Tag Archives: bailout

Conservatives criticize FirstEnergy nuclear bailout bill as ‘corporate welfare’ via Energy News Network

Ohio Republicans pushing a bill to subsidize two nuclear plants are finding themselves at odds with conservative groups in the state. Substitute House Bill 6, which was advanced out of a subcommittee on May 2, would add more than $300 … Continue reading

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Ohio House Sidelines Bailout of 2 FirstEnergy Nuclear Plants via US News

COLUMBUS, Ohio (AP) — Opponents are praising a decision to suspend deliberations on the proposed financial rescue of Ohio’s two nuclear plants, even as Akron-based FirstEnergy continues to push for the deal. House Public Utilities Chairman Bill Seitz, a Cincinnati … Continue reading

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This ‘market solution’ only benefits Exelon via Crane’s Chicago Business

You know you’ve got a good thing going when profitability is only a bailout away. That’s the kind of mojo that’s working at Exelon Corp., which is signaling it will seek legislation next year to provide hundreds of millions of … Continue reading

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Tepco logs first black ink since nuclear crisis started via The Japan Times

Tokyo Electric Power Co. on Friday reported its first nine-month profit for the April-December period since the 2011 nuclear crisis at its Fukushima No. 1 complex started, amid continuing cost-cutting efforts and electricity rate hikes. Tepco posted a group pretax … Continue reading

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Water, water everywhere: Incentives and options at Fukushima Daiichi and beyond via Japan Focus

Andrew DeWit Japan’s ruined and radioactive reactor plant at Fukushima Daiichi has been an abiding source of concern among knowledgeable observers. There are a host of good reasons for this reemergence. As this Mainichi survey observes, it is now clear … Continue reading

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Japan Nuclear Disaster Probe: TEPCO Gets $12.8 Billion Crisis Bailout via Huffington Post

ONAGAWA, Japan — The Japanese operator of the nuclear power plant devastated in last year’s disasters received a 1 trillion yen ($12.8 billion) bailout Tuesday, putting it under government ownership, while international experts visited another plant that survived the tsunami’s … Continue reading

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