#Dynegy Introduces bill to move #Illinois into PJM RSS Feed

Dynegy Introduces bill to move Illinois into PJM

Independent power producer Dynegy said last week it intends to propose legislation with the Illinois General Assembly to move the entire state into power grid operator PJM, Kallanish Energy learns.

If passed, the Illinois Electric Generation Reliability Act would move the Commonwealth Edison and Ameren service areas in central and southern Illinois from MISO (Midwest Independent System Operator) into PJM.

Commonwealth Edison, which serves customers in the Chicago area, already is part of PJM.

Dynegy said the bill would “provide economic benefits to consumers and help Illinois preserve vital, high-paying power generation jobs.”

The company said cost-effective plants in MISO-controlled Southern Illinois “sit idle, or shut down, as they don’t receive any compensation to cover operating costs from MISO.”

“Illinois legislators have a great opportunity to take control of an issue that is debilitating communities across the state, while at the same time bring lower power prices to consumers through a more efficient market design that can exist throughout the state,” Dynegy CEO Robert Flexon said, RTO Insider reported.
Read full article at Kallanish Energy