FirstEnergy
The Environmental Defense Fund's Dick Munson argues against state regulators providing subsidies to companies to prop up their failing generating assets.
With unprofitable power plants dragging down its bottom line, FirstEnergy (NYSE:FE) says it is calling it quits on competitive generation.
American Electric Power (NYSE:AEP) reported a $766 million third-quarter loss after writing down the value of its generation by $2.3 billion.
PUCO rejected the FirstEnergy (NYSE:FE) request for a $558 million annual subsidy for eight years, awarding only $132.5 million annually for three years.
A summary of issues discussed and measures approved by the PJM Markets and Reliability Committee and the Members Committee on Sept. 29, 2016.
A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability Committee and the Members committee Thursday, September 29th.
FirstEnergy announced Thursday it is withdrawing its request for state public utility designation for its all-transmission spin-off.
The second quarter wasn’t a great one for most companies in the RTO Insider Top 30, as revenues declined 2% compared with 2015 while profits dropped 15%.
The PJM Planning Committee and Transmission Expansion Advisory Committee (TEAC) considered the loss of the Quad Cities nuclear plant and discussed Order 1000 rules, $1.1 billion in end-of-life projects for PSE&G and the third RTEP window of the year.
FirstEnergy posted a $1.1 billion second-quarter loss, much of it related to the pending closure of five coal-fired units.
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