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FirstEnergy abruptly replaced CEO Steven Strah with the chair of its board of directors, John W. Somerhalder II, citing the former's “decision to retire.”
The Planning Committee heard updates on PJM's capital budget, the Reserve Requirement Study and an appellate court ruling on transmission cost allocation.
A long-simmering dispute over PJM’s capacity accreditation of renewables is threatening to boil over, with some stakeholders calling for FERC intervention.
New Jersey’s Board of Public Utilities earlier this month denied requests by 15 solar developers seeking to extend the completion deadlines for 37 projects.