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Monday
Oct062014

"FirstEnergy: A Major Utility Seeks a Subsidized Turnaround"

IEEFA (the Institute for Energy Economics and Financial Analysis) has published a report, FirstEnergy: A Major Utility Seeks a Subsidized Turnaround. It is written by Tom Sanzillo, IEEFA Director of Finance, and Cathy Kunkel, IEEFA Fellow. It includes analysis of FirstEnergy's proposal to the Public Utilities Commission of Ohio, for a multi-billion dollar ratepayer bailout of FirstEnergy's Sammis and OVEC coal burners, as well as its Davis-Besse atomic reactor.