Post Tagged with: "nuclear energy"

Ohio Senate approves controversial energy bill; final approval still pending
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts / Uncategorized

Ohio Senate approves controversial energy bill; final approval still pending

COLUMBUS — “Opponents called the bill a case of government picking winners and losers and favoring one industry over another. State Sen. Joe Uecker, R-Miami Twp., said the bailout sets a ‘bad precedent.’ Scaling back mandates for utilities to buy energy from renewable sources and offer efficiency programs will lead […]

Senate nuclear subsidies plan ends energy efficiency requirements
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Senate nuclear subsidies plan ends energy efficiency requirements

“A new version of the comprehensive energy bill, HB6, was introduced in the Ohio Senate on Monday that would charge residential ratepayers $0.85 a month on their electric bills to bail out the state’s two nuclear power plants. That fee, along with charges to commercial and industrial users, would generate […]

The Brazos Wind Farm, also known as the Green Mountain Energy Wind Farm, near Fluvanna, Texas. (Wikimedia Commons)
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts / Ohio's Clean Energy Future

An Ohio Energy Revolution

“In the legislative cram-down that has attended H.B. 6, the bill’s utility and labor-union proponents have mouthed a number of weak arguments, hoping to give the bailout some plausible reasoning. None of them have stuck. First, H.B. 6’s sponsors said that if nuclear power plants went out of business, power […]

FirstEnergy Solutions faces heavy opposition from federal authorities over the restructuring plan it has proposed in federal bankruptcy court. The company's hopes for a May 6 vote by major creditor groups on its proposal to create a new company, with its own stock, now appear unrealistic, given the across-the-board opposition by the U.S. EPA, the NRC, FERC, the SEC and the court's own U.S. Trustee. The FES proposal would include the continued operation of its nuclear power plants, including the Perry nuclear plant.
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Deadline is blown, but Ohio nuclear plant operators say there’s still time for bailout

“Rep. Mark Romanchuk, R-Ontario, said the Davis-Besse plant east of Toledo and the Perry Nuclear Power Plant northeast of Cleveland have received $10.2 billion in state subsidies since 1999. ‘I think that’s enough,’ he said. Both plants are operated by Akron-based FirstEnergy Solutions, which asked for the state bailout. FirstEnergy […]

State Senator Theresa Gavarone
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts / Ohio's Clean Energy Future

Some green put back in Senate version of state energy bill

“’It’s going to really prevent cities from losing money on renewable energy,’ Gavarone, R-Bowling Green, said on Wednesday night. ‘I’m pretty excited about this. This is important to Bowling Green.’ Bowling Green officials turned to Gavarone after feeling their concerns about green energy were ignored by State Rep. Haraz Ghanbari, […]

The Perry Nuclear Power Station in Lake County, Ohio. Photo by
FirstEnergy Corp. / Flickr / Creative Commons
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Ohio’s nuclear ‘bailout’ bill changed again. Here’s what you need to know.

COLUMBUS — “Ohio’s bailout of two nuclear plants once again includes renewable energy from solar to wind energy, but changes might not appease critics of the controversial plan. A panel of state senators on Wednesday made big changes to House Bill 6, which generated controversy for providing a hefty bailout to First Energy […]

No nuke bailout — Editorial
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts / Uncategorized

No nuke bailout — Editorial

“The best thing that can be said about House Bill 6 — the bailout of FirstEnergy Solutions’ Davis-Besse and Perry nuclear power plants — is that it is no longer masquerading as anything other than the ugly sweetheart deal that it is. Weeks ago, the state House dispensed with the pretense that […]

Editorial: Don’t pass nuclear bailout without plan for renewable energy
FirstEnergy / Nuclear Energy / Renewable Energy

Editorial: Don’t pass nuclear bailout without plan for renewable energy

“As The Dispatch already has opined, the nuclear bailout could be palatable, given the plants’ economic importance and the fact that they produce 90% of all Ohio clean energy, if HB 6 truly were the ‘clean energy’ measure its sponsors touted. They said the 50-cents-per-month fee paid by each customer […]

State should not bail out old nuclear power plants
FirstEnergy / Nuclear Energy

State should not bail out old nuclear power plants

“Here are some numbers Rulli and other area state legislators should consider as they decide on Ohio’s energy future: Trumbull Energy Center is expected to bring $1.8 billion in economic benefits to the state from construction to 40 years of operation, including payments to local schools and governments. Gas transportation […]

All six of FirstEnergy Solutions' coal and nuclear plants, four of which are in Ohio, are in danger of closing. Photo by NRC
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Nuke plants seeking $150 million annual bailout not interested in verifying need

COLUMBUS — “Nuclear power plants purchase fuel every 18-24 months. It just so happens one of the two plants in question is about to reach that point. The Davis-Besse plant is scheduled to make a purchase around July 1, 2019 because its fuel will run out in February 2020. It takes […]