Posted inMidwest Energy News

Grid payments won’t rescue ratepayers from Ohio power plant bailout

GRID: The pair of 1950s-era coal plants bailed out under Ohio’s House Bill 6 law are likely to remain unprofitable even after record-high payments for generators in PJM’s latest capacity auction, experts say. (Energy News Network) ALSO: Critics say the capacity prices are the result of poor planning, market design failures and governance problems at […]

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