Mon Power and Potomac Edison Submit Plan to Support Power Needs in West Virginia Over the Next Decade

01.10.25 19:21 Uhr

Werte in diesem Artikel
Aktien

38,40 EUR 0,00 EUR 0,00%

Preferred plan includes a 1,200-megawatt natural gas combined-cycle power plant to ensure reliable and cost-efficient power for growing businesses and customers

FAIRMONT, W.Va., Oct. 1, 2025 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have submitted an Integrated Resource Plan (IRP) to the Public Service Commission of West Virginia that outlines how the companies will continue to deliver reliable, cost-effective power to West Virginia homes and businesses over the next decade.

Mon Power Logo (PRNewsfoto/FirstEnergy Corp.)

West Virginia's energy landscape is changing as industries grow, and the need for dependable, cost-effective power is critical. The IRP lays out a roadmap to meet the need, guided by local priorities and a commitment to keeping power accessible and resilient.

Jim Myers, FirstEnergy's President of West Virginia and Maryland: "Our Integrated Resource Plan reflects a long-term view of the state's energy future. It is the result of careful analysis and planning – designed to ensure we can continue delivering reliable power while supporting economic development and keeping costs manageable for our customers."

Balancing reliability, affordability and local investment
The IRP looks at four different ways to provide power for customers, guided by three main goals:

  • Keeping energy costs manageable for families and businesses.
  • Ensuring power is available when demand is high.
  • Supporting local investment and job creation while managing environmental impacts.

Building on strengths, preparing for change
Mon Power and Potomac Edison's preferred plan blends existing generation with new resources, offering flexibility to adapt to future conditions. Key recommendations include:

  • Keeping the Fort Martin Power Station and Harrison Power Station operational through the IRP's 10-year planning period.
  • Exploring the addition of a 1,200-megawatt natural gas combined-cycle unit to be operational around 2031.
  • Adding 70 megawatts of utility-scale solar in 2028.
  • Using short-term power purchases to maintain reliability until new resources are online.

Supporting growth and state goals
The plan addresses the growing demand for electricity driven by sectors like data centers and advanced manufacturing. New dispatchable generation would complement existing plants and help meet rising demand. 

The IRP also supports Governor Morrisey's "50 by 50" initiative, which aims to boost West Virginia's energy capacity to 50 gigawatts by 2050 – positioning the state as a leader in energy innovation and infrastructure.  

Mon Power serves about 395,000 customers in 34 West Virginia counties. Follow Mon Power at mon-power.com, on X @MonPowerWV, and on Facebook at facebook.com/MonPowerWV.

Potomac Edison serves about 285,000 customers in seven counties in Maryland and 155,000 customers in the Eastern Panhandle of West Virginia. Follow Potomac Edison at potomacedison.com, on X @PotomacEdison, and on Facebook at facebook.com/PotomacEdison.

FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at firstenergycorp.com and on X @FirstEnergyCorp.

Potomac Edison Logo (PRNewsfoto/FirstEnergy Corp.)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mon-power-and-potomac-edison-submit-plan-to-support-power-needs-in-west-virginia-over-the-next-decade-302572859.html

SOURCE FirstEnergy Corp.

In eigener Sache

Übrigens: FirstEnergy und andere US-Aktien sind bei finanzen.net ZERO sogar bis 23 Uhr handelbar (ohne Ordergebühren, zzgl. Spreads). Jetzt kostenlos Depot eröffnen und Neukunden-Bonus sichern!

Ausgewählte Hebelprodukte auf FirstEnergy

Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf FirstEnergy

NameHebelKOEmittent
NameHebelKOEmittent
Wer­bung

Nachrichten zu FirstEnergy Corp

Wer­bung

Analysen zu FirstEnergy Corp

DatumRatingAnalyst
24.07.2018FirstEnergy Sector OutperformScotia Howard Weil
29.01.2018FirstEnergy OutperformWolfe Research
01.05.2017FirstEnergy OverweightBarclays Capital
20.12.2016FirstEnergy HoldDeutsche Bank AG
02.12.2016FirstEnergy Equal WeightBarclays Capital
DatumRatingAnalyst
24.07.2018FirstEnergy Sector OutperformScotia Howard Weil
29.01.2018FirstEnergy OutperformWolfe Research
01.05.2017FirstEnergy OverweightBarclays Capital
25.10.2016FirstEnergy BuyDeutsche Bank AG
22.04.2016FirstEnergy OverweightBarclays Capital
DatumRatingAnalyst
20.12.2016FirstEnergy HoldDeutsche Bank AG
02.12.2016FirstEnergy Equal WeightBarclays Capital
13.10.2016FirstEnergy Sector PerformRBC Capital Markets
28.04.2016FirstEnergy Sector PerformRBC Capital Markets
25.04.2016FirstEnergy HoldDeutsche Bank AG
DatumRatingAnalyst
20.02.2015FirstEnergy SellUBS AG

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für FirstEnergy Corp nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
mehr Analysen