Illinois Renewable Resources Procurement Plan aims to boost renewable energy development

By Paul Dvorak This article comes from Energy Business Law Blog at McDermott Will & Emery and is authored by Joel A. Hugenberger and William M. Friedman
Joel A. Hugenberger and William M. Friedman.
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

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