Will FirstEnergy Achieve ZEN for its Ohio Nuclear Plants?

SUGAR LAND--March 30, 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Following moves by its nuclear energy brethren in New York and Illinois, FirstEnergy Corporation (NYSE:FE) (Akron, Ohio) is pushing a proposal at the Ohio legislature to get compensated for the carbon-free electricity generated by its two Ohio nuclear power plants, Perry and Davis-Bessie. FirstEnergy (FE) calls its proposal Zero-Emissions Nuclear or ZEN. Like Exelon Corporation (NYSE:EXC) (Chicago, Illinois), FE said it would be prepared to shut down the two plants, which have a combined generating capacity of 2,165 megawatts (MW).

Within this article: Details on FirstEnergy Corporation's proposal to be compensated for carbon-free electricity for its Ohio nuclear plants.

Other companies involved: Entergy Corporation (NYSE:ETR), NRG Energy Incorporated (NYSE:NRG) and Dynegy Incorporated (NYSE:DYN)