The Illinois Power Agency Act (20 ILCS 3855/) establishes the Illinois Power Agency (IPA) and outlines its responsibilities, including the procurement of electricity for residential customers in Illinois. The Act mandates that the IPA conduct competitive solicitations for the procurement of electric power and energy. The primary objective of these solicitations is to secure reliable and cost-effective energy supply for eligible customers. Section 5 of the Act specifically addresses the procurement process, detailing the requirements for competitive bidding and the evaluation of bids. The IPA is tasked with developing a procurement plan that outlines the strategy for acquiring power, considering factors such as price, reliability, and environmental attributes. The Act also empowers the IPA to enter into contracts with successful bidders. The concept of a “default service” provider, often referred to as the “supplier of last resort,” is central to ensuring continuous service for customers who do not choose an alternative retail electric supplier. In Illinois, the IPA’s procurement process is designed to provide this default service, ensuring that all eligible customers receive power even if they do not actively select a supplier. The Act’s provisions are designed to promote market-based pricing and protect consumers by ensuring a transparent and competitive procurement process. The Illinois Commerce Commission (ICC) plays a regulatory role in overseeing the implementation of the IPA’s procurement plans and ensuring compliance with the Act’s provisions.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy, particularly concerning the procurement of renewable energy resources. The Illinois Power Agency Act, specifically 20 ILCS 3855, outlines the IPA’s responsibilities, including developing and implementing the Renewable Energy Standard (RES) and conducting annual procurements for Renewable Energy Credits (RECs). These procurements are designed to drive investment in renewable energy projects within Illinois, often through long-term contracts with utilities. The IPA’s procurement process is a complex mechanism intended to achieve cost-effectiveness and reliability while meeting the state’s renewable energy goals. Understanding the IPA’s statutory mandate and its operational procedures for REC procurement is fundamental to grasping Illinois’ approach to renewable energy development. The IPA’s role is distinct from the Illinois Commerce Commission (ICC), which primarily regulates utilities and approves their energy supply plans. The IPA focuses on the *procurement* of renewable energy resources to meet statutory targets, not the day-to-day operational regulation of utilities. Therefore, the IPA’s statutory authority for conducting annual procurements of RECs is a cornerstone of its function in Illinois energy law.

The Illinois Power Agency (IPA) plays a crucial role in implementing the state’s energy policies, particularly those related to renewable energy procurement. The Illinois Power Agency Act (20 ILCS 3855/) outlines the IPA’s responsibilities, including conducting annual solicitations for renewable energy resources. The Renewable Energy Standard (RES), established by the Renewable Energy and Sustainable Electricity Act (20 ILCS 3855/), mandates that electric utilities procure a certain percentage of their electricity from renewable sources. The IPA manages the process by which utilities meet these requirements through competitive solicitations. The specific procurement targets and the types of renewable energy credits (RECs) that can be used are detailed in various administrative rules and legislative amendments. The IPA’s role is to ensure a fair and transparent process for awarding contracts to renewable energy developers, thereby facilitating the growth of renewable energy in Illinois and meeting the state’s statutory obligations. The IPA’s Annual Renewable Energy Procurement Plan is a key document that details the agency’s strategy for meeting these targets, including the volume of renewable energy to be procured and the expected costs.

The Illinois Power Agency (IPA) plays a crucial role in energy policy and procurement within the state. The IPA is responsible for developing the Illinois State Energy Plan, which outlines the state’s energy goals and strategies. A key function of the IPA is the procurement of electricity supply for residential and small commercial customers through competitive solicitations. This process is designed to ensure reliable and cost-effective energy delivery. The IPA also oversees programs related to energy efficiency and renewable energy development, often in coordination with the Illinois Commerce Commission (ICC) and regulated utilities. The Public Utilities Act, particularly Section 8-403.1, grants the IPA authority for competitive procurement of electricity for certain customer classes. This procurement process is a cornerstone of Illinois’s approach to deregulated energy markets, aiming to balance consumer protection with market-based solutions. The IPA’s procurement plans must be submitted to and approved by the ICC, ensuring regulatory oversight. The agency’s activities are guided by principles of affordability, reliability, and environmental sustainability, as reflected in the state’s energy policies and legislative mandates. The IPA’s role is distinct from the ICC, which acts as the primary regulator of utility rates and services.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy and procurement. One of its primary functions, as established by the Illinois Power Agency Act (20 ILCS 3855/), is to conduct competitive solicitations for the procurement of electricity and renewable energy credits (RECs) on behalf of the state’s electric utilities. The IPA’s procurement process is designed to ensure reliability, affordability, and the promotion of renewable energy development in Illinois. This process involves developing an annual plan, which is then submitted to the Illinois Commerce Commission (ICC) for review and approval. The IPA’s procurement plans are critical for meeting the state’s Renewable Portfolio Standard (RPS) requirements, which mandate a certain percentage of electricity sales to be derived from renewable sources. The IPA’s authority to conduct these solicitations is a cornerstone of Illinois’ approach to energy market management and clean energy transition. The Act outlines the IPA’s responsibilities in developing long-term energy plans, evaluating energy sources, and coordinating with various stakeholders, including utilities, the ICC, and the public. The IPA’s procurement strategy directly impacts the cost of electricity for consumers and the development of new renewable energy projects within the state.

The Illinois Power Agency (IPA) is mandated by the Illinois Power Agency Act to procure electricity supply for residential and small commercial customers in Illinois through a competitive bidding process. This process is designed to ensure that customers receive electricity at the lowest possible cost while also promoting reliability and the development of renewable energy sources. The IPA’s procurement process involves issuing Requests for Proposals (RFPs) for various types of power supply contracts, including those for renewable energy credits (RECs) and capacity. The specific terms and conditions of these contracts, including duration, pricing mechanisms, and performance standards, are determined through the competitive bidding process and subsequent contract negotiations. The goal is to secure a diverse portfolio of energy resources that meets the state’s energy needs and policy objectives, such as those outlined in the Climate and Equitable Jobs Act (CEJA). The IPA’s role is central to implementing Illinois’s clean energy transition by integrating renewable energy into the state’s electricity supply.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy and procurement. Specifically, the IPA is responsible for developing and implementing the state’s Renewable Portfolio Standard (RPS) programs, which mandate that a certain percentage of electricity sold in Illinois be generated from renewable sources. The IPA oversees the procurement of Renewable Energy Credits (RECs) to meet these mandates. For Class 2 renewable energy sources, which include technologies like solar photovoltaic (PV) systems and wind turbines that have been in service for a specified period, the IPA conducts competitive solicitations. These solicitations are designed to secure the lowest possible cost for renewable energy generation while ensuring compliance with the RPS. The IPA’s authority to conduct these solicitations and procure RECs is derived from Illinois state statutes, primarily the Illinois Power Agency Act and the Clean Energy Jobs Act (CEJA). The process involves setting annual procurement targets, issuing requests for proposals (RFPs), evaluating bids based on various criteria including price, environmental attributes, and reliability, and ultimately entering into contracts for the purchase of RECs or capacity. The question asks about the IPA’s role in procuring RECs for Class 2 sources, which directly aligns with its statutory mandate to implement the RPS through competitive solicitations.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy, particularly concerning the procurement of renewable energy credits (RECs) and the implementation of the Renewable Portfolio Standard (RPS). The IPA is mandated by statute to conduct competitive solicitations for renewable energy resources. The specific process and criteria for these solicitations are detailed in the Illinois Power Agency Act and subsequent administrative rules promulgated by the Illinois Commerce Commission (ICC). These rules often establish thresholds for the types of projects that can participate, the duration of power purchase agreements, and the financial viability requirements for developers. The IPA’s procurement strategy aims to achieve cost-effectiveness for ratepayers while meeting the state’s renewable energy targets. The concept of “participating utility” refers to the electric utilities in Illinois that are obligated to procure renewable energy under the RPS, such as Commonwealth Edison Company and Ameren Illinois. The IPA acts as the central procurement entity on behalf of these utilities. The term “qualified electric utility” in the context of Illinois energy law generally refers to investor-owned electric utilities that are subject to the state’s electric utility regulatory framework and RPS obligations. The Illinois Power Agency Act, specifically Section 1-10, outlines the IPA’s responsibilities, including the development of a Renewable Energy Standard Plan and the conduct of procurement events. The Illinois Commerce Commission (ICC) provides oversight and approval for many of the IPA’s activities, ensuring compliance with statutory mandates and consumer protection principles. The question tests the understanding of which entity is responsible for conducting the competitive solicitations for renewable energy resources on behalf of the state’s utilities, as defined by Illinois law.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy implementation, particularly concerning renewable energy procurement and energy efficiency programs. The IPA’s authority to enter into long-term contracts for renewable energy credits (RECs) is a cornerstone of the state’s Renewable Portfolio Standard (RPS). These contracts are typically awarded through competitive solicitations, aiming to secure renewable energy at the lowest possible cost while ensuring the development of new renewable energy capacity. The Illinois Power Agency Act, specifically Section 1-75(c)(1)(B) of the Illinois Power Agency Act (20 ILCS 3855/1-75), outlines the IPA’s authority to enter into such contracts. These contracts are essential for providing the long-term revenue certainty needed for renewable energy project development, thereby facilitating compliance with the state’s RPS goals. The IPA’s procurement process is designed to be transparent and competitive, ensuring that Illinois ratepayers receive the maximum benefit from renewable energy investments. The agency evaluates proposals based on various factors, including price, project viability, and contribution to state energy policy objectives. The resulting contracts are vital instruments for achieving Illinois’s ambitious renewable energy targets, as mandated by legislation such as the Climate and Equitable Jobs Act (CEJA). The IPA’s strategic contracting is fundamental to the successful execution of Illinois’s clean energy transition.

The Illinois Power Agency (IPA) plays a crucial role in energy policy and procurement within the state. The IPA is responsible for developing and implementing programs designed to ensure a reliable and affordable supply of electricity for Illinois consumers. A key aspect of its mandate involves the procurement of renewable energy credits (RECs) and other energy resources to meet the state’s Renewable Portfolio Standard (RPS) obligations, as established by the Illinois Renewable Energy and Sustainable Electricity Act. This Act sets specific targets for the percentage of electricity that must be generated from renewable sources. The IPA’s procurement processes are governed by detailed rules and regulations, often involving competitive solicitations to secure these resources at the lowest cost to ratepayers. The IPA’s annual procurement plans and reports are vital documents that outline its strategies for meeting the RPS and other energy policy goals, including considerations for grid reliability, economic development, and environmental protection. The IPA’s authority extends to various aspects of energy planning, including the development of the Renewable Energy Standard (RES) compliance plans and the administration of programs like the Adjustable Block Program (ABP) for distributed solar generation. The IPA also plays a role in advising the Governor and the General Assembly on energy matters.

The Illinois Power Agency (IPA) plays a crucial role in energy policy and procurement within the state. Specifically, the IPA is responsible for developing and implementing the state’s energy plan, which includes strategies for energy efficiency, renewable energy development, and reliable energy supply. A key component of this is the procurement of electricity supply for residential and small commercial customers through a competitive bidding process. The IPA’s procurement process is governed by various statutes and administrative rules, including those that outline the criteria for evaluating bids and awarding contracts. The Illinois Power Agency Act (20 ILCS 3855/) and associated administrative rules, such as those found in 20 Ill. Adm. Code Part 1000, detail the procedures and objectives of this procurement. The primary goal is to secure electricity supply at the lowest reasonable cost while ensuring reliability and promoting the state’s energy policy objectives, which often include supporting clean energy and economic development. The IPA’s biannual procurement process, as mandated by law, aims to secure supply for a significant portion of the state’s eligible customers, ensuring stability and cost-effectiveness. The IPA’s authority to procure power is a central aspect of its mandate to manage the state’s energy future.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy and procurement processes, particularly concerning renewable energy and energy efficiency programs. The IPA is responsible for developing and implementing the state’s Renewable Portfolio Standard (RPS) and energy efficiency mandates. When a utility in Illinois proposes a new energy infrastructure project that relies on state-subsidized renewable energy credits (RECs) or seeks to recover costs associated with energy efficiency programs, the IPA’s input and approval, or at least alignment with IPA-developed plans, are often critical. The Illinois Power Agency Act (20 ILCS 3855/) outlines the IPA’s authority and responsibilities. Specifically, the Act empowers the IPA to develop long-term energy plans, conduct procurement processes for electricity supply, and administer programs designed to meet the state’s energy goals, including those related to renewable energy and energy efficiency. Therefore, any proposal by an Illinois electric utility that directly impacts the procurement of renewable energy or the implementation of energy efficiency measures would necessitate engagement with or consideration of the IPA’s established plans and procurement strategies, as these are designed to achieve the state’s statutory energy objectives. The Illinois Commerce Commission (ICC) is the primary regulatory body overseeing utilities, but the IPA’s role is specifically focused on the strategic planning and procurement of energy resources to meet state mandates.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy, particularly concerning the procurement of renewable energy resources. The Illinois Power Agency Act, specifically Section 1-75(c)(1)(A), outlines the process for the IPA to enter into long-term contracts for the purchase of electricity and renewable energy credits (RECs) generated from qualifying renewable energy sources. This section mandates that the IPA shall conduct competitive solicitations for these contracts. The purpose of these solicitations is to secure reliable and cost-effective renewable energy for Illinois consumers while advancing the state’s renewable energy goals, such as those established in the Climate and Equitable Jobs Act (CEJA). The IPA’s solicitation process is designed to attract a diverse range of renewable energy projects, ensuring a robust and competitive market. The Act also specifies various criteria that proposals must meet, including the financial viability of the project, the environmental attributes of the energy produced, and the potential economic benefits to the state. The IPA’s role is to administer these procurements efficiently and transparently, acting as an agent for the state’s utilities and ultimately for the ratepayers. The IPA’s procurement process is a cornerstone of Illinois’s commitment to decarbonization and the transition to a cleaner energy future, as envisioned by legislative mandates.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy implementation, particularly concerning renewable energy and energy efficiency programs. The IPA is mandated to procure renewable energy credits (RECs) on behalf of the state’s electric utilities to meet Renewable Portfolio Standard (RPS) obligations. This procurement process is typically conducted through competitive solicitations, often referred to as the “IPA solicitation” or “IPA procurement process.” The Illinois Power Agency Act (20 ILCS 3855/) outlines the IPA’s authority and responsibilities in this area. Specifically, the IPA is responsible for developing and administering programs designed to achieve the state’s renewable energy goals, including the procurement of RECs. The Illinois Commerce Commission (ICC) oversees the utilities’ compliance with the RPS and approves the contracts entered into by the utilities as a result of the IPA’s procurement. Therefore, the IPA’s primary function in this context is to manage the competitive bidding process for RECs to ensure cost-effectiveness and compliance with Illinois’s renewable energy targets. The question asks about the entity responsible for managing the procurement of renewable energy credits for Illinois electric utilities under the state’s Renewable Portfolio Standard. Based on Illinois energy law and the IPA’s statutory mandate, the Illinois Power Agency is the designated entity responsible for this function, conducting competitive solicitations to acquire these credits.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy, particularly concerning renewable energy procurement. The Illinois Power Agency Act, specifically Section 1-75, outlines the IPA’s authority to develop and implement a Renewable Energy Standard (RES) plan. This plan mandates that a certain percentage of electricity sold in Illinois be generated from renewable sources. The IPA’s procurement process, governed by the Act and subsequent administrative rules, involves soliciting bids from renewable energy developers. The goal is to secure Renewable Energy Certificates (RECs) at the lowest cost, thereby meeting the state’s renewable energy targets efficiently. The IPA’s annual procurement plan, approved by the Illinois Commerce Commission (ICC), details the quantity of RECs to be purchased and the terms of the contracts. The emphasis is on cost-effectiveness and reliability, ensuring that the state’s RES goals are met without undue burden on ratepayers. The IPA’s role is that of an administrator and facilitator, working within the legislative framework to achieve state energy policy objectives. The IPA does not directly own or operate generation facilities but rather facilitates the market for renewable energy attributes. The procurement process is designed to incentivize the development of new renewable energy capacity within Illinois or in a manner that benefits Illinois ratepayers.

The Illinois Power Agency (IPA) is tasked with managing the state’s energy policy and procurement. The Illinois Power Agency Act, specifically Section 5/1-10 (20 ILCS 3855/1-10), outlines the IPA’s authority and responsibilities. This section empowers the IPA to conduct competitive solicitations for the procurement of electricity supply for residential and small commercial customers of investor-owned utilities in Illinois, often referred to as the “default service” or “standard offer” procurement. The Act mandates that these procurements be conducted in a manner that promotes competition and ensures reliable and cost-effective energy supply. The IPA’s procurement process is designed to achieve these goals by allowing multiple suppliers to bid on providing electricity, thereby driving down prices through market forces. The specific mechanisms and timelines for these procurements are detailed in the IPA’s procurement plans, which are subject to review and approval by the Illinois Commerce Commission (ICC). The IPA’s role is crucial in implementing the state’s energy policies, including those related to renewable energy and energy efficiency, by incorporating these considerations into its procurement strategies. Therefore, the IPA’s authority to conduct competitive solicitations for electricity supply is a fundamental aspect of its mandate under Illinois law.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy implementation, particularly concerning renewable energy procurement. Under the Illinois Power Agency Act and subsequent legislation like the Renewable Portfolio Standard (RPS) established by the Illinois Energy Advancement and Consumer Protection Act (often referred to as the “Clean Jobs Law” or its preceding versions), the IPA is mandated to conduct procurement processes for renewable energy credits (RECs) to meet the state’s RPS targets. These procurement processes are typically conducted through competitive solicitations, often referred to as “requests for proposals” (RFPs) or “annual procurements.” The goal is to acquire RECs at the lowest cost possible while ensuring the development of new renewable energy resources within Illinois or those that benefit the state’s economy and environment. The IPA’s authority to enter into long-term contracts for these RECs is a key mechanism for providing price certainty and attracting investment in renewable energy projects. Therefore, when the IPA seeks to fulfill its statutory obligations to acquire RECs for the state’s RPS, it does so through a structured, competitive bidding process designed to secure these credits efficiently and cost-effectively for the benefit of Illinois consumers.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy, particularly concerning the procurement of renewable energy resources. The Renewable Energy Standard (RES) in Illinois, as established by the Illinois Power Agency Act and subsequent amendments, mandates that electric utilities source a specific percentage of their electricity from renewable sources. The IPA is responsible for conducting competitive solicitations to acquire these renewable energy credits (RECs) or the energy itself, aiming to meet the state’s renewable energy targets efficiently and cost-effectively. The IPA’s procurement process is designed to balance the state’s environmental goals with the economic interests of consumers. This process involves detailed planning, the issuance of Requests for Proposals (RFPs), evaluation of bids based on predefined criteria (which often include price, REC attributes, project development status, and environmental benefits), and the execution of contracts. The IPA’s authority to procure renewable energy is a key mechanism for implementing Illinois’s climate and clean energy objectives, ensuring compliance with the RES and fostering the growth of the renewable energy sector within the state. The IPA’s annual procurement plan and its execution are subject to review and approval processes, ensuring transparency and accountability in its operations. The specific mechanisms for procurement, such as the annual auction or bilateral contracts, are designed to achieve the most advantageous outcomes for the state’s ratepayers while driving renewable energy development.

The Illinois Power Agency (IPA) is responsible for administering the Renewable Portfolio Standard (RPS) in Illinois. The RPS mandates that a certain percentage of electricity sold in the state must come from renewable sources. For Class 1 renewables (wind, solar, geothermal, hydropower), the target for 2020 was 25%. For Class 2 renewables (biomass, waste-to-energy), the target was 1% for 2020. The law, particularly the Illinois Power Agency Act and the Renewable Energy Standard Act, outlines the mechanisms for compliance, which can include purchasing Renewable Energy Certificates (RECs). RECs represent the environmental attributes of renewable energy generation. Utilities can meet their RPS obligations by retiring RECs generated from eligible sources within Illinois or from sources outside Illinois, subject to specific requirements and limitations. The IPA oversees the procurement of renewable energy credits and the overall administration of the RPS program, ensuring compliance with the statutory targets and promoting the development of renewable energy resources within the state. The question probes the understanding of how compliance with the RPS is achieved, specifically focusing on the role of RECs and the IPA’s oversight in the Illinois context. The calculation is conceptual, demonstrating the percentage-based nature of the RPS targets. For Class 1, the target is 25% of total electricity sales. For Class 2, it is 1% of total electricity sales. The total RPS requirement is the sum of these percentages. Therefore, the total RPS requirement for Class 1 and Class 2 renewables combined is \(25\% + 1\% = 26\%\).

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy and procurement processes. Specifically, the IPA is responsible for developing and implementing the state’s Renewable Energy Standard (RES) and the state’s energy efficiency programs. The IPA’s authority to solicit and contract for renewable energy resources is primarily derived from the Illinois Power Agency Act and subsequent amendments, such as the Illinois Renewable Energy Standard Act. When considering the procurement of renewable energy credits (RECs) to meet the state’s Renewable Portfolio Standard (RPS) requirements, the IPA conducts competitive solicitations. These solicitations are designed to secure the lowest cost for ratepayers while ensuring the development of renewable energy projects within Illinois or that benefit Illinois. The IPA’s procurement process is governed by specific rules and procedures outlined by the Illinois Commerce Commission (ICC) and the IPA itself. The IPA is mandated to consider factors such as price, environmental attributes, reliability, and the contribution to the state’s economic development when evaluating bids. The process involves issuing Requests for Proposals (RFPs), reviewing submitted bids, and entering into long-term contracts for the purchase of renewable energy or associated credits. The IPA’s strategic planning, particularly its biannual energy plans, outlines its approach to meeting the state’s renewable energy targets and energy efficiency goals, often involving the procurement of RECs through these competitive processes. The Illinois Power Agency Act, as amended, provides the statutory framework for these activities, ensuring transparency and cost-effectiveness in the state’s transition towards cleaner energy sources.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy implementation, particularly concerning renewable energy procurement and the administration of programs designed to meet renewable energy standards. The IPA is responsible for conducting competitive solicitations for renewable energy resources to meet the state’s Renewable Portfolio Standard (RPS) requirements as established by the Illinois Power Agency Act and subsequent legislative amendments. These solicitations are designed to secure renewable energy credits (RECs) at the lowest possible cost to ratepayers while ensuring the reliability and adequacy of the state’s electricity supply. The IPA’s procurement process involves detailed specifications for eligible technologies, contract terms, and evaluation criteria, all aimed at achieving the state’s environmental and economic objectives. The IPA’s annual procurement plans and reports are key documents that outline the progress and challenges in meeting the RPS, including the acquisition of utility-scale wind and solar power, as well as distributed generation resources. The Illinois Commerce Commission (ICC) oversees the implementation of these procured resources by the state’s electric utilities, ensuring compliance with the contracts awarded by the IPA and the overall RPS mandates. Therefore, the IPA’s primary function in this context is the strategic procurement of renewable energy to fulfill Illinois’s statutory obligations.

The Illinois Power Agency (IPA) plays a crucial role in administering energy programs and planning for the state’s energy future. One of its key responsibilities is the procurement of renewable energy credits (RECs) to meet the state’s Renewable Portfolio Standard (RPS) requirements, as mandated by the Illinois Renewable Energy Standard Act. The IPA conducts competitive solicitations for these RECs. The process involves evaluating bids based on various criteria, including price, the long-term viability of the renewable energy project, and the ability of the project to contribute to Illinois’s economic development goals, such as job creation and local investment. The IPA’s procurement strategy is designed to achieve the RPS targets in a cost-effective manner for Illinois consumers. The IPA’s authority to enter into long-term contracts for RECs is a critical mechanism for providing revenue certainty to renewable energy developers, thereby encouraging investment in new renewable energy capacity within Illinois. The specific terms and conditions of these contracts, including duration and pricing structures, are subject to IPA rules and the outcomes of the competitive bidding process. The IPA’s Annual Procurement Plan outlines its strategy for meeting the state’s RPS obligations for the upcoming years, detailing the volume of RECs to be procured and the methods of procurement. This plan is a key document for understanding the state’s approach to renewable energy development and compliance.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy implementation, particularly concerning renewable energy procurement and planning. The IPA is mandated to develop and oversee programs designed to meet Illinois’ renewable energy goals, as established by legislation such as the Illinois Renewable Portfolio Standard (RPS). When considering the procurement of renewable energy credits (RECs) or the development of renewable energy projects, the IPA’s actions are guided by specific statutory frameworks and administrative rules. These frameworks often dictate the process for soliciting proposals, evaluating bids, and entering into contracts for renewable energy generation. The concept of “approved programs” within the IPA’s purview refers to specific initiatives or mechanisms established by law or rule to facilitate the achievement of renewable energy targets. For instance, the IPA administers programs that allow utilities to contract for renewable energy, often through competitive solicitations. The procurement of RECs is a key mechanism for utilities to demonstrate compliance with the RPS. The IPA’s role is to ensure these procurement processes are transparent, efficient, and aligned with the state’s policy objectives, which include fostering economic development and reducing carbon emissions. The IPA’s annual Integrated Energy Plan also informs its strategic direction and program development. The specific details of how the IPA procures renewable energy, including the types of contracts and the evaluation criteria for projects, are subject to Illinois law and the rules promulgated by the Illinois Commerce Commission (ICC), which oversees utility regulation in the state.

The Illinois Power Agency (IPA) plays a crucial role in administering the state’s energy policies, particularly concerning renewable energy and energy efficiency. The IPA is responsible for developing and implementing the Illinois Renewable Energy Standard (RES) and the Illinois Energy Efficient Use of Energy Act. These acts aim to increase the procurement of renewable energy resources and promote energy conservation. The IPA’s responsibilities include developing long-term renewable energy procurement plans, administering programs that support renewable energy development, and overseeing the implementation of energy efficiency initiatives. The Illinois Commerce Commission (ICC) is the primary regulatory body overseeing public utilities in Illinois, including setting rates, approving utility infrastructure projects, and ensuring compliance with state and federal regulations. While the ICC has broad regulatory authority over utilities, the IPA’s mandate is more specifically focused on the strategic development and procurement of renewable and energy-efficient resources to meet state-mandated goals. Therefore, the IPA is the agency most directly involved in the planning and implementation of state-level renewable energy procurement targets and energy efficiency programs, acting as the state’s lead agency for these specific energy policy objectives.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy and procurement. Specifically, under the Illinois Power Agency Act (20 ILCS 3855/), the IPA is mandated to develop and implement an annual energy plan and to conduct procurement processes for electricity and natural gas supply on behalf of residential and small commercial customers. This procurement is often conducted through competitive bidding processes to secure the lowest possible prices for consumers. The IPA’s authority to enter into long-term contracts for renewable energy credits (RECs) is a key mechanism for fulfilling the state’s renewable portfolio standards (RPS) as established by the Illinois Renewable Energy Standard Act (20 ILCS 3855/1-10 et seq.). These contracts are critical for ensuring the development and integration of renewable energy sources into the state’s grid. The IPA’s procurement process is designed to be transparent and efficient, aiming to balance cost-effectiveness with the state’s policy goals, including environmental protection and energy security. The IPA’s role is distinct from that of the Illinois Commerce Commission (ICC), which is primarily responsible for regulating investor-owned utilities in Illinois, including approving utility rates and service standards. While the ICC oversees utility operations, the IPA focuses on strategic energy planning and procurement for specific customer classes. Therefore, the IPA’s ability to enter into long-term contracts for RECs directly supports the state’s renewable energy mandates.

The Illinois Power Agency (IPA) is tasked with managing the state’s energy policy and procurement, including the development of a Renewable Portfolio Standard (RPS). The RPS, as established by the Illinois Power Agency Act (20 ILCS 3855/), mandates that a certain percentage of electricity sold in Illinois must come from renewable energy sources. This percentage increases over time, with specific targets for different types of renewable technologies. The IPA is responsible for developing procurement plans and conducting solicitations to meet these targets. The Illinois Commerce Commission (ICC) plays a crucial oversight role, approving the IPA’s procurement plans and ensuring that the implemented programs are cost-effective and in the public interest. The Public Utilities Act (220 ILCS 5/) provides the broader regulatory framework for utilities and the ICC’s authority. When considering the impact of a new renewable energy project on meeting the state’s RPS goals, the IPA’s procurement process and the ICC’s approval are central. Specifically, the IPA’s solicitation process, often conducted through Requests for Proposals (RFPs), is the mechanism by which renewable energy credits (RECs) or the renewable energy output itself is acquired to satisfy the RPS mandates. The final approved procurement plan by the ICC dictates the quantity and type of renewable resources the utilities must secure, thereby directly influencing the success of achieving the state’s renewable energy objectives. The Illinois Power Agency Act outlines the IPA’s authority to develop and implement programs to achieve the Renewable Portfolio Standard, including conducting procurement processes.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy implementation, particularly concerning the procurement of renewable energy resources. The IPA’s authority to conduct competitive solicitations for Renewable Energy Credits (RECs) is derived from various Illinois statutes, most notably the Illinois Power Agency Act and the Renewable Energy Standard (RES) provisions within the Illinois Climate and Equitable Jobs Act (CEJA). CEJA, enacted in 2021, significantly expanded Illinois’ renewable energy goals and established a framework for achieving them through the IPA’s procurement processes. The IPA is mandated to ensure that the state meets its Renewable Portfolio Standard (RPS) requirements by acquiring RECs generated from eligible renewable energy sources. This procurement is typically conducted through a competitive bidding process designed to secure these credits at the lowest possible cost while also considering factors such as reliability, diversity of sources, and community benefits. The IPA’s Annual Renewable Energy Procurement Plan details the specific targets and methodologies for these solicitations, ensuring compliance with statutory mandates and fostering the growth of renewable energy within Illinois. The process involves defining the quantity of RECs needed, establishing bid parameters, evaluating submitted bids based on predetermined criteria, and ultimately awarding contracts for the purchase of these credits. This structured approach is central to the state’s strategy for decarbonization and economic development in the clean energy sector.

The Illinois Power Agency (IPA) plays a crucial role in the state’s energy policy and procurement. Specifically, the IPA is mandated by the Illinois Power Agency Act (20 ILCS 3855/) to conduct competitive solicitations for the procurement of electricity supply for residential and small commercial customers of investor-owned utilities in Illinois. This process is designed to secure reliable and cost-effective energy sources. The IPA’s procurement process is structured to ensure transparency and market-based pricing, often involving multi-year contracts. The agency’s authority to enter into these contracts is a key aspect of its function in managing the state’s electricity supply portfolio, particularly for customers who do not opt for alternative retail suppliers. The process involves establishing criteria for bids, evaluating proposals based on price, reliability, and other factors, and ultimately awarding contracts. This mechanism directly impacts the energy costs and choices available to a significant portion of Illinois consumers. The Illinois Commerce Commission (ICC) also has oversight and regulatory authority over utilities and their rates, but the IPA’s specific mandate is procurement. The Illinois Power Agency Act details the IPA’s responsibilities, including the development of an annual energy plan and the execution of procurement programs. The question tests the understanding of which entity is primarily responsible for conducting these specific types of electricity supply solicitations for designated customer classes in Illinois, as outlined in state legislation.

The Illinois Power Agency (IPA) is responsible for procurement of electricity supply for residential customers in Illinois under the Customer Choice programs. The IPA conducts competitive solicitations for long-term power supply contracts. The Public Utilities Act, specifically Section 4-101.10, outlines the framework for these procurement processes, emphasizing cost-effectiveness and reliability for consumers. The IPA’s procurement plans are subject to review and approval by the Illinois Commerce Commission (ICC). The process involves issuing Requests for Proposals (RFPs), evaluating bids based on predetermined criteria, and awarding contracts. The goal is to secure supply at the lowest reasonable cost while ensuring the financial health and operational integrity of the procuring entities. The IPA’s procurement process is a key mechanism for implementing energy policy in Illinois, balancing market forces with regulatory oversight to achieve public interest objectives related to energy supply.

The Illinois Power Agency (IPA) plays a crucial role in administering energy programs and procurement processes within the state. The IPA’s authority to enter into Power Purchase Agreements (PPAs) for renewable energy sources is a cornerstone of Illinois’ renewable energy policy, particularly under the Climate and Equitable Jobs Act (CEJA). CEJA mandates significant renewable energy deployment and establishes mechanisms for procuring these resources. The IPA is tasked with developing and implementing procurement plans to meet these goals, which often involve competitive solicitations for renewable energy credits (RECs) and associated energy. These procurements are subject to specific statutory requirements and Illinois Commerce Commission (ICC) oversight to ensure cost-effectiveness and reliability for ratepayers. The IPA’s procurement process is designed to foster market development for renewable energy while balancing the interests of consumers and the broader energy landscape of Illinois. This process, while not involving a direct calculation in the context of a legal question, is guided by principles of economic efficiency and the achievement of state policy objectives as outlined in legislation like CEJA and administered through IPA’s statutory powers.