Dynegy CEO Robert Flexon defended his company’s bidding strategy in MISO’s April capacity auction and said the controversy over the results signals the need for a regulatory change in Illinois.

A consumer group has asked the FERC to launch an emergency investigation as to whether Dynegy illegally manipulated MISO’s Planning Resource Auction last April, resulting in a nine-fold price increase in Zone 4.

MISO told Illinois officials that the nine-fold price increase the state experienced in this month’s capacity auction was the result of market dynamics.

The union representing workers at the Brayton Point plant say the plant’s pending closure caused massive price spikes in recent ISO-NE capacity auctions.

FERC approved the purchase of 12,500 MW of generation from Duke Energy and Energy Capital Partners by Dynegy, the final approval needed for both deals.

News briefs on companies doing business with RTOs. This week we include Ameren, NextEra, Xcel, Calpine, Exelon, PPL, NRG, PSEG, Dynegy and AEP.

Dynegy has reached a settlement with PJM’s Market Monitor to alleviate market power concerns over its purchase of 12,400 MW of generation from Duke and ECP.

News briefs on the federal agencies that impact those doing business in the RTO footprints. This week we include the NRC and the Department of the Interior.

News briefs on companies doing business with RTOs. This week we include Exelon, Dynegy, PPL, PSE&G and NRG.

MISO and three power suppliers have asked FERC to deny Duke’s request for a waiver from MISO’s must-offer requirement.