Post Tagged with: "coal"

IEEFA Update: FirstEnergy, out of step with the times, sells gas and hydro assets to shore up fading coal-fired plants
Coal / FirstEnergy

IEEFA Update: FirstEnergy, out of step with the times, sells gas and hydro assets to shore up fading coal-fired plants

As American electricity markets modernize, an Ohio utility stays the same CLEVELAND — “If there’s a standout feature in today’s fast-changing electricity-generation landscape, it’s that coal-fired and nuclear power plants cannot compete with those that run on natural gas or renewable energy. This will remain the case for the foreseeable […]

Women in areas where mercury is used in small-scale gold mining had some of the most extreme levels of contamination (Credit: Edgard Garrido/Reuters).
Environmental Justice

Women of childbearing age around world suffering toxic levels of mercury

Study finds excessive levels of the metal, which can seriously harm unborn children, in women from Alaska to Indonesia, due to gold mining, industrial pollution, and fish-rich diets NEW YORK, NY — “Women of childbearing age from around the world have been found to have high levels of mercury, a […]

Standard & Poor's has downgraded the bond rating of FirstEnergy Solutions, the unregulated subsidiary of FirstEnergy Corp., because it believes the company will file for bankruptcy protection before 2018. S&P's in the same week raised its outlook for parent company FirstEnergy because it believes the corporation will sell off or somehow move its power plants into a regulated company (Plain Dealer file).
FirstEnergy

FirstEnergy Solutions downgraded on bankruptcy expectation, FE parent seen as stable

CLEVELAND — “Standard & Poor’s has further lowered its ratings for bonds sold by FirstEnergy Solutions because it believes the company’s negotiations with creditors is a first step toward its seeking bankruptcy protection. At the same time, S&P has revised its outlook for parent company FirstEnergy Corp. from negative to […]

The Bruce Mansfield Power Plant, FirstEnergy's largest coal-fired plant, in Beaver County on November 23, 2015. FirstEnergy officials are scheduled to meet with creditors of its struggling competitive generation unit, FirstEnergy Solutions (Credit: Andrew Rush / Pittsburgh Post-Gazette).
FirstEnergy

With power plants struggling, FirstEnergy sets up meeting with creditors

AKRON — “FirstEnergy officials are scheduled to meet with creditors of the company’s struggling competitive generation unit, FirstEnergy Solutions, which includes two Pennsylvania power plants in Beaver County employing about 1,000 people. The meeting with creditors, reported during an earnings call on Friday, is a development in the Akron, Ohio-based […]

The Kemper County power plant (Credit: Mississippi Power).
Coal

Mississippi utility will stop efforts to complete coal plant

JACKSON, MS — “One of the nation’s largest utilities, faced with an ultimatum from Mississippi regulators, said Wednesday that it will suspend efforts to complete a first-of-its-kind coal-fueled power plant. The move is a blow in efforts to develop coal plants that emit less carbon dioxide, which could be key […]

Rob Rice (left), chief of the West Virginia Office of Abandoned Mine Lands and Reclamation, and planner Jonathan Knight check on the smoldering underground fire at a long-abandoned coal mine in Preston County earlier this year. Legislation to speed-up the funding of abandoned coal-mine cleanups and to focus some of that spending on projects that help the economy in ailing coalfield communities moved a step ahead Tuesday in the U.S. House (Credit: AP file photo).
Coal / Reclaim Act

Bill to increase coal-mine spending advances

WASHINGTON, DC — “Legislation to speed up the funding of abandoned coal-mine cleanups and to focus some of that spending on projects that help the economy in ailing coalfield communities moved a step ahead Tuesday in the U.S. House. Members of the House Committee on Natural Resources approved what is […]

Lobbying fight erupts over coal country bill
Coal / Reclaim Act

Lobbying fight erupts over coal country bill

WASHINGTON, DC — “The lobbying fight over a House bill to revitalize coal country has heated up ahead of a key committee hearing on Tuesday. Interest groups supporting the Revitalizing the Economy of Coal Communities by Leveraging Local Activities and Investing More (RECLAIM) Act, a bill to pump money into […]

AEP's Clifty Creek power plant in Madison, Indiana is among the facilities covered under income guarantee plans recently approved by Ohio regulators. 
Photo By
Crowezr / Wikimedia Commons
Coal / Ohio Utility Bailouts

Proposed Ohio subsidy for coal-fired power plants now uncertain

COLUMBUS — “A proposal to subsidize two coal-fired power plants is no longer on a fast track and might not pass at all. This is a shift from last month, when House Bill 239 seemed to be moving quickly toward becoming law, despite opposition from consumer and environmental groups. The […]

The Kyger Creek power plant in Cheshire, Ohio, on the Ohio River began operating in 1955 to make power for a uranium enrichment plant in Piketon, Ohio. Since 2003, the plant, which is owned by a company created by other electric utilities, has been selling its power either into wholesale markets or sending it to its member companies. Now the plant is facing competition from natural gas turbine power plants, which can make electricity at a lower cost (Credit: Ohio Valley Electric Corp).
Coal / Ohio Utility Bailouts

Don’t subsidize coal, Consumers’ Counsel, NOPEC, AARP, Ohio Manufacturers’ Association tell lawmakers

CLEVELAND — “Ohio lawmakers and opponents of controversial ‘fast-tracked’ legislation designed to shift the costs of two 62-year-old coal power plants to consumers are heading for a showdown this week. Two bills, which have been moving through both the House and Senate utilities committees, were to be voted out of […]

The White House exaggerated the growth of coal jobs by about 5,000 percent
Coal

The White House exaggerated the growth of coal jobs by about 5,000 percent

WASHINGTON, DC — “On Sunday’s ‘Meet the Press,’ Scott Pruitt, the head of the Environmental Protection Agency, claimed that the U.S. has created 50,000 jobs in the coal sector since the fourth quarter of 2016. The statistic carries an important message for the White House. Trump has brought extraordinary attention […]