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2019 Resource Adequacy (RA) RFP

/2019 Resource Adequacy (RA) RFP
2019 Resource Adequacy (RA) RFP 2019-09-25T16:11:39-07:00

Peninsula Clean Energy (PCE) is seeking offers to sell (i.e. PCE purchases) System in 2020, Local Resource Adequacy in years 2020 – 2022, and Import Allocation Rights in 2020.

Peninsula Clean Energy Authority (“PCE”) is a California Community Choice Aggregation (“CCA”) program that has been serving customers throughout San Mateo County since October 2016 and currently provides electric service to approximately 300,000 residential, commercial, and industrial customers.  PCE has an investment grade credit rating with Moody’s and the report can be found here – PCE Moody’s rating.  In addition, PCE’s financials can be found on our Budget and Finances page.

PCE is seeking offers to purchase the following –

Desired Products: Volume:Location:
2020 System RA> 1MWSeeking offers for North System, South System or Import RA
2020-2022 Local RA> 1MWSeeking offers for Greater Bay Area, Humboldt, North Coast/North Bay, Sierra, Stockton, Greater Fresno, Kern
2020 Import Allocation Rights> 1MWSeeking offers to sell Import Allocation Rights at all interies

Timeline

Submission Deadline 5:00 PM PPT September 30th, 2019
Selection Notification 5:00 PM PPT October 3rd, 2019

Please fill out the bid form attached and submit your offers to procurement@peninsulacleanenergy.com and
ckeys@peninsulacleanenergy.com as soon as possible, but no later than 5:00 PM PPT on Monday, September 30th, 2019.  PCE will notify participants no later than 5:00 PM PPT on Thursday, October 3rd, 2019.

PCE’s preference is to transact under the WSPP RA confirm, unless PCE is enabled under the EEI with a counterparty then an EEI RA confirm will be used for the transaction.

Please email Chelsea Keys at ckeys@peninsulacleanenergy.com with any questions related to this RFO. Thank you for participating in PCE’s RA solicitation and we look forward to receiving your responses.

Disclaimer

Under its sole discretion, PCE reserves the right to edit the solicitation timeline, reject any bids received in this RFP, and all bids shall be considered non-binding and subject to parities negotiating final confirmations.

Peninsula Clean Energy

Peninsula Clean Energy