FirstEnergy promoted CFO Steve Strah to take over as president for Charles Jones, who will remain as CEO.

The expanded MOPR will cost PJM ratepayers almost $9.7 billion over nine years if FERC adopts revised floor prices allowing most nuclear plants to clear.

PJM’s first-quarter energy prices fell to their lowest level since the RTO was created in 1999, according to the Monitor’s State of the Market report.

PJM incumbent TOs won a victory as the Planning Committee endorsed a new regional targeted market efficiency project process that would be excluded from competition.

PJM on Friday hosted an IPSAC meeting with ISO-NE and NYISO to provide input for the development of the Northeast Coordinated System Plan.

The PJM Operating Committee unanimously endorsed an issue charge regarding the substitution and termination of black start resources.

The MIC will choose between a PJM proposal and one from the Monitor to resolve pricing and dispatch misalignment issues in the fast-start pricing plan.

PJM will pay the Radford’s Run Wind Farm at least $10 million under a FERC-ordered resettlement of incremental capacity transfer rights to the ComEd zone.

More than two dozen companies and coalitions filed responses to PJM’s compliance filing to FERC's order expanding its MOPR.

PJM's Planning Committee ok'd an initiative to create rules for “if and how” energy storage could be part of the Regional Transmission Expansion Plan.