American Electric Power (AEP)
Exelon has joined the opposition to FirstEnergy's attempts to win guaranteed payments for its Ohio power plants.
PJM said AEP's proposed PPA needs changes to preserve competition.
PJM said it will weigh in on the controversial power purchase agreements AEP and FirstEnergy negotiated with PUCO staff.
The settlement provides guaranteed income for the output of AEP's 2,671-MW ownership share of nine power plants.
By Ted Caddell
FirstEnergy said Tuesday it has reached a proposed settlement with Public Utilities Commission of Ohio staff that would provide guaranteed in...
FirstEnergy and AEP's CEOs told analysts and investors at the EEI Financial Conference that they expect the PUCO to rule on their requests for above-market power purchase agreements with their generators late this year or early in 2016.
FERC was particularly interested in learning how PJM reclassifies supplemental projects as baseline projects in its RTEP.
A summary of issues discussed by the PJM Transmission Expansion Advisory Committee on Oct. 8, 2015.
The developers of the abandoned PATH transmission project would be denied recovery of more than $10 million of their $121.5 million claim under an initial decision by a FERC administrative law judge Monday.
PJM generators — such as Exelon, Dynegy, NRG and PSEG — will earn $10.9 billion from this year’s capacity auction in the first test of the RTO’s new Capacity Performance requirements.
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