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Joint RFO For Carbon Free Energy With Storage: Timeline And Process.pdf

2017JointRFO_BiddersWebConference_Sep28 2017.pdf
Preview of Joint RFO for Carbon Free Energy with Storage: Timeline and Process
🔗 Source: svcleanenergy.org
📊 Size: 1.1 MB
👤 Author: Dennis Dyc-O'Neal
⬇️ Downloads: 43

Summary

The 2017 Joint Request for Offers (RFO) seeks proposals for carbon-free energy with storage from bidders to supply Silicon Valley Clean Energy (SVCE) and Monterey Bay Community Power (MBCP). The process involves several stages:


Agenda:

RFO Process & Timeline Overview
 Products and Requirements
Offer Evaluation
 Credit Requirements
Required Document Submission
 Short-listed Offers Procedures
Communication Channels

RFO Process:

1. Issuance & Q&A: The RFO was issued on September 15, 2017, with a question deadline until the submission cutoff.
2. Offers Due: Bidders must submit offers by October 13, 2017, 5:00 PM PT, including required documents.
3. Offer Review: SVCE and MBCP will evaluate offers based on qualitative and quantitative criteria, identifying short-listed proposals (one or both entities may select offers based on contract quantity).
4. Negotiations & Execution: SVCE and MBCP will negotiate PPAs with selected bidders, aiming to execute agreements by November–December 2017.

Timeline:

September 15: RFO Issuance
September 28: Bidders Web Conference
 October 13: Offer Deadline
Late October - Early November: Offer Review, Short-listing, Board Approval, Notification
 7 Days After Notification: Offer Deposits Due (Short-listed Bidders)
* November - December: Negotiations and PPA Execution

Goals:

SVCE and MBCP aim to secure long-term PPAs for up to 700 GWh per year of carbon-free energy, along with energy storage services, from renewable generation facilities.

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Description

A joint request for offers (RFO) for carbon-free energy with storage is being held on September 28, 2017 at 2 PM PPT. The process involves an RFO issuance, question period, offer submission by October 13, evaluation, and potential negotiations for selected proposals.

Technical Information

  • File Format: PDF
  • File Size: 1.1 MB
  • Pages: 12
  • Language: EN
  • Author: Dennis Dyc-O'Neal
  • Total Downloads: 43
  • Last Updated: 1 week ago

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