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Toledo, Ohio & Lake Erie

The Press Newspaper

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        Despite having reached a tentative agreement with creditors that may stave off bankruptcy, the subsidiary of FirstEnergy Solutions Corp. that operates the Davis-Besse Nuclear Power Station has filed requests with federal regulators to amend operating licenses and continue preparations for permanently shutting down the power plant.

        FirstEnergy Nuclear Operating Co. has recently requested amendments from the Nuclear Regulatory Commission that would:

-Modify the licenses to reflect the facility’s condition when permanently defueled, which will require fewer systems and components.

- Modify the plant’s post shutdown emergency plan to adjust staffing needed when the plant ends operations.

        The company said the requests are consistent with previously announced plans to shut down the nuclear plant by May 31, 2020 in the event it doesn’t receive financial support from the state or federal legislatures.

        FENOC is asking regulators to approve the amendments within a year.

        Last month, FirstEnergy Solutions, the generation subsidiary of FirstEnergy Corp., announced it had reached a restructuring support agreement with creditors in a bankruptcy case filed last April in U.S. Bankruptcy Court for the Northern District of Ohio. But company management added the caveat the agreement wouldn’t extend the life of the company beyond the planned deactivation dates of its power plants without legislative assistance and changes in the market.

         FirstEnergy has also announced it plans to deactivate the Perry Nuclear Power Plant in Perry, O. by May 2021 and units 1 and 2 of the Beaver Valley Power Station in Shippingport, Pa. by May 2021 and October 2021 respectively.

        One option the company is pursuing to keep its nuclear plants operating is for the state to adopt a program of zero emission credits that would create a revenue stream from users. Other states have established similar credits.

        Proponents of the zero emission credits argue they are needed to preserve the reliability of the transmission grid and would provide a balance of power sources.

        An analysis of projected demand for power during winter months was conducted last year by PJM, a regional transmission organization that coordinates the movement of wholesale electricity in Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. 

        It showed no major reliability problems on the system over a prolonged period of cold weather with a “typical winter load.” The study accounted for announced retirements of power plants and new generation slated to be in operation by 2023.

        “Even in a scenario such as extreme winter load combined with a pipeline disruption at a critical location on the pipeline system from which a significant number of generators are served, PJM’s system would remain reliable and fuel secure. While there could be reserve shortages in the extreme winter load scenarios, the grid continues to deliver electricity reliably under these extreme conditions,” the analysis said.

       

 

Universal Income

What do you think of presidential candidate Andrew Yang's proposal for a universal basic income of $1,000 per month for every adult?
32550042 [{"id":"323","title":"It will help millions of people who are increasingly losing their jobs to automation.","votes":"1","pct":8.33,"type":"x","order":"1","resources":[]},{"id":"324","title":"No, if the proposal is paid for by tax payers.","votes":"10","pct":83.33,"type":"x","order":"2","resources":[]},{"id":"325","title":"Yes, if billionaires pay for it, as labor costs disappear due to automation.","votes":"1","pct":8.33,"type":"x","order":"3","resources":[]}] ["#194e84","#3b6b9c","#1f242a","#37414a","#60bb22","#f2babb"] sbar 160 160 /component/communitypolls/vote/118-universal-income No answer selected. Please try again. Thank you for your vote. Answers Votes ...