Archives

BEC-24: Where can I find the expected fuel mix release from the 2023 RFPs for Block Energy Products for AIC, ComEd, and MEC?

In accordance with the Act and ICC Orders, the following information is made public at the time of ICC approval of a procurement event for Energy Products for a Company: (i) the names of successful Bidders; (ii) the load-weighted average of the winning Bids for each Segment of each month; (iii) the load-weighted average of … Continue reading Where can I find the expected fuel mix release from the 2023 RFPs for Block Energy Products for AIC, ComEd, and MEC?

BEC-23: How were the Final Block Energy Targets determined for the Spring 2024 Block Energy Procurement events?

The Final Block Energy Targets for the Spring 2024 Block Energy procurement events are based on the updated March 15, 2024 base case load forecasts developed by AIC, ComEd, and MEC, in accordance with the cumulative hedging levels stated in Section 7.1.1 of the 2024 Electricity Procurement Plan, and as ultimately approved by the ICC. … Continue reading How were the Final Block Energy Targets determined for the Spring 2024 Block Energy Procurement events?

BEC-22: How do the utilities meet their load and capacity requirements?

Each year the IPA submits its Electricity Procurement Plan (“Plan”) to the Illinois Commerce Commission (“ICC”) in compliance with Public Act 95-0481 (the “Act”), which includes the Illinois Power Agency Act (“IPA Act”). On September 25, 2023, the IPA filed its 2024 Electricity Procurement Plan (“2024 Plan”) to the ICC. The ICC issued a Final … Continue reading How do the utilities meet their load and capacity requirements?

Indexed REC-4: Where can I find more information on Appendix B. RPS Budget and REC Portfolio Spreadsheet from the 2024 Long-Term Renewable Resources Plan?

Information regarding Appendix B. RPS Budget and REC Portfolio Spreadsheet is provided in Chapter 3 of the 2024 Long-Term Renewable Resources Plan available on the Illinois Power Agency’s (“IPA”) website. Also, in April 2023, the IPA posted information on inputs in the spreadsheet along with their Renewable Portfolio Standard Budget Update. Please note that an … Continue reading Where can I find more information on Appendix B. RPS Budget and REC Portfolio Spreadsheet from the 2024 Long-Term Renewable Resources Plan?

Indexed REC-1: Where can I find the most recent Appendix B: RPS Budget and REC Portfolio Spreadsheet from the IPA?

The IPA filed its 2024 Long-Term Renewable Resources Procurement Plan (“2024 Long-Term Plan”) with the Illinois Commerce Commission (“ICC”) on October 20, 2023 and included in that filing an updated version of Appendix B: RPS Budget and REC Portfolio Spreadsheet. The filed version of the 2024 Long-Term Plan is posted to the IPA website. For … Continue reading Where can I find the most recent Appendix B: RPS Budget and REC Portfolio Spreadsheet from the IPA?

Indexed REC-58: Where can I find more information about participating in an upcoming Indexed REC RFP? Is the Indexed REC Contract for both energy and RECs?

The IPA filed its 2024 Long-Term Renewable Resources Procurement Plan (“2024 Long-Term Plan”) with the Illinois Commerce Commission (“ICC”) on October 20, 2023 related to procurement activities, including future Indexed REC RFPs, for 2024 and 2025. The 2024 Long-Term Plan remains subject to approval by the ICC. Please see Section 5.6 of the 2024 Long-Term … Continue reading Where can I find more information about participating in an upcoming Indexed REC RFP? Is the Indexed REC Contract for both energy and RECs?

Indexed REC-57: What is the approximate duration of the Indexed REC procurement event?

Historically, an Indexed REC procurement event has taken place over an approximately 4-month timeframe, commencing with a comment process on a draft version of the Indexed REC Contract and preliminary proposal requirements and concluding with contract execution. The qualification process consists of two parts, the Part 1 and Part 2 Proposal, and has typically spanned … Continue reading What is the approximate duration of the Indexed REC procurement event?

BEC-2: When will the schedule for the Spring 2024 Block Energy and Capacity RFP be available?

On September 25, 2023, the IPA filed its 2024 Electricity Procurement Plan (“2024 Plan”) to the Illinois Commerce Commission (“ICC”). The ICC issued its Order with regards to the Plan on December 14, 2023. The Plan approved by the ICC provides for an energy procurement event and a capacity procurement event for Spring 2024. The … Continue reading When will the schedule for the Spring 2024 Block Energy and Capacity RFP be available?

Indexed REC-52: When will the next Indexed REC RFP be held and what are the expected REC quantities to be procured?

The 2022 Long-Term Plan covers the IPA’s renewable energy resources procurement activities for 2022 and 2023. The IPA filed its 2024 Long-Term Renewable Resources Procurement Plan (“2024 Long-Term Plan”) with the Illinois Commerce Commission (“ICC”) on October 20, 2023 related to procurement activities, including future Indexed REC RFPs, for 2024 and 2025. The 2024 Long-Term … Continue reading When will the next Indexed REC RFP be held and what are the expected REC quantities to be procured?