Exelon said first-quarter profit exceeded expectations, in part due to strong performances by PECO, Baltimore Gas and Electric and Constellation Energy.

FERC on Tuesday rejected the rate schedule proposed for the struggling Ginna nuclear power plant and ordered hearing and settlement proceedings.

The owner of the R.E. Ginna nuclear plant announced an agreement with Rochester Gas & Electric that will keep the plant operating for more than three years.

Negotiators trying to keep the Ginna nuclear power plant in New York financially viable have been given a three-week extension by state regulators.

Negotiations that could determine the future of the R.E. Ginna nuclear plant in upstate New York are set to conclude this week.

PJM IMM Joe Bowring said the RTO should exclude generators from participating in drafting cost development guidelines that determine their compensation.

In response to requests from several senators from both parties, the DoE’s Inspector General has begun an investigation into FERC’s Enforcement office.

News briefs on companies in the PJM Interconnection this week, including PSEG, Duke, FirstEnergy, AEP, Ameren, Constellation and General Motors.

Constellation Energy and demand side management specialist Comverge said last week they are combining their demand response businesses for C&I customers.

Exelon, a company primarily known for its generation fleet, continued its customer-buying spree last week when it announced an agreement to buy Integrys Energy Services for $60 million.