FirstEnergy Board Chair, President and CEO Brian X. Tierney Participates in Pennsylvania Energy and Innovation Summit
FirstEnergyFirstEnergy(US:FE) Prnewswire·2025-07-15 20:29

Core Insights - FirstEnergy Corp. is committed to modernizing the energy grid to support growth and innovation driven by emerging technologies [1][3] - The evolving electric landscape in Pennsylvania and across the U.S. is influenced by economic development and artificial intelligence, leading to increased electricity demand [2] - FirstEnergy plans to invest over $28 billion systemwide through 2029 to enhance local distribution systems and strengthen the transmission network [3] Investment Plans - In Pennsylvania, FirstEnergy will allocate $15 billion for infrastructure enhancements, including workforce development and safety improvements [4] - The company aims to create jobs by hiring over 40 new journey-level employees and apprentices this year in Pennsylvania [4] - The Energize365 program focuses on creating a smarter and more secure grid through key investments across its five-state service territory [5] Operational Excellence - FirstEnergy serves over 6 million customers across multiple states, operating approximately 24,000 miles of transmission lines [6] - The company emphasizes integrity, safety, reliability, and operational excellence in its operations [6] - Planned upgrades include automated technology for outage detection, enhanced wires for increased capacity, real-time monitoring systems, and modernized substations [8]