Coal / Energy

Sierra Club to testify against Ohio subsidy for coal-fired plants

COLUMBUS — “The Sierra Club is scheduled to testify Tuesday that House Bill 239 is a bad idea for consumers and the planet. This follows a hearing last week during which utility-company officials called the plan a prudent approach to a complicated situation and a way to preserve jobs.

…Under the bill, the owners of Ohio Valley Electric Corp. would receive a guarantee of income at times when the market price of electricity is less than the cost to operate the company’s power plants. That money would come from a charge to consumers.

Ohio Valley Electric has complicated history and ownership structure. The company was started in the 1950s to provide electricity for the uranium-enrichment plant near Piketon. The two power plants are Kyger Creek in Cheshire, and Clifty Creek in Madison, Indiana, both of which went online in 1955.”

— Dan Gearino, Columbus Dispatch

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