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Category: firstenergy

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