Illinois House Speaker suggests changes to power industry
Madigan has filed a legislative resolution asking the Illinois Power Agency to determine whether to reverse part of a 1997 law and allow electric companies to run their own power-generating plants.
Under the law, Ameren Illinois and Commonwealth Edison stopped generating electricity and became power-delivery companies only. The power plants became separate, unregulated entities.
Ameren Illinois spokesman Leigh Morris said the utility has long believed the state should consider reintegration of power delivery and power generation.
However, Exelon Corp. spokeswoman Kathleen Cantillon said Exelon expects any study to determine competitive markets are the best value for Illinois consumers.
Related News
More red ink at Manitoba Hydro as need for new power generation looms
WINNIPEG - Manitoba's NDP administration has declared its intention to formulate a strategy for financing new energy ventures, following a decision to halt the development of additional private-sector wind farms. This plan will accompany efforts to stabilize hydroelectric rates and manage the financial obligations of the province's state-operated energy company.
Finance Minister Adrien Sala, overseeing Manitoba Hydro, shared these insights during a legislative committee meeting on Thursday, emphasizing the government's desire for future energy expansions to remain under public ownership and expressing trust in Manitoba Hydro's governance to realize these goals.
This announcement was concurrent with Manitoba Hydro unveiling increased financial losses…
