1803 Electric Cooperative, Inc. 2019 RFP for Long-Term Capacity and Energy Resources

1803 Electric Cooperative, Inc. issued a comprehensive long-term Request for Proposals to procure capacity and energy resources to serve five member cooperatives in Louisiana. The RFP seeks to establish power supply contracts covering approximately 1,000 MW of total capacity needs, with contract terms beginning April 1, 2025, for some members and January 1, 2026, for others. The procurement includes baseload, intermediate, and peaking capacity as well as load-following and energy-only products.

Bidders may submit proposals for various product types including non-renewable designated generation resources (minimum 25 MW), renewable designated generation resources, energy storage resources, full-requirements obligations, partial-requirements obligations, energy-only blocks, capacity-only products, and call option products. Proposals are evaluated using specific Power Purchase Agreement Evaluation Forms (Appendices B-1 through B-6). The RFP follows a two-phase process: Phase 1 involves initial screening and selection of proposals for further evaluation, while Phase 2 requires detailed pricing and contract terms from advancing bidders.

Key dates include Bidder Registration deadline of February 19, 2020, Phase 1 Proposal submission deadline of May 29, 2020 (5:00 p.m. CPT), notification of Phase 1 Round 1 results as early as December 18, 2020, and Phase 2 bidder notifications no sooner than January 22, 2021. The RFP is administered by Alliance for Cooperative Energy Services (ACES) under Louisiana Public Service Commission oversight. Technical and Bidders Conference was held on January 16, 2020. All bidders must execute a Confidentiality Agreement and maintain confidentiality of proprietary information. Proposals are evaluated based on expected cost, volatility, market risk, reliability, and other factors including basis modeling, ARR values, and energy management costs.

The RFP website at acespower.com/1803ltrfp2019/ contains all required documents, updates, and responses to bidder questions. A telephone hotline at (317) 344-7177 is available for technical support regarding electronic registration and proposal submission.