Vistra Accelerates Closure of Ohio Coal Plant
VISTRA Energy will accelerate the retirement of their 1,200 MW (enough power to provide energy to 1,400 homes) plant on or before May 2022.
What will replace it? Solar or wind energy with battery storage.
The reason? Money. The price of power that VISTRA could receive has declined by over 50%.
Only renewable energy is economical enough to generate power at the expected energy rates.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: Vistra Accelerates Closure of Ohio Coal Plant to Mid-2022, Years Earlier Than Planned – Jul 19, 2021 (vistracorp.com)
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,727 Bcf as of Friday, July 30, 2021, according to EIA estimates.
This represents a net increase of 13 Bcf from the previous week. Stocks were 542 Bcf less than last year at this time and 185 Bcf below the five-year average of 2,912 Bcf. At 2,727 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,714 Bcf as of Friday, July 23, 2021, according to EIA estimates.
This represents a net increase of 36 Bcf from the previous week. Stocks were 523 Bcf less than last year at this time and 168 Bcf below the five-year average of 2,882 Bcf. At 2,714 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,678 Bcf as of Friday, July 16, 2021, according to EIA estimates.
This represents a net increase of 49 Bcf from the previous week. Stocks were 532 Bcf less than last year at this time and 176 Bcf below the five-year average of 2,854 Bcf. At 2,678 Bcf, total working gas is within the five-year historical range.
Utilities to refund customer fees from tainted energy bill
Three Ohio Utilities of FirstEnergy; Ohio Edison, Cleveland Electric and Toledo Edison will refund customers $27,500,000.
This amount will vary by each utility as follows; $8.95 Ohio Edison, $13.19 Toledo Edison, and $16.18 Cleveland Electric.
The refunds stem from Ohio Attorney General Dave Yost in settling a lawsuit where the utilities over collected from January 2020 through February 2021. Ohio legislature passed a bill in March requiring the refund. In addition, the bill refunds a $1 billion bailout of the two nuclear plants operated by FirstEnergy. This action stems from the bribery scheme to get the bailout bill passed.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
Utilities to refund customers fees from tainted energy bill (apnews.com)
How misinformation propped up Ohio lawmakers’ latest attack on renewables | Energy News Network
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,629 Bcf as of Friday, July 9, 2021, according to EIA estimates.
This represents a net increase of 55 Bcf from the previous week. Stocks were 543 Bcf less than last year at this time and 189 Bcf below the five-year average of 2,818 Bcf. At 2,629 Bcf, total working gas is within the five-year historical range.