Regulators, consumer advocates and the Market Monitor last week urged the Federal Energy Regulatory Commission not to change a crucial rule for PJM’s upcoming capacity auction, warning that it would allow generators to exercise market power.

FTR traders asked PJM and the Market Monitor to take action to address funding shortfalls, receiving sympathy but no commitments.

PJM Company Earnings Report - Pepco Holdings reported a big increase in fourth quarter earnings while FirstEnergy showed a drop.

News briefs on companies in PJM Interconnection: Ameren, Calpine, Duke and First Energy.

Duke Energy's plan to sell its merchant generation in the Midwest is further evidence of the `de-integration' of the utility business.

News briefs from the states within the PJM footprint. This week we include Illinois, Kentucky, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania, and Virginia.

FERC approved PJM’s proposal to cap the amount of Limited and Extended Summer demand response that clears in the annual base capacity auction, an action expected to increase capacity prices.

With its decision to cut its dividend, FirstEnergy acknowledged last week that its focus on its unregulated business was a losing strategy. Now the question is whether its renewed focus on regulated operations will improve the fortunes of the beleaguered company enough to regain Wall Street’s favor.

A brief history of FirstEnergy Corporation.

News briefs from the states within the PJM footprint. This week we include Delaware, Kentucky, Maryland, North Carolina, Ohio, and Pennsylvania.