Ohio
FirstEnergy supports the DOE's call to support nuclear and coal-fired units, but that won’t stop the company from selling off its merchant generation fleet.
The Public Utilities Commission of Ohio (PUCO) rejected challenges to their order awarding FirstEnergy a subsidy worth more than $600 million.
FirstEnergy CEO Chuck Jones said that he thinks the “country is heading for a disaster” because of its over-reliance on natural gas for generating power.
The CEO of FirstEnergy said the company plans to seek subsidies - zero-emission credits (ZECs) - for its Ohio nuclear plants to make them attractive to buyers.
AEP Ohio proposed a new retail rate plan that would more than triple residential customers’ fixed charges but doesn't include subsidies for its merchant generation.
This week's state briefs include news on California, Maine, Michigan, North Carolina, Ohio, Oklahoma, Pennsylvania, South Dakota and other states.
This week's state briefs include news on California, Connecticut, Idaho, Kentucky, Maine, Massachusetts, Maryland, Minnesota, Nebraska, New Jersey and others.
This week's state briefs include news on Arizona, Connecticut, Illinois, Michigan, Mississippi, North Dakota and other states.
This week's state briefs include news on Arizona, California, Connecticut, Illinois, Kansas, Louisiana, Maine, Nebraska, New York and other states.
PUCO rejected the FirstEnergy (NYSE:FE) request for a $558 million annual subsidy for eight years, awarding only $132.5 million annually for three years.
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