On March 3, 2021, the Illinois Power Agency (“Agency”) filed a petition with the Illinois Commerce Commission (”ICC”) for the reopening of Docket No. 19-0995, the proceeding related to the Revised Long-Term Renewable Resources Procurement Plan. This filing demonstrated that due to the widespread project energization delays that resulted from the COVID-19 pandemic, the available renewable portfolio standard (“RPS”) budget for the 2021-2022 delivery year (“DY2021-2022”) could face a funding shortfall. The filing was approved by the Illinois Commerce Commission with modifications on May 27, 2021. On July 30, 2021, the Agency posted proposed Payment Deferral Contract Amendments to implement a payment deferral mechanism to address the funding shortfall: Click Here.
The Agency has announced a stakeholder workshop to be held on August 5, 2021 from 9:30AM-12PM Central Time to discuss a payment deferral mechanism and proposed contract amendments.
Date: August 5, 2021, from 9:30AM-12PM Central Time
Dial-in: +1 267 831 0333
Webinar ID: 913 3285 8773