Post Tagged with: "nuclear energy"

The Davis-Besse Nuclear Power Station (Credit: NRC)
Energy / FirstEnergy

FES to ask state for customer-paid subsidy to save nuclear plants

CLEVELAND — “FirstEnergy Solutions is hoping to emerge from federal bankruptcy court as a competitive nuclear power company, backed by new state subsidies and operating under new federally mandated market rules. The company already has begun the groundwork for that transformation, hiring a team of experienced lobbyists who have been […]

Ohio nuclear plants get stricter scrutiny after safety system problems
Energy

Ohio nuclear plants get stricter scrutiny after safety system problems

WASHINGTON, DC — “Federal regulators are watching the Davis-Besse and Perry nuclear plants in Ohio more closely after problems with backup systems surfaced at both sites within the last year. Speaking at a meeting about the Davis-Besse plant last month, Nuclear Regulatory Commission representatives seemed satisfied that appropriate measures had […]

FirstEnergy’s request for Trump relief draws more critics
Coal / Energy / FirstEnergy

FirstEnergy’s request for Trump relief draws more critics

TOLEDO — “The Office of the Ohio Consumers’ Counsel has filed a formal protest with U.S. Bankruptcy Judge Alan M. Koschik about FirstEnergy’s request for an emergency order from Mr. Perry to ensure the utility’s nuclear and coal-fired power plants remain economically viable. Created by the Ohio General Assembly in 1976, the […]

Trump to save coal, nuclear plants that are unable to compete
Coal / Energy / FirstEnergy

Trump to save coal, nuclear plants that are unable to compete

CLEVELAND — “The Trump Administration is moving to temporarily save old coal and nuclear plants like those owned by FirstEnergy. According to wire reports, the president has asked Secretary of Energy Rick Perry to create a ‘strategic electric generation reserve’ loosely patterned after the Strategic Petroleum Reserve created more than 40 […]

FirstEnergy must guarantee nuclear clean up, environmental groups tell feds
Energy / FirstEnergy

FirstEnergy must guarantee nuclear clean up, environmental groups tell feds

CLEVELAND — “FirstEnergy’s power plant subsidiaries have not put enough money into federally mandated decommissioning trust funds to pay for the shutdown and cleanup of each of its four nuclear reactors, charges an environmental group with a reputation as a legally effective environmental advocate. The Chicago-based Environmental Law and Policy […]

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 […]