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Indexed REC-5: How does a Project located in a state adjacent to Illinois become pre-approved by the IPA to be eligible for Illinois RPS compliance?

A Project located in a state adjacent to Illinois must complete and submit an eligibility request spreadsheet to the Illinois Power Agency (“IPA”) and the IPA will determine whether the Project meets the public interest criteria in the Act and has been pre-approved to be eligible for Illinois RPS compliance. The evaluation spreadsheet is available … Continue reading How does a Project located in a state adjacent to Illinois become pre-approved by the IPA to be eligible for Illinois RPS compliance?

Indexed REC-4: Is the Spring 2022 Indexed REC RFP for delivery and payment of renewable energy credits (“RECs”) only or is it for energy and RECs from a Project?

The Spring 2022 Indexed REC RFP will seek to procure Indexed renewable energy credits (“Indexed RECs”) only. An Indexed REC means a tradable credit that represents the environmental attributes of one megawatt hour of energy produced from a renewable energy resource, the price of which shall be calculated by subtracting the strike price offered by … Continue reading Is the Spring 2022 Indexed REC RFP for delivery and payment of renewable energy credits (“RECs”) only or is it for energy and RECs from a Project?

Indexed REC-2: I have registered for an account for the Spring 2022 Indexed REC RFP. When will I receive my account information?

Individuals that register for an account for the Spring 2022 Indexed REC RFP will receive an email prior to the opening of the Part 1 Window with account activation instructions. The Procurement Administrator will also send instructions for accessing and completing the online qualification forms at that time. The Part 1 Window for the Spring … Continue reading I have registered for an account for the Spring 2022 Indexed REC RFP. When will I receive my account information?

Indexed REC-1: Will interested parties have the opportunity to submit comments on the Draft Indexed REC Contract?

Interested parties will have the opportunity to submit comments on the Draft Indexed REC Contract. Currently, two rounds of comments on the Draft Indexed REC Contract are planned for in 2022. Please see the Spring 2022 Indexed REC RFP Calendar posted to the Calendar page of the procurement website for more information. The Calendar is … Continue reading Will interested parties have the opportunity to submit comments on the Draft Indexed REC Contract?