December 11, 2024

Dynegy, Illinois Power file legal challenge in ongoing MISO market manipulation dispute

The petition comes after FERC’s most recent review of Dynegy’s market activity is said to turn up evidence of misconduct.

Abuse of Power Allegation: Dynegy Marketing and Trade LLC (Dynegy) and Illinois Power Marketing Company (IPM) on Oct. 4 filed a petition with the U.S. Court of Appeals for the Fifth Circuit, contesting a court-ordered review by FERC that found evidence of market manipulation by Dynegy in the Midcontinent Independent System Operator, Inc.’s (MISO) 2015/16 capacity auction. Dynegy and IPM ...

Details:

Filing Date: October 7, 2024

Docket Numbers:

EL15-70

Short Summary:

Dynegy Marketing and Trade LLC (Dynegy) and Illinois Power Marketing Company (IPM) on Oct. 4 filed a petition with the U.S. Court of Appeals for the Fifth Circuit challenging a court-ordered review by FERC, which found evidence of market manipulation by Dynegy in the Midcontinent Independent System Operator, Inc.’s (MISO) 2015/16 capacity auction.

Impact Level:

Categories:

Legal Challenges & Disputes

Tags: Capacity Market, Legal Challenge, Market Misconduct

Entities: Dynegy Inc., Vistra Corp.

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Regions:

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Documents:

Petition for Review