Latest PJM Interconnection Stories

EAGLEVILLE, Pa., May 17, 2012 /PRNewswire/ -- PJM Interconnection's wholesale electric energy and capacity markets produced competitive results during the first three months of 2012, according to the 2012 Quarterly State of the Market Report: January through March, released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM. The Independent Market Monitor, Joseph Bowring, announced findings of the report today. The report is the Independent Market Monitor's...

VALLEY FORGE, Pa., May 17, 2012 /PRNewswire/ -- The PJM Interconnection Members Committee today elected Sarah S. Rogers to the PJM Board of Managers. Rogers fills the vacancy arising from the retirement of Lynn W. Eury, who, as an original Board member in 1997, served for 15 years. Rogers contributes her strong industry knowledge as CEO of Florida Reliability Coordinating Council and her previous experience with Progress Energy, including her last position there as the Vice...

VALLEY FORGE, Pa., May 15, 2012 /PRNewswire/ -- PJM Interconnection this month passed the one gigawatt (GW)--one billion watts - milestone for solar power installed in its region. One gigawatt of electricity generated would power between 800,000 and one million homes. (Photo: http://photos.prnewswire.com/prnh/20120515/PH07963 ) Solar power more than doubled in each of the last two years and continues to grow. The map shows the amount of solar capacity by county in PJM's region....

AKRON, Ohio, May 15, 2012 /PRNewswire/ -- Shareholders of FirstEnergy Corp. (NYSE: FE) today reelected 14 members to its Board of Directors and voted on other company and shareholder proposals at the company's 2012 Annual Meeting held in Akron, Ohio. The following directors were reelected to one-year terms: Paul T. Addison, retired, formerly managing director of Salomon Smith Barney (Citigroup); Anthony J. Alexander, president and chief executive officer, FirstEnergy Corp.;...

AKRON, Ohio, May 11, 2012 /PRNewswire/ -- FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp. (NYSE: FE), announced its Beaver Valley Power Station Unit 1 in Shippingport, Pa., returned to service this morning following an April 9, 2012, shutdown for refueling and maintenance. Beaver Valley's 911-megawatt Unit 1 began producing electricity at 10:00 a.m. today. The plant, currently operating at 40 percent power, is expected to reach full power this week....

WASHINGTON, May 8, 2012 /PRNewswire-USNewswire/ -- The Electricity Storage Association (ESA) is pleased to announce the 2012 recipient of the ESA's annual Phil Symons Electricity Storage Award is Terry Boston, President and Chief Executive Officer, PJM Interconnection. Mr. Boston was presented with the award at the ESA 22nd Annual Meeting, held in Washington D.C., on May 2-4, 2012. Mr. Boston was recognized for his outstanding leadership within the energy industry, having dedicated...

AKRON, Ohio, May 7, 2012 /PRNewswire/ -- FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp. (NYSE: FE), announced its Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, shut down early on May 6, 2012, for scheduled refueling and maintenance. While the 908-megawatt unit is off line, 68 of the 177 fuel assemblies will be replaced and numerous safety inspections will be conducted, including inspections of the steam generators. In addition,...

MORRISTOWN, N.J., May 4, 2012 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) has been identified as one of the top 10 utility companies in the nation for the installation of new solar power within its service area. A report by the Solar Electric Power Association (SEPA) ranks JCP&L sixth with 53 megawatts (MW) of newly installed solar power capacity in 2011. "Our efforts to encourage the development and expansion of solar energy are yielding results," said...

MORRISTOWN, N.J., May 2, 2012 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) completed the installation of two new electrical switches in the Morristown underground network on Saturday, April 28, 2012. (Photo: http://photos.prnewswire.com/prnh/20120502/CL99580 ) The new switches, weighing about 500 pounds each, will improve service reliability in the downtown area by using the latest enhanced technology to redirect power in the area should outages occur. "We...

AKRON, Ohio, May 2, 2012 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) broke ground today for a substation and associated transmission lines in Lorain, Ohio, designed to support the new arc furnace Republic Steel is building at its Lorain facility. Known as the Black River Substation, the new facility will provide 138 kilovolt (or 138,000 volt) power to support future operations at Republic Steel. The new substation also will have the capacity to supply power to much of the City...