Ohio Valley Electric Corp. (OVEC)
FunksBrother, CC BY-SA 4.0, via Wikimedia Commons
Built by power companies for the DOD during the Cold War, Ohio Valley Electric Corp. is now part of a war fought by enviros against regulators, utilities.
Illinois is decarbonizing its electric generation, and Minnesota is focusing on EVs and transit emissions, but Ohio is keeping a coal plant subsidy.
Crowezr, CC BY-SA-3.0, via Wikimedia
FERC approved a $300,000 penalty against the Ohio Valley Electric Corp. for multiple violations of NERC's standards for vegetation management.
FirstEnergy has agreed to pay a fine for its role in the H.B. 6 scandal, which federal prosecutors described as the largest bribery scandal in Ohio history.
Energy Harbor will pay almost $66 million to cancel a solar purchase power agreement signed by its predecessor, FirstEnergy Solutions.
Energy Harbor has agreed to pay OVEC $32.5 million and drop its attempt to abrogate a 30-year power purchase agreement.
FERC approved FirstEnergy Solutions’ bankruptcy plan by allowing investment funds to convert secured and unsecured bond claims into a 50% equity stake.
FirstEnergy Solutions asked the Ohio Supreme Court to block a vote to repeal $150 million in subsidies for its two nuclear plants.
Ohio Attorney General Dave Yost approved a draft petition to repeal the nuclear subsidy program, giving supporters seven weeks to get 265,000 signatures.
Ohio Attorney General Dave Yost rejected a draft petition to repeal the state’s nuclear subsidy program via ballot referendum, citing factual errors.
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