FirstEnergy Accelerates Transition from Coal, Nuclear as More Plants Set to Close

SUGAR LAND--September 10, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--The outlook for the nation's coal-fired power producers is only getting dimmer. Despite frequent intervention (or at least proposals thereof) by the Trump administration, no new coal-fired plants are being considered and existing ones continue to close their doors. The latest is FirstEnergy Corporation's (NYSE:FE) (Akron, Ohio) Bruce Mansfield Power Station, the largest coal-fired plant in Pennsylvania. Industrial Info is tracking $2.5 billion in active projects involving FirstEnergy, the bulk of which are in Pennsylvania and Ohio. Within this article: Details on FirstEnergy's transition away from coal and nuclear power, including numerous announced plant closures in Ohio and Pennsylvania, as well as major transmission projects.