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FirstEnergy


FirstEnergy Fires CEO as Nuclear Bailout Probe Continues

FirstEnergy Corp. President and CEO Charles “Chuck” Jones was fired late Thursday after an internal review found Jones and two other company executives violated company policies in connection with an…


Energy Groups Supply Gear, Donate Millions to Fight COVID-19

Energy companies and equipment suppliers to the power generation industry have been at the forefront of efforts to battle the COVID-19 pandemic. Utilities have suspended shutoffs of services to customers…


POWER Notebook: Ohio Gas Plant Project in Jeopardy if Nuclear Bill Passes

New York City-based LS Power on July 15 said it would end a project to expand its natural gas-fired Troy power plant in Ohio if state lawmakers pass legislation to…


Recent U.S. Utilities Bankruptcies Raise Important Questions About Safe Harbor for Forward Contracts
Contracts

COMMENTARY Are power purchase and similar agreements excluded from the automatic stay under the safe harbor for forward contracts? Both the FirstEnergy Solutions and Pacific Gas & Electric (PG&E) bankruptcies have…


Pennsylvania Is Newest Nuclear Subsidy Battleground

Pennsylvania, the nation’s second-largest nuclear power-producing state, is now definitively a battleground for nuclear power subsidies.  Last week, in two memos that were circulated in the state House and Senate,…