Public Act 102-0662 (the “Climate and Equitable Jobs Act”) was signed into law and became effective on September 15, 2021. In accordance with Public Act 102-0662, the Illinois Power Agency (“IPA”) filed its revision to its Long-Term Renewable Resources Procurement Plan (“2022 Long-Term Plan”) with the Illinois Commerce Commission (“ICC”) on March 21, 2022. The ICC issued a Final Order approving the 2022 Long-Term Plan with modifications on July 14, 2022. The 2022 Long-Term Plan provides for a procurement of Indexed Renewable Energy Credits (“Indexed RECs”) from new utility-scale wind projects, new utility-scale solar projects, and new brownfield site photovoltaic projects this Fall 2023. The calendar for the Fall 2023 Indexed REC RFP is available on the procurement website here.
On August 4, 2023, the Procurement Administrator posted to the procurement website Draft Preliminary Proposal Requirements and a Draft Term Sheet. Subsequently, on August 18, 2023, the Procurement Administrator posted the Draft Indexed REC Contract for the Fall 2023 Indexed REC RFP. The Procurement Administrator invites interested parties to submit their comments on any aspect of the Draft Indexed REC Contract and the Draft Preliminary Proposal Requirements. The comment process is explained in the Invitation to Comment posted here. The process can be summarized as follows:
- Please submit an attachment with your comments on the Draft Indexed REC Contract and the Draft Preliminary Proposal Requirements by email to the Procurement Administrator at: Illinois-RFP@nera.com
- Please provide telephone and e-mail contact information in the event that the Procurement Administrator seeks clarification regarding your comments.
- If providing feedback on the Draft Indexed REC Contract, please submit your comments with track changes in Microsoft Word. We strongly encourage you to provide explanatory notes either in a separate document or highlighted in tracked changes.
- If providing feedback on Draft Preliminary Proposal Requirements, please include a reference to the section name, from the left-hand column of the respective table, that is applicable to the requirement for which you are providing comment(s).
The deadline to provide comments is TODAY, September 8, 2023.
To receive updates and information regarding the Indexed REC RFP, please click here to register to our mailing list.