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FES Nuclear Power Plants to be Shuttered: Davis-Besse, Perry, and Beaver Valley

  • By Admin
  • April 27, 2018
  • 20 Views

FirstEnergy Corporation’s power plant subsidiary, FirstEnergy Solutions (FES) announced on Wednesday – April 25, 2018 that they have certified to federal regulators their plans to shut down all three of its nuclear power plants;

  • Davis-Besse near Toledo, Ohio – May 31, 2020
  • Perry in Lake County, Ohio – May 31, 2021
  • Beaver Valley Unit 1, near Pittsburgh, Pennsylvania – May 31, 2021
  • Beaver Valley Unit 2, near Pittsburgh, Pennsylvania – October 31, 2021.

FirstEnergy Solutions, its subsidiaries and the FirstEnergy Nuclear Operating Company, or FENOC, filed for Chapter 11 bankruptcy protection from its creditors on March 31, 2018 – the weekend before FES faced an April 2nd deadline to make a $100 million debt payment.

In a letter to the Nuclear Regulatory Commission, FENOC certified that the companies will begin the shutdowns as early as May 31, 2020.  Donald Moul, president of FES and chief nuclear officer, wrote that because of “severe economic challenges” the company “has decided to permanently cease power operations:”

These shutdowns will affect about 2,300 employees.

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