FirstEnergy
FERC approved FirstEnergy’s plan to spin off the transmission assets of three of its utilities into a new subsidiary.
Independent power producers and EPSA jointly filed complaints with FERC against power purchase agreements FirstEnergy and AEP have proposed to Ohio.
Dynegy has entered the Ohio power purchase agreement fray, floating an offer to PUCO that it said would save consumers in the state $5 billion.
Exelon has joined the opposition to FirstEnergy's attempts to win guaranteed payments for its Ohio power plants.
PJM said AEP's proposed PPA needs changes to preserve competition.
PJM said it will weigh in on the controversial power purchase agreements AEP and FirstEnergy negotiated with PUCO staff.
The settlement provides guaranteed income for the output of AEP's 2,671-MW ownership share of nine power plants.
When FirstEnergy announced that it had reached a settlement with PUCO staff to secure guaranteed rates for several of its merchant plants, the company found itself under attack by many of its former allies.
By Ted Caddell
FirstEnergy said Tuesday it has reached a proposed settlement with Public Utilities Commission of Ohio staff that would provide guaranteed in...
FERC upheld an administrative law judge decision that FirstEnergy is responsible for reporting data related to Old Dominion Electric Cooperative load in Virg...
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