Ohio
Ohio Attorney General Dave Yost rejected a draft petition to repeal the state’s nuclear subsidy program via ballot referendum, citing factual errors.
AEP CEO Nick Akins praised Ohio’s controversial bill creating subsidies for nuclear and coal plants during the company second-quarter earnings call.
Ohio legislators approved a bill to subsidize FirstEnergy Solutions’ nuclear plants on Lake Erie, providing a lifeline to the industry in PJM.
The Ohio Senate passed the Clean Air Act to curb state renewable energy mandates and create subsidies for nuclear and coal plants.
The clock may have run out for Ohio lawmakers to rescue nuclear power plants along Lake Erie, as a concession to renewable supporters failed to win a vote.
Ohio lawmakers are being asked to trade ratepayer-funded renewable energy mandates for the jobs and carbon-free energy of FirstEnergy’s nuclear plants.
The Ohio Supreme Court overturned a 2016 decision by regulators that netted FirstEnergy extra revenue through a distribution modernization rider.
Three nuclear plants facing early retirements in Pennsylvania and Ohio would keep consumer costs lower if they stay online, PJM concluded.
A plan pending before the Ohio Legislature could divert ratepayer funds away from renewable resources to subsidize nuclear and fossil fuel plants.
As part of its bankruptcy filing, FirstEnergy Solutions has requested the authority to end its long-held “sponsorship” of the Ohio Valley Energy Corp (OVEC).
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