On the Blogs: FirstEnergy’s Double Standard

first_imgOn the Blogs: FirstEnergy’s Double Standard FacebookTwitterLinkedInEmailPrint分享Dennis Wamsted at WamstedOnEnergy:These two aging facilities—the Sammis plant’s newest unit is 45 years old while the oldest is 57; the Davis-Besse facility is 39 years old but it has a history of serious maintenance problems—have been battered by the drop in natural gas prices, the influx of new wind and solar generation, and the continued stagnation in overall electricity demand. The battering has been so bad that they essentially can’t compete in the current market, and FirstEnergy is asking state regulators to bail them out while hitting customers with new monthly charges that could run into the billions of dollars over the coming eight years.In its pleadings with the Ohio PUC, FirstEnergy has said the bailout is essential to keep the plants operating, and that the plants, in turn, are needed to maintain reliable, affordable electric supplies in the state—in other words, could I get a little re-regulation here, please.In defending the company’s proposal, Doug Colafella, a FirstEnergy spokesman, told the Toledo Blade: “We like to think of it as an insurance policy against volatility and the future uncertainty of the marketplace. It’s a concept we think will benefit customers because it considers the long-term volatility of the marketplace.”That doesn’t sound at all like the pro-competition track laid down by former CEO Alexander (Remember, “competitive markets, over time, will produce the lowest prices for customers.”) or the pro-competition testimony offered just months ago in Maryland regarding renewables (Remember, “competitive markets, not regulatory mandates, provide the most economical solution….”).Well, the competitive markets have spoken in Ohio (and the broader PJM territory in which FirstEnergy’s generating units operate), and Sammis and Davis-Besse simply can’t compete. This point was driven home by PJM itself in a recent report: “The simple fact that a generating facility cannot earn sufficient market revenue to cover its going-forward costs does not reasonably lead to the conclusion that wholesale markets are flawed,” PJM wrote. “More likely, it demonstrates that the generating facility is uneconomic.”It’s time for FirstEnergy to stand by its competitive mantra and close those two plants, not seek to soak its customers for billions for plants that are no longer economic.Full item: FirstEnergy Fails the Test on Utility Competition With Its Bailout Bidlast_img read more

One killed in Guilford ATV crash

first_imgGuilford, In.— Indiana Conservation Officers say a Sunday night ATV crash in Dearborn County claimed the life of a 60-year-old Guilford man. Daniel James Thomas was pronounced deceased at the intersection of North Dearborn Road and Ennis Ridge Road around 8:20 p.m.Investigators believe Thomas was northbound on North Dearborn Road when he attempted a left turn, causing the ATV to roll onto its side. The ATV slid into a tree, collapsing the roll cage onto Thomas. Thomas was wearing a seatbelt and harness but no helmet.last_img read more

Choosing Content thats Most Appropriate for Your Business

first_imgA content marketing strategy should always be considerate of its designated application.There isn’t a blanket approach to content that will work for every company. This is especially true when a business is in the initial phase of launching a campaign and has delusions of being able to offer every type of content under the sun from the outset. Content diversity is so high that no company would be able to encompass all of it in an unpolished strategy.Instead, companies should focus on improving their core set of offerings. Keeping it simple is always a smart approach. If you dedicate your resources to continually posting valuable short-form content, for example, you can hone that particular skill.There will always be time to expand the types of content your company offers. The most pressing issue will be developing and refining what you already have. For more information on choosing the right content for your business, watch the video from OpenView Labs featuring Joe Pulizzi.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to PrintPrintShare to EmailEmailShare to MoreAddThislast_img read more