Indexed Wind, Solar, Brownfield, and Hydropower

Public Act 102-0662 (the “Climate and Equitable Jobs Act”) was signed into law and became effective on September 15, 2021. Public Act 103-0380, related to the procurement of RECs from certain hydropower projects, was signed into law and became effective on January 1, 2024. In accordance with Public Act 102-0662, the IPA filed its Long-Term Renewable Resources Procurement Plan (“2024 Long-Term Plan”) with the Illinois Commerce Commission (“ICC”) on October 20, 2023. The ICC issued a Final Order approving the 2024 Long-Term Plan with modifications on February 20, 2024.

In accordance with the 2024 Long-Term Plan, a procurement for indexed renewable energy credits (“Indexed RECs”) from new utility-scale wind projects (projects over 5 MW), new utility-scale solar projects (projects over 5 MW), new brownfield site photovoltaic projects, and new hydropower projects at an existing dam or modernized or retooled hydropower projects at an existing dam will be held on July 18, 2024.

The quantities to be procured are 2,700,000 RECs delivered annually from either new utility-scale wind or hydropower projects, 666,666 RECs delivered annually from new utility-scale solar projects, and 74,000 RECs delivered annually from new brownfield site photovoltaic projects.

Deadlines and dates of main events are provided on the Calendar Page.  The schedule is subject to revision.

You may register to receive announcements for the Indexed Wind, Solar, Brownfield, and Hydropower RFP through the Register Page by selecting the “Indexed Wind, Solar, Brownfield, and Hydropower” option.

RSVP for the Summer 2024 Indexed REC RFP Webcast on May 2, 2024 at 3PM CT here! 

Click here to view FAQs related to the Indexed Wind, Solar, Brownfield, and Hydropower RFP.

Final Materials and Results from previous procurement events are available on the Previous RFPs page.

Please visit the Useful Links page for resources on the Minimum Equity Standard requirements, the Equity Accountability System, and the Energy Workforce Equity Portal, established under the IPA Act and through the IPA’s Long-Term Renewable Resources Plans, and applicable to participants in competitive REC procurements.