Post Tagged with: "Duke Energy"

"Gavel," a sculpture by Andrew F. Scott, outside the Supreme Court of Ohio (Credit: Sam Howzit / Creative Commons).
Duke Energy

Ohio decision could put more ratepayers on the hook for old cleanup costs

COLUMBUS — “Critics say an Ohio court decision last week underscores the urgency of a pending bill to address unfairness under current law, while opening the door to more efforts by utilities to shift the economic burdens for past pollution to today’s customers. Under the Supreme Court of Ohio’s June […]

Credit: Tom Knox
Utilities

Ohio Senate budget bill lets PUCO charge power customers higher rate to keep up utility credit ratings

COLUMBUS — “Ohio’s utility regulator could consider a utility’s credit rating when establishing base rates paid by customers, an apparent nod to FirstEnergy Solutions, the unregulated subsidiary of Akron electric utility FirstEnergy Corp. ‘Ratepayers in all six (electric utility) service areas could pay higher electricity charges under this,’ according to […]

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 Ohio Statehouse (Credit: Tlarrow/Creative Commons)
Utilities / Wind Energy

Ohio budget amendments: another utility ‘bailout’ and a rollback of wind setbacks

COLUMBUS — “Ohio’s budget bill reported out of the Senate Finance Committee Tuesday comes with an amendment that would expressly authorize extra charges to ratepayers to support utilities’ financial health. Meanwhile, another amendment would relax the tripled wind turbine setbacks that were included at the last minute in a 2014 […]

IEEFA Report: ‘National security’ argument for saving 2 power plants is a red herring meant to distract from an Ohio Valley Electric bailout
Ohio Utility Bailouts / Research & Reports

IEEFA Report: ‘National security’ argument for saving 2 power plants is a red herring meant to distract from an Ohio Valley Electric bailout

CLEVELAND — “The Institute for Energy Economics and Financial Analysis (IEEFA) today published a research brief questioning a bill in the Ohio legislature that would bail out two failing coal-fired power plants owned by the Ohio Valley Electric Corporation (OVEC) and keep the plants alive at huge expense to ratepayers. […]

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 […]

Photo credit: Wikipedia commons
Coal / Coal Ash

Looking to ‘get ahead’ of coal ash issues, utilities support bill for stronger state oversight

Utilities are throwing their weight behind an amendment that would give states a bigger role in regulating coal ash disposal WASHINGTON, DC — “On Oct. 17th, utilities submitted their compliance plans for the EPA’s 2014 Coal Combustion Residual (CCR) rule, the first national standard for the safe handling of coal […]

Fine particles — toxic specks that research has linked to a variety of ills, including shorter lifespans — aren’t evenly concentrated across the country. Vanderburgh in southwest Indiana has higher levels than nearly 90 percent of U.S. counties with air-monitoring data for 2013 to 2015, according to average annual figures from the U.S. Environmental Protection Agency. Most of the country, colored in gray in the map above, does not have monitoring data for particles. But efforts to estimate particles for all counties using satellite data have shown similar trends for southwest Indiana.
Eric Devlin/weather.com
Clean Power Plan / Research & Reports

Americas super polluters

EVANSVILLE, IN — “To see one of the country’s largest coal-fired power plants, head northwest from this Ohio River city. Or east, because there’s another in the region. In fact, nearly every direction you go will take you to a coal plant — seven within 30 miles. Collectively they pump […]

Duke CEO sees coal entirely disappearing from its power mix
Coal / Duke Energy

Duke CEO sees coal entirely disappearing from its power mix

CHARLOTTE, NC — “Duke Energy Corp.’s $4.9 billion purchase of Piedmont Natural Gas Co., set to close next week, will accelerate the utility owner’s shift away from coal, Chief Executive Officer Lynn Good said. Duke will be able to build out Piedmont’s pipeline system to support its transition to gas-fired […]

Duke Energy names new CEO
Coal / Duke Energy / Energy

Duke Energy names new CEO

CHARLOTTE, NC — “Duke Energy on Tuesday announced that its board of directors has unanimously elected Lynn Good to succeed Jim Rogers as president and chief executive officer. Good, currently Duke’s executive vice president and chief financial officer, will assume her new role July 1. Rogers will continue to serve […]