News From PJM

PPL executives told investors the utility will invest $14 billion over the next five years into hardening its transmission system and incorporating more renewable resources.

A dozen testifiers told a Pennsylvania legislative panel that joining RGGI undermines the state’s energy production dominance and does nothing to decelerate CO2 emissions. | RGGI

FERC approved FirstEnergy Solutions’ plan to emerge from bankruptcy by allowing investment funds to convert secured and unsecured bond claims into a 50% equity stake. | FirstEnergy Solutions

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