AEP/FirstEnergy Throwing in the Towel

It’s over.  Here is the first paragraph from AEP/FirstEnergy’s press release:

American Electric Power (NYSE: AEP) and FirstEnergy Corp. (NYSE: FE) today announced their affiliates will file to withdraw their applications for state regulatory approval of the Potomac-Appalachian Transmission Highline (PATH) project following an announcement by regional grid operator PJM Interconnection that the project has been suspended. [emphasis added]

The whole PATH fiasco may be coming to a rapid close.

You will also note that the press release is now the only thing accessible on the PATH Web site.