Slide 1: Vistra Energy and Illinois
Vistra Energy and Illinois Briefing for Governor-elect J.B. Pritzker Fall 2018
Slide 2: Creating the Leading Integrated Power Company
Creating the Leading Integrated Power Company 2
Slide 3: Creating the Leading Integrated Power Company
Creating the Leading Integrated Power Company 3
Slide 4: By the Numbers: Vistra in Illinois
By the Numbers: Vistra in Illinois 8,300 MW $39 MILLION of reliable, affordable and in state tax revenue locally generated energy • More than $22 million in • Second largest in Illinois property taxes to plant • Enough to power 4.2 communities and local million homes school districts 1,000 DIRECT JO
Slide 5: Our Fleet Has Longstanding Roots, But We’re New Here
Our Fleet Has Longstanding Roots, But We’re New Here • Acquired Dynegy in April 2018 and immediately began evaluating the fleet for economic viability and to resolve legacy coal ash issues. • We cannot indefinitely run plants at a financial loss and need regulatory and market certainty. • We may be
Slide 6: MPS Rule Needs to be Resolved Soon & Favorably
MPS Rule Needs to be Resolved Soon & Favorably • The legacy Multi-Pollutant Standard (MPS) rule was crafted before plants shared common ownership and requires inefficient management of the fleet, worsening the impact of the flawed MISO market environment. – Proposed changes to the rule have been pen
Slide 7: At Risk: Downstate Jobs, Reliably Produced Energy & Tax Revenue
At Risk: Downstate Jobs, Reliably Produced Energy & Tax Revenue • Issues unique to Illinois are putting most of our central and downstate fleet at risk of premature retirements and closure. • If steps are not taken soon, Illinois will lose generation assets that otherwise would produce reliable, eff
Slide 8: At Risk: Downstate Jobs, Reliably Produced Energy & Tax Revenue
At Risk: Downstate Jobs, Reliably Produced Energy & Tax Revenue • Vistra believes Illinois must act to resolve longstanding issues in its MISO Zone 4 downstate power market before a crisis hits: – In less than 20 months, nearly 20 percent of downstate power generation capacity was shut down. – Due t
Slide 9: Vistra Energy – Working towards the Future in Illinois
Vistra Energy – Working towards the Future in Illinois • Vistra can build upon its success in Illinois by efficiently stabilizing the existing fleet and transitioning forward. A fleet that provides affordable, reliable, and environmentally compliant energy. • Utility Scale Solar – Vistra has investe