PORTLAND, Ore. — Pacific Power’s parent company, PacifiCorp, announced today that it is seeking to purchase tradable renewable
credits ("Green Tags") as well as retail marketing services (RMS) to serve the needs of customers who choose the company’s
Renewable Usage or Environmental Mitigation portfolio options under Oregon's electric restructuring.
The two usage-based renewable resource options have been available to Oregon residential and small nonresidential customers
since March 1, 2002. A total of 10,581 customers were enrolled in these two programs as of May 1, 2003
PacifiCorp estimates that customer demand for the Renewable Usage and Environmental Mitigation options to be between 100,000
and 150,000 MWh per year, including load from Oregon customers currently enrolled. Demand over the past 12 months averaged
5,800 MWh per month.
PacifiCorp also offers a new wind power purchase program called Blue Sky. Under the Blue Sky option, which is also known as
the Fixed Renewable option, a customer purchases 100% "new" renewable resources in fixed 100 kWh block increments. PacifiCorp
has offered this option to customers since April 2000, and continues to procure supply, market, and administer this program
under the renewable resource portfolio.
Bids are solicited to supply Green Tags and RMS for the Renewable Usage and Environmental Mitigation options for the period
January 1, 2004 through December 31, 2006.Bids may be submitted for the blended renewable product option, the habitat restoration
option or both. The company also is seeking associated retail marketing services for the environmentally friendly portfolio
options.
Green Tags are a simple means to deliver the benefits of green power to customers without having to provide transmission and
other utility services. Green Tags are the separated "nonpower attributes" of generating with renewable power (such as avoided
emissions of substances to air, soil and water). A purchase of green tags provides essential financial resources for a new
wind project, as tags cover the above-market cost of the power. The concept represents a cost-effective way to deliver the
value of renewable energy into the utility system.
With respect to the Renewable Usage and Environmental Mitigation options, under the Environmental Mitigation option customers
make an additional $2.50 monthly donation to support salmon habitat restoration. This donation currently goes to the Pacific
Salmon Watershed Fund, an Oregon-based non-profit organization dedicated to the restoration of native salmon habitat, which
is operated by For the Sake of the Salmon.
Green Tags must meet renewable resource standards for the blended and habitat restoration options as adopted by the OPUC.
PacifiCorp is seeking resources that meet the Oregon Senate Bill 1149 definition for New Renewable Resource Power and Renewable
Resources requirements.
PacifiCorp must receive all proposals on or before 2:00 p.m. on Thursday, July 3, 2003. Bidders will be screened based on
responsiveness to the requirements, creditworthiness, market experience and demonstrated ability to provide adequate verification
to PacifiCorp of Green Tag authenticity and benefits to PacifiCorp. The bids will be evaluated and scored using a system that
weighs factors such as overall price, appeal to customers, risks, quality of marketing services and experience. It is anticipated
that a selection will be made by July 21, 2003.
PacifiCorp will provide the OPUC with documentation regarding the evaluation process and scoring used to determine the winning
bid. The information will be subject to appropriate confidentiality.
Click here to download the PDF
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For RFP inquiries, contact Ken Dragoon at PacifiCorp, 503.813.5326 or e-mail ken.dragoon@pacificorp.com
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Media inquiries:newsdesk@pacificorp.com