Post Tagged with: "FirstEnergy"

Davis-Besse by Marc Haserodt / Creative Commons
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

AARP foreshadows opposition to Ohio nuclear subsidies

“The strongly-worded opposition letter was not surprising, given that state AARP chapters routinely oppose utility rate increases. The Pennsylvania office of the AARP opposes a similar nuclear power plant subsidy bill in that state. FirstEnergy Solutions owns a two-reactor nuclear power plant near Pittsburgh with a total capacity of about 1,815 megawatts. […]

Nuclear plant bailout debate kicks off at Statehouse
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts / Renewable Energy

Nuclear plant bailout debate kicks off at Statehouse

“Rep. David Leland, D-Columbus, asked the sponsors whether they could specify how the $9.25-per-megawatt hour was developed. ‘No,’ Callender said. ‘We’re dealing with some complex issues and coming up with an exact number is not an exact science.’ Leland later remarked that he was ‘totally surprised’ that it was not […]

Ohio House Speaker Larry Householder, R-Glenford.
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts / Utilities

Householder denies FirstEnergy contributions influenced bill

“FirstEnergy gave more than $150,000 to House Republicans in 2018 leading up to the November election. Now House Speaker Larry Householder (R-Glenford) is pushing for a new energy plan that would steer about $170 million in subsidies to two nuclear plants owned by FirstEnergy Solutions, which used to be a […]

First hearings set for Ohio House nuclear bill
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

First hearings set for Ohio House nuclear bill

“The first is scheduled for 11 a.m., April 16, in a House Energy and Natural Resources Committee meeting. Sponsor testimony is expected in the hearing, according to the Ohio House of Representatives meeting calendar. The following day another hearing is scheduled at 9 a.m. in an Energy Generation Subcommittee meeting. The hearings […]

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

New fee a ‘bailout’ for FirstEnergy nuclear plants, environmental groups say

COLUMBUS — “‘The bill announced today is nothing more than another bailout tax for failing nuclear plants paid for on the backs of hardworking Ohioans,’ Trish Demeter, vice president of energy policy at the Ohio Environmental Council Action Fund, said in a statement. Householder denied that this plan was a bailout […]

Perry Nuclear Power plant, about 30 miles east of Cleveland
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

House speaker unveils plan to save state’s nuclear power plants

COLUMBUS — “The bill, sponsored by Reps. Jamie Callender (R., Concord) and Shane Wilkin (R., Hillsboro), will be the subject of hearings beginning next week. Mr. Householder said he hopes to get it to Gov. Mike DeWine’s desk by the end of June, before lawmakers recess for the summer. Neither the […]

Ohio Citizen Action statement on nuclear energy bailout tax bill
FirstEnergy / Nuclear Energy / Ohio Citizen Action / Ohio Utility Bailouts

Ohio Citizen Action statement on nuclear energy bailout tax bill

This bill is another disappointing example of redistribution of wealth from the pockets of Ohio consumers into the hands of FirstEnergy shareholders. To add insult to injury, we are told it’s for our own good, to save jobs and cut carbon emissions. We categorically reject this false concern for the […]

The General James M. Gavin coal plant in southeast Ohio. Photo by: Analog Kid / Creative Commons
Coal / FirstEnergy / Nuclear Energy / Ohio Citizen Action / Ohio Consumers Power Alliance

Coal, nuclear cleanup costs central to FirstEnergy’s rejected bankruptcy plan

“Some of the former plant sites run by FirstEnergy and its predecessors were ‘really dirty coal plants,’ said Dick Munson, who directs clean energy efforts in the Midwest for the Environmental Defense Fund. ‘Some also have coal ash ponds that are just things that you want to get cleaned up. […]

FirstEnergy seeks bailout for 60-year-old Davis-Besse Nuclear Power Plant. Money going to nuclear could take a large cut from investment in wind and solar.
Energy / FirstEnergy / Renewable Energy / Solar Energy / Wind Energy

Ohio’s FirstEnergy nuclear bailout bill could undermine funding for renewables and efficiency

“Ohio’s plan stands in stark contrast to the nuclear incentive programs that have been rolled out in states including Connecticut, New Jersey, New York and Illinois. While these states have largely built their nuclear support programs on the foundation of existing state clean energy and carbon reduction policies, Ohio’s plan would actually undermine existing payment structures […]

All six of FirstEnergy Solutions' coal and nuclear plants, four of which are in Ohio, are in danger of closing. Photo by NRC
FirstEnergy / Nuclear Energy

Davis-Besse’s future coming down to the wire

CARROLL TOWNSHIP — “Neil Waggoner, a campaign representative for Sierra Club’s Beyond Coal Campaign in Ohio, described the draft legislation as a “farce.” He said in an email Friday that it would it force Ohioans to pay more each month on their electric bills to bail out old nuclear plants that are losing […]