2024 Renewable Energy Credits (RECs) Reverse RFP

PacifiCorp is interested in offering 2023 through June 2025 vintage RECs (unbundled and or bundled).  

Certain offered RECs, from eligible renewable resources shown in the attached RFP document, have the following characteristics: 

  • Are generated by a resource eligible for Washington or Oregon RPS,
  • Are generated by a resource eligible for Green-e National Standard,
  • Are generated by a resource that has been certified by the California Energy Commission as an RPS-eligible resource,
  • May be delivered in a structure that conforms to the definition and attributes required for compliance with the California Renewables Portfolio Standard Program as codified at California Public Utilities Code Section 399.11 et seq., and any decisions by the California Public Utilities Commission (“CPUC”) related thereto
  • Are generated by a resource having obtained California RPS LORS Certification.   “LORS Certification” means certification by the CEC of an electric generation facility not located within the state of California that such facility meets California’s environmental quality laws, ordinances, regulations, and standards as set forth in the CEC’s RPS Eligibility Guidebook.

Bidder(s) should provide PacifiCorp a completed Bid Response Form (Exhibit A), via email to contact below, by due date of Wednesday June 19, 2024 at 1:00 p.m. Pacific Prevailing Time.  

RFP-REC@pacificorp.com
CC: Marcie.Hundis@pacficorp.com

Schedule: The indicative schedule for the Summer 2024 RECs Reverse RFP, subject to change, is shown below.

MILESTONE

DATE

DAY OF WEEK

PacifiCorp issuance of RFP

June 4, 2024

Tuesday

Questions due from interested Bidders

June 11, 2024

Tuesday

RFP proposals due

June 19, 2024

Wednesday

Evaluation completed. Bidders notified if they have been selected for negotiation of an Underlying Agreement

July 12, 2024

Friday

Complete negotiations, obtain all approvals and execute an Underlying Agreement

August 9, 2024

Friday

PacifiCorp is not bound to accept any bids and may cancel this solicitation at any time and at its own discretion. 

        Summer 2024 PacifiCorp RECs Reverse RFP

        Bid Submittal Form

Summer 2024 RECs Reverse RFP Questions & Answers