OG&E 2026 All Source RFP

Oklahoma Gas and Electric Company (OG&E), a subsidiary of OGE Energy Corp., issues this All Source Request for Proposals to solicit offers for power supply generation resources that provide SPP Accredited Capacity. Each bid must offer a minimum of 100 MW of seasonal accredited capacity with no maximum, and capacity must be available by March 15, 2032 (preference for earlier dates). Resources must be capable of at least four consecutive hours of run time per SPP OATT Attachment AA. Eligible contract types include Capacity Purchase Agreements (CPA), Power Purchase Agreements (PPA) with a maximum duration of 10 years, and Purchase and Sale Agreements (PSA) where OG&E acquires the asset. All generation technologies qualifying as accredited capacity are allowed, with a statutory preference for natural gas-fired resources. Single resource and combination bids are permitted. Interconnection must be within SPP in Oklahoma or Arkansas, with preference for OG&E's service area. Bids must have an SPP Generation Interconnection Application submitted by December 31, 2025, an executed GIA, or utilize OG&E Surplus Interconnection (available at five existing OG&E plant sites for PSA bids only). OG&E also intends to self-bid into the RFP.

Submission requires a Notice of Intent to Bid by May 14, 2026, a signed Mutual Nondisclosure Agreement, and a non-refundable bid fee of $10,000 per bid (plus $1/kW for selected projects). Bids must be sent electronically to 2026AllSourceRFPBids@oge.com by the bid due date of May 20, 2026. Each bid must include a comprehensive narrative covering technology description, O&M plan, risk mitigation (weather, cyber, physical), ownership and financing details, local economic and environmental impacts, siting and permitting status, interconnection plan, project schedule, organization and management, and developer experience. Required forms include the Bid Summary Form (Appendix C), Certification and Authorization Form (Appendix D), and Bid Attribute Forms (Appendix E), plus a redlined version of the applicable Form Agreement (CPA, PPA, or PSA). For PSA bids, exceptions to Technical Specifications must be documented. A Technical Conference was held on February 12, 2026; materials are posted on the RFP website.

Evaluation proceeds in three stages. The Threshold Evaluation verifies compliance with minimum requirements: interconnection status, site control (ownership or lease), experience with at least two similar projects, financial capability, risk mitigation plans, completeness, and unconditional bids. The Qualitative Evaluation (40% weight) assesses: Contract Risks, Costs, and Benefits (5%), focusing on firm pricing and form agreement acceptance; Overall Project Characteristics and Risks (31%), including capacity security (ELCC or PBA), location, operational risk mitigation, site control and experience, schedule, financing capability, technology maturity (natural gas with SPP track record preferred), and dispatchability; and Community and Environmental Impacts (4%). The Quantitative Evaluation (60% weight) uses a Net Present Value of Customer Cost (NPVCC) model over a 30-year horizon (2027–2056) with four scenarios: Base (40%), High Gas (25%), Low Gas (25%), and Energy Evolution (10%). This analysis simulates dispatch in the SPP Integrated Marketplace, accounting for costs, constraints, and characteristics. For CPA/PPA bids, imputed debt costs are considered; for PSA bids, applicable tax credits are included.

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