NukeWorker Forum

News and Discussions => Nuke News => Topic started by: SloGlo on Jul 27, 2019, 06:08

Title: ohio's gov inks bill
Post by: SloGlo on Jul 27, 2019, 06:08

https://www.utilitydive.com/news/breaking-ohio-passes-controversial-nuke-subsidy-bill-by-one-vote/559342/

Title: Re: ohio's gov inks bill
Post by: Mounder on Jul 28, 2019, 10:30

"The legislation also provides nearly $50 million per year in new customer-paid subsidies to the Ohio Valley Electric Corp., which operates two large coal-burning power plants, built in 1955. Owned by three investor-owned Ohio utilities, OVEC loses money selling into the PJM wholesale markets." ....wow.   Somehow, people are more concerned about First Energy's money use.

Title: Re: ohio's gov inks bill
Post by: Mounder on Jul 28, 2019, 10:31

 ....wow.   Somehow, people are more concerned about First Energy's money use.

Title: Re: ohio's gov inks bill
Post by: Mounder on Jul 28, 2019, 10:35

Quote from: Mounder on Jul 28, 2019, 10:34

The legislation also provides nearly $50 million per year in new customer-paid subsidies to the Ohio Valley Electric Corp., which operates two large coal-burning power plants, built in 1955. Owned by three investor-owned Ohio utilities, OVEC loses money selling into the PJM wholesale markets.

....wow.   Somehow, people are more concerned about First Energy's money use.