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Indexed REC-5: How does a Project located in a state adjacent to Illinois become pre-approved by the IPA to be eligible for Illinois RPS compliance?

A Project located in a state adjacent to Illinois must complete and submit an eligibility request spreadsheet to the Illinois Power Agency (“IPA”) and the IPA will determine whether the Project meets the public interest criteria in the Act and has been pre-approved to be eligible for Illinois RPS compliance. The evaluation spreadsheet is available … Continue reading How does a Project located in a state adjacent to Illinois become pre-approved by the IPA to be eligible for Illinois RPS compliance?

Indexed REC-4: Is the Spring 2022 Indexed REC RFP for delivery and payment of renewable energy credits (“RECs”) only or is it for energy and RECs from a Project?

The Spring 2022 Indexed REC RFP will seek to procure Indexed renewable energy credits (“Indexed RECs”) only. An Indexed REC means a tradable credit that represents the environmental attributes of one megawatt hour of energy produced from a renewable energy resource, the price of which shall be calculated by subtracting the strike price offered by … Continue reading Is the Spring 2022 Indexed REC RFP for delivery and payment of renewable energy credits (“RECs”) only or is it for energy and RECs from a Project?

Indexed REC-2: I have registered for an account for the Spring 2022 Indexed REC RFP. When will I receive my account information?

Individuals that register for an account for the Spring 2022 Indexed REC RFP will receive an email prior to the opening of the Part 1 Window with account activation instructions. The Procurement Administrator will also send instructions for accessing and completing the online qualification forms at that time. The Part 1 Window for the Spring … Continue reading I have registered for an account for the Spring 2022 Indexed REC RFP. When will I receive my account information?

CMC-3: Is a Bidder required to pay the Bid Participation Fee for the Fall 2021 Carbon Mitigation Credits RFP (“CMC RFP”)?

A Bidder that has not paid a Bid Participation Fee pursuant to its participation in a prior 2021 procurement event is required to pay a non-refundable Bid Participation Fee of $500 with the submission of their Proposal for the Fall 2021 CMC RFP. Such Bidder must pay the Bid Participation Fee to the IPA as … Continue reading Is a Bidder required to pay the Bid Participation Fee for the Fall 2021 Carbon Mitigation Credits RFP (“CMC RFP”)?

CMC-2: When is the eligibility information (i.e., information on the Bidder Eligibility Form (Appendix B to the Carbon Mitigation Credit Procurement Plan (“Plan”)) and the detailed narrative accompanying the Form) due to the Illinois Power Agency (“IPA”)?

As stated in the Carbon Mitigation Credit Procurement Plan filed for Illinois Commerce Commission (“Commission”) approval, “completed unit information submissions are required to be submitted to the Illinois Power Agency within five days of the Commission’s approval of the Plan”. The IPA will review the Eligibility Information received and, within two business days, notify applicants … Continue reading When is the eligibility information (i.e., information on the Bidder Eligibility Form (Appendix B to the Carbon Mitigation Credit Procurement Plan (“Plan”)) and the detailed narrative accompanying the Form) due to the Illinois Power Agency (“IPA”)?

CMC-1: What is the process for submitting comments on the draft CMC Contract?

Comments on the draft CMC Contract must be submitted by email to the Procurement Administrator at Illinois-RFP@nera.com. Comments must be clearly indicated with tracked changes in Microsoft Word. We strongly encourage you to provide explanatory notes either in a separate document or highlighted in tracked changes. Please provide telephone and email contact information with your … Continue reading What is the process for submitting comments on the draft CMC Contract?

BEC-20: Is participation in the BEC RFP restricted to generation sources?

Under the supplier contract, there is no generation source specified for purposes of meeting the obligations. A Product in the procurement of Block Energy is a constant quantity of energy to be supplied to a Company at the delivery point specified by that Company in either the On-peak Segment or the Off-Peak Segment of a … Continue reading Is participation in the BEC RFP restricted to generation sources?

BEC-19: Where can I find the final Targets for the procurement events under the Fall 2021 Block Energy and Capacity RFP?

Final Targets for the procurement events under the Fall 2021 Block Energy and Capacity RFP were included in the Fall 2021 Block Energy and Capacity RFP Rules posted to the RFP website on July 21, 2021. The final Targets can be found in Tables I-1, I-2, I-3, I-4, and I-5. Bidders successfully completing the Part … Continue reading Where can I find the final Targets for the procurement events under the Fall 2021 Block Energy and Capacity RFP?