A bitter dispute concerning subsidies for nuclear generation that has divided the power sector grew more intense over the past week as Connecticut, Ohio, and Pennsylvania advanced efforts to keep…
Ohio
Ohio-based FirstEnergy Corp. has dropped the price of several assets as it continues to work toward closing a deal to sell five of the company’s natural gas-fired power plants, along…
Financially hemorrhaging in 2016 due to uneconomic power plants in its fleet, FirstEnergy Corp. said it may exit the competitive generation business by mid-2018, and shutter its nuclear plants in…
January 06, 2017 08:30 AM Eastern Standard Time CHARLOTTE, N.C.--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that its subsidiary, The Babcock & Wilcox Company (B&W), has been awarded…
An incident at J.M. Stuart Station—a 2,318-MW coal and diesel generating facility operated by Dayton Power and Light Co. (DP&L)—resulted in six people being treated for non-life-threatening injuries. Several media…
FirstEnergy Corp. will sell or deactivate 856 MW of coal-fired generation to reduce fleet operating costs. The company announced on July 22 that it plans to sell or deactivate the…
Throwing yet another twist into a long-running saga, the Federal Energy Regulatory Commission (FERC) on April 27 blocked a pair of power purchase agreements (PPAs) that would have supported continued…
Setting the stage for a drawn-out fight with ratepayer groups and other generators, the Public Utilities Commission of Ohio (PUCO) on March 31 approved proposals from FirstEnergy and American Electric…
Duke Energy is considering the sale of all or most of its international power plants, about 4,400 MW dispersed throughout Central and South America. The company's international business segment, Duke…
American Electric Power (AEP), through its subsidiary AEP Ohio, announced on Dec. 14 that it had filed a stipulated agreement with the Public Utilities Commission of Ohio (PUCO) in support…