A PJM analysis concludes that the RTO’s capacity markets are efficiently managing the entry and exit of capacity resources.

Ohio’s electric industry, roiled for months by the controversial AEP and FirstEnergy PPA requests and PUCO's approval, shows no sign of calming down.

PUCO Chairman Andre Porter submitted his resignation to Gov. John Kasich on Friday morning, little more than a year after taking the position.

FERC rescinded waivers it granted AEP and FirstEnergy, meaning their controversial PUCO PPAs will be subject to the commission’s affiliate abuse test.

PJM asked FERC not to order changes to the RTO’s minimum offer price rule before May’s Base Residual Auction.

The Public Utiities Commission of Ohio (PUCO) unanimously approved modified versions of two controversial power purchase agreements for AEP and FirstEnergy.

Eleven generating companies have asked FERC to expand the PJM minimum offer price rule (MOPR) in time for May’s 2019/20 Base Residual Auction.

FERC ordered PJM  to change its method of calculating capacity market offer caps, saying it was inconsistent with its practice in the energy market.

PJM joined more than a dozen other parties in calling for a FERC review of power purchase agreements that would provide FirstEnergy and AEP a guaranteed return for their struggling generating stations in Ohio.

FirstEnergy reported fourth-quarter operating earnings of $0.58/share, compared with $0.80/share for the same period in 2014.