Post Tagged with: "FirstEnergy"

The Northeast Ohio Public Energy Council, or NOPEC, has negotiated a contract with a NextEra Energy wholesale power company to supply about 500,0000 Northeast Ohio electric customers in 13 counties. NextEra, based in Florida, will replace FirstEnergy Solutions on Jan. 1. NOPEC is a consortium of more than 100 communities. (credit: Plain Dealer file)
FirstEnergy / Utilities

NOPEC signs three-year discount power deal with NextEra Energy

SOLON — “The Northeast Ohio Public Energy Council, or NOPEC, has approved a three year contract with NextEra Energy Services Ohio, a subsidiary of Florida-based NextEra Energy Resources, to supply power to some 500,000 Northeast Ohio consumers and small businesses. NOPEC made this decision 10 days after current supplier FirstEnergy […]

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 […]

FirstEnergy Corp.'s independent power supplier FirstEnergy Solutions is trying to end its contract with the Northeast Ohio Public Energy Council, or NOPEC. The two are in court today over the company's sudden decision to end its relationship with NOPEC. Customers would lose the NOPEC 6 percent discount in January but not electricity, which Ohio Edison and the Illuminating Co. would continue to supply. (FirstEnergy)
FirstEnergy / Utilities

FirstEnergy, NOPEC locked in court battle; 500,000 customers will be affected

AKRON — “The sweetheart marriage that FirstEnergy Solutions Corp. offered the Northeast Ohio Public Energy Council six years ago has soured, and today NOPEC and the power supplier are at one another’s throats. The parties are battling before Summit County Common Pleas Court Judge Tammy O’Brien over fallout from failed negotiations to change their […]

FirstEnergy Corp. employs more than 1,300 people in Akron.
FirstEnergy / Ohio Utility Bailouts

FirstEnergy must cut costs to avoid credit downgrade

AKRON — “Chuck Jones needs to find about $200 million. That’s roughly the amount that Jones, CEO of Akron-based FirstEnergy Corp., says he needs to find in cost savings to preserve his company’s credit rating — and ultimately to stay independent. It will mean cuts to FirstEnergy’s expenses. That includes […]

Editorial: Ohio deserves better
Commentary / FirstEnergy / Ohio Utility Bailouts

Editorial: Ohio deserves better

TOLEDO — “At first glance, it appears that the Public Utilities Commission of Ohio put its proverbial foot down when it rejected FirstEnergy Corp.’s request for funding to improve its power grid. But closer scrutiny reveals that the utility seems to have been handed a ‘cash grab’ and no requirement […]

FirstEnergy in Ohio
FirstEnergy / Ohio Utility Bailouts

IEEFA Ohio: FirstEnergy bailout plan is paying off (for FirstEnergy)

Ohio regulator nod on $600 to $1 billion in ratepayer subsidies presages a similar campaign in West Virginia COLUMBUS — “The Public Utility Commission of Ohio this week gave FirstEnergy a much smaller bailout than the company wanted. But it’s still a bailout. We expect opponents—including consumer and environmental organizations, […]

Ohio PUC rejects FirstEnergy virtual power deals
FirstEnergy / Ohio Utility Bailouts

Ohio PUC rejects FirstEnergy virtual power deals

No one cheers for alternative: $600 million over 3 years COLUMBUS — “The PUC of Ohio rejected First Energy’s ‘virtual’ power purchase agreement (PPA) proposal yesterday, but approved staff’s proposal to pay the firm $600 million over three years to shore up its financial health. The amount is less than […]

The surprising ground zero for electricity market fights
Energy / Research & Reports

The surprising ground zero for electricity market fights

THE WOODLANDS, TX — “Look to the East and you’ll see a major initiative to transform New York’s electric grid into a cleaner, more efficient system. Look to the West and you’ll find ambitious clean energy legislation in California. Yet utility executives and federal regulators recently gathered in the Midwest […]

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 […]

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 […]