The state of Illinois continued its push to achieve 100 percent renewable energy by 2050 when, on July 14, 2022, the Illinois Commerce Commission (ICC) approved the Illinois Power Agency’s (IPA) 2022 Long-Term Renewable Resources Procurement Plan (LTRRPP) and finalized rules and programs established under the Climate and Equitable Job Act (CEJA), which passed in September 2021. The LTRRPP is a guidebook for CEJA’s implementation, and its approval authorizes over $1.1 billion to procure new renewable generation in Illinois over the next two years by helping to fund renewable energy projects across Illinois.

Continue Reading Illinois Commerce Commission Approves Long-Term Renewable Resources Procurement Plan

Renewable energy accounted for 11% of all energy generated in Illinois last year. That may sound low at first glance, but that percentage ranks Illinois second in the Midwest for installed renewable energy power and fifth in the nation for installed wind power with almost 4,000 MW of wind and 60 MW of solar. Nonetheless, the State of Illinois needs to increase the pace of renewable development and generation if it wants to maintain its reputation as a renewable energy leader in the U.S.  The State took steps last week to do just that.  On Wednesday, September 15, Illinois Governor J.B. Pritzker signed SB 2408, known as the Climate and Equitable Jobs Act (“Act”), establishing one of the most comprehensive state-level renewable energy initiatives to date. The Act’s highlights include $580 million a year for wind and solar development to increase Illinois’ renewable energy standard to 40% by 2030 and 50% by 2045.

Continue Reading New Illinois Climate and Equitable Jobs Act Adds Fuel to Renewable Energy Development in Illinois

In December of 2016, Illinois Governor Bruce Rauner signed into law the Illinois Future Energy Jobs Act (Energy Act).  One principal purpose of the Energy Act is to add a new Zero Emissions Credit to Illinois’ existing Renewable Portfolio Standard (RPS).  The new Zero Emissions Credit received a lot of media coverage because it is designed to provide additional compensation to Illinois’ operating nuclear power plants. Because the costs for the credit will be paid for as a pass-through charge via a tariff by Illinois’ electric utilities, Illinois businesses will undoubtedly see their costs for procuring electricity increase.

In addition to creating the credit, the Energy Act also
Continue Reading Illinois Act Encourages Growth of Commercial-Scale Solar

Illinois sealOn December 7, Illinois Governor Bruce Rauner signed into law Senate Bill 2814. This bill adds a zero-emission facility standard to Illinois’ existing Renewable Portfolio Standard (RPS), protects funds dedicated to RPS compliance, and directs the Illinois Power Agency to conduct procurements for electricity generated by new wind and solar projects. The full client