January 23, 2025

FirstEnergy

RTO Insider Top 30: Revenues, Earnings Down in Q2
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%.
PJM Planning Committee and TEAC Briefs
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 Posts $1.1B Loss, Eyes Exit from Merchant Generation
FirstEnergy posted a $1.1 billion second-quarter loss, much of it related to the pending closure of five coal-fired units.
PJM Defends Analysis of Competitive vs. Regulated Markets
PJM CEO Andy Ott combated generators’ assertion that the RTO’s competitive markets owe their success to legacy assets.
PUCO Staff Recommends $131M Annual Rider for FirstEnergy
PUCO staff has proposed a new rider for FirstEnergy in order to maintain the company’s investment-grade credit rating.
Overheard at the MACRUC Annual Education Conference
More than 300 regulators, PJM officials and industry stakeholders attended MACRUC’s 21st Annual Education Conference.
FirstEnergy Foes Ask FERC to Step in Again in Ohio Dispute
Groups opposing FirstEnergy's plan to win subsidies from Ohio regulators asked FERC to again intervene in the dispute.
PJM News Briefs from FERC Open Meeting
A summary of FERC orders related to PJM issued at the commission's open meeting on June 16, 2016.
Generators Rebut PJM Study on Investment in Competitive Markets
A coalition of generators led by AEP and FirstEnergy  responded to PJM’s analysis of resource investment in competitive markets.
Former PUCO Chairman Andre Porter Joins MISO
Former Public Utilities Commission of Ohio (PUCO) Chairman Andre Porter is crossing state lines to become general counsel at MISO.

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