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Experts: Nuclear subsidies likely for Ohio plants

Dan Shingler / Crain's Cleveland Business
March 26, 2019

Akron’s FirstEnergy Solutions (FES) is still on track to shutter its Davis-Besse and Perry nuclear plants in 2020 and 2021, respectively, but some observers now predict the company will get a state bailout for the plants instead.

The company is hoping the state will grant what are known as zero emissions credits to the plants, which would effectively subsidize them, through fees on Ohio electricity users. The credits are for creating electricity without pumping carbon dioxide or other pollutants into the air.

The big question may be whether any charges on customers’ bills will be applied statewide, or just in Northern Ohio, where the company and its parent, FirstEnergy Corp., have long been the dominant electric utility.

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