Public Act 99-0906, which became effective June 1, 2017, calls for an initial forward procurement of one million renewable energy credits (“RECs”) annually from new utility-scale wind projects and of one million RECs annually from new utility-scale solar projects and brownfield site photovoltaic projects. The delivery of RECs may begin as early as June 1, 2019 but not later than June 1, 2021.
The first event under this initial forward procurement begins with the posting of the calendar. An invitation to comment on the draft standard contract form will be issued later today. The first procurement event will seek the entirety of the one million RECs annually from new utility-scale wind projects and will seek a portion of the one million RECs annually from new utility-scale solar projects and brownfield site photovoltaic projects. There will be multiple events to procure RECs from new utility-scale solar projects and brownfield site photovoltaic projects.
Two webcasts will be held for the upcoming procurement event:
· A first webcast (called the “virtual contract workshop” in the procurement event calendar) will be held at 11 AM Central Prevailing time onTuesday, June 6, 2017. The objective of the webcast is to present the main terms of the draft standard contract form to prepare participants for submitting their comments. You may RSVP for the webcast by providing your name, company, and the number of lines needed at Illinois-RFP@nera.com.
· The second webcast is planned for June 28, 2017 to present the terms of the final standard contract form and RFP requirements. A further announcement will provide additional details.
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INVITATION to Comment on the Draft Standard Contract Form
A draft standard contract form, the “draft REC Contract”, has been posted to the procurement website. This draft REC contract is proposed to be the standard contract form between each winning supplier in the Wind and Solar RFP and Ameren Illinois Company (“AIC”), Commonwealth Edison Company (“ComEd”), or MidAmerican Energy Company (“MEC”). The Wind and Solar RFP will seek to procure one million RECs annually from new utility-scale wind projects and will seek to procure a portion of one million RECs annually from new utility-scale solar projects and brownfield site photovoltaic projects.
The Procurement Administrator invites interested parties to comment on the draft standard contract form. The comment process is explained in the Invitation to Comment posted here. The process can be summarized as follows:
- Submit your comments using tracked changes in Microsoft Word. We strongly encourage you to provide explanatory notes either in a separate document or highlighted in tracked changes.
- Send your comments by email to the Procurement Administrator at: Illinois-RFP@nera.com.
The deadline to provide comments is 6 PM Central Prevailing Time on Wednesday, June 14, 2017.
RSVP Now! The Procurement Administrator also invites interested parties to participate in a webcast on June 6th at 11 AM CPT during which the Procurement Administrator will present the main terms of the draft REC Contract. You may RSVP for this webcast by providing your name, company, and the number of lines needed at Illinois-RFP@nera.com.
Please direct any questions regarding this comment process to the “Ask a Question” page of the procurement website.
