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FirstEnergy Solutions Seeks Emergency DOE Order For Additional Compensation To Coal, Nuclear Plants

March 30,2018

FirstEnergy Solutions Corp. (FES) called on US Energy Secretary Rick Perry to issue an emergency order directing PJM Interconnection (PJM) to immediately begin negotiations to secure the long-term capacity of certain nuclear and coal-fired plants in the region and to compensate their owners for what FE called, "for the full benefits they provide to energy markets and the public at large, including fuel security and diversity."

FES filed an application for an order under Section 202c of the Federal Power Act, which gives the Secretary of Energy extraordinary powers to confront such emergencies.

FirstEnergy Solutions   PJM   Nuclear  

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