In 2015, FirstEnergy announced plans to achieve a 90 pct reduction in CO2 emissions from 2005 levels by 2045. To date, the company has reduced CO2 emissions by approximately 80 pct by implementing new technologies and retiring or transferring generation assets. The new goals represent a significant expansion of this target and reflect FirstEnergy's transformation to a fully regulated utility.
(Source: FirstEnergy Corp., PR, Website, 9 Nov., 2020) Contact: First Energy, www.firstenergycorp.com
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With the ruling, Ohio utilities have the option of seeking PUCO approval to voluntarily continue some or all of their energy-efficiency programs beyond 2020, but most haven’t yet decided their course of action.
FirstEnergy, whose subsidiaries provide power to Northeast Ohio and the Toledo area, has announced it will end two programs -- one $75 rebate for smart thermostats, and another that pays money for recycling old appliances.
AEP Ohio, which serves much of Central and Southeast Ohio, plans to continue at least some of its energy-efficiency programs, but has yet to determine the make-up and scope of the programs.
Dayton Power and Light has not yet decided which, if any, of its programs will continue past 2020.
In Southwestern Ohio, Duke Energycurrently offers a variety of energy-efficiency programs, including (among others) rebates for customers who install energy-saving devices, a monitor that offers bill credits to ratepayers who reduce energy usage during high demand periods, and discounted or even free LED lights, which cost anywhere between $1 and $8 per bulb.
As of last year, Ohioans were charged on their electric bills a fee averaging of $3.36 per month to support energy-efficiency programs, as well as programs (such as Duke’s energy monitors) designed to reduce power usage during peak demand times, according to the Ohio Environmental Council Action Fund.
That fee, as well as a renewable-energy mandate fee, has been eliminated by House Bill 6 and replaced with a new 85-cent surcharge that goes to bail out two Northern Ohio nuclear power plants owned by FirstEnergy Solutions, which changed its name to Energy Harbor late last month. (Source: Cleveland.com, 3 Mar.,2020)
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The Brattle Group will launch an RfP for the purchase of SPAECs this month.
Applications are due by February 5, 2019, and bids due by February 27, 2019. Deliveries of SPAECs are expected this year.
(Source: FirstEnergy, Renewables, 21 Jan., 2019)
Contact: The Brattle Group, (202 955-5050, (415) 217-1000, www.brattle.com; First Energy, www.firstenergy.com
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According to U.S. Energy Information Agency data, the closures will leave about two dozen coal-fired plants operational in Ohio and Pennsylvania. (Source: FirstEnergy Solutions, PR, The Virginian Pilot, AP, 30 Aug., 2018) Contact: First Energy Solutions, Donald Moul, Pres., www.fes.com, www.firstenergy.com
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Another FirstEnergy subsidiary Mon Power in West Virginia, had proposed acquiring the plant but the deal was rejected by Federal Energy Regulatory Commission (FERC) and opposed by West Virginia regulators.
(Source: FirstEnergy,Feb.21, 2018)
Contact: FirstEnergy, Charles Jones, CEO, President
www.firstenergy.com; PJM Interconnection, Andrew Ott, CEO, (866) 756-6397 - Media), www.pjm.com
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Akron-based FirstEnergy Corp. played a major role in the reduction. While it has continued to operate its two nuclear plants that don't emit any meaningful carbon, the company closed several coal-fired power plants in Ohio and boosted its use of renewable energy.
The decline is attributed to the advent of cheap shale gas which has caused new natural gas power plants to come online in Ohio and nearby states that sell their power into Ohio on a shared electric power grid. That's all while companies like FirstEnergy have shuttered coal plants that can't compete economically with natural gas-fired plants.
In 2005, approximately 88 pct of Ohio's electric power was coal generated. Today it is closer to 50 pct, according the the EIA.
Over 60 generation units at about 20 coal-fired plants have been closed down in Ohio since 2010.
(Source: US EIA, Crain's Cleveland Business, Others, Jan., 2018) Contact: US EIA, www.eia.gov; First Energy, www.firstenergy.com
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