Boston-based Clean Energy Future LLC, an independent power producer developing multiple natural gas-fired power plants in Ohio, is spearheading a new campaign to thwart regulated utilities’ efforts to restructure power markets. Clean Energy launched a website to raise awareness. American Electric Power Co. (AEP) and FirstEnergy Corp. have voiced their dissatisfaction with the competitive generation market in the state; both recently sold competitive generation assets in the region. The Federal Energy Regulatory Commission blocked power purchase agreements approved by Ohio regulators that would have guaranteed cost recovery for power produced by both companies at uneconomic coal and nuclear plants in the state. Clean Energy’s campaign comes at a time when private developers are stepping up to build dozens of gas-fired power plants in the Appalachian Basin.
© 2020 Natural Gas Intelligence. All rights reserved.
ISSN © 1532-1231 | ISSN © 2577-9877 |