Expired
RFP

2023 All-Source RFP

Portland General Electric (PGE) OR

Important Dates

Deadline

Mar 22, 2024 12:00 PM

Deadline passed

Published

Feb 2, 2024

AI Overview

Portland General Electric (PGE) is conducting an All-Source RFP to procure energy and capacity resources to meet long-term needs identified in PGE's 2023 Clean Energy Plan and Integrated Resource Plan (CEP/IRP) action plan. The RFP seeks approximately 753 MWa of renewable resources for all cost-of-service customers (aligned with CEP/IRP target of 251 MWa annually for 2025-2027) and up to 100 MW of renewable resources for the Green Energy Affinity Rider (GEAR) program. PGE is also seeking non-emitting dispatchable resources to meet remaining capacity needs identified in the acknowledged CEP/IRP action plan. Renewable resources must be RPS eligible and include all environmental attributes including Renewable Energy Certificates (RECs). Non-emitting dispatchable resources must be capable of being dispatched at specified times when called upon by PGE and qualify for the Investment Tax Credit (ITC). Examples include pumped hydro, lithium-ion battery storage, and geothermal resources. The RFP considers physical purchases through Power Purchase Agreements (PPAs) as well as ownership structures including acquisition of development rights, joint ownership, and build-own-transfer agreements. Projects must be online by December 31, 2027, with the exception of long lead time resources which must be online by December 31, 2029. Bidders may propose multi-phase projects. The minimum project size is 3 MW for solar resources and 10 MW for all other resources including storage. Agreement terms range from 15 to 30 years for PPAs. The RFP is designed to support PGE's commitment to reduce emissions by 80% by 2030 while maximizing customer affordability and ensuring reliable system operation. Bates White, an independent third-party evaluator approved by the Oregon Public Utility Commission (OPUC), will monitor the entire solicitation process to ensure compliance with competitive bidding rules and consistent, impartial evaluation of all bids.

Resources & Contact

Solicitation Number

2023 All-Source RFP