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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?

Indexed REC-20: Where can I find the results from previous Indexed REC Procurements?

The results from previous procurement events can be found on the procurement website. If you click on the “Previous RFPs” link on the left-hand side of the home page, you can find a list of previous procurements. The results are posted on each procurement’s archived page. The results from the Summer 2023 Indexed REC RFP … Continue reading Where can I find the results from previous Indexed REC Procurements?

Indexed REC-19: Is the Average Winning Bid Price ($/MWh) provided in the Indexed REC RFP Results a weighted average?

The Average Winning Bid Price of $69.83/MWh, provided in the Indexed REC RFP Results for Summer 2023, is an average of the winning strike price for the winning utility-scale solar and brownfield site photovoltaic projects weighted by the annual quantity of RECs awarded for each project. Please note, there were no winning utility-scale wind projects … Continue reading Is the Average Winning Bid Price ($/MWh) provided in the Indexed REC RFP Results a weighted average?

Indexed REC-18: What information will be publicly disclosed for winning applications?

Under the Illinois Public Utilities Act (220 ILCS 5/16-111.5), “For the procurement of standard wholesale products, the names of the successful bidders and the load weighted average of the winning bid prices for each contract type and for each contract term shall be made available to the public at the time of Commission approval of … Continue reading What information will be publicly disclosed for winning applications?