Post Tagged with: "Davis Besse"

Energy Secretary Rick Perry. Photo by Gage Skidmore, Wikimedia Commons
Energy / FirstEnergy / Nuclear Energy

Utility asks Perry to save coal, nuclear plants

WASHINGTON, DC — “FirstEnergy Corp. is seeking a declaration under section 202(c) of the Federal Power Act that certain coal and nuclear plants cannot close and that an electric grid operator pay plant operators enough to recover their costs. The order would apply to the PJM Interconnection, the nonprofit grid operator for […]

FirstEnergy Solutions begins bankruptcy
FirstEnergy / Nuclear Energy

FirstEnergy Solutions begins bankruptcy

AKRON — “Attorneys for FirstEnergy Solutions and six affiliated debtors are to appear in U.S. Bankruptcy Court Tuesday to begin Chapter 11 proceedings before Judge Alan M. Koschik, a move that parent company FirstEnergy Corp. sees as a necessary step for it to remain viable and start anew. FirstEnergy is one […]

Davis-Besse shut down for refueling
Energy / FirstEnergy

Davis-Besse shut down for refueling

CLEVELAND — “The FirstEnergy Nuclear Operating Co. has shut down the Davis-Besse nuclear reactor for refueling. The company said Monday it would replace about a third of the reactor’s 177 fuel rod assemblies and do other routine inspection and preventive maintenance of the power plant’s major components. More than 1,000 […]

FirstEnergy Solutions failure appears inevitable says FE CEO
Energy / FirstEnergy

FirstEnergy Solutions failure appears inevitable says FE CEO

CLEVELAND — “FirstEnergy’s top executive Charles ‘Chuck’ Jones confirmed today what analysts have been whispering for months, that time is running out for the company’s power plant subsidiary, FirstEnergy Solutions. Jones told analysts during a public teleconference that FirstEnergy Solutions has been operating independently since early last year and that […]

FirstEnergy is about to ask Ohio lawmakers to create new regulations awarding "zero emission credits," or ZECs, to its nuclear power plants, Davis-Besse east of Toledo and Perry east of Cleveland, in recognition that they do not contribute to air pollution. The ZECs would increase customer bills. The plan is sure to be challenged in federal court because it would subsidize the nukes which are supposed to be operating in a competitive market.
Energy / FirstEnergy

FirstEnergy executive: Davis-Besse plant headed for premature closure

OAK HARBOR — “A FirstEnergy Corp. executive confirmed Thursday what many people have feared for months: The utility’s Davis-Besse nuclear plant is headed for a premature closing. The outlook for FirstEnergy’s coal-fired power plants and its other nuclear plants — its twin-reactor Beaver Valley nuclear plant west of Pittsburgh and […]

The Davis-Besse nuclear power plant near Oak Harbor.
Energy / FirstEnergy

Davis-Besse, Perry nuclear plants could close as FirstEnergy inks deal with hedge funds

CLEVELAND – Four high-powered private investor groups have agreed to sink nearly $2.5 billion into FirstEnergy for 18 months in exchange for helping the company shed its money-losing power plants, or get them returned to regulation and protection from competition. FirstEnergy Solutions owns the Davis-Besse, Perry nuclear power plants in […]

Saving coal, nuclear plants pits FirstEnergy against PUCO before federal regulators
Energy / FirstEnergy / Nuclear Energy

Saving coal, nuclear plants pits FirstEnergy against PUCO before federal regulators

CLEVELAND — The Public Utilities Commission of Ohio (PUCO) will oppose a federal initiative aimed at coming up with a quick fix to the competitive problems of old coal and nuclear plants owned by FirstEnergy and other traditional utilities. PUCO on Friday voted to urge the Federal Energy Regulatory Commission to reject […]

With the possibility of Davis-Besse Nuclear Power Station closing next year, FirstEnergy Nuclear Operating Co.'s president and chief nuclear officer Sam Belcher talks about the options to close a nuclear power plant: decommissioning or safe store (Credit: Molly Corfman/The News-Messenger).
FirstEnergy / Nuclear Energy

Efforts ramp up to save or sell Davis-Besse

OAK HARBOR — “There’s still a chance that FirstEnergy could find a willing buyer or legislative remedy for its Davis-Besse Nuclear Power Station, which could close next year. Before the company finishes its review in 2018 and makes a decision on the Davis-Besse site, FirstEnergy is also waiting to hear soon […]

Ohio’s nuclear future uncertain, subsidies in New York, Illinois get court victories
FirstEnergy / Nuclear Energy

Ohio’s nuclear future uncertain, subsidies in New York, Illinois get court victories

COLUMBUS — “Bills going through the Ohio legislature that would subsidize the state’s two nuclear power plants have stalled, but similar energy credits approved in Illinois and New York have won their first round of legal battles. FirstEnergy has been lobbying for a Zero Emission Nuclear Resource Program or ‘ZEN’ […]

State regulators approved a plan to help subsidize the Davis-Besse Plant in Ottawa County and other power plants across Ohio by having customers act like investors.
Energy / FirstEnergy

Kasich not backing bailout for Ohio nuclear plants

Governor says FirstEnergy needs to figure out how to keep facilities operating OREGON — “Gov. John Kasich said Monday that he can’t see supporting a proposed financial rescue that FirstEnergy Corp. maintains is needed to keep alive the state’s two aging nuclear plants. He said it’s up to the utility to […]