September 28, 2024

Illinois

Exelon to Close Ill. Nukes as Gov. Touts Clean Energy Plan
Exelon (NASDAQ: EXC) will close 2 Illinois nuclear plants that face hundreds of millions of dollars of revenue shortfalls.
ComEd, Madigan Sued for $450M in Racketeering Suit
Illinois electric customers filed a federal civil racketeering lawsuit against ComEd and House Speaker Michael Madigan, seeking $450M in damages.
ComEd on Hot Seat at ICC Hearing
The Illinois Commerce Commission questioned ComEd officials over the company’s agreement to pay a $200 million fine to settle bribery allegations.
How ComEd Got its Way with Ill. Legislature
ComEd admitted it bribed Ill. House Speaker Michael Madigan in return for legislative support, what one involved called an "old time patronage system."
ComEd to Pay $200 Million in Bribery Scheme
Exelon’s ComEd agreed to pay a $200 million fine to settle allegations it bribed Illinois House Speaker Michael Madigan in return for legislation favor.
Report: Imports Key to Successful FRR
Analyses that predict increased costs for regions that exit PJM’s capacity market should be redone to presume maximizing imports to counter local market power.
Clock Ticking on Exelon Illinois Nukes Under MOPR
Exelon said its Illinois nuclear plants are “up against a clock,” with the legislature unable to meet to consider withdrawing from PJM’s capacity market.
PJM Monitor Defends FRR Analyses in MOPR Debate
PJM’s Monitor defended a conclusion that ratepayers are likely to see cost increases in jurisdictions that exit the capacity market and adopt the FRR option.
‘NextGrid’ Goes off the Rails
The Illinois Commerce Commission’s “NextGrid: Illinois’ Utility of the Future” study, which began with grand hopes years ago, ended with barely a whimper.
Exelon Challenges PJM Monitor’s ComEd FRR Analysis
Exelon said a report from PJM's Monitor uses assumptions to cast a negative light on the FRR alternative members may pursue in the face of an expanded MOPR.

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