{"id":870018,"date":"2025-07-15T17:42:48","date_gmt":"2025-07-15T21:42:48","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/firstenergy-board-chair-president-and-ceo-brian-x-tierney-participates-in-pennsylvania-energy-and-innovation-summit\/"},"modified":"2025-07-15T17:42:48","modified_gmt":"2025-07-15T21:42:48","slug":"firstenergy-board-chair-president-and-ceo-brian-x-tierney-participates-in-pennsylvania-energy-and-innovation-summit","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/firstenergy-board-chair-president-and-ceo-brian-x-tierney-participates-in-pennsylvania-energy-and-innovation-summit\/","title":{"rendered":"FirstEnergy Board Chair, President and CEO Brian X. Tierney Participates in Pennsylvania Energy and Innovation Summit"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n AKRON, Ohio<\/span>
\n <\/span>, July 15, 2025<\/span><\/span> \/PRNewswire\/ — FirstEnergy Corp. (NYSE: FE) Board Chair, President and CEO Brian X. Tierney<\/span> addressed government officials, global investors and leaders in energy, technology, labor and trade during today’s Pennsylvania Energy and Innovation Summit at Carnegie Mellon University<\/span> in Pittsburgh<\/span>, hosted by Senator David McCormick<\/span>. Tierney emphasized FirstEnergy’s commitment to building a modern energy grid that supports growth and innovation fueled by emerging technologies.<\/p>\n

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\n \"FirstEnergy
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\n Brian Tierney<\/span>: <\/b>“The electric landscape \u2013 in Pennsylvania<\/span> and across the country \u2013 is evolving rapidly as economic development and artificial intelligence drive increased electricity demand. Meeting this demand while ensuring reliable energy supply requires more dispatchable energy sources and a stronger transmission infrastructure.<\/p>\n

The surge in demand creates both challenge and opportunity. FirstEnergy is embracing the opportunity by making strategic investments that enable jobs creation, growth and resilience.\u00a0Through 2029, FirstEnergy is investing more than $28 billion<\/span> in capital systemwide to modernize local distribution systems and strengthen the transmission network.<\/p>\n

In Pennsylvania<\/span>, that includes spending $15 billion<\/span> in infrastructure enhancements, people, processes and facilities needed to deliver safe, reliable power.\u00a0This year, more than 40 new journey-level hires and apprentices will join our Pennsylvania<\/span> team in well-paying, meaningful careers with long-term growth opportunity.<\/p>\n

By investing in a smarter, stronger grid and dedicated workforce, FirstEnergy isn’t just keeping pace with change \u2013 we are helping lead it.”<\/p>\n

\n Planned Investments Strengthen the Grid<\/b>\n <\/p>\n

Under Energize365, FirstEnergy’s multi-year grid evolution program, the company is creating a smarter, more secure grid. Through 2029, key investments across its five-state service territory include:<\/p>\n