Nuclear plant owner warns it may resume closings

As reported by the Toledo Blade.

As the article reports, FirstEnergy has stated: 

… “Unfortunately, any additional negative news from the courts or the successful submission of petitions to put a referendum on the ballot will destabilize the financial situation of those plants,” reads a statement released by the company.

“This will force the company to move back on a path to deactivation if alternative measures to provide needed financial support do not arise quickly,” it said. …

Clearly, FirstEnergy is nervous about the the referendum opposing House Bill 6, as well as risks of pending litigation.

Thank you to Tim Judson of NIRS for calling this article to our attention.