The Southern California Public Power Authority (SCPPA) has issued a request for proposals (RFP) for renewable energy generation with supporting infrastructure(s) as structured projects through (i) facility ownership, or (ii) power purchase agreement with ownership option(s), in one or more facilities.
SCPPA is a joint powers authority and a public entity organized under the laws of the state of California. Member agencies consist of 11 cities and one irrigation district, which supply electric energy within Southern California.
SCPPA continues to seek cost-effective resources to meet its members' renewable portfolio standard objectives from 2014 through to the year 2020. However, it has become evident that some projects do not meet economic criteria and will require significant rate increases to pay for the continued development of renewable projects, according to SCPPA.
SCPPA has set the following guidelines in order to assist in defining projects:
– Wind, or any projects with a capacity factor less than 50%, should start at less than $70;
– Baseload technologies, including geothermal, biomass, biogas, or any projects which deliver at a substantially consistent level for 24 hours per day should start at less than $100; and
– Solar technologies, including those with storage capability, should start at less than $120.
Deadline: Jan. 31, 2011