FERC Intercedes in Proposed Bailout of Ohio Utilities

first_imgFERC Intercedes in Proposed Bailout of Ohio Utilities FacebookTwitterLinkedInEmailPrint分享Dan Gearino for the Columbus Dispatch:Federal regulators dealt a blow to Ohio utility profit guarantees on Wednesday, saying the plans cannot go into effect until after a review of whether federal rules are being violated. The Federal Energy Regulatory Commission asserted its authority in a pair of orders, finding that the plans are not valid unless American Electric Power and FirstEnergy apply for, and receive, approval from the agency.The Public Utilities Commission of Ohio approved the eight-year profit guarantees late last month, allowing Columbus-based AEP and Akron-based FirstEnergy to receive benefits for selected power plants that might otherwise close.Until Wednesday, it was not known whether the federal commission would intercede.A key issue in the federal complaint is whether AEP and FirstEnergy customers are “captive,” in that they have no choice but to cover costs related to the plans. The PUCO and the Ohio companies said customers are not captive because they continue be able to choose an alternative provider in the state’s open market.The federal commission disagreed, stating that “AEP Ohio retail ratepayers are nonetheless captive in that they have no choice as to payment of the non-bypassable generation-related charges” embedded in the profit guarantees. Opponents of the plans say that wording shows that the Ohio companies are facing a highly skeptical audience in the federal commission, as opposed to the more friendly panel in Ohio.Full article: Federal agency says it must OK profit guarantees for AEP, FirstEnergylast_img read more

The law made simple

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Tribu Paghidaet sweeps Dinagyang 2020 awards

first_img* Best Lighted Float (P300,000 cashprize and trophy) – International Pharmaceutical, Inc. It bested seven other contingents inyesterday’s “Dinagyang 360°” atitribes competition to take home a cool P1 million cash prize. Best in Sadsad – Tribu Ilonganon Tribu Ilonganon ended up as secondrunner-up. Best in Discipline – Ajuy National HighSchool Tribu Paghidaet is actually acome-backing champion, having previously won the top prize five times in 2010,2009, 2008, 2003, and 2002. FLOATS PARADE OF LIGHTS 2nd runner-up – San Jose ElementarySchool * Best in Costume (P100,000 cash prizeand trophy) – Tribu Parianon 1st runner-up – Tribu Panayanon The four judging areas were the IloiloCity Freedom Grandstand, corner Iznart-Solis streets, corner Ledesma-Valeriastreets, and Ma. Clara Street. Tribu Paghidaet, last year’s firstrunner-up, dethroned defending champion Tribu Ilonganon of Jalandoni MemorialNational High School that was hoping for a back-to-back win. Instead of Kasadyahan, a “Dagyang saCalle Real” was held on Jan. 25 participated by barangay-based tribes (those inthe “Dinagyang 360°” ati tribescompetition were all school-based). Here is the complete list of DinagyangFestival 2020 winners: Minor Awards Champion –Tribu Paghidaet DINAGYANG 360° ATI TRIBES CONTEST 4th runner-up – Alibango CentralElementary School * Grand Winner – Jollibee * Best Festive Choreography – Jollibee * 1st runner-up (P200,000 cash prizeand trophy) – MLhuiller Aside from the top honor, it alsobagged yesterday six of eight minor awards – Best in Performance, Best inChoreography, Best in Music, People’s Choice Award (Social Media), Best inProduction Design, and Best in Discipline. People’s Choice Award (Social Media) –Tribu Paghidaet Best in Performance – ArevaloElementary School Best in Performance – Tribu Paghidaet Best in Costume – Dingle National HighSchool Best in Costume – MandurriaoElementary School TAMBOR TRUMPA MARTSA MUSIKA 2020 “Dagyang sa Calle Real” was a streetmerrymaking where revelers could join the tribes dancing. The awarding ceremony last nightstarted at around 6 p.m. at the Iloilo City Freedom Grandstand. There was no more Kasadyahan regionalcultural contest yesterday but last year’s champion, a contingent from Guimarasprovince, performed as guest. Tribu Panayanon of Iloilo CityNational High School was first runner-up; Tribu Salognon of Jaro National HighSchool was third runner-up; and Tribu Dagatnon of Ramon Avanceña National HighSchool was fourth runner-up. ILOILO City – Dinagyang Festival has anew champion – Tribu Paghidaet of La Paz National High School. Elementary * Best Festive Headdress – RMN FansClubcenter_img Best in Discipline – Tribu Paghidaet Champion – Arevalo Elementary School Secondary Best in Music – Tribu Paghidaet * Best Festive Music – Jollibee Best in Production Design – TribuPaghidaet Best in Discipline – Napnapan Elementary School Best in Music – Dingle National HighSchool Two “Dagyang sa Calle Real” tribesreceived special awards yesterday – Tribu Parianon, Best in Costume; and TribuMolave, Darling of the Crowd. 3rd runner-up – Tribu Salognon 4th runner-up – Tribu Dagatnon Best in Costume Design and Headdress –Tribu Ilonganon 1st runner-up – Iloilo City NationalHigh School 2nd runner-up – Ramon AvanceñaNational High School 2nd runner-up – Tribu Ilonganon * Best Festive Parade Party – StatlabInc. Champion – Dingle National High School 4th runner-up – Ajuy National HighSchool * 2nd runner-up (P180,000 cash prizeand trophy) – Mega Sardines Best in Performance – Dingle NationalHigh School FESTIVE PARADE The two other minor awards, Best inCostume Design and Headdress and Best in Sadsad, went to Tribu Ilonganon. * Best Festive Costume – RMN Fans Club * Best Festive Street Dancing – IloiloCity Government Best in Music – Arevalo ElementarySchool *Best Festive Mascot – Jollibee./PN DAGYANG SA CALLE REAL 3rd runner-up – Tambaliza NationalHigh School 3rd runner-up – Baluarte ElementarySchool Best in Choreography – Tribu Paghidaet Yesterday’s competition in fourjudging areas was tweaked. Unlike in previous years, the performances werebetter appreciated as these could be viewed in all angles, thus the contestname “Dinagyang 360°”. * Darling of the Crowd (P100,000 cashprize and trophy) – Tribu Molave 1st runner-up – Mandurriao ElementarySchoollast_img read more