April 11, 2017 Read More →

Dynegy’s Ohio Coal-Plant Bailout Falters

SNL:

Legislative efforts to preserve Illinois’ aging coal fleet have stalled as the state rushes to pass a new budget, leaving competitive generator Dynegy seeking other market solutions to keep its plants running.

During a House Energy Committee hearing last year, Republican Reps. C.D. Davidsmeyer and Peter Breen pressed for continued dialogue about down-state coal plants, which supply about 40% of the state’s power generation. But a legislative fix seems unlikely before the spring term ends on May 31.

Environmental, faith groups and businesses under the Clean Energy Jobs Coalition refused to back the bill until the coal plant fix was removed.

($) Legislative effort to save Dynegy’s Ill. coal plants stalls

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