• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Electric Power Supply Association

  • Podcast
  • About EPSA
    • Our Policy Principles
    • EPSA Members
    • Our Staff
    • Careers
  • Contact
  • FAQ
EPSA

EPSA

  • Filings
    • Federal Energy Regulatory Commission
    • Federal
    • Judiciary
    • State
    • ISOs/RTOs
  • Newsroom
    • Press Releases
    • Media Contacts
    • Power Moves Newsletter
    • Factsheets and White Papers
    • Opinion and Commentary
    • Social Media
    • Podcast
  • Competitive Solutions
    • Reliable Power
    • Cost Savings
    • Environmental Progress
      • Competitive Emissions Policy Primers
    • Energy Innovation
    • In Your State
  • For Members
    • EPSA Membership
    • Committees
  • PowerFacts Blog
Home / Competitive Power Markets / In Your State / State Spotlight: How Competitive Power Generation Benefits All Illinois Residents

June 29, 2021

State Spotlight: How Competitive Power Generation Benefits All Illinois Residents

By EPSA

Download the full Illinois fact sheet here.

Competitive power suppliers provide efficient, reliable electricity at the least cost to Illinoisans. They do so by investing in, building, and maintaining operations at their own economic risk. Competitive power suppliers operate all resources and technologies, including natural gas, coal, wind, solar, hydropower, geothermal, nuclear, biomass, and battery storage. They must innovate in order to compete in the market, benefiting customers through efficient, affordable power.

By the Numbers

  • 14,291 MW: EPSA member companies own and operate 14,291 MW of power generation capacity in Illinois – nearly one-third of the state’s 44,250 MW of capacity.
  • 6,700 MW: EPSA members own and operate more than 6,700 MW of renewable generation capacity nationwide.
  • 1,450 MW: EPSA members have an additional 1,450 MW of natural gas capacity under development in Illinois.
  • 29%: Competitive markets have driven a 29% decline in Illinois carbon emissions since 2005 (see chart).
  • $3.2 – $4 billion – The 65 million Americans who live in the PJM Interconnection wholesale electricity market, including residents in northern Illinois, see an annual savings of $3.2 – $4 billion thanks to competitive markets and proper planning.

A Closer Look: Jackson Generation in Elwood, IL

J-POWER USA’s Jackson Generation combined-cycle plant is expected to come online 2022, generating between 1,000-1,200 MW of reliable electricity to power more than 1.2 million Illinois homes.

The plant will employ up to 500 craft union workers during construction and up to 35 full-time employees when fully operational.

In addition to emissions savings from reducing coal dependence, the plant will advance renewable resources by providing efficient and flexible support for intermittent wind and solar energy.

Jackson Generation in Elwood, Illinois. Credit: J-POWER USA

About EPSA:

EPSA is the Electric Power Supply Association, the national trade association representing a diverse group of competitive power suppliers.

Collectively our member companies own and operate about 150,000 megawatts (MW) of power generation capacity across the United States and parts of Canada. These companies operate all generation resources and technologies including natural gas, coal, wind, solar, hydropower, geothermal, nuclear, biomass and battery storage.

In all, EPSA member companies have enough power capacity to meet the needs of 117 million homes.

Customers win when companies compete, and our member companies’ presence in the competitive wholesale power market helps make energy affordable for millions of Americans across the country.

EPSA members are committed to building a cleaner future. Competitive power markets effectively facilitate emissions reductions by prioritizing efficiency and least cost solutions to meet power demand. Since 2005, the PJM Interconnection market has seen a 39% drop in CO2 emissions thanks to renewable resources and more efficient and advanced technologies.

  • EPSA member companies own and operate more than 6,700 MW of power capacity from renewable resources, in addition to cost-competitive zero-emitting nuclear plants.
  • EPSA member companies have more than 6,700 MW of battery storage capacity on the grid or in development – including the largest battery projects in the U.S.

Innovation is what drives our member companies. It’s helping reduce emissions from power generation in Illinois and nationwide.

EPSA Member Companies Include:

To learn more about EPSA, visit EPSA.org and connect with us on LinkedIn and Twitter @EPSAnews.

Filed Under: In Your State Tagged With: affordable, Competition, electricity markets, Illinois, In Your State, Power of Competition, reliable, States

Primary Sidebar

  • Media Contacts
  • Press Releases
  • Power Moves Newsletter
  • Factsheets and White Papers
  • Opinion and Commentary
  • Social Media
  • Podcast

Share

Home Page Help Area

Sign up for EPSA’s Power Moves newsletter – a monthly update on the road to a cleaner, affordable and reliable energy future that works for all Americans.

LEARN MORE

Footer

1401 New York Ave. NW
Suite 950
Washington, DC 20005

p 202.628.8200
f 202.628.8260

  • Facebook
  • LinkedIn
  • Twitter
  • Home
  • About EPSA
  • Filings
  • Newsroom
  • For Members
  • Contact
  • PowerFacts Blog
  • FAQ

Copyright © 2023 | Electric Power Supply Association. All rights reserved. | Privacy Policy >