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.