Category Archives: Carbon Mitigation Credits Section

CMC RFP – POSTING: Schedule, Draft RFP Documents, and Final Pre-Bid Letter of Credit

Public Act 102-0662 (the “Climate and Equitable Jobs Act”) was signed into law and became effective September 15, 2021. The legislation calls for the procurement of Carbon Mitigation Credits (“CMCs”) from Carbon-free Energy Resources in an amount of no more than approximately 54,500,000 CMCs annually for ComEd beginning with the delivery year commencing on June … Continue reading CMC RFP – POSTING: Schedule, Draft RFP Documents, and Final Pre-Bid Letter of Credit

ANNOUNCEMENT: Request for Comments – Draft Carbon Mitigation Credit Agreement

Public Act 102-0662 (the “Climate and Equitable Jobs Act”) was signed into law and became effective September 15, 2021. This legislation calls for the procurement of Carbon Mitigation Credits (“CMCs”) from Carbon-free Energy Resources to be delivered under a long-term contract for a delivery term of 5 years. A “Carbon-free Energy Resource” means a generating … Continue reading ANNOUNCEMENT: Request for Comments – Draft Carbon Mitigation Credit Agreement

ANNOUNCEMENT: Illinois Power Agency Files 2022 Electricity Procurement Plan and Carbon Mitigation Credit Procurement Plan with the Illinois Commerce Commission

On September 29, 2021 the Illinois Power Agency (“IPA”) filed two procurement plans for Illinois Commerce Commission Approval. These plans are the 2022 Electricity Procurement Plan (Docket No. 21-0717) and the Carbon Mitigation Credit Procurement Plan (Docket No. 21-0718). These plans are also available on the IPA’s website.

ANNOUNCEMENT: Illinois Power Agency Releases Draft Carbon Mitigation Credit Procurement Plan for Public Comment

The Illinois Power Agency (“IPA”) released its draft Carbon Mitigation Credit Procurement Plan for public comment on September 17, 2021. The Draft Carbon Mitigation Credit Procurement Plan is posted on the IPA’s website: https://www2.illinois.gov/sites/ipa/Pages/Plans-Under-Development.aspx Written comments on the Draft Carbon Mitigation Credit Procurement Plan are due on September 24, 2021. Please see the attached announcement … Continue reading ANNOUNCEMENT: Illinois Power Agency Releases Draft Carbon Mitigation Credit Procurement Plan for Public Comment