Even amid lower overall electricity consumption due to Covid-19 mitigation efforts, natural gas-fired power generation grew 55,000 GWh year/year through the first half of 2020, according to the Energy Information Administration (EIA). Comparing the first six months of 2019 to the first six months of 2020, natural gas was the fastest growing source of electric…
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Ohio Speaker, Others Tied to Bribery Scheme for Nuclear Power Bailout Opposed by Natural Gas, Oil Industry
Ohio Speaker of the House Larry Householder was arrested Tuesday and charged in a federal racketeering conspiracy for his alleged role in helping to pass legislation last year to provide subsidies for two nuclear power plants operated by FirstEnergy Corp. subsidiaries. An 80-page criminal complaint filed by the U.S. Attorney’s Office for the Southern District…
The Ohio Supreme Court provided a glimmer of hope last week for opponents of state House Bill (HB) 6, which mandates $150 million in annual subsidies over seven years for two nuclear power plants in the state, and is therefore seen as a threat to natural gas-fired power generation.
The Ohio Supreme Court provided a glimmer of hope on Tuesday for opponents of state House Bill (HB) 6, which mandates $150 million in annual subsidies over seven years for two nuclear power plants in the state.
Construction of what would be one of Ohio’s largest natural gas-fired power plants has started in the heart of the Utica Shale, despite nuclear power subsidies set to take effect next year that have derailed other projects.
Despite strong opposition from the natural gas industry, environmental groups and others, the Republican-controlled Ohio legislature on Tuesday passed a bill to subsidize two nuclear power plants operated by bankrupt subsidiaries of FirstEnergy Corp.
The Ohio Senate has passed a bill to prop up two nuclear power plants in the state operated by bankrupt subsidiaries of FirstEnergy Corp.
Yet another state will support nuclear power plants with subsidies as New Jersey regulators last week officially approved a zero emissions credit (ZEC) program that both gas-fired generators and environmental groups had fought.
Yet another bill to support struggling nuclear power plants with state subsidies has been introduced, this time in Ohio, where FirstEnergy Corp. subsidiaries have announced plans to close the state’s two reactors without legislation or market reform to help them. The natural gas industry immediately decried the legislation as it continues to fight similar proposals nationwide.
Incentives for nuclear power plants being advanced in various parts of the country appeared to gain ground Monday when the U.S. Supreme Court denied the Electric Power Supply Association’s (EPSA) petition challenging state subsidies for the facilities in New York and Illinois.