Bill Status of SB1587 103rd General Assembly
Short Description: POWER AG-ENERGY CREDIT TARGET
Sen. Bill Cunningham - David Koehler
| 5/26/2023||Senate||Rule 3-9(a) / Re-referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Power Agency Act. Makes legislative declarations and findings regarding the deployment of energy storage systems. Makes it a goal of the Illinois Power Agency to include implementing procurement of energy storage credits to cost-effectively deploy contracted energy storage systems. Provides that the Agency is authorized to conduct competitive solicitations to procure contracted energy storage credits sufficient to achieve, at minimum, certain energy storage standards. Provides that the Agency has the power to request, review, and accept proposals, execute contracts, and procure energy storage credits. Provides that the Agency shall develop a storage procurement plan that results in the electric utilities contracting for energy storage credits from contracted energy storage systems in specified amounts. Provides that within 90 days of the effective date of the amendatory Act, the Agency shall develop an energy storage procurement plan. Provides that for all procurements of energy storage credits, the Agency shall direct respondents to offer a strike price. Provides that all procurements under these provisions shall comply with the geographic requirements of the Act and shall follow the procurement processes and procedures described in the Act and the Public Utilities Act. Authorizes the Agency to develop and implement a firm energy resource procurement plan. Provides that no later than December 31, 2026 and every 2 years thereafter, the Agency shall conduct an analysis to determine whether the contracted quantity of energy storage in energy storage capacity and energy storage duration is sufficient to support the State's renewable energy standards and carbon emission standards. Defines terms. Makes corresponding changes in the Public Utilities Act. Effective immediately.
|Date||Chamber|| Action|| 2/8/2023||Senate||Filed with Secretary by Sen. Bill Cunningham|| 2/8/2023||Senate||First Reading|| 2/8/2023||Senate||Referred to Assignments|| 2/14/2023||Senate||Assigned to Energy and Public Utilities|| 2/14/2023||Senate||Added as Chief Co-Sponsor Sen. David Koehler|| 3/10/2023||Senate||Rule 2-10 Committee Deadline Established As March 24, 2023|| 3/23/2023||Senate||Rule 2-10 Committee Deadline Established As March 31, 2023|| 3/31/2023||Senate||Rule 3-9(a) / Re-referred to Assignments|| 5/19/2023||Senate||Re-assigned to Energy and Public Utilities|| 5/19/2023||Senate||Rule 2-10 Committee/3rd Reading Deadline Established As May 19, 2023|| 5/19/2023||Senate||Senate Committee Amendment No. 1 Filed with Secretary by Sen. Bill Cunningham|| 5/19/2023||Senate||Senate Committee Amendment No. 1 Referred to Assignments|| 5/19/2023||Senate||Rule 2-10 Committee Deadline Established As May 25, 2023|| 5/24/2023||Senate||Senate Committee Amendment No. 1 Purusant to Senate Rule 3-8 (b-1), the following amendments will remain in the Committee on Assignments.|| 5/26/2023||Senate||Rule 3-9(a) / Re-referred to Assignments|