Post Tagged with: "nuclear energy"

Power plant owners press Trump to reject bailout for coal, nuclear
FirstEnergy

Power plant owners press Trump to reject bailout for coal, nuclear

WASHINGTON, DC — “Power plant owners are urging President Trump to reject a plea by a Ohio power provider to save its fleet of coal and nuclear plants that are slated to shut down in the next three years, saying it would be legally wrong and jeopardize his America First […]

FirstEnergy Solutions bankruptcy restructuring likely, power plants would be closed or sold
Energy / FirstEnergy / Nuclear Energy

FirstEnergy Solutions bankruptcy restructuring likely, power plants would be closed or sold

CLEVELAND — “Brutal competitive financial forces are poised to remake FirstEnergy into a utility without power plants and focused solely on delivering electricity. The Akron-based power company that a decade ago hired former George W. Bush administration Solicitor General Ted Olson to bully state lawmakers who were considering a return to […]

Davis-Besse shut down for refueling
Energy / FirstEnergy

Davis-Besse shut down for refueling

CLEVELAND — “The FirstEnergy Nuclear Operating Co. has shut down the Davis-Besse nuclear reactor for refueling. The company said Monday it would replace about a third of the reactor’s 177 fuel rod assemblies and do other routine inspection and preventive maintenance of the power plant’s major components. More than 1,000 […]

FirstEnergy is about to ask Ohio lawmakers to create new regulations awarding "zero emission credits," or ZECs, to its nuclear power plants, Davis-Besse east of Toledo and Perry east of Cleveland, in recognition that they do not contribute to air pollution. The ZECs would increase customer bills. The plan is sure to be challenged in federal court because it would subsidize the nukes which are supposed to be operating in a competitive market.
Energy / FirstEnergy

FirstEnergy executive: Davis-Besse plant headed for premature closure

OAK HARBOR — “A FirstEnergy Corp. executive confirmed Thursday what many people have feared for months: The utility’s Davis-Besse nuclear plant is headed for a premature closing. The outlook for FirstEnergy’s coal-fired power plants and its other nuclear plants — its twin-reactor Beaver Valley nuclear plant west of Pittsburgh and […]

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

Davis-Besse, Perry nuclear plants could close as FirstEnergy inks deal with hedge funds

CLEVELAND – Four high-powered private investor groups have agreed to sink nearly $2.5 billion into FirstEnergy for 18 months in exchange for helping the company shed its money-losing power plants, or get them returned to regulation and protection from competition. FirstEnergy Solutions owns the Davis-Besse, Perry nuclear power plants in […]

GOP voters support green energy, oppose coal, nuclear bailouts, statewide poll finds
Energy / Freeze on Clean Energy / Renewable Energy

GOP voters support green energy, oppose coal, nuclear bailouts, statewide poll finds

CLEVELAND — “Conservative Ohio voters, whether Independent or Republican, are tired of utilities asking for special charges for coal and nuclear power plants, support mandatory energy-efficiency programs, favor home solar systems and are willing to pay higher monthly bills for renewable energy. These are findings in a poll commissioned by […]

Davis Besse nuclear power plant (Creative Commons)
Coal / Energy

Regulators reject Trump administration proposal to support coal, nuclear

WASHINGTON, DC — “Federal energy regulators on Monday rejected a Trump administration proposal that would have provided financial support to coal and nuclear power plants. The Federal Energy Regulatory Commission said the proposal, submitted by Energy Secretary Rick Perry, may do harm to competitive markets for energy. Ohio companies, such as […]

Unusual alliances emerge in Ohio over plan to prop up coal and nuclear plants
Coal

Unusual alliances emerge in Ohio over plan to prop up coal and nuclear plants

COLUMBUS — “Ohio energy companies, state agencies and other groups are forming some unexpected alliances in their positions for and against a federal proposal to subsidize coal and nuclear power over other forms of electricity. The proposed rule from the Department of Energy calls on FERC to revise its pricing rules to guarantee […]

The Vermont Yankee nuclear plant, formerly operated by Entergy Corp., shut down in 2014 (Credit: Nuclear Regulatory Commission/Wikipedia).
Nuclear Energy

Nuclear: When a town loses its economic center

VERNON, VT — “Ask Tim Arsenault how life is changing in this tiny riverfront town, and he’ll tell you about the little things. The cops used to keep a 24-hour watch in Vernon. To save money, the town dialed it back to 20. The library’s budget just got cut by […]

FirstEnergy nuclear charges still before lawmakers, opponents fight earlier increases at Supreme Court
Energy / FirstEnergy / Nuclear Energy

FirstEnergy nuclear charges still before lawmakers, opponents fight earlier increases at Supreme Court

CLEVELAND — “FirstEnergy’s legislative supporters have introduced a new bill in the Ohio House that would create special customer charges to subsidize the company’s nuclear power plants because they cannot compete with new ultra-efficient gas turbine power plants. House Bill 381 would cost customers less than an earlier proposal — […]