in News Departments > RFP
print the content item

Philadelphia-based utility PECO has issued a request for proposals (RFP) to help the company fulfill the requirements of Pennsylvania's Alternative Energy Portfolio Standards (AEPS) legislation. The details of the RFP will be discussed in a teleconference Nov. 24.

The AEPS Act requires that by 2011, 3.5% of the energy sold to PECO customers be made up of energy generated from renewable resources such as wind, low-impact hydro, methane, geothermal, biomass or fuel cells, as measured by renewable energy credits (RECs).

PECO conducted its first competitive RFP in March 2008 and recently entered into an agreement to purchase 240,000 RECs within five years.

With this second RFP, the company is seeking fixed-price, five-year agreements to purchase up to a total of 410,000 RECs annually. PECO anticipates entering into the agreements by February 2009, with purchases beginning no later than Dec. 31, 2009.

PECO has again retained Navigant Consulting to serve as an independent RFP monitor. The monitor will oversee PECO's bidder evaluation process, evaluate bid proposals and report to the Pennsylvania Public Utility Commission on the results of the RFP.

For more information: exeloncorp.com.

SOURCE: PECO


Trachte Inc._id1770
Latest Top Stories

Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.


Quebec Government Postpones Wind Power RFP; No New Date Scheduled

The request for proposals (RFP) is part of an overall 800 MW wind power tranche that will serve as a bridge to the next phase in the province's energy future.


Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008