April 29, 2016, Volume 5, Issue 58

04/29/2016

Update: The PUCO accepted the results of FirstEnergy’s latest wholesale auction.  Suppliers submitted winning bids for one-, two-, and three-year products to supply electricity to FirstEnergy’s customers, which resulted in average clearing prices ranging from $49.67/MWh to $51.44/MWh. As a comparison, FirstEnergy’s last wholesale auction resulted in average clearing prices ranging from $48.46/MWh to $50.49/MWh for a similar product.

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