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Appalachian Power Issue Tender for Supply of 1.1 GW of Renewable Energy – EQ

Appalachian Power Issue Tender for Supply of 1.1 GW of Renewable Energy – EQ

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Appalachian Power (APCo), an American Electric Power company, is pursuing additional wind and solar generation resources, along with co-located and standalone battery energy storage resources, via the following requests for proposals (RFPs).

The RFPs are as follows:

Wind, Solar, and BESS (PSA): Up to 800 MW wind, solar and/or co-located or standalone battery energy storage systems RFP via one or more purchase and sale agreements (PSAs) for purchase of 100% equity interest in a project company. Bidders may propose completed or development stage projects that achieve a commercial operation date of no later than Dec. 15, 2028. To qualify for consideration, projects must interconnect to the PJM Interconnection L.L.C. RTO or the APCo distribution system, and be located within the PJM footprint, with a preference for projects located in Virginia or West Virginia on Eligible Sites. Projects that interconnect to PJM must be at least 50 MW in size for wind and solar and 10 MW in size for battery energy storage systems. In addition, projects that interconnect to the APCo distribution system must be at least 10 MW in size.

Wind and Solar (PPA): Up to 300 MW wind and/or solar RFP via one or more long-term power purchase agreements (PPAs) for the purchase of the energy, capacity, and environmental attributes (including renewable energy certificates) from the project. To qualify for consideration, projects must be at least 50 MW in size for wind and 5 MW in size for solar and be operational by Dec. 31, 2028. In addition, projects must interconnect to the PJM Interconnection L.L.C. RTO or the APCo distribution system.

Renewable Energy Certificates (RECs): RFP for renewable energy certificates produced from eligible renewable resources. Bidders may submit proposals for contract terms between 5 and 30 years beginning Jan. 1, 2027; however, alternative terms will also be considered.

RFP SCHEDULE

Issue RFPs: May 13, 2024

Proposal Due Date: July 16, 2024

For more information please see below link:

Anand Gupta Editor - EQ Int'l Media Network