Utility Giant FirstEnergy Calls for Emergency Subsidy, Says It Can’t Compete

Deep in debt and undercut in the marketplace by renewable power, the big utility company FirstEnergy appealed to the Trump administration on Thursday to use emergency powers to let it charge more for standby power from its coal and nuclear plants. The request, in a letter to Energy Secretary Rick Perry, followed an announcement that … Continue reading Utility Giant FirstEnergy Calls for Emergency Subsidy, Says It Can’t Compete