The Public Utilities Commission of Ohio (PUCO) rejected challenges to their order awarding FirstEnergy a subsidy worth more than $600 million.

Energy storage is providing benefits to the grid, and rules need to be implemented to ensure it finds its proper place, a panel of experts told NARUC.

AEP Ohio proposed a new retail rate plan that would more than triple residential customers’ fixed charges but doesn't include subsidies for its merchant generation.

At last week's NARUC Annual Meeting, regulators and grid operators agreed that state commissions must engage when key decisions are being made by RTOs.

PUCO rejected the FirstEnergy (NYSE:FE) request for a $558 million annual subsidy for eight years, awarding only $132.5 million annually for three years.

American Electric Power CEO Nick Akins said last week that AEP is seeking only a partial “restructuring” of Ohio’s energy market.

FirstEnergy posted a $1.1 billion second-quarter loss, much of it related to the pending closure of five coal-fired units.

FirstEnergy will retire four units at its Sammis coal-powered power plant and sell or deactivate its Bay Shore plant by 2020.

PUCO staff has proposed a new rider for FirstEnergy in order to maintain the company’s investment-grade credit rating.

Groups opposing FirstEnergy's plan to win subsidies from Ohio regulators asked FERC to again intervene in the dispute.