North American Windpower: PECO RFP

PECO RFP

by NAW Staff on Monday 14 January 2008

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.

Latest Top Stories

Study: How Northwest Wind Can Play With Energy Storage And Provide Operational Flexibility

Researchers have identified two possible sites in eastern Washington to build compressed-air energy-storage facilities that could temporarily store the Northwest’s abundant wind resources.

Wind Consortium Deploys Nacelle-Mounted LIDAR At Offshore Site In Irish Sea

In an important development for performance verification for offshore wind sites, a group of companies have deployed a nacelle-mounted LIDAR at DONG Energy's 367 MW Walney Wind Farm.

As U.S. DOJ Investigates, Duke Works Adaptive Management Plan

With previous golden eagle fatalities reported at two company-owned wind farms in Wyoming, Duke Energy Renewables is going to great lengths to protect raptors.

DOE To Recast Landmark 20% Wind Energy Report; Study Looks Back, Ahead

The U.S. Department of Energy will update its 20% Wind Energy By 2030 report, which indicated increased levels of wind penetration for the U.S. is not only possible but feasible.

Wind Energy Procurement Top Of Mind For Big-Name Companies

With greater frequency, top-tier companies are discovering the economic and environmental power of wind energy and upping their investments in the resource.