Post Tagged with: "Davis Besse"

FirstEnergy's request that its customers should pay a little extra every month to keep the Davis-Besse nuclear reactor operating has put the company in the middle of a regulatory battle both in Ohio and before the Federal Energy Regulatory Commission. Now financial analysts are concerned about the outcome.
Energy / FirstEnergy

FirstEnergy nuke subsidy testimony begins, $300 million a year at stake

CLEVELAND — “FirstEnergy’s latest effort to funnel more money from its customers to its struggling power plants got under way late Tuesday with a plea to lawmakers from the company’s top executive. ‘Ohio cannot afford to continue heading down a path that could lead to less fuel-diverse and fewer homegrown […]

Davis-Besse Nuclear Power Station cooling tower in July 2015 (Credit: Gregory Varnum, Creative Commons).
Energy / FirstEnergy

Exelon-style nuke bailouts threaten wind, solar

NEW YORK, NY — “The push to save U.S. nuclear plants for the sake of fighting climate change is threatening support for the bread and butter of clean power: wind and solar. New York and Illinois have already approved as much as $10 billion in subsidies to keep struggling reactors […]

Official statement on SB 128 by Rachael Belz,  Ohio Citizen Action Executive Director
Energy / FirstEnergy

Official statement on SB 128 by Rachael Belz, Ohio Citizen Action Executive Director

FirstEnergy would have us believe their desire for a Zero Emission Credit (ZEC) program in Ohio, as proposed in SB 128,  is about incentivizing low-carbon energy generation. If that were true, they would have made more significant investments in renewable energy projects and not dispatched legions of lobbyists to Columbus […]

Credit: Neal Wellons (Creative Commons)
FirstEnergy / Nuclear Energy

Ohio nuclear bill could clash with federal law, conceals info from public

COLUMBUS — “A bill to subsidize FirstEnergy’s Davis-Besse and Perry nuclear plants presents potential conflicts under Ohio and federal law. Senate Bill 128 would implement FirstEnergy’s zero-emission nuclear, or ZEN, program to have its Ohio utilities’ two million distribution customers pay above-market prices for as much as $57 per year […]

FirstEnergy's Perry nuclear plant. Photo By
Wainstead / Creative Commons
Energy / FirstEnergy

Opposition mounts to Ohio’s “Nuclear Bailout” bill

COLUMBUS — “Opposition is mounting to a plan to charge Ohioans to bail out one company’s aging nuclear power plants. Senate Bill 128 in the Ohio Legislature would add a charge to people’s electric bills to subsidize plants owned by FirstEnergy, a company that provides power to about 2 million residential […]

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

Ohio lawmakers taking up nuclear power plant subsidies for FirstEnergy

COLUMBUS — “Ohio lawmakers will consider a bill to provide subsidies to FirstEnergy Corp. to keep its two nuclear power plants operating in Ohio. Senate Bill 128 would establish zero-emission credits to subsidize the plants in the name of maintaining a mix of power sources in Ohio and supporting generation […]

The Davis-Besse nuclear power plant.
FirstEnergy / Nuclear Energy

Plan would charge FirstEnergy customers more to subsidize money-losing nuclear plants

COLUMBUS — “Nuclear energy is clean energy and deserving of a big subsidy from electricity customers, according to a new proposal before the General Assembly, a bill supported by FirstEnergy. If that sounds like a hard sell, it is, based on the reception the bill received when its language was […]

Energy / FirstEnergy

Nuclear plant measure would raise electric bills

OAK HARBOR — “Akron-based FirstEnergy Corp. announced Wednesday that two Ohio legislators have agreed to introduce a bailout bill the utility sees as essential to the survival of its Davis-Besse and Perry nuclear power plants. The bill, to be known in the Ohio Senate as Senate Bill 128, would impose […]

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

FirstEnergy makes big push for ‘zero emission credits’

AKRON — “The cost of supporting some of the region’s aging nuclear power plants might be about to land on the bills of Ohio ratepayers, and that might include the cost of subsidizing a nuclear plant in Pennsylvania owed by Akron-based FirstEnergy Corp. The firm is desperately hoping that Ohio […]

Davis-Besse Nuclear Power Station cooling tower in July 2015 (Credit: Gregory Varnum, Creative Commons).
FirstEnergy / Nuclear Energy

FirstEnergy exec calls for ‘urgent aid’

OAK HARBOR — “Calling warnings of the Davis-Besse nuclear power plant’s premature closure ‘real’ and the need for a bailout ‘urgent,’ FirstEnergy Corp.’s top nuclear official left little doubt Friday that Ottawa County’s largest employer is in trouble. Sam Belcher, FirstEnergy’s chief nuclear officer, said the utility’s other nuclear plants […]