Dominion Energy is seeking bids for up to 500 MW of solar and onshore wind generation as part of a plan to develop 3 GW of additional solar and wind power under Virginia’s new Grid Transformation & Security Act (GTSA).
The GTSA, which became law on July 1, paves the way for the largest increase of renewable energy resources in the state’s history, according to the utility.
The company has pledged to have 3 GW of new solar and wind energy – enough to power 750,000 homes – under development or in operation by early 2022. To meet this long-term commitment, the company intends to issue a request for proposals (RFP) each year until the pledge has been met.
This RFP is soliciting bids for energy, capacity and environmental attributes, including renewable energy certificates, for new solar and onshore wind facilities at least 5 MW AC in size. The projects must be located in Virginia.
The proposals can be for power purchase agreements and/or the purchase of development projects. The RFP outlines the proposal requirements and power and asset purchase agreement terms requiring a commercial operations date in 2020, as well as the price and non-price evaluation criteria.
Notices of intent to bid and confidentiality agreements are due by Nov. 2. Final asset purchase and power purchase proposals are due Dec. 13 and March 14, 2019, respectively.
More information can be found here.
