2020 Tree Mortality Non-Bypassable Charge RPS REC Sale Request for Offers (RFO)
SDG&E is selling bundled renewable energy and Portfolio Content Category 1 (PCC 1) RECs from a BioRAM resource, with volumes reaching 75,000 MWh in 2020 and up to 175,000 MWh annually through 2024, deliverable to NP-15 EZ Gen Hub. Contracts run 1 to 5 years with delivery starting no earlier than September 2020, open to financial institutions, energy service providers, utilities, and wholesale power marketers. Minimum purchase is 10,000 MWh.
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AI overview
SDG&E is issuing a Request for Offers seeking proposals from third parties (Respondents) interested in purchasing bundled renewable energy from a BioRAM resource under contract with SDG&E. The RFO solicits proposals to sell bundled renewable energy or Portfolio Content Category 1 (PCC 1) energy plus renewable energy credits, defined as energy plus environmental attributes from renewable generation facilities with first point of interconnection within a California Balancing Authority (CBA), or facilities that directly schedule electricity into a CBA on an hourly or sub-hourly basis. The bundled energy product is derived from resources that meet California Renewables Portfolio Standard (RPS) eligibility criteria set forth by the California Energy Commission (CEC). This RFO solicits bids from financial institutions, energy service providers, utilities, municipal utilities, industrial end users, wholesale power marketers, and any other entity that would have a need to purchase bundled renewable energy. Acceptable product type is PCC1 RECs (Bundled Energy Product) with minimum term of 1 year and maximum term of 5 years. Delivery start date no earlier than September 2020. Point of delivery is NP-15 EZ Gen Hub. Minimum total contract volume is 10,000 MWh (As Available). Maximum total contract volume is approximately 75,000 MWh (As Available) for 2020 and 175,000 MWh (As Available) per year for 2021-2024.
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Proposal Document
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