PG&E Issues Its 2012 Renewables Portfolio Standard Request for Offers
At long last, PG&E finally issued its 2012 Renewables Portfolio Standard (RPS) Request For Offers (RFO). PG&E is seeking offers to procure approximately 1,000 GWh per year of renewable energy from long-term Power Purchase Agreements and Renewable Energy Credit Purchase Agreements (so they will accept offers of products that would qualify for any of the three portfolio content categories).
However, PG&E has a “strong preference” for products from projects that commence renewable energy deliveries to PG&E beginning in 2019-2020. PG&E also “prefers Offers for Product that is eligible to be counted toward Category 1 procurement for the purpose of the RPS Program.” The 2012 Solicitation Protocol can be found here.
The schedule for the RFO:
|PG&E Issues RFO||December 10|
|Deadline for Participant to submit registration for Bidders’ Webinar||December 17 by 5:00 P.M. PPT|
|Bidders’ Webinar||December 20 at 10:00 A.M.- Noon PPT|
|Deadline for Submission of Offers||January 29, 2013 by Noon PPT|
|PG&E selects shortlist||April 1, 2013|
|Execution of Final Agreements and Submit for CPUC Approval||TBD|
|PG&E 2012 RPS Solicitation Shortlist Expires||April 17, 2014|
More information, documents and schedules is available on PG&E’s website.