Oct. 12, 2016
Randolph County Tribune
…“In terms of protecting resource adequacy, we have proposed moving Illinois to one capacity market or to have the Illinois Commerce Commission have a greater role in long-term contracts,” Onufer said.
Capacity revenue is one of two primary ways power plant owners make money, as they are compensated for ensuring their plants are available during times of peak demand.
In deregulated states like Illinois, electricity retailers secure capacity through contracts or auctions.
“Because of the result of the auction, that allows (Unit 1) to remain open,” Onufer said…