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FirstEnergy announced it had reached an agreement with Icahn Capital to add two of the conglomerate’s employees as new members to the utility’s board. | DangApricot, via Wikimedia
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Ohio lawmakers are considering multiple bills to undo the $1 billion nuclear plant bailout for FirstEnergy, though none outright repeals the law. | FirstEnergy
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COVID-19 was the defining problem of 2020 as PJM worked with stakeholders to overcome difficulties in coordinating deliberations on a host of issues, including the MOPR. | Avangrid
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Public Utilities Commission of Ohio Chair Sam Randazzo resigned, less than a week after the FBI raided his home in Columbus. | PUCO
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The New Jersey BPU voted to hold a public hearing on JCP&L in response to the ongoing bribery scandal involving its parent, FirstEnergy. | WSYX
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FirstEnergy’s chief legal officer and chief ethics officer “separated” from the company, according to a filing with the SEC. | FirstEnergy
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FirstEnergy’s positive third-quarter financial results were overshadowed by questions about ongoing federal investigations into the company.
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FirstEnergy fired CEO Charles Jones and two others over an alleged bribery scandal in Ohio after two men pleaded guilty in the scheme. | FirstEnergy
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Ratepayer advocates challenged the PJM board to take action against Exelon and FirstEnergy, accused of bribing legislators in Illinois and Ohio, respectively. | © RTO Insider
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Larry Householder was voted out as Ohio House speaker and officially indicted by a federal grand jury on a racketeering conspiracy charge. | WKYC
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AEP CEO Nick Akins said that his company is innocent of wrongdoing in the alleged bribery scheme that resulted in the passage of Ohio H.B. 6, echoing a similar protestation by FirstEnergy CEO Charles Jones. | FirstEnergy
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Ohio Gov. Mike DeWine said the state should repeal House Bill 6 in light of the federal bribery charges against House Speaker Larry Householder. | Ohio Governor’s Office
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FirstEnergy spent $61 million in bribes and “dark money” to elect Ohio House Speaker Larry Householder and his allies, federal officials charged. | NRC
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FirstEnergy promoted CFO Steve Strah to take over as president for Charles Jones, who will remain as CEO. | FirstEnergy
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The Public Utilities Commission of Ohio granted approval for Suvon, doing business as FirstEnergy Advisors, as a competitive retail electric service provider.
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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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FERC said its revised interpretation of accounting rules supports a rehearing request from developers of the abandoned PATH transmission project. | PJM
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PJM’s Planning Committee will consider whether the RTO must develop governing document language to deal with the mitigation of existing and future critical infrastructure on NERC’s CIP-014 list.
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PJM staff unveiled to the Planning Committee a proposed new fee structure for a more involved cost-containment process. | © RTO Insider
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PJM’s Merchant Transmission and Offshore Wind Task Force will soon bring potential rule changes for offshore wind development to the Planning Committee. | FirstEnergy
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