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ARTICLE · 31 OCTOBER 2017

Illinois Renewable Resources Procurement Plan Aims To Boost Renewable Energy Development

McDermott Will & Emery
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The Future Energy Jobs Act includes quantitative targets for the procurement of specific types of RECs to satisfy the state's RPS program.

United StatesEnergy and Natural Resources
Joel A. Hugenberger
Joel A. Hugenberger
William Friedman
William Friedman
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On September 29, 2017, the Illinois Power Agency (IPA) released its Long-Term Renewable Resources Procurement Plan (Plan) to implement renewable energy goals set forth in Illinois's Future Energy Jobs Act, which went into effect on June 1. Together, the new legislation and the Plan, among other things, make significant modifications to Illinois's renewable portfolio standard (RPS) goal of 25 percent of retail electricity sales sourced from renewable energy by 2025. The Plan sets forth procurement programs designed to meet the state's annual RPS targets until 2030 and will be updated at least every two years. These changes significantly expand renewable energy development opportunities in Illinois—by some estimates, leading to the addition of approximately 1,300 megawatts (MW) of new wind and nearly 3,000 MW of new solar capacity by 2030.

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