FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Ohio’s nuclear ‘bailout’ bill changed again. Here’s what you need to know.

The Perry Nuclear Power Station in Lake County, Ohio. Photo by
FirstEnergy Corp. / Flickr / Creative Commons

COLUMBUS — “Ohio’s bailout of two nuclear plants once again includes renewable energy from solar to wind energy, but changes might not appease critics of the controversial plan.

A panel of state senators on Wednesday made big changes to House Bill 6, which generated controversy for providing a hefty bailout to First Energy Solutions’ Ohio nuclear plants while scrapping programs favored by wind and solar generators.

‘All ratepayers in Ohio will share the cost of the nuclear relief,’ said Sen. Steve Wilson, R-Maineville, who leads the Senate committee reviewing the bill. The same is true for subsidies for two coal plants, energy efficiency and renewable energy requirements.

Opponents said the bill remains a ‘bailout.’ The bill ‘guts clean energy programs,’ said Dick Munson, director of Midwest Clean Energy for Environmental Defense Fund.

Here’s what you need to know about the bill.”

— Jessie Balmert, Cincinnati Enquirer 

read more

Tags: , , ,