HOUSTON--(BUSINESS WIRE)--In addition to megawatts (MW) that were bid to meet existing obligations, Dynegy (NYSE:DYN) bid 2,197 MW into the MISO capacity auction for the 2016/17 planning year, with 870 MW coming from its IPH segment. These megawatts were bid at Dynegy’s cost, as approved by MISO’s independent market monitor. The auction cleared at $72 per megawatt-day. None of Dynegy’s uncommitted megawatts cleared the auction.
We are committed to leadership in the electricity sector. With nearly 26,000 megawatts of power generation capacity and two retail electricity companies, Dynegy is capable of supplying 20 million homes with safe, reliable and economic energy. Homefield Energy and Dynegy Energy Services are retail electricity providers serving businesses and residents in Illinois, Ohio, and Pennsylvania.