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Bailout chances may be good for FirstEnergy Solutions’ Ohio nuclear plants
Energy / FirstEnergy

Bailout chances may be good for FirstEnergy Solutions’ Ohio nuclear plants

AKRON — “Akron’s FirstEnergy Solutions (FES) is still on track to shutter its Davis-Besse and Perry nuclear plants in 2020 and 2021, respectively, but some observers now predict the company will get a state bailout for the plants instead. The company is hoping the state will grant what are known as zero […]

Judge derails FES plan to exit bankruptcy while lawmakers consider bail-out bills
FirstEnergy / Ohio Utility Bailouts

Judge derails FES plan to exit bankruptcy while lawmakers consider bail-out bills

AKRON — “After presiding over a full day of arguments, the judge this week refused to approve a complicated disclosure statement the company must send to its creditors who will then have the right to approve or reject the company’s plan to re-organize itself, after which the court will still […]

The Byron nuclear plant in Illinois.  The nuclear power industry is pushing the Nuclear Regulatory Commission to cut back on inspections at nuclear power plants and throttle back what it tells the public about plant problems. 
Photo by
Michael Kappel / Creative Commons
Nuclear Energy

Nuclear industry pushing for fewer inspections at plants

WASHINGTON, D.C. — “The Trump NRC appointees and industry representatives say changes in oversight are warranted to reflect the industry’s overall improved safety records and its financial difficulties, as the operating costs of the country’s aging nuclear plants increase and affordable natural gas and solar and wind power gain in […]

Ohio and Pennsylvania consider nuclear plant bailouts
Nuclear Energy

Ohio and Pennsylvania consider nuclear plant bailouts

“Drillers and gas-fired power plant operators are girding to fight measures to save money-losing reactors in the Keystone and Buckeye states, saying they’ve learned from past defeats and are better positioned to win. The looming debates are a key test of how far lawmakers in shale gas country are willing […]

Who’s afraid of FirstEnergy Solutions’ restructuring plan? Every government agency that has seen it
FirstEnergy

Who’s afraid of FirstEnergy Solutions’ restructuring plan? Every government agency that has seen it

PITTSBURGH, PA — “Under the plan, the restructured company would emerge from bankruptcy owning the undesirable coal power plants and nuclear units that drove the division into bankruptcy — including two power stations in Beaver County -— along with the retail customer business that FirstEnergy Corp. had earlier agreed to […]

Plunging prices mean building new renewable energy is cheaper than running existing coal
Coal / Renewable Energy

Plunging prices mean building new renewable energy is cheaper than running existing coal

LONDON, ENGLAND — “A new report reveals 42% of global coal capacity is currently unprofitable, and the United States could save $78 billion by closing coal-fired power plants in line with the Paris Climate Accord’s climate goals.  This industry-disrupting trend comes down to dollars and cents, as the cost of renewable energy […]

West facade of the Ohio Statehouse. Credit: Wikipedia
Energy / Renewable Energy

Utilities, fossil fuel could win big from Ohio bill to reduce regulations

Senate Bill 1 would require state agencies to cut 30 percent of regulations within three years, or eliminate two for every new one implemented COLUMBUS — “A broad proposal in Ohio to slash state regulations by 30 percent across the board could further tilt the playing field against renewable energy […]

PUCO committee gives Gov. DeWine choice of 4 applicants for commission seat
Utilities

PUCO committee gives Gov. DeWine choice of 4 applicants for commission seat

CLEVELAND — “Two of the four recommended candidates have consumer-oriented backgrounds, somewhat of a rarity for a commission that has been dominated by members who have backgrounds with utilities. The PUCO’s role is to regulate the state’s investor-owned utilities. The two candidates with consumer backgrounds are: Bryce McKenney, of Columbus, an […]

FirstEnergy Solutions restructuring plan hits roadblock as federal agencies object
FirstEnergy / Ohio Utility Bailouts

FirstEnergy Solutions restructuring plan hits roadblock as federal agencies object

CLEVELAND — “The U.S. Securities and Exchange Commission argues that the FirstEnergy Solutions restructuring plan is against the law because it eliminates any responsibility of ‘non-debtor third parties,’ such as FirstEnergy executives and directors, of any liability ‘with respect to any acts taken or omitted in connection with or related to the […]

Air pollution killing more people than smoking, say scientists
Air Quality

Air pollution killing more people than smoking, say scientists

LONDON March 12 — “The study, published in the European Heart Journal, focused on ozone and the smallest pollution particles, known as PM2.5, that are particularly harmful to health as they can penetrate into the lungs and may even be able to cross into the blood. The researchers said new […]