2024 RFPs
Indiana Michigan Power is procuring up to 4,000 MW of generation resources across four separate RFPs by the 2029/30 planning year to meet near-term load growth. The utility is sourcing a diverse portfolio including intermittent resources (wind, solar, hybrid), non-intermittent thermal generation, battery energy storage systems, and supplemental capacity products, with selections anticipated from each RFP category.
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AI Overview
I&M has issued Requests for Proposals ("2024 RFPs") which seeks to secure up to 4,000 MW of generation resources by the 2029/30 capacity planning year to support I&M's capacity and energy needs in response to new load growth. Under the RFPs, I&M seeks a diverse portfolio of resources to support the timing and energy and capacity characteristics associated with near term load expectations. To fulfill this need, I&M will be issuing separate RFPs to provide for a targeted approach to generation portfolio diversity. I&M anticipates selection from each of the RFPs. The RFPs are divided into four categories: RFP 1 – Intermittent Resources (i.e., wind, solar, hybrid), RFP 2 – Non-intermittent Resources (thermal), RFP 3 – Storage Resources (BESS), RFP 4 – Supplemental Capacity (capacity products and emerging technologies).
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