Update: The oral argument for FirstEnergy’s case at the Ohio Supreme Court – described below – will begin on January 9, 2019, and a ruling is expected later this year. For years, FirstEnergy has been seeking a bailout for its uneconomic coal and nuclear plants. The Ohio-based utility finally got its wish in late 2016,… Keep reading →
The U.S. Supreme Court slows children’s climate lawsuit
In a closely watched battle between FirstEnergy Solutions and the Ohio Valley Energy Corporation that could have significant implications for the U.S. power sector
Last year, I highlighted how voters in Ohio overwhelmingly support developing more clean energy like solar and wind over more traditional resources like coal. Ohio has a remarkable opportunity to capture the benefits of a growing renewable energy market. A new report shows the state could boost supply chains and create local jobs by developing more wind and solar,… Keep reading →
A new utility settlement in Ohio is loaded with promising clean-energy components. Meanwhile, Ohio-based utility giant FirstEnergy continues to cling to the energy sources of the past. Encouraging settlement Along with FirstEnergy, Duke, and AEP, Dayton Power & Light (DP&L) is one of Ohio’s four investor-owned utilities that deliver electricity to people’s homes and businesses.… Keep reading →
Why do grocers mark down the price of asparagus in the spring, or strawberries in the summer? Because they’re in season and stores have excess supply, and they need to increase demand by cutting prices. The lower prices are a sign, or “price signal,” of excess supply, and the grocers are following the economic law… Keep reading →
Ohio-based utility FirstEnergy’s efforts to land a bailout from consumers have crossed over from the problematic to the absurd. With the Federal Energy Regulatory Commission (FERC) in January rejecting a bid to alter the electricity marketplace in ways that would favor some generating facilities over others, FirstEnergy last week launched an end-run around FERC, asking U.S. Energy Secretary… Keep reading →
For years, FirstEnergy has been seeking a bailout for its uneconomic coal and nuclear plants. The Ohio-based utility finally got its wish in late 2016, when the Public Utilities Commission of Ohio (PUCO) approved more than $600 million in customer-funded subsidies. The money was intended to help improve the credit ratings of FirstEnergy and its parent… Keep reading →
One state surprisingly stands out for reducing carbon emissions from electricity. Ohio saw an impressive 37.7 percent drop in its power sector’s carbon emissions from 2005 to 2015. Despite not having a stellar track record on clean energy, the Buckeye State, in fact, has become the nation’s carbon-reducing powerhouse: In absolute terms, Ohio slashed its carbon pollution… Keep reading →
Energy Secretary Rick Perry’s so-called grid reliability study will be nothing more than thinly-veiled propaganda for the coal industry and a tool to justify expensive government handouts to outdated power plants. How do we know? The tactic is ripped straight from FirstEnergy’s well-worn subsidy playbook. The Ohio-based utility has relentlessly sought a massive, customer-funded bailout… Keep reading →
