Judge halts Energy Harbor nuclear subsidies

An Ohio court has granted a preliminary injunction that blocks Energy Harbor from receiving the “nuclear generation fund” payments that were set to begin January 1 as part of H.B. 6—the scandal-tainted legislation at the center of an alleged multi-million dollar racketeering and corruption scheme aimed at guaranteeing its passage.

Signed into law by Ohio Gov. Mike DeWine in July 2019, H.B. 6 established a seven-year program to charge the state’s electricity consumers fees to support payments of about $150 million annually to Energy Harbor, which had announced in March of the previous year that it would be forced to close the financially strapped Davis-Besse and Perry nuclear plants without some form of support from the state.

Fallout from Ohio’s H.B. 6 scandal reaches FirstEnergy C suite

Chuck Jones, former FirstEnergy CEO

Akron, Ohio-based FirstEnergy Corporation—former parent of Energy Harbor, the owner of Ohio’s Davis-Besse and Perry nuclear plants—announced on October 29 that it has fired its chief executive officer, Charles “Chuck” Jones, as well as its senior vice president of product development, marketing, and branding and its senior vice president of external affairs.

The actions, according to FirstEnergy, were prompted by an internal company review undertaken in response to the scandal surrounding H.B. 6—the now infamous legislation signed into law last year by Ohio Gov. Mike DeWine that includes subsidies for Davis-Besse and Perry and that is at the heart of an alleged multi-million dollar racketeering and corruption scheme aimed at guaranteeing its passage.

In the announcement, FirstEnergy said only that its review “determined that these executives violated certain FirstEnergy policies and its code of conduct.” Replacing Jones is Steven E. Strah, who had been the firm’s president.

Feds arrest Ohio lawmaker who pushed nuclear subsidy bill

Householder

Federal prosecutors on July 21 arrested the Speaker of the Ohio House of Representatives, Larry Householder, and four lobbyists and political consultants for their involvement in an alleged $61-million corruption and racketeering scheme aimed at guaranteeing passage of H.B. 6, the Ohio Clean Air Program Act—the measure that rescued Ohio’s Davis-Besse and Perry nuclear power plants from premature closure. If convicted, Householder et al. face up to 20 years in prison.

FES debuts new name following bankruptcy

FirstEnergy Solutions (FES) announced on February 27 that it has emerged from bankruptcy and officially taken the new name Energy Harbor Corporation. Originally the unregulated power generation arm of Akron, Ohio–based FirstEnergy Corporation, Energy Harbor remains headquartered in Akron but is no longer affiliated with FirstEnergy Corporation. The name chosen to represent the newly independent business was announced last November (NN, Jan. 2020, p. 16).