Dynegy
Dynegy (NYSE:DYN) announced legislation that would move Central and Southern Illinois from MISO into PJM.
MISO is considering changes to its proposed forward capacity auction for Zone 4 in the face of opposition from its Market Monitor.
Dynegy said it will idle as much as 30% of the capacity in Illinois because their units can’t recover their costs from the MISO energy and capacity markets.
The annual MISO capacity auction again produced disparate, roller coaster results, with prices in 3 zones quintupling versus last year and Zone 4 dropping.
Dynegy and Energy Capital Partners are buying 8.7 GW of generation in PJM, ISO-NE and — in a first for Dynegy — ERCOT.
Independent power producers and EPSA jointly filed complaints with FERC against power purchase agreements FirstEnergy and AEP have proposed to Ohio.
Dynegy has entered the Ohio power purchase agreement fray, floating an offer to PUCO that it said would save consumers in the state $5 billion.
FERC has ordered MISO to change the way it conducts capacity auctions beginning with the 2016/17 auction in April.
FERC denied rehearing of its June decision certifying the ninth Forward Capacity Auction results in ISO-NE.
PJM said it will weigh in on the controversial power purchase agreements AEP and FirstEnergy negotiated with PUCO staff.
Want more? Advanced Search