On 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 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 ArticleThe Pennsylvania House Environmental & Natural Resource Protection Committee scheduled a hearing on May 15, 2025, to consider HB 501– Pennsylvania Reliable Energy Sustainability Standard (PRESS). As discussed in PJM Flash 25-18, if enacted, this Bill would amend Pennsylvania’s Alternative Energy Portfolio Standards (AEPS) to require that Pennsylvania source 50% of its electricity “from a diverse …
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 March 31, 2025, the Pennsylvania General Assembly Senate will consider SB 349 – An Act amending Title 27 (Environmental Resources) of the Pennsylvania Consolidated Statutes, in environmental protection, providing for decommissioning of solar energy facilities. This is the bill’s second consideration. The hearing will take place at 1:00 pm (agenda) and will be streamed …
Read the Full ArticleThe Ohio Senate Energy Committee scheduled a hearing on February 5, 2025 to consider a bill related to the renewable portfolio standard (RPS). The Agenda and bill text is now available. We note that HB15 was introduced by Representative Roy Klopfenstein (R), vice chair of the energy committee, and this will be the first hearing …
Read the Full ArticleOn September 11, 2024, the Illinois Power Agency (IPA) announced that it will receive stakeholder comments on the inputs and assumptions that it uses for the “benchmark development process” for its Fall 2024 Indexed REC RFP. As discussed in PJM Flash 24-18, in accordance with its 2024 Final Long-Term Renewable Resources Procurement Plan, the IPA is seeking …
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 …
Read the Full ArticleAs discussed in Digest 87, on March 4, 2021, Green Mountain Power announced that they would buy power and RECs from Great River Hydro through a power purchase agreement for 30 years starting in 2023, subject to Public Utility Commission (PUC) approval. On March 15, 2021, the PUC issued a Notice of Hearing in Docket …
Continue reading “PUC to hold hearing on March 25 to consider PPA between GMP and Great River Hydro”
Read the Full ArticleAs discussed in Flash Update 21-2.2, on January 22, 2021, the New York State Energy Research and Development Authority (NYSERDA) issued its first Competitive Tier 2 Solicitation for existing wind and non-State-owned run-of-river hydroelectric renewable energy resources. The request for proposals (RFP) document is available here. As discussed in Flash Update 20-42, on October 15, …
Continue reading “NYSERDA releases Tier 2 RFP and hosts informational webinar; bids due February 24”
Read the Full ArticleOn January 13, 2021, Governor Cuomo gave the third part of his multi-day State of the State Address, focusing on his administration’s clean energy priorities. He presented four main areas of focus: Build enough new renewable energy to support the state’s energy needs; Develop in-state manufacturing capacity; Train a clean energy workforce and ensure environmental …
Read the Full ArticleOn October 15, 2020, the Public Service Commission (PSC) issued an Order in Case 15-E-0302 approving, with modifications, the proposals that the Department of Public Service (DPS) Staff and the New York State Energy Research and Development Authority (NYSERDA) included in the White Paper on Clean Energy Standard Procurements to Implement New York’s Climate Leadership …
Read the Full ArticleOn March 13, 2020, the General Assembly announced that it is suspending the legislative session until March 24, 2020, over coronavirus concerns. The General Assembly has also postponed the crossover deadline for certain “high-priority” bills. As discussed in Flash Update 80.2, the crossover deadline (previously March 13) is the date by which all bills must …
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