Electrical Generation | Energy Services | FirstEnergy | Industrywide Issues | Litigation | Ohio | Statewide OH
FirstEnergy Fires CEO, OH Cities Sue to Block Nuke Bailout Pymts
It’s all starting to come undone for FirstEnergy Corporation. Last week two of Ohio’s three largest cities sued to block annual $150 million payments to FirstEnergy’s Energy Harbor subsidiary on the basis those payments are ill-gotten gain, the result of FirstEnergy bribing government officials to pass House Bill 6 (HB 6) and keep it passed (see FirstEnergy Involved in Bribery Scheme to Pass $1B Nuke Bailout Law). Also happening last week: FirstEnergy’s board of directors fired its CEO and two other senior managers in light of the mushrooming scandal.
Read More “FirstEnergy Fires CEO, OH Cities Sue to Block Nuke Bailout Pymts”
In July, now-former Ohio House Speaker Larry Householder and four of his associates were indicted for felonies related to an alleged $60 million bribery scandal in passing the hugely unpopular House Bill 6 (see 
Petulant anti-fossil fuel nutters in New Jersey have succeeded in bullying NJ Transit into dropping a plan to build a backup (to be used in emergencies only) gas-fired power plant in Kearny, NJ. Score another victory for green bullies.
Sometimes plans change, for the better! That’s what has happened with a Marcellus-fired power plant planned for Clinton County, PA called the Renovo Energy Center. The last time we wrote about Renovo was in February 2018 (see 
We think we’ve spotted a potential new export market for northeastern Pennsylvania natural gas. New Fortress Energy (NFE) issued a joint announcement yesterday with the Philippine National Oil Company (PNOC) to say NFE will build LNG infrastructure and new gas-fired power plants in The Philippines. The two signed a “memorandum of understanding” (MOU).
Well that’s disappointing. Earlier this year Energy Solutions Consortium (ESC) asked the State of West Virginia to guarantee a $5.5 million loan for a proposed new shale gas-fired power plant planned for Brooke County which would help them secure even more funding for the project. Several weeks ago the state went one better than the original request and said it would not only guarantee the loan, it would actually make the loan (see 
This is extremely frustrating. FirstEnergy subsidiary Energy Harbor is accused of bribing former Ohio House Speaker Larry Householder and several of his associates to pass (and stay passed) a $1.1 billion bailout bill that funnels electric ratepayer (i.e. taxpayer) money into the hands of FirstEnergy, to prop up two uneconomic and failing nuclear power plants (see 
You know anti-fossil fuelers are getting desperate when they make silly claims like a clean-burning natural gas power plant on the Hudson River (Orange County, NY) is killing crows and trees. One well known anti claims she witnessed the “sudden death” of 200 crows. And the trees in her backyard are “collapsing.” It’s all supposedly because of a nearby state-of-the-art power plant.
Competitive Power Ventures’ (CPV) Fairview Energy Center, a 1,050-megawatt natural gas AND ethane-fueled combined-cycle electric generating plant in Cambria County, PA, went online ahead of schedule back in December (see 
Last week Ohio Attorney General Dave Yost filed a racketeering lawsuit against FirstEnergy, former Ohio House Speaker Larry Householder, and four of Householder’s associates, all related to an alleged $60 million bribery scandal in passing the hugely unpopular House Bill 6 (see 
Last week the extremely unpopular Pennsylvania Governor, Tom Wolf, vetoed a bill that would have given all citizens in the Keystone State, via their elected representatives in the state legislature, a say in whether or not the state should join the Regional Greenhouse Gas Initiative (RGGI). RGGI is a huge new $2.4 billion tax on coal and gas-fired power plants that will drive up the cost of electricity dramatically across the state.
On Sept. 10, a day after a meeting of the West Virginia Economic Development Authority meeting, we reported (based on media reports) that the Authority had voted to approve a $5.5 million loan guarantee for a proposed new shale gas-fired power plant planned for Brooke County, WV (see 
The results of a new “push poll” aimed at brainwashing people (as opposed to an honest poll reflecting people’s actual opinions) have just been released claiming most Pennsylvania voters think a $2.36 billion tax they will pay over the next 10 years after joining the Regional Greenhouse Gas Initiative (RGGI) is just lovely.