PP PPL PPL Corporation Loading... : Bullish and Bearish Analyst Opinions

FirstEnergy expects to allocate only ~4% of the PJM Reliability Resource Initiative (backstop) auction megawatts to its zone, reducing the cost burden on its customers and potentially signaling that the auction's risks are concentrated in other utilities' footprints. — This reveals that the backstop capacity costs will be unevenly distributed across the PJM footprint, potentially pressuring earnings or customer rates for utilities that receive larger allocations.