A decision is near in the several-year push by Ohio electricity utilities to obtain profit guarantees for some power plants, leading to fevered speculation about how utility regulators will rule and questions about whether a negotiated settlement is possible. Opponents say this is a bailout for utility companies, money that would be used to prop up unprofitable plants that are bad for the environment. The utilities – American Electric Power and FirstEnergy – have argued that the plants are needed to keep the electricity grid reliable, such as at times when electricity use spikes. The companies say these plants might otherwise close. For the utilities, the best chance of success...
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