Illinois to shut down all fossil fuel plants by 2045 and invest $ 580 million annually in renewable energy


In today’s Electek Green Energy Brief (EGEB):

  • The governor of Illinois has signed a bill that makes the state a U.S. leader in clean energy.
  • Here is the Democrats’ plan for clean electricity in the $ 3.5 trillion infrastructure bill.
  • UnderstandingSolar is a free service that connects you with the top rated solar installers in your area for personalized solar estimates. Tesla now offers price matching, so it’s important to research the best quotes. Click here to find out more and get your quotes. – * a d.

Illinois’ clean energy bill

Update September 15: Governor JB Pritzker today signed the Climate and Fair Employment Act. In the newly enacted bill, the Prairie State coal-fired power plant will have to reduce its emissions by 45% by 2038 and shut down completely by 2045.

A bipartisan majority at Illinois House voted (83 yes to 33 no) to pass the Climate and Fair Employment Act (SB2408).

Governor JB Pritzker (D-IL) will sign tomorrow the historic clean energy bill that will shut down all fossil fuel plants in the state by 2045. He is also setting more ambitious targets for the dirtiest factories and those of environmental justice communities.

Here are the highlights of the Clean Energy and Energy Efficiency Bill:

  • Invests $ 580 million annually to increase Illinois’ clean energy 9% to 50% by 2040, creating thousands of new jobs
  • Community solar programs grow from $ 10 million per year to $ 50 million per year
  • Save the nation’s solar industry that was booming before the economic downturn caused by the pandemic
  • Saves hundreds of millions of dollars per year by increasing energy efficiency, especially in low income weatherization programs, reducing the energy burden on underprivileged communities
  • Expands labor standards in clean energy projects statewide

The bill also addresses issues related to equity, the accountability of public services and a just transition. On the transportation side, $ 78 million per year will be spent over the next decade on electric transportation, of which 45% of the benefits will go to low-income communities.

Read more: Lion Electric to Build Largest All-Electric Medium and Heavy Utility Vehicle Plant in the United States

Clean electricity performance program

Late last week, America’s Democrats announced details of a $ 150 billion clean electricity plan in their $ 3.5 trillion infrastructure bill. Here’s how it would work, in a nutshell [via Reuters]:

The system would reward utilities that increase their electricity production from low-emission sources like solar, wind and hydro, and penalize those that do not, according to a document released by the House Committee on energy and trade outlining key provisions to be included in a $ 3.5 trillion budget reconciliation invoice.

Under the so-called Clean Electricity Performance program, which would run from 2023 to 2030, utilities would receive payments from the Department of Energy if they increased clean energy supply by 4% per year, according to the document. .

The $ 150 per megawatt hour subsidy would apply to all clean electricity produced by an eligible utility in excess of 1.5% of the previous year’s clean electricity supply.

Electricity is considered clean if it does not generate more than 0.1 tonnes of carbon dioxide equivalent per MWh, according to the document, a threshold that effectively excludes electricity produced from natural gas.

And in addition to the carrot, there is also the stick: if an electricity supplier does not meet the 4% target, it will owe $ 40 per MWh for the shortfall.

Electricity generation generates the second largest share of greenhouse gas emissions in the United States, at 25%. The transportation sector generates the largest share of greenhouse gas emissions, at 29%, according to the United States Environmental Protection Agency (EPA).

Photo: “Illinois Wind Farm along Chicago Rd 2” by weslowik is licensed under CC BY-ND 2.0

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