Sweeping “minimum offer” rule will likely cut into the competitive edge for renewables as a hedge against fossil fuels.
Nuclear and coal subsidies mean state consumers will likely pay more than $1 billion per year more, an analysis shows.
Industry groups argue that even batteries that don’t meet the 10-hour threshold still provide the same reliability benefits as fossil fuel power plants.
Critics want a state energy agency to take over capacity procurement for the regional grid operator.
A day after Exelon Corp. CEO Chris Crane had a White House meeting with President Trump, a pair of Illinois Republicans are seeking their own sit-down with the utility executive to discuss what has become a familiar subject in the Land of Lincoln — struggling nuclear plants.