Steve Huntoon wants to apologize -- on behalf of FirstEnergy.

At the Gulf Coast Power Association’s annual spring conference, ERCOT CEO Bill Magness once again moderated a panel of his counterparts from around the country.

FirstEnergy announced mixed Q1 2018 earnings along with a potential path to exit the bankruptcy of its merchant subsidiaries.

As part of its bankruptcy filing, FirstEnergy Solutions has requested the authority to end its long-held “sponsorship” of the Ohio Valley Energy Corp (OVEC).

PJM told Market Implementation Committee meeting attendees that it plans to salvage some of its proposal to revise its regulation market that FERC rejected.

PJM stakeholders are questioning the process for how a transmission development proposal will proceed following a debate at last week’s Planning Committee meeting.

Energy Secretary Rick Perry indicated he was not likely to declare an emergency to keep FirstEnergy Solutions’ (FES) struggling power plants operating.

FirstEnergy Solutions filed for bankruptcy Saturday, two days after asking Energy Secretary Rick Perry to issue an emergency order directing PJM to compensate coal-fired and nuclear power plants.

FirstEnergy CEO Charles Jones said the company’s floundering FES merchant generating arm is now under a death watch.

Blocked by regulators from moving its ailing coal-fired Pleasants plant into the rate base of a subsidiary, FirstEnergy announced it will shut the plant down.