FirstEnergy posted a $1.1 billion second-quarter loss, much of it related to the pending closure of five coal-fired units.

FirstEnergy will retire four units at its Sammis coal-powered power plant and sell or deactivate its Bay Shore plant by 2020.

The dash for gas shows no sign of abating, speakers said at the Energy Bar Association (EBA) Northeast Chapter’s 2016 Annual Meeting.

MISO proposed the adoption of three new future scenarios intended to inform the development of MTEP 17.

With the spring season underway, the MISO Markets Committee of the Board of Directors reviewed this past winter and the upcoming summer.

ISO-NE market rules favoring natural gas clash with renewable energy goals, speakers at the EUCI US/Canada Cross-Border Power Summit said.

The increase in wind generation under the Clean Power Plan would likely exceed MISO’s previous assumptions, according to a new study.

Speakers at EUCI’s US-Canada Cross-Border Power Summit discussed the challenges of natural gas' rapid rise and displacement of other resources.

On-peak day-ahead electricity prices in the U.S. were down 27 to 35% in 2015 due to cheap natural gas, FERC staff said in its State of the Markets report.

The Monitor reported that the PJM energy, capacity, regulation, synchronized reserve and FTR markets were all competitive in the 2015 State of the Market.