Illinois HB5440 authorizes energy storage revenue bonds to fund energy storage projects.
Illinois HB5440 establishes a framework for issuing energy storage revenue bonds to finance energy storage projects. These bonds aim to support the development of energy storage facilities, which can enhance grid reliability and integrate renewable energy sources. The bill outlines the process for issuing these bonds and the allocation of bond proceeds for eligible energy storage projects.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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