Dynegy

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Illinois deal with Vistra will close 2GW of coal capacity in the state by year’s end

Chicago Tribune: As President Donald Trump attempts to prop up the nation’s dwindling coal industry, Illinois is taking another step away from its dirtiest source of electricity. Under a deal brokered by Gov. J.B. Pritzker’s administration, the Texas-based owner of eight coal-fired power plants in central and southern Illinois agreed last week to shutter 40% […]

June 25, 2019 Read More →

Transition or bailout? Debate swirls over plan for struggling Illinois coal plants

St. Louis Post-Dispatch: The owner of economically challenged coal-fired power plants in Southern Illinois is supporting legislation that, if passed, would help transform those sites into facilities for utility-scale solar and energy storage projects. The Texas-based company, Vistra Energy, acquired the region’s fleet of coal plants when it completed its purchase of Dynegy Inc. last […]

April 15, 2019 Read More →

In Illinois, a Scheme to Prop Up Dynegy’s Uncompetitive Coal Plants

Midwest Energy News: Stakeholders say an Illinois proposal to create a new state-run capacity market to reward baseload generators is a money grab by companies and unnecessary to maintain adequate generation and grid reliability. The push is driven by Dynegy, which said it needs higher capacity payments in order to keep its financially struggling coal […]

March 13, 2018 Read More →

U.S. Coal Exec: ‘I Think We’ve Reached Our Peak’

SNL: Speaking at the Orlando, Fla., conference at the Disney Yacht Club, Dynegy’s vice president of fuel supply, Robert Hardman, noted the utility will burn nearly 30 million tons of coal in 2017, though that is expected to decline over the next several years. “I think we’ve reached our peak,” Hardman said. “We’ve probably burned […]

May 9, 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 […]

April 11, 2017 Read More →