Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Saturday, May 19, 2018

FirstEnergy’s Dangerous Push For An $8B Bailout: What You Need To Know

FirstEnergy’s Dangerous Push For An $8B Bailout: What You Need To Know

By By Environmental Defense Fund Energy Exchange Blog,   /  May 18, 2018 10:00 AM

A mega utility from Ohio is appealing to the Trump administration for an unprecedented $8-billion, ratepayer-funded bailout, even pointing to a 1950s Korean War Act for relief. It’s FirstEnergy’s last-ditch appeal after losing previous efforts to prop up a fleet of failing coal and nuclear plants. The company’s Washington-based lobbyists have the ears of Energy
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