Public Act 102-0662 (the “Climate and Equitable Jobs Act”) was signed into law and became effective on September 15, 2021. The IPA Act, as amended by Public Act 102-0662, establishes a subsequent forward procurement for indexed renewable energy credits from new utility-scale wind projects, new utility-scale solar projects, and new brownfield site photovoltaic projects. The Illinois Power Agency (“IPA”) will be conducting a competitive procurement event (the “Indexed REC RFP”) in Spring 2022 for the procurement of indexed renewable energy credits.
On December 6, 2021, the Procurement Administrator posted to the procurement website a document containing preliminary proposal requirements and draft key contract terms. The Procurement Administrator invites interested parties to submit their comments on any aspect of the preliminary proposal requirements and draft key contract terms. The Procurement Administrator also seeks stakeholder feedback on specific topics. The comment process is explained in the Invitation to Comment posted here. The process can be summarized as follows:
- Please include your comments on the preliminary proposal requirements and draft key contract terms in an attachment and email it to the Procurement Administrator at: Illinois-RFP@nera.com
- Please provide telephone and e-mail contact information in the event that the Procurement Administrator seeks clarification regarding your comments.
- Please include a reference to the section name from the left-hand column of the applicable table that is applicable to the requirement or contract term for which you are providing comment(s).
The deadline to provide comments is Friday, December 17, 2021.
To receive updates and information regarding the Indexed REC RFP, please click here to register for the mailing list.
