Stop $2.3 Billion Exelon Bailout, Power Suppliers Ask U.S. Court Law Subsidizes Failed Nuke Plants on Consumers’ Backs Chicago, Ill. (April 3, 2017) – The Electric Power Supply Association and electricity generators have asked a U.S. District Court to halt the multibillion-dollar illegal subsidy for Exelon’s Illinois-based nuclear plants on the grounds it is unconstitutional […]
Read MoreEnergy Coalition Seeks Early Trial to Prove $7.6 Billion New York Nuclear Subsidy is Illegal
“Zero Emission Credits” Program Distorts Energy Auctions in Clear Violation of Federal Law (ALBANY, NY) —The coalition of energy companies suing the Public Service Commission (PSC) for its illegal and unfair “Zero Emission Credits” (ZEC) program responded on Friday to the motions to dismiss the lawsuit filed by the PSC and Exelon, the sole beneficiary […]
Read MoreEPSA Strongly Urges FERC to Protect Consumers and Market from Distorting Out of Market Subsidies
EPSA Asks FERC to Act Soon on Existential Threats Posed by ZEC Schemes WASHINGTON, DC – The Electric Power Supply Association (EPSA) today made two filings with the Federal Energy Regulatory Commission (FERC) seeking expedited action to swiftly implement countermeasures in the New York ISO and PJM Interconnection wholesale markets to protect consumers and wholesale […]
Read MoreAlliance for Energy Choice Statement: FirstEnergy Bailout is Bad for Ohio
PUCO Order Granting FirstEnergy Bailout is Bad for Ohio (COLUMBUS, OH) – The Alliance for Energy Choice released a statement after the Public Utilities Commission of Ohio (PUCO) issued an Order today granting the Akron based utility hundreds of millions of dollars for “grid modernization.” The PUCO Order authorizes FirstEnergy to collect $132.5 million per […]
Read MoreRevised FirstEnergy Bailout Proposal to Cost Ohio Consumers $2.7 Billion
Columbus, OH – In testimony submitted yesterday to the Public Utilities Commission of Ohio, Ford Foundation Professor (Emeritus) of International Political Economy at the John F. Kennedy School of Government, Harvard University, Dr. Joseph P. Kalt, concluded that FirstEnergy’s latest proposal will cost Ohio consumers $2.7 billion if approved. As stated by Dr. Kalt, “projecting […]
Read MoreEPSA Commends FERC For First Final Rule On Energy Price Formation
Implores FERC to Move Forward On Other Reforms This Year WASHINGTON, DC – Electric Power Supply Association President & CEO John E. Shelk released the following statement on the unanimous vote by the Federal Energy Regulatory Commission (FERC) today to approve a final rule strongly supported by EPSA to improve price formation in wholesale energy […]
Read More