Indexed REC-67: When will the next Indexed REC RFP be held and what are the expected REC quantities to be procured?

As proposed in the Long-Term Renewable Resources Procurement Plan (“2022 Long-Term Plan”) the IPA filed with the Illinois Commerce Commission (“ICC”) on March 21, 2022, the next Indexed REC RFP for new utility-scale wind, new utility-scale solar, and new brownfield site photovoltaic projects is expected to be held in Fall 2022, with bids due in early December 2022. The proposed targets for the Fall 2022 Indexed REC RFP are 1,750,000 RECs annually from new utility-scale wind projects, 1,000,000 RECs annually from new utility-scale solar projects, and 65,000 RECs annually from new brownfield site photovoltaic projects. Targets may be adjusted upward based on results observed through the Spring 2022 Indexed REC RFP. The ICC is expected to release its Final Order approving or modifying the 2022 Long-Term Plan on July 14, 2022.