Exelon, which owns the northern Illinois utility Commonwealth Edison, has announced its acquisition of Illinois Power, a downstate utility that is currently owned by Dynegy. There are lots of interesting potential aspects of this acquisition. First is Exelon’s pressure on the Illinois Commerce Commission to follow an accelerated process of approving the rate increase that will enable the acquisition. Second is the effect that this acquisition will have on whether or not these two large utilities go with Midwest ISO or with PJM as their regional transmission organization (RTO).
I may have more to say on this …