Officials and advocates will gather at the Illinois Commerce Commission offices in Chicago and Springfield today to debate the viability of energy resources and a plan to provide subsidies to struggling coal plants downstate.
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.
The U.S. EPA’s Clean Power Plan, if upheld by the courts, could force more coal plant retirements than initially expected in the nation’s midsection, according to the most recent modeling by the region’s grid operator.
Federal energy regulators ordered the grid operator for a large swath of the central United States to alter rules that govern its annual capacity auction in response to complaints over soaring prices in southern Illinois.
The Midcontinent Independent System Operator, its independent market monitor and Dyengy Inc. formally challenged allegations that the grid operator’s April capacity auction yielded excessive prices that will needlessly push up electricity bills for southern Illinois consumers.
“The region is generally well-positioned to be OK,” concludes a report from the Analysis Group, despite concerns raised by some states and utilities.
Southern Co. and three Missouri utilities say MISO is overcharging them by millions of dollars for electricity moved across Entergy’s Corp.’s transmission grid.
Illinois officials searching for answers about the spike in generation capacity prices in the southern half of the state went straight to the source during a legislative hearing Monday.
Wind provides a key source of reliable energy and helps stabilize the grid, contrary to fears about what happens when the “wind doesn’t blow,” a new AWEA report says.
The uncertain future of the Upper Peninsula’s largest coal-fired power plant have lit a new fire under a long-simmering debate about potentially uniting with the rest of Michigan into a single power distribution system.