Post Tagged with: "FirstEnergy"

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 […]

The Davis-Besse nuclear plant on Lake Erie east of Toledo.
FirstEnergy / Nuclear Energy

Living without Davis-Besse?

OAK HARBOR — “Living in the shadows of the Davis-Besse nuclear power plant’s cooling tower, which soars above Lake Erie in Ohio like an oversized lighthouse, brings with it some give-and-take. On the plus side, it generates tax money that once paid for a high school swimming pool and auditorium. […]

FirstEnergy had a rough first three quarters in 2015, but finished the year, overall strong. (Courtesy of FirstEnergy)
FirstEnergy

FirstEnergy to offer discount it says will undercut NOPEC’s rates

AKRON — “A little more than four months after their highly publicized split, Akron-based FirstEnergy Solutions and the Solon-based Northeast Ohio Public Energy Council are in full competition mode. With a new discount for customers, FirstEnergy may have just fired the initial shot of their first major battle — one […]

Ohio Capitol Building
Energy / Utilities

Ohio ratepayer advocate outlines legislative priorities to lawmakers

COLUMBUS — “Changes to state energy law nine years ago have ‘allowed more ways for utilities to propose rate increases for customers to pay,’ Ohio Consumers’ Counsel Bruce Weston told state lawmakers on Tuesday. Appearing before the Public Utilities Committee of the state House of Representatives, Weston proceeded to outline […]

Davis Besse nuclear power plant (Creative Commons)
FirstEnergy / Nuclear Energy

All eyes on Davis-Besse

CARROLL TOWNSHIP —  “At almost 500 feet above the ground, Davis-Besse Nuclear Power Station’s cooling tower has loomed over Lake Erie like a concrete lighthouse for 40 years, with a water vapor plume that can be seen more than 30 miles away on a clear day. …But nuclear power plants are […]

FirstEnergy's nuclear subsidy proposal cannot be found on the company's website.
FirstEnergy / Utilities

FirstEnergy rate increase for nuclear still shadowy but opponents lining up

CLEVELAND — “FirstEnergy’s plan to convince Ohio lawmakers they should save the company’s nuclear reactors by funneling more money from customers to the company has still not seen the legislative light of day. But for certain, the company has shopped its proposal to key lawmakers with a full-color, professional-looking, authoritative […]

The Davis-Besse nuclear plant on Lake Erie east of Toledo.
Energy / Utilities

Natural gas industry gains steam

Coal, nuclear plants are no longer competitive in Ohio TOLEDO —  “During his address to Congress last week, President Trump repeated his campaign promises about restoring the U.S. coal industry to its former prominence. But an electronic map that can pinpoint every Ohio power plant fueled by either natural gas […]

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. […]

PJM to review impact of capacity market construct on RPM
Energy / Utilities

PJM to review impact of capacity market construct on RPM

WILMINGTON, DE — “Following months of debate on the scope of the undertaking, a coalition of demand-side stakeholders won approval at Thursday’s PJM Markets and Reliability Committee meeting to review the capacity market construct. Overcoming what had appeared to be strong opposition, the problem statement and issue charge were endorsed […]