Illinois - SB2250 - 2017

Provides for the establishment and implementation of an Illinois-specific process for securing electric generation resource adequacy and stable pricing for electric capacity within Midcontinent Independent System Operator, Inc., (MISO) Zone 4. Amends the Illinois Power Agency Act. Authorizes the Illinois Power Agency to develop capacity procurement plans and conduct competitive procurement processes for the procurement of capacity needed to meet the capacity requirements of the retail customers of electric utilities that serve less than 3,000,000 retail customers, but more than 500,000 retail customers in this State. Requires the Agency's Planning and Procurement Bureau to develop plans and processes and conduct competitive procurement processes for the procurement of capacity needed to meet the capacity requirements of the retail customers of electric utilities that serve less than 3,000,000 retail customers, but more than 500,000 retail customers in this State. Modifies the calculation of the projected capacity price for delivering energy under the Act. Amends the Public Utilities Act to make changes regarding capacity procurement and delivery of energy by the Illinois Power Agency and the Illinois Commerce Commission. Makes conforming changes. Defines terms. Provides legislative findings. Effective immediately.

View Latest Bill

Electricity Generation

Added On: 11-07-2017
Updated On: 11-08-2017
Status: Introduced
Primary Sponsor: James Clayborne (Democratic)





Actions (4)

  • 10-25-2017 - Added as Chief Co-Sponsor Sen. Sue Rezin
  • 10-25-2017 - Referred to Assignments
  • 10-25-2017 - First Reading
  • 10-25-2017 - Filed with Secretary by Sen. James F. Clayborne, Jr.

Sponsors (2)

News (1)

Dynegy Supports Legislation to Ensure Reliable and Competitively Priced Electricity in Downstate Illinois - Business Wire (press release)
Published by businesswire.com
Thu, 26 Oct 2017 22:00:35 GMT

SPRINGFIELD, Illinois--(BUSINESS WIRE)--A bipartisan group of legislators from the Illinois General Assembly introduced a proposal to ensure the long-term adequate supply of electricity for Illinois' downstate electricity market, which is the area ...