A Bidder must submit bid assurance collateral for the Project in the form of cash or of a letter of credit to each of the Companies. Whether providing bid assurance collateral in the form cash or a letter of credit for a Company, the Bidder must follow all instructions provided by the Procurement Administrator for … Continue reading When will instructions for providing bid assurance collateral be available to Bidders?
A Project that first started operations on or before June 1, 2017 is not eligible to participate in the upcoming Utility-Scale Wind RFP.
Please see the most recent Long-Term Renewable Resources Procurement Plan available on the Illinois Power Agency’s (IPA) website here for the exhaustive overview of programs and competitive procurement events to procure Renewable Energy Credits (“RECs”) on behalf of Ameren Illinois Company, Commonwealth Edison Company and MidAmerican Energy Companies. As noted in Section 5.2 Background on … Continue reading Do Ameren Illinois Company, Commonwealth Edison Company and MidAmerican Energy Company procure RECs through spot market purchases to meet the goals and targets of the Renewable Portfolio Standard or only through programs and competitive procurement events under the IPA’s Long-Term Renewable Resources Procurement Plan?
Yes. Public Act 99-0906, effective June 1, 2017, requires the Illinois Power Agency to develop a Long-Term Renewable Resources Procurement Plan and implement procurement programs and competitive procurement events necessary to meet the goals and targets of the Renewable Portfolio Standard for all retail customer load. The most recent Long-Term Renewable Resources Procurement Plan is … Continue reading Does the Illinois Power Agency procure Renewable Energy Credits (“RECs”) to meet the goals and targets of the Renewable Portfolio Standard for all retail customer load in the state?
No, a Bidder that has a Project that qualifies via a successful Part 1 Proposal is not required to submit a Bid for that Project on the Bid Date.
Please see paragraph IV.2.3. of the RFP Rules, which states “ To demonstrate project maturity, the Bidder must provide, if available for the Project, one of the following: the Queue/OASIS ID from PJM and a copy of the completed System Impact Study from PJM for the Project; or the Project Number from MISO and a … Continue reading What is the project maturity requirement for a project to qualify under the Winter 2021 Utility-Scale Wind RFP?
This redline is available at the bottom of the Final Materials page of the procurement website under the header FINAL Winter 2021 Utility-Scale Wind REC Contract. Please note that the base agreement for the redline is a restructured version of the Final Fall 2019 Wind REC Agreement from the Fall 2019 Utility-Scale Wind RFP.
The definition of Force Majeure in the Winter 2021 Utility-Scale Wind Final REC Agreement includes delays associated with processing of permit requests, provided that Seller can demonstrate to Buyer and the IPA that such delay is not primarily attributable to the Seller’s failure to make in a timely manner permitting requests. The denial of a … Continue reading Does the definition of Force Majeure only include a delay associated with processing a permit request, or does it also include the denial of a permit request?
The Utility-Scale Wind RFP bidder information presentation and audio recording are available on the Final Materials page of the utility-scale wind section of the procurement website, here.
Comments will be posted to the IPA website by Friday, April 10, 2020.