AKRON, Ohio: FirstEnergy Corp. (NYSE: FE) today issued a Request for Proposal (RFP) to purchase both Ohio-compliant Solar Renewable Energy Credits (SRECs) and Renewable Energy Credits (RECs) for its Ohio utilities – Ohio Edison, The Illuminating Company and Toledo Edison. The purchases will help meet the companies’ 2019 renewable energy targets established under Ohio’s alternative […]
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With the Trump administration’s efforts to prop up coal and nuclear capacity having stalled, Ohio legislators are looking to throw a lifeline to FirstEnergy’s nuclear plants. Ohio state lawmakers are moving ahead on a bill that would gut the state’s renewable energy and energy efficiency funding in order to bail out nuclear power plants owned […]
“Over time, these coal-fired power plants will just become more and more unviable.” The uphill battle confronting coal seems to be getting steeper. A new global analysis of 6,685 coal plants finds that it is now cheaper to build new renewable generation than to run 35 percent of coal plants worldwide. By 2030, that percentage increases dramatically, […]