Comment N733 Naive


An Ohio power company wants to reverse the deregulation it once fought for


Naive (Score: 1)

by on 2015-09-22 13:32 (#N733)

FirstEnergy also warns that natural gas prices will not remain low forever. Years from now, they say, their coal plants and nuclear operations will be more economical and consumers will be thanking them for keeping them open.
The proper course of action would be to view that as an investment opportunity, which will pay off in the future, and invest in keeping those coal and nuclear plants serviceable until then. But I guess asking the government for a handout looks better in quarterly reviews.

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