November 22, 2024

FirstEnergy

Feds: FE Paid $61M in Bribes to Win Nuke Subsidy
FirstEnergy spent $61 million in bribes and “dark money” to elect Ohio House Speaker Larry Householder and his allies, federal officials charged.
Strah Named New President of FirstEnergy
FirstEnergy promoted CFO Steve Strah to take over as president for Charles Jones, who will remain as CEO.
FirstEnergy Sees Modest Earnings Impact from Pandemic
FirstEnergy remains confident in its earnings projections despite lower electricity demand and the likelihood of a recession from the coronavirus pandemic.
Ohio OKs FirstEnergy Brokerage Despite Protests
The Public Utilities Commission of Ohio approved Suvon, doing business as FirstEnergy Advisors, as a competitive retail electric service provider.
FERC OKs FES Sale to Bondholders
FERC approved FirstEnergy Solutions’ bankruptcy plan by allowing investment funds to convert secured and unsecured bond claims into a 50% equity stake.
FERC Grants Recovery on PATH Project Costs
FERC said its revised interpretation of accounting rules supports a rehearing request from developers of the abandoned PATH transmission project.
PJM PC/TEAC Briefs: Dec. 12, 2019
PJM’s Planning Committee will consider whether the RTO must develop document language to deal with mitigation of existing and future infrastructure.
PJM PC/TEAC Briefs: Aug. 8, 2019
PJM staff unveiled to the Planning Committee a proposed new fee structure for a more involved cost-containment process.
PJM PC/TEAC Briefs: July 11, 2019
PJM’s Merchant Transmission and Offshore Wind Task Force will soon bring potential rule changes for offshore wind development to the Planning Committee.
Ohio Nuke Bill — A Worthwhile Tradeoff?
Ohio lawmakers are being asked to trade ratepayer-funded renewable energy mandates for the jobs and carbon-free energy of FirstEnergy’s nuclear plants.

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