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FirstEnergy CEO: There’s a 'war on coal' in America

The U.S. government's support of renewable energy has created a "war on coal," according to the head of FirstEnergy, a corporation that owns nearly a dozen energy companies from Ohio to New Jersey.

In April, FirstEnergy President and CEO Anthony Alexander spoke in front of the U.S. Chamber of Commerce, and outlined his claim that the government's subsidization of wind and solar power is harming his business and straining the electrical grid.

"I believe state and federal policy makers are manipulating the supply and demand, and distorting markets for electricity, to further advance the war on coal," he said at the time.

Alexander claimed that wind and solar sources only produce electricity about 30 percent of the time, and require "substantial investments in transmission to maintain reliability."

In a statement issued on the same day as Alexander's speech, the American Wind Energy Association said that wind turbines in fact produce electricity "75-85 percent of the time."

On CNBC's "Fast Money" on Monday, Alexander explained how the government's support of renewable energy could leave customers paying more for electricity in the future. "Intermittent power that comes in like solar and wind needs to be backed up, and as a result you increase the cost of service that customers will ultimately pay."

Despite pushback from industry leaders such as Alexander, the White House has continued its focus on alternative energy.

On Friday, President Barack Obama announced that more than 300 organizations have made commitments to invest in energy efficiency, including the installation of solar panels. New solar panels were also installed on the roof of the White House in a sign of support for the renewable energy movement.

—By CNBC's Michael Newberg.

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