Category Archives: REC Contract Payment Deferral

POSTING: REC Contract Amendments for Payment Deferrals for DY2021-2022

On August 31, the Illinois Power Agency published REC Contract Amendments to implement payment deferrals for DY2021-2022, pursuant to the May 27, 2021 ICC Order. The REC contract amendments were developed in consultation with stakeholders and REC contract counterparties. Additional announcements will be forthcoming regarding next steps for amendment execution.

POSTING: Comments on Draft REC Contract Amendments

Pursuant to ICC Order dated May 27, 2021, REC contract amendments to implement payment deferrals for DY2021- 2022 are to be developed in consultation with stakeholders and REC contract counterparties. On July 30, 2021, the Illinois Power Agency published the request for stakeholder comments regarding the Draft REC Contract Amendments. Responses were due on August … Continue reading POSTING: Comments on Draft REC Contract Amendments

POSTING: Stakeholder Workshop Presentation and Recording Now Available

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 the available renewable portfolio standard (“RPS”) budget for the 2021-2022 delivery year (“DY2021-2022”) could face … Continue reading POSTING: Stakeholder Workshop Presentation and Recording Now Available

REMINDER: Stakeholder Workshop Related to REC Contract Payment Deferral Mechanism for DY 2021-2022 is Tomorrow, August 5

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 … Continue reading REMINDER: Stakeholder Workshop Related to REC Contract Payment Deferral Mechanism for DY 2021-2022 is Tomorrow, August 5

ANNOUNCEMENT: Request for Stakeholder Comments – Draft Payment Deferral Contract Amendments

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 … Continue reading ANNOUNCEMENT: Request for Stakeholder Comments – Draft Payment Deferral Contract Amendments

ANNOUNCEMENT: Stakeholder Workshop Related to REC Contract Payment Deferral Mechanism for DY 2021-2022

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 … Continue reading ANNOUNCEMENT: Stakeholder Workshop Related to REC Contract Payment Deferral Mechanism for DY 2021-2022