FirstEnergy Corp. (FE) , Dominion Energy (D) and American Electric Power (AEP) have jointly proposed to build a new transmission project spanning several states in the Pennsylvania-New Jersey-Maryland Interconnection ("PJM") region. The objective behind the multi-state transmission line is to support the grid, cater to the rising electricity demand from energy-intensive industries in PJM and make space for renewables to be added to the grid. Per PJM Inside Line, PJM has released its new long-term load forec ...

AKRON, Ohio, Oct. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the third quarter and first nine months of 2024 after markets close on Tuesday, October 29. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 9 a.m. EDT on Wednesday, October 30. A question-and-answer session will follow. Investors, customers and other interested parties are invited to listen to a live webcast of the call and view presentation ...

Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning process Collaboration leverages expertise of industry leaders to propose comprehensive, cost-effective solutions that promote regional grid reliability AKRON, Ohio, Oct. 7, 2024 /PRNewswire/ -- FirstEnergy Corp., Dominion Energy Virginia and American Electric Power have entered into an innovative joint planning agreement to propose several new regional electric transmission proj ...

Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning process Collaboration leverages expertise of industry leaders to propose comprehensive, cost-effective solutions that promote regional grid reliability RICHMOND, Va., Oct. 7, 2024 /PRNewswire/ -- Dominion Energy Virginia, American Electric Power and FirstEnergy Corp. have entered into an innovative joint planning agreement to propose several new regional electric transmission pr ...

Removal of dead and diseased trees in 2024 has already surpassed 2023 HOLMDEL, N.J., Oct. 7, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has removed an increasing number of dead and diseased ash trees in portions of its New Jersey service territory this year as part of an effort to reduce power outages caused by at-risk trees near power lines. So far in 2024, JCP&L arborists have identified and removed more than 7,000 vulnerable ash trees, almost ...

FirstEnergy Corporation's (FE) continuous capital investments to maintain and increase resiliency are likely to strengthen its infrastructure, which will help enhance its performance. Given its growth opportunities, FE makes for a solid investment option in the Utility sector. Currently, the company carries a Zacks Rank #2 (Buy). Let's look at the factors that are driving the stock. FE's Growth Projections & Surprise History The Zacks Consensus Estimate for FE's 2024 earnings per share (EPS) is pinned at $2 ...

The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has FirstEnergy (FE) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question. FirstEnergy is one of 105 individual stocks in the Utilities sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 diff ...

FirstEnergy tips to help keep the candy – and electricity – flowing safely AKRON, Ohio, Oct. 3, 2024 /PRNewswire/ -- As neighborhoods across the country gear up for Halloween, FirstEnergy Corp. (NYSE: FE) reminds the public to keep safe in their decorating and celebrations this fall. Celebrating responsibly can help people of all ages enjoy the season safely and keep power flowing reliably. Candace Webb, Manager of Public Safety at FirstEnergy: "As Halloween approaches, it's important to remember that while ...

FirstEnergy Corporation (FE) announced that its subsidiary, American Transmission Systems, Inc. ("ATSI"), is expanding and upgrading a high-voltage substation in Sylvania Township, Lucas County. The project is expected to be completed and go into service in early 2025. Benefits of the Project As a result of this development, more than 20,000 Toledo Edison customers in northwest Ohio are expected to benefit from improved electric service reliability. The project will involve the installation of new automated ...

FirstEnergy Corporation (FE) introduced a new technology that will assist in predicting and reducing treerelated outages beforehand across its service area. Proper vegetation management is essential for transmission and distribution companies as this increases the entire system's resiliency and reduces the possibility of outages during storms. FirstEnergy's transmission and distribution lines are spread across a very wide area, with terrains ranging from flat agricultural land to rugged mountainous conditio ...