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PA Utilities Seek Solar PV Alternative Energy Credits (Ind. Report)
FirstEnergy Corp
Date: 2019-01-23
In the Keystone State, FirstEnergy Corp subsidiaries Pennsylvania Power Company, Pennsylvania Electric Company, and Metropolitan Edison Company, are reportedly seeking the purchase 120,500 Solar PV Alternative Energy Credits (SPAECs) annually over a two-year period. Suppliers will enter into a separate deal and provide the credits in tranches of 500 per year.

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

More Low-Carbon Energy News PV Solar,  Solar Energy Credit,  Brattle Group,  FirstEnergy Corp.,  Solar,  


Ohio Power Sector Leads in Cutting Carbon Output (Ind. Report)
FirstEnergy Corp,US EIA
Date: 2018-01-08
The U.S. Energy Information Administration (EIA) website is reporting that Ohio's electric power sector, the state's main source of carbon pollution, cut its carbon pollution from a peak of 132.6 million metric tons in 2005 to 82.6 million metric tons in 2015, while its western neighbor, Indiana trimmed its annual carbon output by 34.9 million metric tons over the same 10-year period.

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

More Low-Carbon Energy News US EIA,  Carbon Emissions,  FirstEnergy Corp,  

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