Dynegy Inc. said that it has executed agreements with, "the PJM System Operator (PJM) and the Midwest Independent System Operator (MISO)," [sic] to move the vast majority of Dynegy’s Hennepin Power Station’s energy and capacity to the PJM market from MISO.

"The five-year transmission service agreements - which require no upfront investment, only modest annual fees associated with transporting power into PJM - may be extended indefinitely at Dynegy’s request and are a result of three years of effort to procure transmission service out of MISO," Dynegy said

Per the agreement, 260 megawatts (MW) of Hennepin’s 290 MW capacity will be available for sale into PJM effective June 1, 2017.

Dynegy said that, "The pathway to PJM is consistent with Dynegy’s overall objective of moving all of the Company’s Illinois generating assets from MISO to PJM."

Last month, Dynegy proposed legislation to move all of Illinois into PJM.

"Dynegy will continue to explore similar paths for its remaining plants in MISO while we wait for a ruling on our proposed legislation," Dynegy said

Tags:
Dynegy   Illinois   Capacity Market   PJM   MISO  

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