On December 4, 2025, the Potomac Electric Power Company (Pepco) issued a Press Release announcing a RFP for energy and RECs from solar and onshore wind facilities located within the PJM Interconnection, LLC control region. The RFP seeks to procure 687,000 MWh, which Pepco noted is approximately the equivalent of a 200 MW onshore wind …
Read the Full ArticleOn December 4, 2025, the Potomac Electric Power Company (Pepco) issued a Press Release announcing a RFP for energy and RECs from solar and onshore wind facilities located within the PJM Interconnection, LLC control region. The RFP seeks to procure 687,000 MWh, which Pepco noted is approximately the equivalent of a 200 MW onshore wind …
Read the Full ArticleOn September 26, 2025, FirstEnergy announced it had issued a 2025 RFP seeking Ohio complaint RECs. FirstEnergy aims to procure 680,000 RECs from either solar or non-solar resources that are certified under the Ohio RPS (pursuant to R.C. 4928.01, R.C. 4928.64, and R.C. 4928.65) and generated between January 1, 2023, and December 31, 2025. Per …
Read the Full ArticleOn October 8, 2025, the Illinois Power Agency (IPA) announced is it seeking comments on the benchmark development for the 2025 Fall Indexed REC RFP. As discussed in PJM Flash 25-39, the IPA announced the release of the draft RFP documentation and provisional quantities for the Fall 2025 Indexed REC RFP. If adopted, the IPA will seek to procure, under …
Read the Full ArticleOn October 8, 2025, the Illinois Power Agency (IPA) announced a bidder information webcast will be held to provide an overview of terms and the bidding processes and rules for the 2025 Fall Indexed REC RFP. As discussed in PJM Flash 25-39, the IPA announced the release of the draft RFP documentation and provisional quantities for the …
Continue reading “IPA schedules October 21 Indexed REC RFP bidder information webinar”
Read the Full ArticleOn September 18, 2025, in Docket FC1017, the District of Columbia (DC) Public Service Commission (PSC) issued a Notice seeking comments on the Draft RFP and PPA submitted by the Potomac Electric Power Company (Pepco). As discussed in PJM Flash 25-38, on September 15, Pepco submitted a Draft RFP and PPA for review. If approved, the RFP would …
Continue reading “DCPSC request comments on Pepco renewable energy solicitation by October 2”
Read the Full ArticleOn August 14, 2025, in Illinois Commerce Commission (ICC) Docket No. 23-0714, several renewable advocacy groups filed an Emergency Petition seeking to reopen the proceeding approving the 2024 Long Term Renewable Resources Procurement Plan (LTRRPP). The advocacy groups included Solar Energy Industries Association, the Coalition for Community Solar Access, the Illinois Solar Energy Association, and …
Read the Full ArticleThe Illinois Power Agency (IPA) recently issued two announcements relating to the 2025 Indexed REC RFP. The first announcement provided the component values that will be used to adjust the strike price for bids that opt into the one-time Strike Price Adjustment Mechanism. As discussed in PJM Flash 25-23, this price adjustment mechanism is an opt-in, …
Read the Full ArticleOn July 17, 2025, the Illinois Power Agency announced Forecast Factors that can be used for a one-time Strike Price Adjustment Mechanism as part of the 2025 Indexed REC RFP. As discussed in PJM Flash 25-23, this price adjustment mechanism is an opt-in, one-time, formula-based adjustment to the REC price, post-contract negotiation, to account for …
Continue reading “IPA announces technology-specific forecast factors for Indexed REC RFP”
Read the Full ArticleOn July 14, 2025, the Illinois Power Agency (IPA) announced the Part 2 Window for the 2025 Indexed REC RFP has opened. As discussed in PJM Flash 25-23, the IPA plans to procure up to 5,243,684 RECs from wind projects over 5 MW and hydropower projects, 666,666 RECs from solar projects over 5 MW, and 222,000 …
Continue reading “IPA announces Indexed REC RFP Part 2 window is open; Part 2 proposals due July 23”
Read the Full ArticleOn July 14, 2025, the Illinois Power Agency (IPA) announced it will host a bidder informational webcast for the Fall 2025 Block Energy and Capacity (BEC) RFP. As discussed in PJM Flash 25-27, the Fall 2025 BEC RFP includes the procurement of (i) monthly on-peak and off-peak standard block forward products for Ameren Illinois (Ameren) and …
Read the Full ArticleOn June 10, 2025, the Illinois Power Agency (IPA) announced that it will hold a third virtual workshop to gather stakeholder feedback for the IPA’s 2026 Long-Term Renewable Resources Procurement Plan on June 23 at 10 am. The IPA plans to focus discussion on the (i) RPS budget, (ii) REC portfolio, and (iii) the IPA’s …
Read the Full ArticleAs last discussed in PJM Flash 25-18, on April 23, 2025, in Docket No. QO21101186, the New Jersey Board of Public Utilities (BPU) issued an Order establishing dates, price caps, and rules for the third solicitation of the Competitive Solar Incentive (CSI) Program, a competitive procurement program that issues solar RECs for electricity produced by selected facilities. On June 2, …
Continue reading “BPU to host virtual stakeholder meeting on CSI program targets on June 12”
Read the Full ArticleOn May 12, 2025, PPL Electric Utilities (PPL) issued its July 2025 Solicitation for Alternative Energy Credits (AECs) and Long-Term Pennsylvania Solar PV AECs (AEC/LTAEC RFP). PPL scheduled a Bidder Information Webcast on May 21 at 10:00 am ET (register here). Bid qualifications are due by noon on June 5. PPL seeks to procure the following products: To participate, prospective …
Read the Full ArticleOn May 12, 2025, the Illinois Power Agency (IPA) announced it is seeking feedback on the benchmark development process for the upcoming Indexed REC procurement event. Pursuant to the 2024 Long-Term Renewable Resources Procurement Plan, and in accordance with Public Act 20 ILCS 3855 – the IPA Act and Public Act 220 ILCS 5 – …
Read the Full ArticleOn April 15, 2025, the Illinois Power Agency (IPA) announced two upcoming virtual workshops to gather stakeholder feedback in preparation for its 2026 Long-Term Renewable Resources Procurement Plan. The IPA required registration to attend both workshops and planned to release agendas prior to each session. For those unable to participate, IPA welcomed written responses or …
Read the Full ArticleThe Maryland House of Representatives Economic Matters Committee (EMC) scheduled hearings on February 20, February 21, and February 28, 2025, at 1:00 pm in Room 230 of the House Office Building to consider several renewable energy-related bills. We provide a list of said bills along with the synopsis provided by the General Assembly. The EMC …
Read the Full ArticleThe Maryland Senate Education, Energy, and the Environment (EEE) Committee scheduled a hearing on February 25, February 27, and February 28, 2025, at 1:00 pm in Room 2 of the West Miller Senate Building to consider energy-related bills, and we provide the synopsis for the bill from the General Assembly. The EEE Committee is scheduled …
Read the Full ArticleThe Connecticut Energy and Technology Committee (E&T) has posted the agenda for a public hearing the Committee will hold on February 21, beginning at noon, in Room 1B of the Legislative Office Building. The Meeting will also take place over Zoom, and be streamed on the E&T Youtube Page. The E&T Committee will take testimony …
Read the Full ArticleOn August 24, 2022, the Office of Energy Resources and the Distributed Generation Board (DG Board) issued the first draft of the 2023 Renewable Energy Growth (REG) Program proposed ceiling prices, copied in the tables below. The message included a presentation of the ceiling prices, which provides an overview of assumptions and modeling implications. SEA …
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