in News Departments > RFP
print the content item

Utility company PECO is inviting alternative energy producers to submit bids to sell alternative energy credits to help the company fulfill renewable energy requirements set by Pennsylvania's recent Alternative Energy Portfolio Standards (AEPS) legislation.

The AEPS legislation requires that by 2011, 3.5% of the energy consumed by PECO customers be provided through renewable resources, such as wind, low-impact hydro, methane, geothermal, biomass or fuel cells.

By seeking bids through a competitive request for proposals (RFP) process, PECO intends to enter into fixed-price, five-year agreements to purchase up to a total of 250,000 credits per year. PECO anticipates entering into the agreements by this spring for delivery beginning no later than Dec. 31. A second round of bidding this fall will seek the purchase of an additional 200,000 credits annually, for delivery beginning no later than Dec. 31, 2009.

PECO has retained Navigant Consulting to serve as an independent RFP monitor and has scheduled a teleconference for Jan. 22 to outline the details of the RFP process and the terms of the agreements.

Deadline: Pending

For more information: peco.com/aeps.


Helukabel_id1908
Latest Top Stories

Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.


Five Common Gearbox Failures And How To Identify Them

Wind turbine gearbox failures are a major source of unplanned maintenance costs. An expert explains the most frequent failure modes and offers prevention tips.

Acciona_id1907
JLG_id1900
WomenofWind_id
UEA_id1896
bonfiglioli_id1913
AWEA_id1886