Post Tagged with: "Nuclear"

Energy Secretary Rick Perry's former campaign chairman, Jeff Miller (second from left), sat behind Perry during his Senate confirmation hearing (Credit: C-SPAN).
Energy

Lobbying: Longtime aide cashes in after fixing Perry’s ‘oops’ image

WASHINGTON, DC — “Jeff Miller directed Rick Perry’s 2016 presidential campaign and shepherded the Energy secretary through the Senate confirmation process. Now, he’s cashing in. A handful of energy companies paid Miller’s recently launched lobbying practice $1.17 million through the first nine months of 2017, federal lobbying disclosures show. The […]

The Oregon Clean Energy Center near Toledo, now fully operational, is the first of as many as 10 large gas turbine power plants either under construction, approved or planned for Ohio by independent power producers. Each of the plants will generate nearly 1,000 megawatts and run around he clock, increasing the pressure on old coal and nuclear power plants. However, the federal Department of Energy has proposed to federal regulators a Grid Resiliency Pricing Rule to help keep old coal and nuclear plants from closing, with the Federal Energy Regulatory Commission expected to take final action on the rule soon (Credit: Oregon Clean Energy Center).
Ohio Utility Bailouts

Ohio manufacturers ask FERC to say ‘no’ to new energy tax: Ryan Augsburger (Opinion)

CLEVELAND — “The Federal Energy Regulatory Commission will soon decide whether or not to increase the price of electricity paid by manufacturers and working families in Ohio and across the Northeast and Midwest. If enacted, the proposed rule change would deal a serious blow to America’s manufacturing competitiveness by requiring consumers to […]

Consumer groups maintain rate increase cases and power purchase agreements filed by the utilities are muddying the waters of Ohio's energy market.
Utilities

Power Failure: How utilities across the U.S. changed the rules to make big bets with your money

CHARLESTON, SC — “Listen to the folks who run some of our biggest electric utilities: Tom Fanning, chief of Southern Company, in 2016 about its nuclear project in Georgia, which is years behind schedule: ‘It has gone beautifully. And we’re on schedule.’ Kevin Marsh, CEO of SCANA, in 2016 about […]

IEEFA Update: FirstEnergy, out of step with the times, sells gas and hydro assets to shore up fading coal-fired plants
Coal / FirstEnergy

IEEFA Update: FirstEnergy, out of step with the times, sells gas and hydro assets to shore up fading coal-fired plants

As American electricity markets modernize, an Ohio utility stays the same CLEVELAND — “If there’s a standout feature in today’s fast-changing electricity-generation landscape, it’s that coal-fired and nuclear power plants cannot compete with those that run on natural gas or renewable energy. This will remain the case for the foreseeable […]

Operating a nuclear power plant is expensive, whether it involves re-fueling, major renovation work like FirstEnergy faced at Davis-Besse 15 years ago shown here, or federally ordered upgrades following the disaster at Fukushima. And now the nuclear industry faces tough competition from independent builders of gas turbine plants. FirstEnergy has been seeking new customer fees to keep its nuclear plants profitable. But even with the extra charges, the company would probably sell the plants because it no longer wants to risk competitive markets. (Plain Dealer file )
FirstEnergy / Nuclear Energy

FirstEnergy nuclear charges crucial to operating or selling Davis Besse, Perry, says CEO

AKRON — “FirstEnergy’s top executive says the company will continue to press Ohio lawmakers for new customer-paid subsidies for its nuclear power plants even though it may not own them in the future. ‘I am going to continue to fight for this … legislation because it is the right thing […]

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

FirstEnergy’s nuclear zero emission credits may have stalled

COLUMBUS — “FirstEnergy’s effort to convince state lawmakers that it must have more than $300 million a year in new customer charges to keep its nuclear power plants running is approaching a stall point. The Ohio Senate’s Public Utilities Committee wrapped up its fourth hearing Thursday on the special nuclear […]

The Perry nuclear power plant would get a consumer-paid subsidy if a proposal by its owner FirstEnergy is approved by Ohio lawmakers. The company is also hoping the Trump administration will re-design regional wholesale power markets to give more money to companies with large coal and nuclear power plants, even if the power the generate is more costly than that of wind and gas turbine plants. (photo: JOHN KUNTZ)
FirstEnergy / Nuclear Energy

Lucas Co. commissioners against new subsidies for FirstEnergy

TOLEDO — “Lucas County Commissioners today urged state lawmakers to reject a proposal to create new subsidies for FirstEnergy to shore up its struggling nuclear power plants and have the utility’s customers foot the bill through rate increases. House Bill 178, or the Zero Emission Nuclear credit bill, would provide a […]

Dynegy CEO uses FirstEnergy’s words against it in nuclear-subsidy fight
FirstEnergy / Nuclear Energy

Dynegy CEO uses FirstEnergy’s words against it in nuclear-subsidy fight

COLUMBUS — “The CEO of Ohio’s largest power plant owner is using an electric utility’s own words against it in the latest battle over state energy policy. In new testimony, Dynegy Inc. CEO Bob Flexon laid out a lengthy list of reasons against proposed subsidies for FirstEnergy Corp. nuclear plants, […]

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 dim idea
Energy / FirstEnergy

FirstEnergy’s dim idea

TOLEDO — “FirstEnergy thinks its Davis-Besse and Perry nuclear power plants are so wonderful that Ohioans should pay 5 percent more on their electric bills for the privilege of sharing a state with them. …FirstEnergy also argues that unlike facilities that rely on wind and sunlight, nuclear plants operate around […]