Energy Harbor
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Nuclear
Vistra Expands Nuclear Portfolio in $3.4 Billion Deal for Energy Harbor
Texas-based energy company Vistra Corp. is adding to its nuclear power generation capacity. The group on March 6 announced it would buy Ohio-based Energy Harbor Corp. in a $3.4 billion deal that includes ownership of three nuclear power stations. The transaction includes $3 billion in cash, with Energy Harbor shareholders receiving a 15% stake in […]
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Coal
140 Workers Cut Permanently with Sammis Coal Plant Closure
Workers at the W.H. Sammis coal-fired power plant have been notified that a mass layoff will begin “sometime between March 14, 2023, and April 14, 2023.” The announcement was made public through a letter Energy Harbor Corp., owner of the plant, sent to the Ohio Department of Job & Family Services, as required under the […]
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News
Ohio Utility Says Two Coal Plants Could Close Next Year
An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously expected. Akron-based Energy Harbor made the announcement March 14. The company in a news release said it wants to be a carbon-free power generator by the end of […]
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Hydrogen
Power-to-Power Hydrogen Demonstration Involving Largest U.S. Nuclear Plant Gets Federal Funding
Palo Verde Generating Station, a 4-GW nuclear power plant in Arizona, is gearing up to produce hydrogen from a low-temperature electrolysis (LTE) system, and that hydrogen will then be used to fuel a natural gas–fired power plant owned by Arizona Public Service (APS). The innovative power-to-power demonstration led by PNW Hydrogen is set to receive […]
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News
FirstEnergy Fires CEO as Nuclear Bailout Probe Continues
FirstEnergy Corp. President and CEO Charles “Chuck” Jones was fired late Thursday after an internal review found Jones and two other company executives violated company policies in connection with an alleged bribery scheme. The case is connected to a legislative bailout of the state’s nuclear power plants that occurred in 2019. The law, known as […]
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Nuclear
Hydrogen May Be a Lifeline for Nuclear—But It Won’t Be Easy
Four U.S. nuclear generators—Energy Harbor, Xcel Energy, Exelon, and Arizona Public Service (APS)—are making headway on projects to demonstrate hydrogen production at nuclear plants, but scaling those efforts up to net new end-users and sources of revenue is still ridden with hurdles, company officials said in a panel discussion at the American Nuclear Society’s (ANS’s) […]