Illinois Power Agency News
MISO's Supply Constraints Driving Higher Power Prices
Last week, the federal organization responsible for managing the electric grid announced the results of a power capacity auction that will increase capacity prices and may leave parts of Illinois short of the power needed to meet customer demand during extreme temperatures this summer. The Midcontinent Independent System Operator (MISO) said that renewable generation – solar and wind – has not kept pace with the generation capacity lost as fossil fuel plants have retired, leaving...