Dayton Power & Light

IEEFA Research

IEEFA Report: ‘Natural Security’ Argument for Saving 2 Power Plants Is a Red Herring Meant to Distract From an Ohio Valley Electric Bailout

Keeping Kyger Creek and Clifty Creek on Life Support Would Cost Ratepayers $1.4 Billion; Market Conditions Will Continue to Undermine Viability of Aging Coal-Fired Plants; Public Resources Are Better Spent on Investing in Transition; Neither Generator Is Needed for Grid Stability

June 20, 2017  (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published a research brief questioning a bill in the Ohio legislature that would bail out two failing coal-fired power plants owned by the Ohio Valley Electric Corporation (OVEC) and keep the plants alive at huge expense to ratepayers. The plants […]

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Proposed Bailout of Two Power Plants in Ohio Loses Momentum

Columbus Dispatch: A proposal to subsidize two coal-fired power plants is no longer on a fast track and might not pass at all. This is a shift from last month, when House Bill 239 seemed to be moving quickly toward becoming law, despite opposition from consumer and environmental groups. The Ohio House Public Utilities Committee […]

June 21, 2017 Read More →

IEEFA Report: ‘Natural Security’ Argument for Saving 2 Power Plants Is a Red Herring Meant to Distract From an Ohio Valley Electric Bailout

Keeping Kyger Creek and Clifty Creek on Life Support Would Cost Ratepayers $1.4 Billion; Market Conditions Will Continue to Undermine Viability of Aging Coal-Fired Plants; Public Resources Are Better Spent on Investing in Transition; Neither Generator Is Needed for Grid Stability

June 20, 2017  (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published a research brief questioning a bill in the Ohio legislature that would bail out two failing coal-fired power plants owned by the Ohio Valley Electric Corporation (OVEC) and keep the plants alive at huge expense to ratepayers. The plants […]

In ‘Deepening Industry Decline,’ 2 Coal-Fired Electricity Plants in Ohio Will Close Next Year

Reuters: Electricity company Dayton Power & Light said on Monday it would shut down two coal-fired power plants in southern Ohio next year for economic reasons, a setback for the ailing coal industry. Dayton Power & Light, a subsidiary of The AES Corporation, said in an emailed statement that it planned to close the J.M. […]

March 21, 2017 Read More →

Ohio Utility, ‘Once Hopeful and Confident’ on Coal, Dials Back Its Expectations

Darren Sweeney for SNL: Once hopeful and confident about the prospects of receiving an income guarantee for more than 2,000 MW of coal-fired generation in Ohio, Dayton Power and Light Co. pivoted to retiring and selling coal capacity to advance its new, six-year electric security plan. The AES Corp. subsidiary filed a settlement agreement Jan. […]

February 1, 2017 Read More →

Two Ohio Coal Plants Slated for Retirement

Dan Testa for SNL: Dayton Power and Light Co. will retire two coal plants and develop wind and solar projects under a proposal submitted to Ohio regulators Jan. 30. Under the agreement with key intervenors, AES Corp. subsidiary DP&L will retire the coal-fired 2,308-MW J.M. Stuart and the 600-MW Killen Station plants in June 2018, […]

January 31, 2017 Read More →

With Bailouts Under Federal Scrutiny, Ohio Utilities ‘Look to Legislature’

Ohio utilities are likely to urge an end to the state’s current competitive market for generation and take other actions in the wake of federal regulators’ decision this week to halt wholesale electric deals for affiliates’ less competitive plants. On Wednesday, the Federal Energy Regulatory Commission announced it would require commission scrutiny before American Electric […]

April 29, 2016 Read More →
Institutional Investors Are Walking Away From Ohio Utility Companies That Insist on Coal

Institutional Investors Are Walking Away From Ohio Utility Companies That Insist on Coal

Hundreds of Millions of Dollars in Divestment From One Fund Alone

Utilities in Ohio and West Virginia clinging stubbornly to coal-fired power plants for electricity generation are finding the strategy backfiring in a way they might not have anticipated. Some of the world’s biggest investors are saying no thank you to enterprises so deeply—and dangerously—attached to coal. They include Norway’s Government Pension Fund Global, or GPFG, […]

April 22, 2016 Read More →
Data Bite: The Shrinking U.S. Coal-Fired Electricity Map; Here’s a Snapshot From Ohio
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Data Bite: The Shrinking U.S. Coal-Fired Electricity Map; Here’s a Snapshot From Ohio

A Decline to 59 Percent of Power Generation in 2015 from 82 Percent in 2010

Where better to get a picture of the coal industry’s rapidly declining share of the electric generation pie in the U.S. than Ohio, a battleground state for energy issues?   Coal historically has made up the lion’s share of electricity generation in Ohio, and the coal industry has wielded the political clout to match. Even […]

Another Utility Bailout Is in the Works in Ohio

Another Utility Bailout Is in the Works in Ohio

Dayton Power & Light Follows in the Shameless Footsteps of FirstEnergy and American Electric Power

Dayton Power & Light has decided to follow in the shameless footsteps of FirstEnergy and American Electric Power as it seeks a ratepayer bailout for its coal-fired generation in Ohio. DP&L is pushing the Public Utilities Commission of Ohio to approve a 10-year power purchase agreement under which DP&L Ohio customers would pay for the […]

March 22, 2016 Read More →