June 4, 2016
Just five days before power generator Dynegy Inc. closed down its Metro East coal-fired power plant, the company proposed legislation it claims may have helped avoid the loss of nearly 90 jobs here.
The Illinois Generation Reliability Act has the support of the Houston-based Dynegy, at least one state Senate Democrat and two representatives from the International Brotherhood of Electrical Workers. But other groups are either still reviewing the legislation or remain skeptical.
The legislation would essentially create a single-power wholesale energy market in Illinois, which is currently split into two separate markets. Northern Illinois participates in one energy market, the PJM market, and southern Illinois participates in another, the Midcontinent Independent System Operator (MISO) market.