FirstEnergy Fires CEO as Nuclear Bailout Probe Continues

Credit to Author: Darrell Proctor| Date: Fri, 30 Oct 2020 16:58:24 +0000

The post FirstEnergy Fires CEO as Nuclear Bailout Probe Continues appeared first on POWER Magazine.

FirstEnergy Corp. President and CEO Charles “Chuck” Jones was fired late Thursday after an internal review found Jones and two other company executives violated company policies in connection with an alleged bribery scheme. The case is connected to a legislative bailout of the state’s nuclear power plants that occurred in 2019. The law, known as […]

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Hydrogen May Be a Lifeline for Nuclear—But It Won’t Be Easy

Credit to Author: Sonal Patel| Date: Thu, 11 Jun 2020 13:54:56 +0000

The post Hydrogen May Be a Lifeline for Nuclear—But It Won’t Be Easy appeared first on POWER Magazine.

Four U.S. nuclear generators—Energy Harbor, Xcel Energy, Exelon, and Arizona Public Service (APS)—are making headway on projects to demonstrate hydrogen production at nuclear plants, but scaling those efforts up to net new end-users and sources of revenue is still ridden with hurdles, company officials said in a panel discussion at the American Nuclear Society’s (ANS’s) […]

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