Bill Status of SB 1816   104th General Assembly

Short Description:  RENEWABLE ENERGY PROCUREMENT

Senate Sponsors
Sen. Bill Cunningham and Cristina Castro-Mattie Hunter

Last Action  View All Actions

DateChamber Action
  6/2/2025SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
20 ILCS 3855/1-75

Synopsis As Introduced
Amends the Illinois Power Agency Act. In provisions concerning the renewable portfolio standard for the Planning and Procurement Bureau, provides that, to ensure the successful development of new renewable energy projects supported through competitive procurements, for certain procurements, the Agency shall propose a process for post-award renegotiation of contract terms through its long-term renewable resources plan. Provides that such proposal shall allow for bilateral negotiation between the Agency and a winning bidder regarding contract terms, other than strike price and terms that impact strike price, that are not required under the Act. Provides that post-award renegotiation of competitively bid renewable energy credit prices shall be allowed only in cases where it is necessary to ensure the successful development of the underlying new renewable energy project based on circumstances that were unforeseeable at the time of the procurement event. Provides that, if, following the processes in the long-term renewable resources plan, the Agency and the winning bidder reach an agreement on amended terms or the winning bidder is entitled to a change in price, then, upon petition by the winning bidder or current seller, the Commission shall issue an order directing the utility counterparty to execute a form amendment drafted by the Agency with the revised terms or the new strike price. Provides that the Agency shall provide the amendment to the utility within 15 business days after the Commission's order and the utility buyer shall execute the amendment no more than 7 calendar days after delivery by the Agency. Provides that the Agency shall develop the form amendment following comments by interested parties. Effective immediately.

Actions 
DateChamber Action
  2/6/2025SenateFiled with Secretary by Sen. Bill Cunningham
  2/6/2025SenateFirst Reading
  2/6/2025SenateReferred to Assignments
  2/18/2025SenateAssigned to Energy and Public Utilities
  2/18/2025SenateAdded as Co-Sponsor Sen. Cristina Castro
  2/21/2025SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter
  3/21/2025SenateRule 2-10 Committee Deadline Established As April 4, 2025
  4/4/2025SenateRule 2-10 Committee Deadline Established As April 11, 2025
  4/11/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As May 9, 2025
  5/9/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
  5/23/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
  6/2/2025SenateRule 3-9(a) / Re-referred to Assignments

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