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Category: bailout

FirstEnergy Recordsdata for Chapter; To Shut four Nuclear Reactors

Late Saturday evening March 31st, whereas a lot of the nation was sleeping, FirstEnergy filed for chapter safety. The unsecured creditor with essentially the most publicity is Financial institution of New York Mellon Belief ($1 billion). The BNSF Railway is Read More

FirstEnergy Shamelessly Begs DoE to Prop Up Uneconomic Coal and Nukes

Yesterday, FirstEnergy submitted an outrageous request to the U.S. Division of Vitality (DOE). The Ohio-based utility big desires DOE to bail out not solely its uneconomic coal and nuclear crops, however all ailing crops throughout the PJM Interconnection area – Read More

Will the Ohio Supreme Court docket Shut Down FirstEnergy’s Bailout As soon as and For All?

For years, FirstEnergy has been in search of a bailout for its uneconomic coal and nuclear crops. The Ohio-based utility lastly acquired its want in late 2016, when the Public Utilities Fee of Ohio (PUCO) accepted greater than $600 million Read More

Illinois Has Loads of Energy, Says New Report. So, Why Bail Out Dynegy’s Coal Vegetation?

Since final 12 months, Dynegy has tried to strong-arm Illinois legislators and regulators into permitting it to pollute extra. So as to add insult to damage, the Texas-based vitality large desires to cost clients extra to take action. It’s a Read More

New Federal Tax Legislation is a Boon for Electrical Utilities, One other Motive To not Bail Out Ohio’s Coal and Nuclear Crops

New Federal Tax Legislation is a Boon for Electrical Utilities, One other Motive To not Bail Out Ohio’s Coal and Nuclear Crops – The Vitality Collective This website makes use of cookies, for plenty of causes. By persevering with to Read More