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Beyond Solyndra; No Relief in Paducah; Olives or Coal?

THE U.S. DEPARTMENT OF ENERGY IS TURNING A PROFIT TODAY ON A CLEAN-ENERGY LOAN PROGRAM that was under political duress three years ago from the scandal surrounding the solar-panel company … Continue Reading →


In Paducah, More Discontent, and a Ratings Watch; Skepticism in Australia; Indian Solar Cheaper Than Coal

FITCH RATINGS HAS PLACED PADUCAH POWER SYSTEM (PPS) on a ratings watch for its “constrained financial position” and “charged operating environment,” factors the agency says  “could limit the system’s return … Continue Reading →


Why IEEFA Is Weighing In on FirstEnergy Vs. PJM Interconnection

BY CATHY KUNKEL IEEFA filed comments today with the Federal Energy Regulatory Commission (FERC) in the case of FirstEnergy vs. PJM Interconnection, in which FirstEnergy is trying to overturn the … Continue Reading →


Gregory Boyce

‘Turmoil’ on Prairie State-Paducah Deal; Backlash Grows; U.S. Coal Lobby Digs In

THE BOND BUYER HAS PUBLISHED AN IMPORTANT ARTICLE under the headline “Prairie State Costs Fuel Turmoil at Kentucky’s Paducah Power.” The 1,400-word piece, by Shelly Sigo, appeared last night and … Continue Reading →


Glasgow

Divestment in the U.K.; IEEFA’s Cathy Kunkel on FirstEnergy; Opposition to Dynergy Move; Bank Risk in Australia

THE BBC REPORTS THIS MORNING that Glasgow University has become the first British institution of higher learning to decide to sell its fossil-fuel holdings. A passage of note: “Other British … Continue Reading →


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‘Glimpse Into an Uncertain Future’; Kentucky Senate Rivals Spar Over ‘Dying Industry’; A Drowning Piggy Bank

SNL REPORTS TODAY FROM A DATELINE IN WESTERN WYOMING that while the three-year-old Dry Fork Station coal-fired power plant uses some of the best emission-reduction technology in the U.S., it … Continue Reading →


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Bridgeport ‘Weighs Future’ of Its Coal Plant

The Connecticut Post is out today with an update on opposition to the coal-fired plant that provides electricity to Bridgeport, Conn. The City Council on Monday passed a non-binding resolution … Continue Reading →


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FirstEnergy’s Hometown Paper Notes Company’s ‘Financial Spiral’

IEEFA’s report on FirstEnergy gets coverage today from the Akron Beacon Journal, the company’s hometown paper. Betty Lin-Fisher, a Beacon Journal business writer, sums it up like this: “First Energy’s … Continue Reading →


FE stock

IEEFA Report: What’s Wrong With FirstEnergy, Part 1

By Tom Sanzillo and Cathy Kunkel — We’ve published a report today that outlines profound shortcomings in the management and performance of FirstEnergy Corp., the publicly held Ohio-based utility company … Continue Reading →


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Report cites continued operating issues, expensive electricity at Prairie State

“An environmental research group on Sept. 26 pounced on recent operating performance data for the coal-­fueled 1,600-­MW Prairie State Energy Campus, saying the plant continues to underachieve and produce expensive … Continue Reading →