FirstEnergy
FirstEnergy is encouraged by new support for nuclear and coal-fired plants, but the company will not change its plan to divest its merchant generation.
The CEO of FirstEnergy said the company plans to seek subsidies - zero-emission credits (ZECs) - for its Ohio nuclear plants to make them attractive to buyers.
FERC ordered AEP and FirstEnergy to refund more than $6 million they recovered from ratepayers for the canceled PATH project in PJM.
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.
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