October 7, 2024

FirstEnergy

FERC Questions PJM Capacity Offer Cap
PJM’s Market Monitor overstepped its authority in calculating the capacity offer cap, but the RTO’s Tariff may need to be changed, FERC ruled.
FirstEnergy Wants Regulated Companies to Subsidize Generation
FirstEnergy is asking consumers to prop up nuclear and coal generating plants the company says are at risk of closing due to low energy and capacity prices.
Company Briefs
News briefs on companies in the PJM Interconnection this week, including Vivint, Tennessee Valley Authority, Sunoco, FirstEnergy and PSEG Nuclear.
Q2 Earnings Roundup
PJM member companies FirstEnergy, Duke Energy, NRG Energy, Dynegy and AES all announced second-quarter earnings last week.
State Briefs
News briefs from the states within the PJM footprint. This week we include Delaware, Illinois, Indiana, Michigan, New Jersey, Ohio, Pennsylvania and West Virginia.
DR’s Future Unclear Following Court Ruling
Questions multiplied faster than answers last week following an appellate court ruling that threw out FERC's jurisdiction over demand response (DR) compensation.
PJM Welcomes Rule’s ‘Flexibility’; Generators’ Views Mixed
PJM and several member companies weighed in with reactions to the EPA's proposed GHG rule and its carbon emission limits.
How Exelon Won by Losing
Exelon shareholders shed no tears last week over the news that five of the company’s nuclear units failed to clear PJM’s capacity auction. Analysts say the company will earn almost $150 million more in capacity revenue than it would have if all of the company’s capacity had cleared.
Capacity Results: Who’s In, Who’s Out?
Exelon made no secret last week that five of its nuclear units failed to clear the capacity auction. Other generators — representing almost two-thirds of the generation capacity that failed to clear — were less forthcoming.
Company Briefs
News briefs on companies in PJM Interconnection. This week, we feature Duke, PSEG, PPL, FirstEnergy, Panda Power and Entergy.

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