Energy Harbor Corp.
Energy Harbor will pay almost $66 million to cancel a solar purchase power agreement signed by its predecessor, FirstEnergy Solutions.
Energy Harbor has agreed to pay OVEC $32.5 million and drop its attempt to abrogate a 30-year power purchase agreement.
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.
FERC ordered a paper hearing to consider FirstEnergy Solutions’ bid to void power purchase agreements with wind generators as part of its bankruptcy.
The owners of the Beaver Valley nuclear plant have told PJM they will keep the plant in operation, citing Pennsylvania’s efforts to join RGGI.
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