FERC has stepped in to block a pair of controversial Ohio power purchase agreements (PPA) designed to keep currently uneconomic coal and nuclear generating units owned by FirstEnergy Corp. and American Electric Power Co. (AEP) in operation.
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FERC Blocks Ohio Income Guarantee For Uncompetitive Coal, Nuclear Plants
FERC has stepped in to block a pair of controversial Ohio power purchase agreements (PPA) designed to keep currently uneconomic coal and nuclear generating units owned by FirstEnergy Corp. and American Electric Power Co. (AEP) in operation.
April 28, 2016
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