American Electric Power (AEP)
The settlement provides guaranteed income for the output of AEP's 2,671-MW ownership share of nine power plants.
By Ted Caddell
FirstEnergy said Tuesday it has reached a proposed settlement with Public Utilities Commission of Ohio staff that would provide guaranteed in...
FERC was particularly interested in learning how PJM reclassifies supplemental projects as baseline projects in its RTEP.
FirstEnergy and AEP's CEOs told analysts and investors at the EEI Financial Conference that they expect the PUCO to rule on their requests for above-market power purchase agreements with their generators late this year or early in 2016.
A summary of issues discussed by the PJM Transmission Expansion Advisory Committee on Oct. 8, 2015.
The developers of the abandoned PATH transmission project would be denied recovery of more than $10 million of their $121.5 million claim under an initial decision by a FERC administrative law judge Monday.
PJM generators — such as Exelon, Dynegy, NRG and PSEG — will earn $10.9 billion from this year’s capacity auction in the first test of the RTO’s new Capacity Performance requirements.
AEP celebrated increased second-quarter profits last week, but the company said it still needs the PUCO to approve the so-called “guaranteed rate” plan to support its generating plants.
SPP members approved four over-budget transmission projects and sent three others back to the drawing board amid widespread criticism of the process used to estimate project costs.
Talen Energy announced its first post-spinoff acquisition that expands the company’s presence in ISO-NE and marks its entry into NYISO.
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