Post Tagged with: "utility bailouts"

Editorial: Propping up coal, nuclear would be needless, destructive
Coal / Energy

Editorial: Propping up coal, nuclear would be needless, destructive

COLUMBUS — “President Donald Trump’s desire to prop up money-losing coal and nuclear plants is absurd enough on its face that one doesn’t need a lot of help arguing against it. Coal is losing its place to cleaner and cheaper natural gas. It is dirty and dangerous not only in the […]

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 […]

Ohio Valley Electric Corp.'s 1,304-megawatt Clifty Creek coal plant in Madison, Ind. Crowezr/Wikipedia
AEP / Coal / Duke Energy / FirstEnergy / Ohio Utility Bailouts

Money pit or fuel hedge? In Midwest, it depends who’s paying

WASHINGTON, DC — “How can two companies tell a federal judge that the 60-year-old coal plants are a financial albatross and simultaneously argue to utility regulators that the plants are a good investment for consumers? And rely on the work of the same consultant? The answer depends on who’s paying […]

Timeline: FirstEnergy bet on coal, nuclear and “bailouts”
Energy / FirstEnergy

Timeline: FirstEnergy bet on coal, nuclear and “bailouts”

CLEVELAND — “FirstEnergy’s financial predicament didn’t spring up overnight. The company has spent years asking Ohio lawmakers and regulators for extra money from ratepayers. Its lawyers and lobbyists have urged the federal government to give preferences to coal and nuclear plants to protect them from competition.  And now the company is […]

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 […]

Murray Energy’s war on clean energy in Ohio
Coal / Freeze on Clean Energy

Murray Energy’s war on clean energy in Ohio

Murray Energy lobbied on a bill to roll back renewable energy “mandates” in Ohio, while it fought for government intervention to bail out coal-fired power plants. COLUMBUS — “Coal producer Murray Energy lobbied on the latest bill to roll back renewable energy ‘mandates’ in Ohio, while it fought for government […]

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 […]

Coal’s best bet for a bailout may now come from Rust Belt
Coal / Energy / Renewable Energy

Coal’s best bet for a bailout may now come from Rust Belt

WASHINGTON, DC — “The U.S. coal industry’s best hope for a bailout may lie in the Rust Belt now that Washington’s plan has fizzled. The largest U.S. power grid — covering Pennsylvania, Ohio and other states — has been considering an initiative that may keep struggling coal plants afloat. The idea, […]

Shannon Baker-Branstetter
Duke Energy / Fixed Rate Hikes

Duke Energy seeks base fee increase, undercutting thrift (Opinion)

CINCINNATI — “You should be able to manage your utility bills by controlling how much energy you use at home. That’s logical and straightforward. But Duke Energy wants to change that. If Duke’s proposal to significantly raise its ‘customer fees’ is approved, you’d lose control over a big portion of […]