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TexasTowelie

(112,150 posts)
Thu Feb 23, 2017, 04:06 AM Feb 2017

FirstEnergy Will Sell or Close Both Ohio Nuclear Power Plants

UPDATE 2/22: The Plain Dealer reports that FirstEnergy does indeed plan to sell or close both the Perry and Davis-Besse nuclear power plants.

The Akron-based energy giant intends to offload all of its power plants by the middle of next year.

Original Story: 12/29/2016

USA Today reports that the Davis-Besse Nuclear Power Station might soon be shuttered or sold by FirstEnergy Corp.

FirstEnergy CEO Chuck Jones said in an industry conference that due to cheap energy sources like natural gas, and the state of Ohio's unwillingness to set energy prices above market rate, operating some power plants is no longer profitable. Davis-Besse is one of several plant in Ohio and Pennsylvania potentially on the chopping block.

Read more: http://www.clevescene.com/scene-and-heard/archives/2016/12/29/davis-besse-nuclear-power-station-could-soon-be-closed-or-sold-by-firstenergy

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