November 2, 2024

FirstEnergy Solutions (FES)

Gregory Varnum, CC BY-SA-3.0, via Wikimedia
NRC Inspectors Find 5 Safety Violations at Davis-Besse Nuke
A special inspection team sent by the Nuclear Regulatory Commission to the Davis-Besse nuclear power plant in Ohio on July 27 found five safety violations.
NRC
Bankruptcy Court OKs Legal Fees of $65 Million in FES Case
A federal judge in Ohio approved of legal fees of more than $65 million and expenses totaling $2.7 million in the FirstEnergy Solutions bankruptcy case.
Nuclear Regulatory Commission
US Bankruptcy Judge Continues to Mull Akin Gump’s Final Fees
A U.S. bankruptcy court has again delayed the final payment of a legal bill that Akin Gump charged FirstEnergy Solutions in its restructuring case.
NRC
Akin Gump Public Policy Team Helped Win Ohio Nuke Bailout
Affidavits filed in U.S. bankruptcy court reveal Akin Gump helped FirstEnergy win passage of Ohio HB 6, but they denied knowledge of any illegal activity.
Ohio Lawmakers Repeal Nuclear Subsidy for Energy Harbor
Ohio lawmakers voted unanimously to eliminate the $1.1 billion customer-paid subsidy they created to bail out of the state’s two nuclear power plants.
MOPR, COVID Drive 2020 Policies in PJM
COVID-19 was the defining problem of 2020 as PJM worked to overcome difficulties in coordinating deliberations on a host of issues, including the MOPR.
NJ Scrutinizing JCP&L over FirstEnergy Bribe Probe
The New Jersey BPU voted to hold a public hearing on JCP&L in response to the ongoing bribery scandal involving its parent, FirstEnergy.
FirstEnergy Earnings Call Overshadowed by Probes
FirstEnergy’s positive third-quarter financial results were overshadowed by questions about ongoing federal investigations into the company.
FirstEnergy Fires Jones over Bribe Probe
FirstEnergy fired CEO Charles Jones and two others over an alleged bribery scandal in Ohio after two men pleaded guilty in the scheme.
UPDATE: FirstEnergy, AEP CEOs Deny Wrongdoing
AEP CEO Nick Akins said that his company is innocent of wrongdoing in the alleged bribery scheme that resulted in the passage of Ohio H.B. 6, echoing a similar protestation by FirstEnergy CEO Charles Jones.

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