FirstEnergy Corp. President and CEO Charles E. Jones issued the following statement regarding the Department of Energy's proposal to help prevent additional premature closures of US baseload generating facilities:
"We commend Secretary Perry and the Department of Energy for recognising the importance of a reliable, resilient electric grid for American families and our nation's economy. Correcting the faulty market conditions and keeping essential baseload generating plants operating will help ensure customers continue to receive safe, reliable and affordable supplies of electricity while maintaining the security of the electricity grid. We look forward to final action by the Federal Energy Regulatory Commission (FERC) as soon as possible."