Ohio
Several state consumer advocates filed a complaint at FERC alleging PJM’s capacity market is failing to mitigate market power, overestimating future load and producing high clearing prices that generation owners cannot act on.
Newly minted American Electric Power CEO Bill Fehrman is promising to “embrace large load opportunities,” leverage its expertise in 765-kV transmission and deliver more positive regulatory outcomes.
AEP Ohio submitted a settlement agreement that would provide a buffer on the cost risks of building infrastructure to serve future data centers that may not use as much electricity as they initially propose.
FirstEnergy reached an agreement with the Office of Ohio Attorney General and the Office of the Summit County Prosecutor to resolve all outstanding proceedings on the firm’s bribery scandal.
AEP Ohio is asking state regulators to create new tariffs that would force data center developers to pay for 90 to 95% of their projected electrical demand for their first 10 years of operation, even if they use less.
Former PUCO Chair Sam Randazzo, who faced multiple criminal counts for taking millions in bribes from FirstEnergy, died by suicide, according to multiple news reports.
The U.S. Department of Energy finalized energy efficiency standards for distribution transformers to increase grid efficiency and save $824 million annually.
The U.S. Supreme Court’s conservative majority appeared inclined to pause the Biden administration’s Good Neighbor Plan, an EPA rule to limit ozone-forming nitrogen oxide emissions from power plants and industrial facilities in certain states.
An RMI study about grid-enhancing technologies on the PJM grid found they could save consumers hundreds of millions of dollars a year and speed renewable development.
FERC approved Vistra's purchase of Energy Harbor, which will allow Vistra to set up a new clean generation/retail firm while spinning off the combined firms' fossil plants into a separate subsidiary.
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