FirstEnergy CEO Sees "Great Potential" In Utility-Owned Storage, Solar, EVs, Touts New Emerging Technologies Group

During an annual shareholder meeting, Chuck Jones, President and CEO of FirstEnergy, touted the companies' new Emerging Technologies group, whose recent formation was previously reported by RetailEnergyX.com (story here)

"As part of our customer-focused growth strategy, we formed an Emerging Technologies organization to explore advanced technologies that benefit customers and support state and federal policies to improve grid performance, energy security and environmental stewardship. These technologies build on our existing regulated business platform while offering customers the flexibility and functionality that they want. We see great potential in electric vehicles, solar power, microgrids and utility-owned storage," Jones said