October 7, 2024

FirstEnergy

Reboot for FirstEnergy
With its decision to cut its dividend, FirstEnergy acknowledged last week that its focus on its unregulated business was a losing strategy. Now the question is whether its renewed focus on regulated operations will improve the fortunes of the beleaguered company enough to regain Wall Street’s favor.
FirstEnergy’s History
A brief history of FirstEnergy Corporation.
State Briefs
News briefs from the states within the PJM footprint. This week we include Delaware, Kentucky, Maryland, North Carolina, Ohio, and Pennsylvania.
State Briefs
News briefs from the states within the PJM footprint. This week we include Illinois, Kentucky, New Jersey, North Carolina, Ohio, Pennsylvania, and Virginia.
Company Briefs
News briefs on companies in PJM Interconnection: AEP, Dominion, First Energy, GDF Suez Energy, and Iberdrola USA.
New Pricing Interface in PA Feb. 1
PJM will begin pricing at a new interface near the Seneca pumped storage station in Warren County, Pa., beginning Feb. 1.
TEAC Roundup
As expected, PJM transmission planners said last week they will recommend the PJM Board of Managers approve FirstEnergy’s proposed $8 million congestion-relief upgrade in the MetEd zone.
Company Briefs
News briefs on companies in PJM Interconnection: Dominion and FirstEnergy.
Don Miller, Long-Time PJM Rep, Retires from FE
FirstEnergy's Don Miller, whose career wove in and out of PJM since the 1980s, is retiring.
PJM to OK Only 1 of 17 Congestion Relief Proposals
PJM will approve only one of 17 congestion relief proposals submitted in September, saying most failed to provide sufficient benefits or targeted problems that were already addressed.

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