVELAND — “Three coal-fired power plants in Ohio will not be shut down after all, at least not in the short-run, saving an undetermined number of jobs.
FirstEnergy will not be permitted to immediately close its smaller plants in Ashtabula, Eastlake and Cleveland.
PJM Interconnection, the independent company that manages the high-voltage grid from Ohio to the East Coast, has determined that the closings would cause major voltage inadequacies and equipment overheating in the regional grid.
But it will cost rate payers a little extra to keep the plants operating and to pay for about $1 billion in ordered upgrades to the company’s high-voltage transmission system in the next three years.”
— John Funk, The Plain Dealer
Read the whole story: http://www.cleveland.com/business/index.ssf/2012/05/firstenergy_will_keep_some_of.html