TerraPass Issues California Renewable Energy RFI
TerraPass Inc., recently issued a Request for Information (RFI) on behalf of a client that is interested in ownership, investment and/or long-term bundled renewable energy offtake opportunities within PG&E territory. The RFI seeks information from firms with renewable energy projects that are currently under development or construction in California and have projected online dates in 2014 or 2015. TerraPass' client will consider a project or portfolio of projects with expected generating capacity of up to 230 million kilowatt-hours per year.
TerraPass' contact for this RFI is Erin Craig, who can be reached at 415-644-578. We understand that the deadline for the RFI response is October 26.
SCE and SDG&E Announce 2012 RAM 2 RFOs
On April 30, 2012, SCE announced the launch of its second Renewable Auction Mechanism (RAM) RFO (RAM 2). SCE's RAM program is open to all RPS eligible technologies not greater than 20 MW and interconnected within any of the service territories of SCE, Pacific Gas & Electric or San Diego Gas & Electric. The RAM RFO will be conducted using the RFO website provided by Accion Group, the independent evaluator for the RAM 2 RFO. According to SCE, Interested parties should visit the RFO website for more information, to submit an Offer, or to ask a question. On May 11, 2012, SCE will host a RAM Program Forum at the SCE office in Rosemead. More information can be found on the RFO website. .
SDG&E announced its RAM 2 RFO on May 1, and the details can be found here. SDG&E notes that its RAM program is designed to procure a total of 155 MWs over the course of four solicitations. The company's first RAM solicitation, held in November of 2011, resulted in the procurement of 15 MWs, leaving 140 MWs to procure over the course of the next three solicitations. In the RAM 2 solicitation, SDG&E intends to procure 45 MWs pursuant to 10, 15 and 20-year RAM Power Purchase Agreements (PPAs) with independent power producers. SDG&E plans to hold one pre-bid conference on May 7, 2012 from 1:00 PM to 5:00 PM in San Diego-- instructions for registering can be found on SDG&Es RAM 2 web page.
PG&E announced yesterday that it planned to issue its RAM 2 RFO today. Details can be found on PG&E's RAM 2 website.
For a discussion of changes to the RAM process recently approved by the CPUC, see Allison Cook's recent blog on the topic.
PG&E Announces 2012 RAM RFO
PG&E announced today that it expects to issue its Renewable Auction Mechanism (RAM) RFO on May 1, 2012. Offers under the RAM RFO will be due no later than 12:00 noon (PPT) on May 31, 2012.
PG&E will host a Bidders’ Conference at the company's headquarters on May 16, 2012, from 1:30 PM to 3:00 PM. The Bidder's Conference will also be available via Webinar. Attendees are required to register for the Bidders' Conference.
Following the Bidders’ Conference, PG&E will hold a Bidders’ Forum. The Forum will cover survey results and lessons learned from the first RAM RFO. It will also address the valuation of resource adequacy and proposals to address excess transmission costs.
For more information and program specifics, visit PG&E’s website.
The CPUC recently implemented some changes to the RAM program--see Allison Smith's recent blog entry for details.
PG&E Announces 2012 PV PPA RFO
Pacific Gas & Electric Company (PG&E) announced yesterday that it had issued its 2012 Photovoltaic Program Power Purchase Agreement Request for Offers (“PV PPA RFO”). PG&E seeks to procure PPAs for 50 MW of new photovoltaic resources to be located in PG&E’s service territory.
Copies of the solicitation protocol and related information and materials are now available on PG&E’s website . In its announcement, PG&E advises prospective bidders to "use the current versions of the documents when submitting an offer for this RFO." Offers are due by May 3.
PG&E will host a Participants’ Webinar on April 11 from 10:00 AM to 12:00 PM Pacific time. To register for the Webinar, complete the Webinar Registration Form and return it to PVProgram@pge.com by April 6, 5:00 PM PPT.
For information or questions about PG&E’s 2012 PV PPA RFO, please email PVProgram@pge.com.
CPUC Approves 500 MW PG&E Program
The California Public Utilities Commission ("CPUC") has given the green light to a five-year solar photovoltaic program to develop up to 500 MW of solar PV facilities in Pacific Gas and Electric Co.'s ("PG&E") service area.
The program is designed to allow PG&E and third parties to develop PV facilities:
- Under the utility-owned part of the program, PG&E may install up to 250 MW of PV facilities over 5 years, at a rate of 50 MW per year. Each facility will have between 1 and 20 MW of capcity and will be located in PG&E's service area. The CPUC has allocated up to $1.454 billion for capital costs which will be adjusted if PG&E develops less than 250 MW over the five-year duration of the PV program. PG&E will solict competitive bids for the construction of the facilities, which it will own and operate.
- Under the third-party-owned part of the program, PG&E can solicit energy from up to 250 MW of PV facilities which located in PG&E's service area and which are owned by third parties - same size and annual installation restrictions apply. Pricing for this portion will be based on competitive bids, with the successful bidders entering into a 20-year power purchase agreement with PG&E.
In an effort to secure good rates, CPUC is requiring PG&E to use an independent evaluator to review the bids on both parts of the program.
PG&E built a 2 MW pilot project in Vacaville, CA to demonstrate the viability of this program. The CPUC decision allows PG&E to recover the costs of construction the pilot project.
