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From the IPA: ABP REC Pricing for Reopening on December 14, 2021 Now Published

23 Nov 2021 11:38 AM | Anonymous

As authorized under the Climate and Equitable Jobs Act (Public Act 102-0662), the Adjustable Block Program will reopen to project applications on December 14, 2021. REC pricing for this new Program capacity has been developed consistent with the Act’s requirements, and block reopening REC prices have been published on the ABP website.

Please note that these REC prices are only applicable to new capacity available resultant from program reopening under Public Act 102-0662. The Agency plans to reexamine REC pricing for all subsequent annual blocks of the Adjustable Block Program through updates to its Long-Term Renewable Resource Procurement Plan. A draft version of that updated Plan will be published on January 13, 2022 and Commission approval of that updated Plan is expected by July of 2022.


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