Energy / FirstEnergy

Nuclear subsidies distort markets, hurt business, say FirstEnergy opponents

Cartoon by Rich Williams Illustration, Crain’s Cleveland Business.

CLEVELAND — “Business and consumer groups joined forces Tuesday to oppose FirstEnergy’s plan to change Ohio law to create new subsidies for the power company’s nuclear power plants.

On the opposite side, supporting FirstEnergy, were unions, a contractor’s group, and the Perry local school district, which benefits from taxes from the Perry nuclear power plant.

The Ohio Manufacturers’ Association, the Ohio Consumers’ Counsel, the Lordstown Energy Center, Dynegy, now the state’s largest owner of coal-fired power plants, the American Petroleum Institute and the Electric Power Supply Association were among more than a dozen groups testifying against enabling legislation before the Ohio House Public Utilities Committee.

…Other opponents included the Ohio Environmental Council, AARP Ohio, the League of Women Voters of Ohio, Ohio Citizen Action the Environmental Defense Fund and the Nuclear Information and Resource Service.

FirstEnergy initially asked that lawmakers vote on the bill by June 30, but at this point that is not expected to happen.

All of the testimony is posted on the committee’s website.

— John Funk, Cleveland Plain Dealer

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