Utility to close coal power plants in Ohio, Pennsylvania
Source: Associated Press
Julie Carr Smyth, Associated Press
Updated 2:03 pm CDT, Thursday, August 30, 2018
COLUMBUS, Ohio (AP) An Ohio-based energy company said Wednesday it is closing its last coal-fired power plants in Ohio and Pennsylvania, a move decried by the coal industry and called inevitable by environmentalists.
FirstEnergy Solutions said it plans to shut down its remaining four coal plants by 2022. The three Ohio plants are on the Ohio River in Stratton. Its last Pennsylvania coal plant is in Shippingport. The plants employ a combined 550 people.
The company said it can't compete in the regional wholesale markets that are managed by grid manager PJM Interconnection.
"Our decision to retire the fossil-fueled plants was every bit as difficult as the one we made five months ago to deactivate our nuclear assets," said Donald Moul, FES Generation Companies president and chief nuclear officer, in a statement.
Read more: https://www.chron.com/news/us/article/Utility-to-close-coal-power-plants-in-Ohio-13192818.php
Achilleaze
(15,543 posts)Cirque du So-What
(25,943 posts)let's hope that's how he takes it.
BamaRefugee
(3,483 posts)The big executives? Hell no, they're rich, thus immune from prosecution in the United States of Trump.
Wellstone ruled
(34,661 posts)Not sure,but if one owns CSX or Norfolk Southern Rail Stocks,you need to dump it pretty darn soon.
AZ8theist
(5,477 posts)What a bunch of rubes....