The IPA Act, as amended by Public Act 102-0662, requires the IPA to conduct at least one subsequent forward procurement for indexed renewable energy credits within 240 days of September 15, 2021, the effective date of Public Act 102-0662. The IPA must do so notwithstanding whether the Commission has approved the 2022 Long-Term Renewable Resources Procurement Plan (2022 Long-Term Plan).
The 2022 Long-Term Plan is expected to be approved by the Illinois Commerce Commission in July 2022, after the Spring 2022 Indexed REC RFP has concluded. Therefore, the proposed bid evaluation preferences described in Section 5.4.3 of the 2022 Long-Term Plan will not apply for purposes of bid evaluation in this Spring 2022 Indexed REC RFP. For information on bid evaluation for the Spring 2022 Indexed REC RFP, please see webcast slides 14 and 71 and paragraph I.2.11 of the Final Indexed REC RFP Rules.
Revised 03/28/2022, originally posted 02/08/2022