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FirstEnergy Solutions Deactivation Letter Issued

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FirstEnergy Solutions (FES) announced that it has filed a certification letter with the U.S. Nuclear Regulatory Commission (NRC) formally notifying the NRC of FES Generation Companies’ decision to permanently deactivate its nuclear power plants – two located in Ohio and a third in Pennsylvania – over the next three years.

The release notes ‘”severe economic challenges” as the cause for deactivation. The letter affirms the Company’s March 28, 2018 notification to PJM Interconnection (PJM), the regional transmission organization, as well as its initial, informal notification to the NRC. Plant closures are subject to review by PJM for reliability impacts, if any. In the interim, the plants will continue normal operations. Closure of the plants impacts approximately employees. Don Moul, president of FES Generation Companies and chief nuclear officer states, “We are actively seeking policy solutions at the state and federal level as an alternative to retiring these plants, which we believe still have a crucial role to play in the reliability and resilience of our regional grid.”

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The post FirstEnergy Solutions Deactivation Letter Issued appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


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