February 25, 2025

FirstEnergy

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.
Winter Boosts Q-1 Earnings
The brutal winter weather boosted earnings for many PJM companies in the first quarter, even while some were absorbing huge costs from strategy shifts.
Company Briefs
News briefs on companies in PJM Interconnection; this week featuring PSEG, Exelon, Commonwealth Edison, FirstEnergy and Dominion.
Company Briefs
News briefs on companies in PJM Interconnection: This week we spotlight Duke Energy, Exelon, NRG Energy, Exelon, Exel Energy, FirstEnergy, ComEd, and AEP.
Billions at Stake in Capacity Market Challenge
Regulators, consumer advocates and the Market Monitor last week urged the Federal Energy Regulatory Commission not to change a crucial rule for PJM’s upcoming capacity auction, warning that it would allow generators to exercise market power.
FTR Holders Seek Shortfall Fix
FTR traders asked PJM and the Market Monitor to take action to address funding shortfalls, receiving sympathy but no commitments.
Pepco Earnings Up, FE Down
PJM Company Earnings Report - Pepco Holdings reported a big increase in fourth quarter earnings while FirstEnergy showed a drop.

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