Post Tagged with: "nuclear energy"

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 […]

The Cardinal power plant near Brilliant, Ohio.
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 — […]

With the possibility of Davis-Besse Nuclear Power Station closing next year, FirstEnergy Nuclear Operating Co.'s president and chief nuclear officer Sam Belcher talks about the options to close a nuclear power plant: decommissioning or safe store (Credit: Molly Corfman/The News-Messenger).
FirstEnergy / Nuclear Energy

Efforts ramp up to save or sell Davis-Besse

OAK HARBOR — “There’s still a chance that FirstEnergy could find a willing buyer or legislative remedy for its Davis-Besse Nuclear Power Station, which could close next year. Before the company finishes its review in 2018 and makes a decision on the Davis-Besse site, FirstEnergy is also waiting to hear soon […]

FirstEnergy's Perry nuclear power plant (credit: News-Herald file photo).
FirstEnergy / Nuclear Energy

Ohio’s nuclear future uncertain, subsidies in New York, Illinois get court victories

COLUMBUS — “Bills going through the Ohio legislature that would subsidize the state’s two nuclear power plants have stalled, but similar energy credits approved in Illinois and New York have won their first round of legal battles. FirstEnergy has been lobbying for a Zero Emission Nuclear Resource Program or ‘ZEN’ […]

FirstEnergy Corp. plans to retire units 1 through 4 at the seven-unit W.H. Sammis coal plant in Stratton, Ohio, in May 2020. Executives at FirstEnergy and Ohio coal producer Murray Energy have tried unsuccessfully to get the U.S. Department of Energy to invoke an emergency order that would keep FirstEnergy's coal plants online.
Coal / Energy / FirstEnergy

Experts: DOE had no choice but to reject lifeline for FirstEnergy coal units

NEW YORK, NY — “The U.S. Department of Energy’s decision to rebuff pleas for immediate action to preserve a fleet of FirstEnergy Corp. unregulated coal plants was not hugely surprising to industry observers, who said the agency likely did not want to pre-empt current procedures amid industry stakeholder and legal […]