Renewable Portfolio Standard RFO - December 2013
SDG&E is procuring renewable energy to meet California's Renewable Portfolio Standard compliance: 20% of retail sales through 2013, ramping to 33% by 2020 and beyond. Three categories open: 15-year PPAs for energy delivery starting January 2020 (15+ MW expected across solar, wind, geothermal, and other RPS-eligible resources with commercial operation dates 2016–2021); unbundled RECs from January 2018 onward with preference for 2020–2021 vintage. Winning suppliers execute a Model Power Purchase Agreement subject to CPUC approval.
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AI overview
San Diego Gas & Electric Company (SDG&E) is issuing a Request for Offers (RFO) to solicit offers from eligible renewable energy generators to expand its renewable portfolio. SDG&E is required to serve customers with increasing percentages of retail sales from renewable resources: 20% average between January 1, 2011 and December 31, 2013 (Compliance Period 1); 25% by December 31, 2016 with reasonable progress in 2014-2015 (Compliance Period 2); 33% by December 31, 2020 with reasonable progress in 2017-2019 (Compliance Period 3); and 33% in each year beyond 2020 (Post 2020 Compliance Period). SDG&E seeks resources meeting Public Utilities Code 399.16(b) requirements in three categories: Category 1 - Long-term energy only or fully deliverable bundled products (15-year term, COD 2016-2021, PPA delivery January 2020 earliest); Category 2 - Long-term energy only or fully deliverable firmed and shaped products (15-year term, same COD and delivery terms); Category 3 - Unbundled RECs generated January 2018 at earliest with preference for 2020-2021 generation. Resources must meet California Renewables Portfolio Standard (RPS) eligibility criteria set by California Energy Commission (CEC). Proposed products may be for Peaking, Baseload, Dispatchable (unit firm), As-available, or unbundled RECs from: re-powering of existing facilities; incremental capacity upgrades of existing facilities; new facilities; new facilities with excess or uncontracted quantities; existing facilities with expiring contracts; or existing contracted facilities with extension/expansion opportunities. Winning Category 1 and 2 respondents must sign substantially the form of Model Power Purchase Agreement, subject to CPUC approval and executed within 12 months of shortlist submission. Winning Category 3 respondents must enter into an Edison Electric Institute (EEI) Master Agreement with SDG&E (if not already executed) along with associated Model REC Agreement.
Resources & contact
Proposal Document
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