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March 29, 2026

Company News

Investors Plan MD Plant, Acquire PA Project
Panda Power Funds, a Texas-based private equity fund, last week announced two big investments in PJM, proposing a plant in MD and purchasing rights to a planned generator in PA.
Company Briefs
The latest news on some of the companies doing business in PJM: Duke Energy, NRG, Covanta Energy.
FirstEnergy Issues Coal Plant Layoff Notices as PJM Seeks Delay
FirstEnergy began sending layoff notices to workers at two PA coal-fired plants even as PJM notified the company it won’t complete upgrades in time for the planned shutdowns.
Analysis – JP Morgan Settlement: A Verdict on Electric Markets?
Are RTO market rules too clumsy and complicated to prevent gaming and protect consumers? An analysis of the JP Morgan settlement for clues.
VA OKs Dominion Virginia Power Generator
VA regulators last week approved Dominion Virginia Power’s request to build a 1,358 MW natural gas-fired generator near Lawrenceville in Brunswick County.
FERC Rejects PSEG Frequency Compensation Challenge
Last week FERC accepted PJM’s revised plan for frequency compensation, and rejecting a rehearing request from PSEG Companies.
FE Closing Two PA Coal Plants Due to Air Regs
FirstEnergy Corp. announced it will close 2 coal plants with 2,080 MW of capacity by 10-9-13 to avoid retrofitting them to meet federal environmental rules.
Dominion and PPL to Add One SPS, Remove Three Others
Dominion and PPL will remove three Special Protection Schemes (SPS) while Dominion will add one, PJM told the Planning Committee last week.
New 500 kV Line for Dominion
Dominion Virginia Power’s new Pleasant View-Goose Creek 500 kV line will be designated as line number 595.
MD OKs $28 Million Base Rate Boost for PEPCO
The MD PSC approved only some of PEPCO's rate increase; $28 million in distribution rates and a $24 million surcharge to accelerate the hardening of feeder lines.

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