First Energy to Close Davis-Besse & More 2017 or 2018

[Rennhack]

FirstEnergy Corp., which owns  Davis-Besse  is planning to sell or close the plant and several others in 2017 or early 2018.

http://www.wkyc.com/mb/news/local/ohio/davis-besse-plant-may-be-closed-in-cost-cutting-move/380390567#

[Red Gold]

I wonder how many other plants will suddenly find their future operations uncertain due to their operating companies deciding to announce closures if they don't get a Quad Cities / Fitzpatrick / Clinton type helping hand from the hosting states? My concern is that the answer may be "quite a few".

[scotoma]

Indian Point 2021

[SloGlo]

aye hired first energy as my electric company inn pencilvania, butt eye mite reconsider iffen they cell off there nukes.

[mjd]

Astonished. What's changed since 2014 when FE decided to spend $800M replacing SGs and completing the FLEX addition? Were they betting it would guarantee a later (already decided) sell? If it doesn't sell and FE pulls the plug are the rate payers going to have to eat that $800M?

[GLW]

Astonished. What's changed since 2014 when FE decided to spend $800M replacing SGs and completing the FLEX addition? Were they betting it would guarantee a later (already decided) sell? If it doesn't sell and FE pulls the plug are the rate payers going to have to eat that $800M?

within so many years,...

they just write it off,....

[youtube height=200 width=250]https://www.youtube.com/watch?v=rCZRqH7sRyA[/youtube]

[Bonds 25]

One of my favorite Seinfeld scenes. I cant watch it because youtube is blocked, but I can replay it in my head....so thanks.

[mjd]

within so many years,...

they just write it off,....

[youtube height=200 width=250]https://www.youtube.com/watch?v=rCZRqH7sRyA[/youtube]

Darn... why didn't I think of that? Just shows why I'm not qualified to be on a Board of Directors... but I am qualified to be bored of directors.

[hamsamich]

Give me a call you can be a part of my company.  Vandelay industries.  Look us up on the web.  We do latex.

[Rennhack]

Give me a call you can be a part of my company.  Vandelay industries.  Look us up on the web.  We do latex.

[hamsamich]

Like Red Gold says maybe First Energy is pulling a "Vandelay Industries".  I don't blame them.

[Brett LaVigne]

Shutting down plants seems to be an epidemic as of late. Maybe we need to take a look at Hamster farming and wheel production plants for our future energy needs?

[hamsamich]

Say Vandelay Say Vandelay!