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

Tartans close in 3-1 loss

first_imgGLENDORA – It wasn’t its time, but is not far off. The Tartans dropped a 3-1 decision to Buena High, the fourth-ranked team in the nation, on Tuesday in the second round of the CIF-Southern Section Section Division I playoffs. The Tartans (14-9-3) in what coach said was the school’s first playoff victory last Friday, and they stood toe to toe with the Bulldogs (26-3-2). Buena’s Emily Cressy scored 30 minutes into the game. Five minutes later, Sidney Garza converted a rebound off the hands of Tartans goalie Lauren Acosta, who had six saves. Cressy’s third goal just two minutes into the second half gave the Bulldogs plenty of breathing room, but Glendora refused to lay down. Sophomore Aissa Sanchez scored an unassisted goal in the middle of the second half for the Tartans. Sanchez, a cross country standout, said she was excited at the progress Rizzon’s program has made. “I’m not sad because this is great experience for the future,” she said. “I am really glad we got this far, and to score a goal against a team that doesn’t give up many is a real special thing.” center_img Rizzon, in his third year at Glendora, has put together a program that opposing coaches say is the fastest-rising in the Valley. “If we had to lose, this was the way it should be,” he said. “They are a better team, but I am proud of my girls for playing hard the entire game on their level.” Glendora High School’s girl soccer team defeated Harvard-Westlake 1-0 Paolo Rizzon Junior Daelyn Paul scored a goal and had an assist, but St. Lucy’s suffered a 3-2 overtime defeat to Long Beach Wilson in another Division I game. The Bruins (19-3-5) scored in the last minute of regulation to send the game to overtime. “We worked so hard and played so well, and to lose it like this is pretty devastating,” Paul said. “I am really proud of all my teammates.” St. Lucy’s ended its season at 14-9-5. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more