FirstEnergy announced Thursday it is withdrawing its request for state public utility designation for its all-transmission spin-off.

BOEM has already issued 11 offshore wind energy leases off the Atlantic coast, but development of them has been slowed by high costs and local opposition.

FERC approved FirstEnergy’s plan to spin off the transmission assets of three of its utilities into a new subsidiary.

FirstEnergy would spin off the transmission assets of Jersey Central Power & Light, Metropolitan Edison and Pennsylvania Electric into a new subsidiary.

Two key Maryland counties have agreed to support the controversial takeover of Pepco by Exelon in return for promises of bill credits, reliability improvements and other concessions.

Exelon’s $6.8 billion bid to acquire Pepco took two steps forward when it gained approvals from both the New Jersey BPU and the staff of the Delaware PSC.

The New Jersey Board of Public Utilities approved the Exelon takeover of Pepco Holdings Inc. in a settlement that will give Atlantic City Electric customers $62 million in rate credits.

The NJ BPU staff recommended OK of Exelon’s acquisition of Pepco in a deal that would give Atlantic City Electric customers $62 million in rate credits.

PJM offshore wind took one step forward and one step back as BOEM announced the auction of 112,800 acres off Virginia while the NJ BPU rejected Fishermen's Energy.

New Jersey regulators approved a $25.5 million annual increase in Atlantic City Electric’s rate base case and recovery of $70 million costs for recovery following the June 2012 Derecho and Hurricane Sandy in October 2012.