RECs RFP June 2020
For this June 2020 RFP, PacifiCorp seeks cost-competitive bids for renewable energy credits (RECs) that can be used to meet its customers’ needs. PacifiCorp is seeking the following REC product type:
- WECC, Green-e eligible unbundled RECs from a wind or solar Generating Facility with a commercial operation date on or after January 1, 2007.
- Preference is for RECs being sourced from newer facilities with newer on-line dates.
- Owner of Generating Facility must submit, or will have submitted, a “Green-e Energy Attestation from Generator Participating in a Tracking System” form to Green-e and have Green-e’s acceptance of the form.
- Resource location preference is from states served by Pacific Power or Rocky Mountain.
- Other states still within WECC will also be considered.
- Eligible REC Vintage Period is from July 1, 2019 through December 31, 2020.
- Minimum amount of RECs bid by a prospective seller should not be less than 5,000 RECs.
- Delivery: RECs will be transferred via the Western Renewable Energy Generation Information System (“WREGIS”) in the first quarter of 2021.
Bidder(s) should provide PacifiCorp a completed Bid Response Form (Exhibit A), via email to contact below, by due date of Friday June 26, 2020 at 5:00 p.m. Pacific Prevailing Time.
Schedule: The indicative schedule for the June 2020 RECs RFP, subject to change, is shown below.
MILESTONE |
DATE |
DAY OF WEEK |
PacifiCorp issuance of RFP |
June 12, 2020 |
Friday |
RFP proposals due |
June 26, 2020 |
Friday |
Evaluation completed. Bidders notified if they have been selected for negotiation of an Underlying Agreement |
July 6, 2020 |
Tuesday |
Target date to complete negotiations, obtain all approvals and execute an Underlying Agreement |
July 17, 2020 |
Friday |
PacifiCorp is not bound to accept any bids, and may cancel this solicitation at any time and at its own discretion.