Post Tagged with: "utility bailouts"

On June 15 about 100 demonstrators gathered in Columbus, Ohio to ask the Public Utilities Commission of Ohio (PUCO) to deny FirstEnergy's request for a rate hike to support its aging coal plants.
Coal / Energy / FirstEnergy / Uncategorized

Green energy advocates: Coal is unsustainable in more ways than one

COLUMBUS — “Environmentalists have said for years that coal and other fossil fuels are not sustainable sources of energy. Now advocates of green energy are arguing that coal has also become economically unsustainable. Coal has reportedly become a bad investment, even in countries with large coal reserves. FirstEnergy Corp. began […]

Jessica Smith-Szabo, staff director for Ohio Citizen Action, addresses the crowd in Columbus at a rally protesting FirstEnergy’s utility bailout request in April 2015.
Coal / Energy / FirstEnergy

“No Coal Bailout” protest in Columbus

COLUMBUS — Over a hundred people turned up in front of the Public Utility Commission Office (PUCO) to protest against the request by FirstEnergy  for a bailout of their outdated coal plants and their Davis-Besse nuclear plant. Ratepayers showed up with signs lined up in front of the building on […]

Rally to oppose Ohio dirty energy bailouts
Coal / Energy / FirstEnergy

Rally to oppose Ohio dirty energy bailouts

COLUMBUS — “Thanks to the 7,367 letters from Ohio Citizen Action members like you, the Public Utilities Commission of Ohio (PUCO) rejected AEP’s request to raise rates to bailout out the Kyger Creek and Cliffty Creek coal plants. The Ohio Consumers’ Counsel estimates this request would have increased rates for […]

PUCO Chairman Andre Porter
AEP / Coal / Duke Energy / Energy / FirstEnergy / Uncategorized

New PUCO head puts off ruling on income guarantees for power plants

COLUMBUS — “The new chairman of the Public Utilities Commission of Ohio had a chance on Thursday to rule on income guarantees for certain power plants, but he decided to leave the matter open, with no timetable for resolution. Andre Porter was sworn in last month and faces a docket […]

Debunking FirstEnergy’s bailout arguments
Coal / Energy / FirstEnergy

Debunking FirstEnergy’s bailout arguments

COLUMBUS — “FirstEnergy, the giant Ohio-based company that owns power plants and transmission lines in several midwestern and northeastern states, is running out of arguments for its proposed bailout. The Public Utility Commission of Ohio (PUCO), which is currently considering the proposal by FirstEnergy for substantial, customer-funded subsidies to bail […]

Standing from left to right: Bryan Sonnega, Casey Worth, Christina Calderon, Dan Kerschner, Cory Stewart, Mike Blood, and JC Satt. Front row: Jordan Opst, Jacob VanWagoner, Annie Kreutzber, and Noah Yasi.
AEP / Coal / Duke Energy / Energy / FirstEnergy / Ohio Citizen Action

6,677 letters to stop the utility bailouts in Ohio

Cincinnati Canvass Cleveland Canvass CINCINNATI and CLEVELAND — As of May16, 6,677 Ohio Citizen Action members have sent handwritten letters urging the Public Utilities Commission of Ohio and Governor John Kasich to stop the financial bailout of Ohio’s outdated, least efficient coal plants. FirstEnergy, American Electric Power and Duke Energy […]

Income-guarantee request envelops Davis-Besse nuclear plant in controversy again
Coal / Energy / FirstEnergy

Income-guarantee request envelops Davis-Besse nuclear plant in controversy again

COLUMBUS — “As FirstEnergy prepares for what will be a bruising hearing, company officials are saying Davis-Besse’s electricity is a type of ‘green’ power, with almost zero harmful emissions, and warning that the plant may close without the stability of an income guarantee. ‘Davis-Besse produces enough carbon-free electricity to energize […]

AEP revises request for coal-plant income guarantee
AEP / Coal

AEP revises request for coal-plant income guarantee

COLUMBUS — “The filing with the Public Utilities Commission of Ohio, made late on Friday, is an addition to one made last October, taking into account what has happened since then in the electricity market and with PUCO rulings. The October proposal addressed four coal-fired power plants: W.H. Zimmer, J.M. […]

May 19, 2015 FirstEnergy shareholders meeting in Akron protested by pastors, vets, labor, students, and retirees.
Coal / Energy / FirstEnergy

FirstEnergy investors infuriated over company’s pro-coal stances

AKRON — “Nearly a dozen shareholder groups are furious with FirstEnergy for its stance on  energy efficiency rules and its efforts to hang onto its coal-fired power plants as long as possible. They argue that FirstEnergy’s campaign in 2014 to kill Ohio energy efficiency rules, its reluctance to embrace renewable […]

AEP had sought a guaranteed rates for some of its older plants, including one near Conesville, Ohio.
AEP / Coal / Energy

AEP now wants quick decision on latest power purchase agreement proposal

COLUMBUS — “American Electric Power Company Inc. isn’t resting in its quest to guarantee the financial stability of its Ohio coal-fired power plants. The company now is asking state regulators to render a decision – and fast – on an expansive power purchase agreement so it can decide if it […]