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Magazines 

Vistra Expands Nuclear Portfolio in $3.4 Billion Deal for Energy Harbor

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Credit to Author: Darrell Proctor| Date: Mon, 06 Mar 2023 22:07:34 +0000

Texas-based energy company Vistra Corp. is adding to its nuclear power generation capacity. The group on March 6 announced it would buy Ohio-based Energy Harbor Corp. in a $3.4 billion deal that includes ownership of three nuclear power stations. The transaction includes $3 billion in cash, with Energy Harbor shareholders receiving a 15% stake in […]

The post Vistra Expands Nuclear Portfolio in $3.4 Billion Deal for Energy Harbor appeared first on POWER Magazine.

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Ohio Utility Says Two Coal Plants Could Close Next Year

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Credit to Author: Darrell Proctor| Date: Tue, 15 Mar 2022 18:55:55 +0000

An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously expected. Akron-based Energy Harbor made the announcement March 14. The company in a news release said it wants to be a carbon-free power generator by the end of […]

The post Ohio Utility Says Two Coal Plants Could Close Next Year appeared first on POWER Magazine.

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Magazines 

Ohio Utility Says Two Coal Plants Could Close Next Year

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Credit to Author: Darrell Proctor| Date: Tue, 15 Mar 2022 18:55:55 +0000

An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously expected. Akron-based Energy Harbor made the announcement March 14. The company in a news release said it wants to be a carbon-free power generator by the end of […]

The post Ohio Utility Says Two Coal Plants Could Close Next Year appeared first on POWER Magazine.

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Developer Blasts Ohio Nuclear Deal, Pulls Plug on Gas Plant Project

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Credit to Author: Darrell Proctor| Date: Wed, 21 Aug 2019 17:59:37 +0000

The president of a company developing two new natural gas-fired power plants in Ohio said he is ending a project for a third plant there after lawmakers passed legislation to help two struggling nuclear generation facilities in the state. Bill Siderewicz, who leads Massachusetts-based Clean Energy Future LLC, on August 20 in a statement said […]

The post Developer Blasts Ohio Nuclear Deal, Pulls Plug on Gas Plant Project appeared first on POWER Magazine.

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FES Will Close Mansfield Coal Plant Early

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Credit to Author: Darrell Proctor| Date: Mon, 12 Aug 2019 16:17:51 +0000

FirstEnergy Solutions (FES) said it will close the Bruce Mansfield power plant in Pennsylvania in November, two years ahead of the previously scheduled closure for the facility’s remaining coal-fired unit. FES in a statement August 9 cited a “lack of economic viability in current market conditions” for the decision to shutter the 830-MW Unit 3, […]

The post FES Will Close Mansfield Coal Plant Early appeared first on POWER Magazine.

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West Virginia Coal Plant Will Remain Open Until 2022

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FirstEnergy on October 18 said its coal-fired Pleasants Power Station in West Virginia will stay open until June 2022, after earlier announcing the plant would close in January of next year. FirstEnergy spokeswoman Jennifer Young said, “Keeping Pleasants in operation … allows the plant to fulfill current capacity obligations and provides additional time for evaluation […]

The post West Virginia Coal Plant Will Remain Open Until 2022 appeared first on POWER Magazine.

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