• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Corporate News
  • Generation
  • Oil & Gas
  • Regulation
  • Renewable
    • Climate
    • Solar
    • Wind
  • Storage
  • Tech
  • T & D
Energy News Desk Logo

Energy News Desk

Energy News and Data

The IPA Ends Illinois’ Renewable Energy Incentives

December 16, 2020 by NA Windpower

The Illinois Power Agency (IPA) has ended all of Illinois’ renewable energy incentives, effectively dismantling the state’s renewable energy program. 

The renewable energy program, which launched in late 2017, provided financial incentives to the owners of solar and wind energy systems and was the main driver behind the rapid growth in renewable energy jobs and installations in recent years. The end of incentives will force thousands of layoffs at renewable energy businesses. IPA’s announcement also means that Illinois will fall far short of its policy requirement of 25% renewable energy by 2025 unless new legislation passes.

The program for residential solar in northern Illinois closed on Dec. 15. The IPA announced the close of the solar program in central and southern Illinois on Dec. 4. Incentives for utility-scale wind and solar, community solar and commercial-scale solar were already exhausted before then.

“Illinois had become a hub for clean energy businesses, but now all of that is at risk,” says Sen. Bill Cunningham (D-Chicago). “As we look to emerge from the depths of the pandemic we must work urgently to save these jobs, properly fund clean energy programs and create growth.”

Clean energy advocates have been warning for more than two years that the state’s clean energy program would run out of funding. In response, a coalition of renewable energy businesses introduced the Path to 100 Act in early 2019 to address the problem, but the bill has yet to be called for a vote.

When funded through the Future Energy Jobs Act, Illinois’ renewable energy program helped the state more than double its renewable energy installations in under three years and enabled homeowners, schools and businesses in every part of the state to lock in long-term energy savings. Illinois was among the top states for solar job growth in 2018 and 2019 but lost an estimated 3,500 jobs this year as incentives dried up for large-scale and commercial renewable energy projects.

To date, Illinois has only reached 8% renewable energy generation despite statutory requirements to reach 25% by 2025. More than 1,000 solar projects that applied for state incentives have been “waitlisted” due to lack of funding. As Illinois seeks to restore its economy from the impacts of the pandemic, these projects are shovel-ready and will move forward once legislation passes to restore renewable energy incentives.

Path to 100 is supported by renewable energy organizations working to create jobs in Illinois. For more information on Illinois’ Path to 100 Act, click here.

Photo Source

Original source: North American Wind Power

Filed Under: Renewable, Wind

Primary Sidebar

Join The Daily Charge

This week's top 5 stories in your inbox. No spam ever.

Trending

  • This Arkansas school turned solar savings into better teacher pay
  • Offshore Wind Market for Jack-Up Interventions on the Rise
  • Canadian Solar Closes Supply Contract with Goldman Sachs Renewable Power
  • Van Oord Installs the First Slip Joint Foundation
  • Nestle Waters North America Planning to Construct Maine Solar Installation
  • National Grid Launches New Renewable Energy Brand
  • Anumar Names Delta as String Inverter Supplier for German PV Project
  • ​DOE Funds GE Research to Accelerate Wind Generator Development
  • Total, GIG Joint Venture Secures Rights to U.K. Seabed Lease
  • Siemens Gamesa Renewable Energy Names New Onshore CEO

Footer

Trending

  • This Arkansas school turned solar savings into better teacher pay
  • Offshore Wind Market for Jack-Up Interventions on the Rise
  • Van Oord Installs the First Slip Joint Foundation
  • Canadian Solar Closes Supply Contract with Goldman Sachs Renewable Power
  • Siemens Gamesa Renewable Energy Names New Onshore CEO

Recent

  • Stem Provides Smart Energy Storage Solutions to Today’s Power
  • EIA's AEO2021 shows U.S. energy-related CO2 emissions rising after the mid-2030s
  • Homeowners associations still a barrier for some would-be solar customers
  • Commentary: With open standards, U.S. can build EV charging infrastructure faster
  • Vestas Unveils 15 MW Offshore Wind Turbine

Search

Contact Us

Write For Us

  • Email
  • Facebook
  • Twitter

Copyright © 2021 · EnergyNewsDesk.com