PPL increased earnings from ongoing operations in the fourth quarter although overall results declined due to the spinoff of its generation assets.

PJM said it will weigh in on the controversial power purchase agreements AEP and FirstEnergy negotiated with PUCO staff.

When FirstEnergy announced that it had reached a settlement with PUCO staff to secure guaranteed rates for several of its merchant plants, the company found itself under attack by many of its former allies.

FERC granted Talen Energy’s request to sell four generators totaling 1,351 MW to satisfy divestiture conditions.

Talen Energy last week announced plans to sell the Charles P. Crane generating station, a 399-MW coal-fired plant in Baltimore, to an affiliate of Avenue Capital Group, a global alternative investment firm.

The Members Committee overwhelmingly agreed last week to fund a $450,000 budget for the Consumer Advocates of the PJM States (CAPS), in part through an assessment on electric customers.

Talen Energy announced the sale of three Pennsylvania power plants for $1.51 billion to help satisfy regulators’ demands to divest assets in PJM.

Talen Energy asked FERC to allow it to sell four generators totaling 1,351 MW in eastern PJM to satisfy divesture conditions the commission set.

PJM generators — such as Exelon, Dynegy, NRG and PSEG — will earn $10.9 billion from this year’s capacity auction in the first test of the RTO’s new Capacity Performance requirements.

Talen Energy released its first earnings report as an independent company last week, reporting net income $26 million for the second quarter of 2015.