2 item(s) were returned.
Director, Midwest Clean Energy
Environmental Defense Fund
In a long-awaited decision, Ohio regulators with the Public Utilities Commission (PUCO) approved a $600 million electricity rate plan for Ohio utilities provider, FirstEnergy. FirstEnergy has been struggling financially since a 2011 merger with Allegheny Energy. The utility paid a premium to acquire Allegheny’s coal dependency just as the cost of natural gas began its rapid decline. The PUCO decision was in response to FirstEnergy’s $4 billion bailout plan, which the Federal Energy Regulatory Commission (FERC) rejected after determining the bailout equated to an illegal subsidy that distorted competitive electricity markets. In order to avoid FERC jurisdiction, FirstEnergy revised its… [more]
View InsightThree recent efforts – two private, and one public – could shape the future of U.S. shale gas and oil development. The Marcellus Shale Coalition (MSC), an industry group, released Recommended Practices: Site Planning, Development and Restoration, offering general guidance for natural gas professionals developing or restoring shale plays in the Marcellus. Days later, the Appalachian Shale Responsible Producers Group (ASRPG), led by Andarko Energy, released their Recommended Standards and Practices, which again provides general guidance to well operators and shale play developers. Ohio Governor John Kasich has pushed legislation to the state’s legislature that the his office hopes will… [more]
View Insight