Nearly a decade on, the saga over Dynegy’s manipulation of MISO’s capacity market continues, with FERC denying the company’s asks for procedural changes that might have softened repercussions in the case.

Nearly a decade after the MISO capacity auction in which Dynegy was found to have manipulated clearing prices, FERC has directed hearing and settlement procedures in the case.

The D.C. Circuit Court of Appeals agreed with Public Citizen that FERC hasn't explained why it continues to uphold the expensive Southern Illinois capacity price produced in MISO’s 2015/16 capacity auction.

FERC capped a three-year-old investigation into MISO’s 2015/16 Planning Resource Auction by finding no market manipulation on Dynegy’s part.

MISO’s Zone 4 either has sufficient reserves or is in dire straits, depending on the viewpoint expressed at an Illinois Commerce Commission workshop.

Dynegy’s most recent bid to develop a specialized capacity market for downstate Illinois has failed to gain traction in the state’s legislature.

After criticizing Ameren Illinois for miscalculating its summer peak load forecast, Dynegy called on MISO to develop a new process for verifying forecasts.

The MISO forward capacity auction proposal and the broader issue of resource adequacy were the “hot topic” at last week’s Advisory Committee discussion.

Dynegy said it will idle as much as 30% of the capacity in Illinois because their units can’t recover their costs from the MISO energy and capacity markets.

MISO continues to move forward with modifications to its capacity market even as some stakeholders question the need for the proposed auction changes.