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(Crain's) — Midwest Generation LLC, the owner of six financially ailing coal-fired power plants in Northern Illinois, didn't get the price boost it was looking for from a key regionwide electricity auction held Friday, raising the likelihood of more local plant closures and bankruptcy.
(Crain's) — But none of the major Chicago-area suburbs that have struck similar deals with energy suppliers to lower electric bills have skimmed any of the savings for additional revenue.
(Crain's) — By January, the utility's rates will be about 9 percent higher than they are today.
(Reuters) — The operator of the largest U.S. number of nuclear power plants reported lower quarterly earnings, hurt by mild weather.
(Crain's) — Integrys Energy Services has won the biggest prize so far in the suburban residential electricity market.
(Crain's) — Chicago's decision to explore ditching ComEd means a lot of uncertainty in the market for electricity.
(Crain's) — Commonwealth Edison Co. will install its nearly 4 million smart meters throughout northern Illinois over the next decade, starting with 19 suburbs this year.
The state can take advantage of the extensive work by the nation's oil and natural gas industry over the past 60 years to ensure that hydraulic fracturing is done right
Illinois has no fracking laws or permitting process, leaving the state dangerously poised to repeat the hard lessons of Pennsylvania regarding the industrialization of rural areas and damage to essential water resources.
(Crain's) — The former state rep has some explaining to do as he spins his former House colleagues on the utility's top priority: smothering construction of a downstate coal-fired power plant.
(Crain's) — Marlow Colvin will be the company's lead point person in Springfield.
(Crain's) — Now that the utility owns Constellation Energy, compensation documents blur the line on who's the top boss, Mayo Shattuck or Christopher Crane.
(Crain's) — The utility aims to dodge a repeat of last year's mass, multiday power outages that followed summer storms.
(Crain's) — The state, which has sat on the sidelines as new technologies using high-pressure fracturing techniques to extract natural gas have launched energy booms in long-dormant states, could see a boomlet of its own.
(Crain's) — A unit of DPL has won the right to supply electricity to about 219,000 North Shore households in the biggest suburban power deal since voters chose to allow their local governments to find cheaper alternatives to ComEd.
(AP) — Wallboard maker USG Corp. said Monday that it named Matthew Hilzinger as its executive vice president and chief financial officer.
(Crain's) — About one-third of the electricity Commonwealth Edison Co. sells is expected to migrate to competing suppliers following the results of voter referendums across Chicagoland.
10:30 p.m. update (Crain's) — The suburban votes mean a potential bonanza for power suppliers trolling for residential customers and a planning headache for utilities and the agency that buys electricity on behalf of customers.
(Crain's) — Gov. Pat Quinn appointed an energy and environmental specialist to the Illinois Commerce Commission.
(AP) — The merger creates one of the largest competitive power suppliers in the United States.
A surprise burlesque performance capped the afterparty for the opening of the Lichtenstein retrospective at the Art Institute.
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Crain's is now accepting nominations for its popular annual 40 Under 40 feature. Deadline for reader nominations is Friday, June 1. Enter your nominees at chicagobusiness.com/40noms
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