FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp. (NYSE: FE), announced on December 8, 2015, that the Nuclear Regulatory Commission (NRC) has approved a 20-year license extension for the Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, allowing the unit to operate until 2037.
The NRC's decision to renew Davis-Besse's license comes following extensive safety and environmental reviews, public meetings and comments. The plant's original license was set to expire on April 22, 2017, and FENOC submitted a license renewal application to the NRC in 2010. Davis-Besse is the 81st nuclear reactor in the United States to receive a license extension from the NRC.
Davis-Besse is capable of generating 908 megawatts, or enough electricity to power more than one million households. In addition, plant operations displace more than 7.1 million metric tons of carbon dioxide annually, approximately the same amount of carbon dioxide released by more than 1.4 million cars each year.View Full Story
Includes Major Benefits to Customers and Aggressive CO2 Reduction Target
FirstEnergy Corp.'s Ohio utilities filed a comprehensive settlement in support of Powering Ohio's Progress, their proposed Electric Security Plan (ESP) at the Public Utilities Commission of Ohio (PUCO) on December 1, 2015. The PUCO is expected to rule on the settlement in early 2016.
The settlement filed by FirstEnergy's Ohio utilities – Ohio Edison, The Illuminating Company and Toledo Edison – outlines ambitious steps to safeguard customers against retail price increases in future years, deploy new energy efficiency programs, and provide a clear path to a cleaner energy future by reducing carbon emissions. It has been signed by 16 parties, including the PUCO staff, EnerNOC, an energy management solutions provider, and Ohio Partners for Affordable Energy, a low-income customer advocacy group.
The settlement outlines an eight-year rate provision associated with a Purchased Power Agreement (PPA) with Ohio baseload power plants. The rate provision will help protect customers against rising retail price increases and market volatility, while helping preserve vital baseload power plants that serve Ohio customers and provide thousands of family-sustaining jobs in the state. The PPA includes the Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, the W.H. Sammis Plant in Stratton, Ohio, and a portion of the output of Ohio Valley Electric Corporation (OVEC) units in Gallipolis, Ohio, and Madison, Ind.
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FirstEnergy has launched a Scam and Fraud Information section on its website to help raise awareness of fraudulent activity and educate utility customers about these threats to their personal safety and security. The new site, available at www.firstenergycorp.com/scaminfo, describes known scams targeting utility customers, and provides tips and resources to help consumers identify fraudulent schemes.View Full Story
02/08/2016FirstEnergy Introduces Environmental Campaign Focused on a Cleaner Energy Future
FirstEnergy Corp. (NYSE: FE) has introduced a new branding campaign that demonstrates the company's commitment to a cleaner energy future. "The Switch is On" campaign highlights FirstEnergy's environmental achievements and transition to cleaner energy sources.
02/08/2016FirstEnergy Launches Environmental Campaign Focused on a Cleaner Energy Future; Includes Green Offer for Ohio and Pennsylvania
FirstEnergy Corp. (NYSE: FE) has introduced a new branding campaign that demonstrates the company's commitment to a cleaner energy future. "The Switch is On" campaign highlights FirstEnergy's environmental achievements, its transition to cleaner energy sources, and a green energy electricity option from FirstEnergy Solutions for residential customers in Ohio and Pennsylvania.
02/04/2016FirstEnergy TV Spot Featuring Renovated Dwayne Browder Field to Air During Super Bowl
A youth football league game on a recently renovated football field in east Cleveland is the focus of a new FirstEnergy television spot that will air during the Super Bowl on Sunday, February 7.
02/02/2016FirstEnergy Invested $95 Million in 2015 in Met-Ed Service Area to Help Enhance Electric System
As part of its ongoing efforts to enhance its electric system, FirstEnergy Corp. (NYSE: FE) invested $95 million in 2015 in its Metropolitan Edison (Met-Ed) service area on reliability infrastructure projects and other work, including substation expansions and installing remote-control equipment designed to help reduce the number and duration of power outages.
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