On Feb. 5, Generation Now — a dark money group that prosecutors allege was controlled by former Ohio House Speaker Larry Householder — admitted guilt in helping orchestrate the $60 million racketeering scandal tied to the enactment of House Bill 6.
Meanwhile, there was further confirmation this week that the owner of Ohio’s two nuclear power plants — Energy Harbor, a subsidiary of FirstEnergy — is no longer interested in receiving as much as $1 billion in generation subsidies provided by the tainted energy law. The company is concerned that accepting subsidies would put it at a disadvantage when competing with non-subsidized electricity suppliers in the 13-state PJM energy market.
A federal rule blocks companies that receive state subsidies from being able to sell electricity in a market designed to provide extra energy capacity, if needed. The OMA spotlighted this issue more than a year ago. 2/9/2021