Dec. 7, 2017 – Midwest Energy News Illinois meeting to explore renewable energy’s effect on grid efficiency Debate at the commission Dynegy, which produces more power in MISO’s Illinois territory (Zone 4) than any other energy company, has said that many of its coal-fired power plants are in danger of being shuttered or sold, and it wants Illinois legislators to consider legislation to keep these plants firing. In April, MISO released new information showing the cost of reserving power plant capacity would be going up, and in May, after Dynegy proposed that Illinois assume capacity pricing, the grid operator wrote a letter to Illinois Governor Bruce Rauner […]
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Nov. 27, 2017 – RTO Insider – ICC to Hold Workshops on Future of Zone 4 Dynegy’s most recent bid to develop a specialized capacity market for downstate Illinois has failed to gain traction in the state’s legislature, but the conversation around the region’s resource adequacy is far from over. The legislation (SB 2250/HB 4141), which would have created a separate competitive capacity auction for central and southern Illinois administered by the Illinois Power Agency, failed to advance after hearings this month. Dynegy last month characterized the competitive auction as “subsidy-free” and “fuel-neutral.” It was expected to translate into higher clearing prices…. MISO […]
Nov. 9, 2017 – Midwest Energy News – Dynegy again seeks changes to keep Illinois coal plants running Illinois legislators are currently considering legislation that would help Dynegy’s financially precarious fleet of coal plants continue operating. The measure, which had its first hearing in a veto session that ends this week, would change how power plants downstate are paid to provide capacity… Dean Ellis, Dynegy executive vice president for regulatory and government affairs, said the bill is not a subsidy and would ensure that Dynegy’s plants remain open and available to provide power in coming years. “The existing design is artificially suppressing prices, […]
Nov. 8, 2017 – The News Gazette …Meeting jointly Tuesday, the Senate and House energy committees took no votes on the bills drafted to benefit Dynegy, which operates eight coal-fired power plants in central and southern Illinois. The company has warned lawmakers that under downstate Illinois’ current electricity-distribution system, it may have to close at least four of its power plants by 2021 and possibly sooner. “These closures would cause the loss of almost 550 well-paying union jobs and threaten approximately 4,000 indirect jobs,” Dynegy said in a statement. The appeal from Dynegy is similar to one advanced successfully last year […]
Oct. 3, 2017 – Energy Wire Dynegy Inc. continues to toil in the merchant power sector as low prices and ample supplies put a squeeze on its business. That’s especially true for a chunk of coal-fueled units in Illinois. Read the full story here.
Oct. 2, 2017 – The Journal-News – Will Proposed Rule Change Disadvantage Clean Plants? An online story published Wednesday, Sept. 27, by Midwest Energy News claims that new proposed Illinois Environmental Protection Agency rules may lead to the closure of clean power plants like Coffeen, but Dynegy officials claim those speculations are premature. “Any speculation about a specific plant is just that–speculation,” Dynegy vice president of regulatory affairs Dean Ellis told The Journal-News via phone interview from his office in Houston on Friday. “Our goal is to operate our cleanest, most efficient plants.” Under the Multi-Pollutant Standard (MPS) rules enacted in 2006, […]
Sep. 28, 2017 – Bloomberg BNA – Illinois Floats Emissions Rule Changes for Dynegy Coal Plants …The state Environmental Protection Agency is seeking to amend its Multi-Pollutant Standard, or MPS, which establishes control requirements for nitrogen oxides, sulfur dioxide, and mercury emissions from coal-fired electric generating units. Currently those plants are subject to average fleet-wide emissions limits only for nitrogen oxides and sulfur dioxide. The proposal would impose a cap on emissions from Illinois coal-fired power plants for the first time, Illinois EPA Director Alec Messina said in a statement sent to Bloomberg BNA. “[T]hese new tonnage limits are considerably lower […]
Sep. 27, 2017 – WSIL (ABC 3) Proposed rule changes for coal-powered plants could help save hundreds of jobs in small communities like Joppa, but they’ve caused a big controversy that’s made its way into the Illinois governor’s race. Illinois Gov. Bruce Rauner’s administration wants to impose annual caps on the amount of harmful pollutants coal plants can release into the air. The Illinois Environmental Protection Agency said the proposed amendments to the state’s multi-pollutant strategy would limit sulfur dioxide emissions to 55,000 tons per year and limit nitrogen oxide emissions to 25,000 tons per year. “These amendments, if adopted by […]
Aug. 21, 2017 – The Journal-News …Gooding asked planning commission member and Hillsboro School Superintendent David Powell about the impact shuttering the Coffeen plant would have on the local school district. Powell said it was a difficult question, given the intricacy of school funding (usually if a major hit occurs to a school district’s funding, the state absorbs some of the blow, but nothing is usual about school funding in Illinois at this time), but the assessed evaluation for the district now depends on the power plant for 31 percent of the total. Read the full story here.
May 5, 2017 – Utility Dive Capacity prices plummeted in MISO’s most recent capacity auction, falling to $1.50/MW-day. Last year capacity prices in six of MISO’s 10 zones hit $72/MW-day, including in Zone 4, which includes southern Illinois…. On Monday, Dynegy CEO Bob Flexon told a FERC technical conference that coal generation in Zone 4 would “vanish” if the nuclear subsidies continue. In a later interview with Crain’s, he said the company would make a decision in the coming months on whehter it will continue to have a presence in the region. Last year, Dynegy said it decided to close its plants after they “failed to […]