Search
`
July 3, 2024

FirstEnergy

Doubts About Balancing Markets, State Policies in Diverse PJM
In response to a request for comments on paths to reconciling policies and wholesale markets, PJM officials told FERC they are pursuing three initiatives.
PJM: AI Costs Would Shift to NJ, PA Under New Allocations
Most of the $280-million bill for the PJM Artificial Island project would shift from DE to NJ and PA under alternative cost allocations released Friday.
Q1 a Good Start for Most in RTO Insider Top 30
More than two-thirds of companies in the RTO Insider Top 30 posted year-over-year revenue and net income increases in the first quarter.
FirstEnergy Hopeful on State, Federal Support
FirstEnergy is encouraged by new support for nuclear and coal-fired plants, but the company will not change its plan to divest its merchant generation.
FirstEnergy Seeking ZECs to Aid Sale of Ohio Nukes
The CEO of FirstEnergy said the company plans to seek subsidies - zero-emission credits (ZECs) - for its Ohio nuclear plants to make them attractive to buyers.
FERC Orders Tx Refunds, Investigates Pipeline Rates in PJM
FERC ordered AEP and FirstEnergy to refund more than $6 million they recovered from ratepayers for the canceled PATH project in PJM.
Stakeholder Soapbox: The Ripple Effects of Subsidizing Monopolies
The Environmental Defense Fund's Dick Munson argues against state regulators providing subsidies to companies to prop up their failing generating assets.
FirstEnergy Wants out of Competitive Generation
With unprofitable power plants dragging down its bottom line, FirstEnergy (NYSE:FE) says it is calling it quits on competitive generation.
AEP Turns Away from Generation to Transmission, PPAs
American Electric Power (NYSE:AEP) reported a $766 million third-quarter loss after writing down the value of its generation by $2.3 billion.
PUCO Rejects FirstEnergy’s $558M Rider, OKs $132.5M
PUCO rejected the FirstEnergy (NYSE:FE) request for a $558 million annual subsidy for eight years, awarding only $132.5 million annually for three years.

Want more? Advanced Search