Nevada utility NV Energy is seeking proposals to secure 400 to 600 MW of long-term firm capacity and energy resources for its customers, beginning in 2020.
The new RFP for 400-600 MW (firm capacity) is open to conventional and renewable energy resources and can include an asset acquisition, tolling agreement or toll with a purchase option. The resources are needed beginning in summer 2020, and the new request for proposals (RFP) is intended for summer-peak planning capacity.
This RFP is separate from the company’s solicitation issued in October for 350 MW (nameplate capacity) of renewable energy.
According to the utility, this “2019 Open Resource Request for Proposals” also provides bidders the opportunity to propose stand-alone energy storage systems where the minimum Planning Capacity is 25 MW sustainable for a minimum of four hours.
Details can be found in the 2019 Open Resource RFP Protocol Document, but key highlights are:
- Deadline for bids is 5:00 p.m. (PST), Monday, February 11, 2019;
- This proposal requests 400 to 600 megawatts of non-technology-specific firm capacity and energy resources;
- Proposals are for a three year term beginning in 2020;
- Proposals can include an asset acquisition, tolling agreement or a toll with a purchase option;
- Projects must be capable of delivering energy to serve load in NV Energy’s retail service territory;
- Specific proposal product types are described in the 2019 Open Resource RFP Protocol Document;
- Agreements may require approval from the Public Utilities Commission of Nevada; and
- Project proposals must allow for energy delivery starting June 1, 2020.
Aligned with legislative and regulatory guidance, NV Energy will evaluate the proposals based on price and specific non-price factors. The winning projects may require approval of the Public Utilities Commission of Nevada, says NV Energy.
Additional details can be found here.