Announcements


W&S-149: Are the amounts of wind RECs procured through the initial forward procurement expected to meet the full requirements for all three utilities for the next fifteen years or are additional procurement events for wind RECs expected to occur in the future?

Yes, assuming budget availability, the IPA expects to conduct additional wind REC procurements.  Section 1-75(c)(1)(C) contains quantitative requirements for the procurement of RECs from “new wind projects,” and the amounts procured through the initial forward procurements are not expected to meet the full requirements for all three utilities for 2020, let alone for the next fifteen (15) years.

Additional procurement events may be proposed as part of the IPA’s long term renewable resources procurement plan, the first draft of which is required to be published within 120 days after June 1, 2017.  That plan is subject to Illinois Commerce Commission approval, with such approval expected in March 2018.   As that Plan has not yet been finalized, information regarding any additional procurements is not currently available.