This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. The PJM Interconnection’s proposed Reliability Backstop Procurement auction could be a “step in the right direction,” but contains key elements FirstEnergy opposes, Brian Tierney, the company’s chairman, president and CEO, said Wednesday during a quarterly earnings conference call. He expressed particular concern about the grid operator’s potential role in the proc ...