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Downstream Negotiation for Indexed REC Contracts

The IPA’s 2024 Long-Term Renewable Resources Procurement Plan outlined a process to further explore the issue of post-award REC delivery contract term changes for utility-scale wind and utility-scale solar projects, with a goal that an Indexed REC post-award negotiation process may be finalized for inclusion in a compliance filing within one calendar year after the Plan’s February 20, 2024 approval.

To kick off this process, the IPA invites stakeholder feedback on the scope, timeline, and content for these proposed workshops, with the goal of conducting three to five workshops starting in July running through November, targeting the finalization and filing of the proposal with the ICC by mid-February 2025.

Updates will be shared on this webpage.

  • Request for Stakeholder Feedback (June 7, 2024)
  • Announcement (May 23, 2024)
  • Post-Award Indexed REC Process Workshop I: Pain Points for Developers (without the ability to negotiate post-award)
    • Date: July 29, 2024
    • Time: 12 p.m. - 2 p.m. CT
    • Registration is required to attend this event. Register Now