FirstEnergy’s latest attempt to recast its Ohio plan to guarantee income for certain power plants remains fatally flawed in the eyes of challengers and other critics.
In the latest act in a years-long drama over Illinois' energy future, ComEd and Exelon have announced a new bill they say reconciles the state's competing interests.
An Ohio utility’s pursuit of a lifeline for an aging nuclear plant comes at a time when both economics and public opinion are aligning against nuclear power.
James Hansen, a scientist famous for sounding the alarm about climate change, visited Illinois to rally support for nuclear energy this week in a trip some saw as a push for state state legislation backed by Exelon.
An Illinois community is tired of playing host to nuclear waste, and a hearing in Chicago aims at opening up a transparent process toward finding a solution.
FirstEnergy’s plan to guarantee profits for certain nuclear and coal power plants isn’t just bad for competition in the energy sector, but for Ohio overall, say challengers.
Ohio energy leaders are not especially worried about future climate change impacts on their operations, despite two recent studies suggesting that extreme weather could cause significant problems by mid-century.
An Ohio utility and state regulators are still at odds, sources say, over a controversial rate case critics have labeled a “bailout” for a utility trying to guarantee sales for several nuclear and coal plants.
Over the past few weeks, Exelon has secured promises for an additional $1.6 billion or more in revenue from capacity auctions, calling into question the need for the Illinois legislature to step in to keep some power plants running.
FirstEnergy’s plan to make all of its Ohio utility customers essentially guarantee sales for certain coal and nuclear plants owned by its unregulated generation subsidiary is an even worse deal for consumers now than when FirstEnergy filed that proposal a year ago, say environmental advocates.