OVEC

Thanks to Midwest utilities, regulators and a pair of unprofitable power plants, electricity customers in Ohio, Kentucky and Indiana will get a lump of coal this holiday season. The owners keep running these plants at a big loss – projected at over $5 billion – resulting in higher electricity prices and polluting power that isn’t… Keep reading →

FirstEnergy: Bankruptcy Court Asserts Primacy Over FERC; Approves Rejection Of Power Purchase Agreements

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

AEP, one of Ohio’s largest utilities, just reached an exciting new milestone that takes the state further down the path to a clean energy economy. The utility has reached a settlement that will unlock millions in funding, lower pollution, avoid unnecessary electricity bill increases, and provide customers with more clean energy options. New benefits In AEP’s recent… Keep reading →