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Main | Competition drives nuclear industry to look for millions in subsidies »
Saturday
Aug182018

Vigilance needed against FirstEnergy Nuclear's attempted ratepayer/taxpayer robbery to prop up dangerously old atomic reactors

As reported by the Fremont (Ohio) News-Messenger: "Perry, Davis-Besse nuclear power plants move one step closer to deactivation."

However, as Akron, OH-based FirstEnergy officials make clear in their quotes in the article, the company's lobbyists' quest continues for state-level bailouts (as from the state legislatures in OH and PA -- FirstEnergy also owns/operates Beaver Valley in Shippingport near Pittsburgh), regional bailouts (as from the PJM grid operator), and even federal bailouts.

Re: the latter, NIRS, Public Citizen, and UCS board member Peter Bradford recently reported that the FirstEnergy so-called "emergency request" (bending old laws to the breaking point) to President Trump and Energy Secretary Perry, if approved, could cost the public (ratepayers and taxpayers) a total of $34 billion (yes, with a B) per year, half in old nuke bailouts, and half in old coal bailouts.

Obviously, FirstEnergy's announced closure dates for its atomic reactors at Perry, Davis-Besse, and Beaver Valley must be viewed with deep skepticism. Multiple announced reactor closure dates in NY and IL were simply reversed, when massive public bailouts were awarded, to keep dangerously old reactors operating. The announced closures were simply used as a lobbying ploy to secure bailouts -- the nuclear power plant workers' jobs, local tax revenues, etc., were threatened, till complicit decision makers went along -- at public expense, and increasing safety risk to countless communities downwind and downstream.

Here are links to related media coverage: