Post Tagged with: "utility bailouts"

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 Senator Matt Dolan, a Republican, @ElectMattDolan says he's working on an HB6 alternative & questions the need to pass nuke subsidies by June 30.
FirstEnergy / Ohio Utility Bailouts

Day of reckoning nears for Ohio nuclear bailout bill

COLUMBUS — “Next week will be an important one in deciding the fate of Ohio’s two nuclear power plants and the state’s green-energy mandates. House Bill 6, which would bail out FirstEnergy Solutions’ Davis-Besse and Perry nuclear plants and scrap Ohio’s energy-efficiency and renewable-energy standards for utilities, must be passed […]

Giant, inflatable pig at center of protest about bill involving Davis-Besse
Energy / FirstEnergy / Ohio Utility Bailouts

Giant, inflatable pig at center of protest about bill involving Davis-Besse

BOWLING GREEN — “Critics of a controversial bill aimed at saving Ohio’s commercial nuclear industry did more than just argue over the merits of splitting atoms and the challenges of managing radioactive waste on Monday. They rallied around a pig. Not just any pig, mind you. A giant, inflatable pig […]

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 […]

Crain’s editorial: Fix it
Energy / FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Crain’s editorial: Fix it

CLEVELAND — “House Bill 6, a measure passed May 29 that would subsidize the state’s struggling coal and nuclear plants, is bad policy. It’s now up to the Ohio Senate to put consumers first, think more expansively about the future, and correct at least some of the bill’s flaws before it […]

Perry Nuclear Power Station as seen from Headlands State Park, Mentor, Ohio (Credit: Wainstead/Public Domain)
Energy / FirstEnergy / Nuclear Energy / Ohio Utility Bailouts

Costs of FirstEnergy nuclear bailout bill could exceed out-of-pocket subsidies

An analysis by grid operator PJM considers losses if Ohio nuclear subsidies deter new generation. COLUMBUS — “A bill to subsidize FirstEnergy Solutions’ two Ohio nuclear plants could cost customers even more than the hundreds of millions of dollars in direct charges proposed to prop up those plus two older coal […]

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

Are Ohio’s two nuclear power plants profitable? Depends who you ask

COLUMBUS — “An Ohio Senate panel spent much of Tuesday morning hearing arguments between consultants paid by supporters and foes of bailing out two nuclear power plants over a seemingly straightforward question: are the two nuclear plants profitable or not? Paul Sotkiewicz, a Florida-based energy economics analyst, laid out to the Senate […]

Editorial: Energy bailout bill needs Senate changes to truly be clean
FirstEnergy / Nuclear Energy / Ohio Utility Bailouts / Renewable Energy

Editorial: Energy bailout bill needs Senate changes to truly be clean

“Moving to renewable energy is essential to reducing the effects of climate change, but the standards have done more than just that. A Public Utilities Commission of Ohio report says the energy efficiency standard alone has saved $5.1 billion on Ohioans’ electric bills, and a recent report by the economy […]

West facade of the Ohio Statehouse. Credit: Wikipedia
Featured Story / Ohio Utility Bailouts

How did your Representative vote on HB 6?

Ohio House Bill 6 passed the Ohio House of Representatives on May 29, and it’s now heading to the Ohio Senate. This bill would create add an extra charge on all Ohioans electric bills, creating a bailout tax to fund failing nuclear and coal plants, one of which is in […]

Bill key to Davis-Besse’s survival passes in Ohio House
FirstEnergy / Nuclear Energy / Ohio Citizen Action / Ohio Utility Bailouts

Bill key to Davis-Besse’s survival passes in Ohio House

COLUMBUS — “Ohio Citizen Action Executive Director Rachael Belz described HB 6 as starting out as ‘another disappointing example of redistribution of wealth,’ and said it got worse as it went through the Ohio House. ‘This vote also makes us question our legislature’s commitment to improving our economy. If they […]