Post Tagged with: "Davis Besse"

The Davis-Besse Nuclear Power Station (Credit: NRC)
FirstEnergy / Nuclear Energy

FirstEnergy talks bankruptcy and need for bailout of its nuclear plants

AKRON — “FirstEnergy Corp. executives used two words a lot when discussing the company’s financial position and its plans to exit the nuclear power business when they spoke with analysts Wednesday, Feb. 22: ‘bankruptcy’ and ‘billions.’ The Akron-based company might be working to position itself for better treatment from state […]

The Perry nuclear power plant east of Cleveland is one of four reactors that FirstEnergy is preparing to sell or shut down because atomic energy, once "too cheap to meter," is often now more expensive that power generated by high-tech combined-cycle gas turbines. The FirstEnergy subsidiary which owns the power plants is today worth less than its combined long-term debt. (Credit: Plain Dealer file photo)
FirstEnergy / Nuclear Energy

FirstEnergy Corp. to sell or close its nuclear plants

AKRON — “FirstEnergy made it clear Wednesday that it is leaving the competitive power plant business, closing or selling all of its plants, including its nuclear plants, by the middle of next year. The sale of the nuclear plants to another company would have little immediate impact on customer bills. […]

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 to seek “zero emission credits” for its 2 Ohio nukes

COLUMBUS — “FirstEnergy needs more money to keep its two Ohio nuclear power plants operating and, according to a Cincinnati Republican lawmaker who broke the news to the public this morning, is proposing new charges called ‘zero emission credits.’ …Lobbyists said each Zero Emission Credit, or ZEC, in Ohio would be […]

A view into Unit 4 at the Alvin W. Vogtle generating station in Georgia. The complex plans to use AP1000 reactors from Westinghouse. Credit via Georgia Powe
Energy

The murky future of nuclear power in the United States

WASHINGTON, DC — “This was supposed to be America’s nuclear century. The Three Mile Island meltdown was two generations ago. Since then, engineers had developed innovative designs to avoid the kinds of failures that devastated Fukushima in Japan. The United States government was earmarking billions of dollars for a new […]

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.
AEP / Duke Energy / Energy / FirstEnergy

Ohio electric deregulation on the chopping block?

CLEVELAND — “The big power plants that FirstEnergy and Columbus-based American Electric Power have operated for decades just cannot make electricity as cheaply — or as profitably —  as the new gas turbines, and at times, wind farms. The companies have been looking for a way to escape the perils […]

Davis-Besse welcomes any Trump aid
FirstEnergy

Davis-Besse welcomes any Trump aid

OAK HARBOR — “News reports circulated Friday that President-elect Donald Trump’s advisers are seeking help from the U.S. Department of Energy on ways they might stave off more premature closures of nuclear plants struggling because of intense competition from natural gas and renewable energy. The move comes one day after […]

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

Nuclear industry looks to reshape image

It can help meet carbon reduction goals but can’t compete on cost TOLEDO — “Crippled by a historic, game-changing fracking revolution that has imploded energy markets across the world, the U.S. nuclear industry is trying harder than ever to market itself as an irreplaceable ally in the war against climate […]

FirstEnergy could sell or close additional boilers at its last coal-fired power plant in Ohio, the W.H. Sammis plant on the Ohio River, if it cannot persuade the state to return to regulating electric companies and setting power prices. The company's old coal and nuclear power plants cannot always make power as cheaply as new gas-fired plants, which are now dominating wholesale market prices. (credit: Plain Dealer file)
FirstEnergy / Utilities

FirstEnergy to sell or close power plants if Ohio, Pennsylvania do not return to regulated rates

CLEVELAND — “FirstEnergy has decided to get out of the competitive electricity business, and will sell or close its big coal and nuclear power plants within 18 months unless Ohio and Pennsylvania return to regulating them and setting prices or create a regulation-like structure for them. ‘We are not going […]

Parent company FirstEnergy says all Davis-Besse’s safety systems worked efficiently. Photo credit: The Blade
Energy / FirstEnergy

Davis-Besse to stay idle a few days due to leak

OAK HARBOR — “FirstEnergy Corp. said Monday it expects its Davis-Besse nuclear plant to remain idle for at least a few more days as the utility tries to figure out how rainwater entered the plant’s turbine building during a heavy storm early Saturday. Without going into specifics, the company also […]

Decommissioning costs: A blind spot in the nuclear power debate
Energy

Decommissioning costs: A blind spot in the nuclear power debate

In nuclear policy, too little thought is given to the considerable costs of storing radioactive waste on site PHILADELPHIA, PA — “With over 10 GW of nuclear capacity at risk for premature retirement – defined as retirement before license expiration – many states are considering subsidy policies to keep these […]