New Report Proves Ohio Nukes do not Require a Bailout under HB 6
EDF statement from Dick Munson, Director, Regulatory & Legislative Affairs
(COLUMBUS, OH) E-Cubed Policy Associates yesterday released a study confirming that FirstEnergy Solutions’ Davis-Besse and Perry nuclear plants are profitable, and that bailing them out under HB 6 would raise electricity rates for Ohioans while delivering no emissions benefits. These findings come just a day before the Ohio House of Representatives is likely to vote on HB 6, which would bail out FirstEnergy’s uneconomic power plants at a cost of $300 million per year and destroy state programs that encourage energy efficiency and clean energy. The report was written by Dr. Paul Sotkiewicz, president of E-Cubed Associates and former chief economist for PJM Interconnection.
“Independent research now confirms that the entire pretext for bailing out FirstEnergy’s power plants is bogus. Why should Ohioans be forced to bail out a profitable company?”
- Dick Munson, Director, Regulatory & Legislative Affairs
With more than 3 million members, Environmental Defense Fund creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships to turn solutions into action. edf.org
Media Contact
Latest press releases
-
Trump Administration Issues Another Mandate to Extend Expensive, Polluting Michigan Coal Plant Past Retirement
August 21, 2025 -
Memo: New Polling Shows Zeldin Approval Collapse
August 21, 2025 -
EDF Experts Join Hundreds of Americans at Virtual Forum, “Vigorously” Oppose Trump EPA Attacks on Endangerment Finding, Clean Car and Truck Standards
August 20, 2025 -
California Agencies Submit Report to Governor, Outline Actions to Accelerate Clean, Affordable Vehicles
August 19, 2025 -
Extension of California’s Cap-and-Trade Program Takes Encouraging Step Forward
August 19, 2025 -
Groups Ask Court to Block Trump EPA Rule That Delays Protections Against Oil and Gas Methane Pollution
August 18, 2025