FERC approved Vistra's purchase of Energy Harbor, which will allow Vistra to set up a new clean generation/retail firm while spinning off the combined firms' fossil plants into a separate subsidiary.

Vistra says its acquisition of Energy Harbor and its nuclear plants will accelerate the company’s transformation and lead to a “re-segmentation” of its businesses when the deal closes.

FERC issued an order extending the time it has to review the proposed purchase of Energy Harbor by Vistra to next spring after several parties raised market concerns over the deal between two existing PJM generation owners.

PJM agreed to reduce its nonperformance penalties 31.7% for generators that could not meet their capacity obligations during the December 2022 winter storm.

Vistra Energy's deal to buy Energy Harbor ran into opposition at FERC, where parties argued it would harm Ohio's retail market and further concentrate PJM's wholesale market.

Vistra says its excited about its recent acquisition of Energy Harbor, which will more than double the company’s zero-carbon generation currently online.

The NRC has begun to investigate ground settling incidents at the Davis-Besse nuclear plant, including two that damaged fire-protection water lines.

The former Ohio House Speaker was found guilty of racketeering conspiracy over donations FirstEnergy paid a dark money group controlled by him to win favors.

Vistra agreed to buy Energy Harbor and will create a new unit with 7.8 GW of zero-carbon generation, separate from its 32 GW of fossil fuel plants.

PJM delayed a vote on the draft charter of the Interconnection Process Subcommittee at last week’s Planning Committee meeting.