On September 28, 2022, the IPA filed its 2023 Electricity Procurement Plan (“2023 Plan”) for Illinois Commerce Commission (“ICC”) approval in accordance with the Illinois Power Agency Act (20 ILCS 3855) and the Illinois Public Utilities Act (220 ILCS 5). The 2023 Plan proposes an Early 2023 procurement of capacity for AIC for the period June 1, 2023 through May 31, 2024. The Early 2023 procurement event would be the replacement event for the cancelled Fall 2022 capacity procurement event, which was scheduled under the Fall 2022 Block Energy and Capacity RFP. The capacity product to be procured in the Early 2023 procurement event will be seasonal ZRCs in order to comply with the recently approved changes to the MISO capacity market construct. This procurement event is held under the “Early 2023 Capacity RFP”.
At this time, the 2023 Plan and whether and when to conduct the Early 2023 procurement event is subject to ICC approval, which is expected in mid-December. An announcement confirming if the procurement event will be held will be sent once an Order regarding the 2023 Plan has been issued by the ICC.
Deadlines and dates of main events are provided on the Calendar Page. The schedule is subject to revision.
You may register to receive announcements for this procurement event held under the Capacity RFP, through the Register Page and selecting the “Capacity” option.
RSVP for the Early 2023 Capacity Webcast here!
Click here to view Capacity FAQs.