Public Act 102-0662 (the “Climate and Equitable Jobs Act”) was signed into law and became effective on September 15, 2021. The IPA Act, as amended by Public Act 102-0662, establishes a subsequent forward procurement for indexed renewable energy credits from new utility-scale wind projects, new utility-scale solar projects, and new brownfield site photovoltaic projects. The Illinois Power Agency (“IPA”) will be conducting a competitive procurement event (the “Indexed REC RFP”) in Spring 2022 for the procurement of indexed renewable energy credits.
On December 6, 2021, the Procurement Administrator posted to the procurement website a document containing preliminary proposal requirements and draft key contract terms. The Procurement Administrator invites interested parties to submit their comments on any aspect of the preliminary proposal requirements and draft key contract terms. The Procurement Administrator also seeks stakeholder feedback on specific topics. To submit comments on the preliminary proposal requirements and draft key contract terms, please see the Invitation to Comment posted here.
The deadline to provide comments is Friday, December 17, 2021.