Request is for up to 150,000 Megawatt-hours of Energy or Credits, Starting in 2020
SEATTLE, WA – September 11, 2012 – (RealEstateRama) — Seattle City Light issued a request for proposals today for up to 150,000 megawatt-hours of renewable energy or renewable energy credits per year, beginning in 2020.
Source projects must qualify as eligible according to Washington State’s renewable portfolio standard, approved by voters in 2006 as Initiative 937. City Light will require a minimum output guarantee and credit assurances. The utility will consider proposals for equity ownership.
Under the request for proposals, City Light will consider a broad range of proposals, technologies, and contractual arrangements. The utility will require potential providers to demonstrate they have the creditworthiness to develop the project(s) offered and deliver the electrical energy and/or renewable energy credits over the indicated contract length.
Any party submitting a proposal must be the owner of the eligible resource or renewable energy credits, or have written authorization from the owner to submit a proposal. City Light prefers baseload or dispatchable resources to complement the existing supply resources that are predominately hydroelectric.
Seattle City Light is the 10th largest public electric utility in the United States. It has some of the lowest cost customer rates of any urban utility, providing reliable, renewable and environmentally responsible power to nearly 1 million Seattle area residents. City Light has been greenhouse gas neutral since 2005, the first electric utility in the nation to achieve that distinction.
For more information on submitting a proposal, contact Robert W. Cromwell, Jr., director of power contracts and resource acquisition at robert.cromwell (at) seattle (dot) gov, by phone at (206) 684-3856 or by FAX at (206) 386-4555.
Scott Thomsen (206) 386-4233