Coal

FERC Rejects Bid to Sell Pleasants Power Station

By Editors of Power Engineering

A move by FirstEnergy to sell the 1,300-MW coal-fired Pleasants Power Station to the company’s subsidiaries Mon Power and Potomac Edison was rejected by the Federal Energy Regulatory Commission.

The $195 million sale was opposed by groups including the West Virginia Consumer Advocate Division, who said the move would cost ratepayers hundreds of millions of dollars, WVNews reported.

FirstEnergy and its subsidiaries had argued the sale was necessary to prevent an energy shortage.