Idaho Power has closed its request for proposals (RFP), which sought to purchase approximately 150 MW of wind power by 2012, without awarding a contract.
The RFP was issued in May 2009 and generated considerable interest from wind developers. Idaho Power has been negotiating a contract with the front runner. However, it was jointly determined that the two parties were ultimately not going to be able to reach a final agreement.
‘Since issuing our RFP more than a year ago, the wind energy market has changed dramatically, and prices for power purchase agreements acquired under the Public Utility Regulatory Policies Act of 1978 process have decreased,’ says Lisa Grow, senior vice president of power supply for Idaho Power. ‘In light of these changes, we expect to be able to acquire energy resources without concluding the RFP at this time.’
SOURCE: Idaho Power