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Energy Storage Legislation to Watch
HB0587 was approved and sent to the Illinois governor for his signature.
The law if signed directs ICC to host this workshop series to develop an initial process and model contract for the procurement of stand-alone utility-scale energy storage resources and directs Staff to submit a report to the Governor, Legislature, and ICC. Staff expects to hold five workshops.
The bill was sent to the governor for signature on January 22, 2025. The bill would require the workshop process to be initiated by February 1st, 2025.
This legislation makes several energy-related policy changes including:
- a new battery energy storage solution facility could receive an economic development designation as a “High Impact Business” which would give the business (e.g., the qualifying battery facility) access to certain tax credits and tax exemptions.
- modifies the existing requirement that large investor-owned utilities provide a rebate to the owner or operator of distributed generation, including third-party owned systems, by allowing interconnection of the DER through more than one inverter.
- allows existing energy storage devices that are interconnected behind the same retail customer meter as a DER resource to be eligible for an existing rebate from the utility, regardless of whether they were interconnected before or after this legislation takes effect; and
- directs the ICC to initiate a workshop process no later than 2/1/25 to develop an initial forward storage procurement process and model contract for the procurement of utility-scale energy storage resources. The goal is to develop an effective initial procurement of no more than 1,500MW of utility-scale stand-alone energy storage resources for the Illinois Power Agency to undertake by the end of 8/25.
To follow this matter, see workshops link below:
Illinois Informal-Processes/Storage-Workshops
