FirstEnergy Corp. subsidiary Allegheny Energy Supply Co. LLC (AE Supply) has struck a nonbinding agreement with an undisclosed party to sell 1,572 MW of natural gas and hydro generating assets for $885 million.
The Sunbury Pipeline Project, designed to deliver 200,000 Dth/d to a new natural gas-fired power plant and to local distribution markets in Central Pennsylvania, received the green light from FERC Friday to move forward with construction. Read More
A proposal in the Oregon legislature (HB 4036) advocating clean electricity could alter the state's natural gas-fired generation, and a troubled gas-fired plant under construction in the state is back on track and should open later this year, Portland General Electric (PGE) CEO Jim Piro said Friday.
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