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FirstEnergy Solutions Files Certification Letter with NRC Affirming Plan to Close Nearly 4,050 MW of Nuclear Generating Facilities

LCG, April 26, 2018--FirstEnergy Solutions (FES), a competitive generation subsidiary of FirstEnergy Corp., yesterday announced that it has filed a Certification Letter with the Nuclear Regulatory Commission (NRC) formally notifying the Commission of its decision to permanently deactivate its nuclear power plants over the next three years, citing "severe economic challenges." When the closures are combined, the reduction will total 4,048 MW of carbon-free, electric generating capacity. In 2017, the nuclear units contributed approximately 65 percent of the electricity produced by the FES generating fleet.

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Alliant Energy to Install More Wind Farms in Iowa

LCG, April 19, 2018--Alliant Energy's Iowa utility subsidiary, Interstate Power and Light Company (IPL), received approval to increase its wind expansion program from the Iowa Utilities Board (IUB). Through this expansion, combined with existing wind farms and market purchases, the company expects wind to provide approximately one-third of its total electric generating capacity in Iowa by the end of 2020.

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Industry News

Gadsby Plant in Utah to Expand

LCG, Feb. 6, 2002--Growing demand for power in Utah caused the Utah Public Service Commission to approve an expansion of the Gadsby Power Plant, close to Salt Lake City.

Utah Power plans to begin work next week on an $80 million, 120-megawatt expansion of the gas-fired plant. The company wants to have the upgrade completed by summer, when demand should hit its annual peak.

The expansion of the existing plant was seen as the best way to avoid wholesale power price surges on the open market, and approved by Utah's Committee of Consumer Services as well as the Division of Public Utilities.

The PSC chairman, Stephen Mecham, noted that the cost of building the expansion is not guaranteed to be repaid through customer bills. He said, "when they go to recover the costs in a future rate case the company will have to show the costs it incurred were reasonable."
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