Coal

Unusual alliances emerge in Ohio over plan to prop up coal and nuclear plants

The Cardinal power plant near Brilliant, Ohio.

COLUMBUS — “Ohio energy companies, state agencies and other groups are forming some unexpected alliances in their positions for and against a federal proposal to subsidize coal and nuclear power over other forms of electricity.

The proposed rule from the Department of Energy calls on FERC to revise its pricing rules to guarantee recovery of costs and profits for various coal and nuclear plants with on-site fuel storage. The move would protect those plants from some of the competition from natural gas generation and, to a lesser extent, from renewables.

‘This case is about whether Ohioans and other customers across the country will be made to subsidize uneconomic power plants at a time when Ohioans should be benefitting in their electric bills from lower prices in the competitive generation markets,’ said a filing by the Office of the Ohio Consumers’ Counsel with federal regulators. ‘Making customers pay subsidies to power plant owners is a bad idea.'”

— Kathiann M. Kowalski, Midwest Energy News

link to full article

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