Ohio

IEEFA Research

IEEFA Ohio: Damn Tradition, Bailouts Are Where It’s At

IEEFA Ohio: Damn Tradition, Bailouts Are Where It’s At

Update: FirstEnergy Piles Insult Onto Billions of Dollars in Injury by Threatening to Move Its Headquarters From Akron

Call me old-fashioned, but I’ve always thought investor-owned electric utilities were set up to provide power to consumers who paid for what they got.    In states where electricity is deregulated, utility companies compete for customers—just like any other business does. And in states where utilities are regulated, public-utility commissions determine how rates are set […]

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FirstEnergy’s Scheme to Protect Aging Power Plants in Ohio Will Cost Ratepayers $4 Billion

FirstEnergy’s Scheme to Protect Aging Power Plants in Ohio Will Cost Ratepayers $4 Billion

A Utility Company’s Subsidy Plan Ignores the New Energy Economy

We’ve published a report today that outlines in fresh detail how the proposed bailout of the Ohio utility giant FirstEnergy is a raw deal for ratepayers. Our report, “A $4 Billion Bailout in the Buckeye State,” concludes that the FirstEnergy scheme, if approved by the Pubic Utility Commission of Ohio, would cost ratepayers across northern […]

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In Ohio, AEP and FirstEnergy Adopt an Audacious Strategy That Could Cost Ratepayers Dearly

In Ohio, AEP and FirstEnergy Adopt an Audacious Strategy That Could Cost Ratepayers Dearly

A Model First Established in West Virginia Is Being Pushed Now in the Buckeye State

We’ve posted a research note today that explains how reregulation schemes in Ohio by FirstEnergy and AEP bear a striking resemblance to one approved in West Virginia that resulted in a recent push to raise electricity rates by 12.5 percent. The gist of our memo, “West Virginia Bailout Emboldens FirstEnergy and AEP in Ohio,” is […]

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Cost of Coal From Mine-Mouth Prairie State Plant Isn’t the Bargain That Was Promised

Cost of Coal From Mine-Mouth Prairie State Plant Isn’t the Bargain That Was Promised

Cost of Coal From Mine-Mouth Prairie State Plant Isnt the Bargain That Was Promised By Tom Sanzillo, Director of Finance, IEEFA

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2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus (pdf) By David Schlissel, Director of Resource Planning Analysis, Institute for Energy Economics and Financial Analysis

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Report: How the High Cost of Power from Prairie State is Affecting Bowling Green Municipal Utilities’ Customers (Update)

Report: How the High Cost of Power from Prairie State is Affecting Bowling Green Municipal Utilities’ Customers (Update)

  Report: How the High Cost of Power from Prairie State is Affecting Bowling Green Municipal Utilities’ Customers Updated as of October 6, 2014 (pdf) By David A. Schlissel, Director of Resource Planning Analysis  

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Report: FirstEnergy Seeks a Subsidized Turnaround

Report: FirstEnergy Seeks a Subsidized Turnaround

FirstEnergy: A Major Utility Seeks a Subsidized Turnaround (pdf) By Tom Sanzillo, Director of Finance and Cathy Kunkel, Fellow Institute for Energy Economics and Financial Analysis

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Report:  No evidence of a turnaround at Prairie State

Report: No evidence of a turnaround at Prairie State

No Evidence of a Turnaround at Prairie State (pdf) By David Schlissel, Director of Resource Planning Analysis

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Report: How the high cost of power from Prairie State is affecting Bowling Green municipal utilities’ customers

Report: How the high cost of power from Prairie State is affecting Bowling Green municipal utilities’ customers

How the high cost of power from Prairie State is affecting Bowling Green Municipal utilities’ customers (pdf)  

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Memo – Why should the Ohio Attorney General be asked to investigate the Prairie State deal?  August 21, 2013

Memo – Why should the Ohio Attorney General be asked to investigate the Prairie State deal? August 21, 2013

Memo – Why should the Ohio Attorney General be asked to investigate the Prairie State deal? (pdf)

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More News and Commentary

Murray Coal Wants an Ohio Bailout

Dayton Business Journal ($): Dayton Power & Light Co. doesn’t want the coal supplier to two of its plants to intervene in a settlement that could see the plants closed. The company, owned by AES Corp., filed a memorandum with the Public Utilities Commission of Ohio opposing the motion by Murray Energy Corp. to intervene […]

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Grass-Roots Resistance to Pipeline Company’s Eminent Domain Orders in West Virginia

Stuebenville (Ohio) Herald-Star: As a 29-year Army soldier and former West Virginia State Police trooper, trooper, Larry Helmick said he is no stranger to the federal courthouse in Wheeling, where he and dozens of other property owners face a sweeping eminent domain lawsuit from the company building the $4.3 billion Rover Pipeline. “I have testified […]

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FirstEnergy’s Latest Subsidy Strategy

Tom Knox for Columbus Business First: The fight over the future of Ohio’s legacy power plants is about to heat up with a new wrinkle as a utility attempts to have customers subsidize the state’s two nuclear power plants. Ohio just labored through a similar debate on a question roiling energy policy in several states: […]

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A Record Quarter for Wind-Generation Expansion in the U.S.

Ashleigh Cotting for SNL: Wind saw its best fourth quarter since 2012, with 6,071 MW brought online, bringing the total for capacity installations during 2016 to 8,029 MW. A total of 1,089 MW of planned wind capacity was announced during the fourth quarter. The largest announced project was the Rockaway Peninsula Offshore Wind Project. The […]

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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. […]

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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, […]

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Ohio Governor Cites Job Growth in Veto of Legislators’ Freeze on Renewables

Peter Krouse for the Cleveland Plain Dealer: In vetoing Substitute House Bill 554, Kasich credited Ohio’s “wide range of energy generation options” with helping to grow jobs in the state over the past six years. “Sub. HB 554 risks undermining this progress by taking away some of those energy generation options, particularly the very options […]

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Editorial: Ohio Governor Must Block Legislators’ War on Renewables

From the Cleveland Plain Dealer: Gov. John Kasich has said he would veto any bill that extended Ohio’s freeze on alternative energy and energy efficiency standards. That was a wise bar: Ohio’s freeze for the past two years — and uncertainty about state energy policy going forward — already has pushed green energy investments and […]

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Ohio Legislator Who Opposes Renewables Installs Solar Panels on His House

Dan Gearino for the Columbus Dispatch: A state legislator who has long battled the renewable-energy industry caused gasps and laughter Thursday night when he revealed he, of all people, is getting solar panels at his house. Sen. Bill Seitz, R-Cincinnati, made the comments in response to critics who say he doesn’t like clean energy. His […]

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Ohio Editorial: The High Economic Costs of Ignoring Renewables

From the Cleveland Plain Dealer: How much in denial of economic realities are our elected representatives in Columbus? t least $100 million worth. That’s how much First Solar spends annually on its production lines and research and development labs in the Toledo area, testified Colin Meehan, First Solar’s director of regulatory affairs. The company employs […]

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