CleanTechnica•7 days ago
Illinois Passes Clean Energy & Storage Bill Expected to Save Residents $13 Billion
Key Takeaway
Illinois' new clean energy and storage bill creates a favorable policy environment for renewable energy developers and promises significant cost savings for electricity consumers in the state.
AI Summary
- •Illinois passed the 'Clean and Reliable Grid Affordability Act,' a new policy boosting clean and renewable energy sources.
- •The legislation includes provisions for energy storage, indicating a growing market for battery and other storage solutions.
- •The act is projected to save Illinois residents $13 billion on electricity bills, suggesting potential market and price impacts for large power consumers.
- •This represents a significant regulatory shift in Illinois (MISO territory) favoring clean energy development and deployment.
Topics
solarwindstoragepolicyemissionsmiso
Article Content
We’ve written a few times about a piece of legislation in Illinois that was expected to give a boost to clean, renewable energy sources while also helping to save Illinois residents money on their electricity bills. That would be the Clean and Reliable Grid Affordability Act, and it was passed ... [continued] The post Illinois Passes Clean Energy & Storage Bill Expected to Save Residents $13 Billion appeared first on CleanTechnica .