Duke Energy Carolinas issues renewable energy request for proposals
Duke Energy Carolinas (DEC) has issued a Request for Proposals (RFP) 750 000 megawatt-hours (MWh) of energy located in its territory in bid to meet North Carolina's Renewable Energy and Energy Efficiency Portfolio Standard (REPS). The RFP is open to facilities that qualify as a renewable energy resource under REPS requirements.
North Carolina headed energy utility Duke Energy Carolinas (DEC) has issued a Request for Proposals (RFP) for 750 GWh of energy located in its territory. According to the statement, the results from the RFP will assist the company in meeting the state’s 2007 Renewable Energy and Energy Efficiency Portfolio Standard (REPS). The REPS mandates the company to generate 12.5 percent of its retail power sales in the state from renewable sources energy or energy efficiency programmes by 2021.
The RFP is open to solar, wind, biomass, landfill gas and other facilities located in the DEC service territory and that qualify as a renewable energy resource under REPS requirements – excluding pig and poultry waste. The RFP calls for 750 GWh of renewable energy and associated renewable energy certificates (RECs) located in the DEC territory. A REC, equaling 1 MWh of renewable energy generation, demonstrates Duke Energy’s compliance with the renewable energy mandate.
– We want to encourage market development of more renewable generation in the Duke Energy Carolinas system in the most competitive manner possible. This RFP gives developers the opportunity to either pursue projects themselves or sell current projects under development to Duke Energy, said Rob Caldwell, President, Duke Energy Renewables and Distributed Energy Technology in a statement.
Interested bidders must already be in the DEC interconnection queue, which includes renewable projects already proposed in the region. The RFP allows bidders the flexibility to offer three options:
Purchased power proposals; or engineer, procurement and construction turnkey proposals in which Duke Energy takes ownership of the new facility; or project development proposals that are in the late stages of development where Duke Energy would take ownership and build the new facility. For the latter two, proposed projects must be in operation by 31 December 2018.
In a related announcement, DEC is also seeking to buy RECs from existing facilities in its service territory. These would be existing renewable projects for which Duke Energy does not already purchase the RECs. The RECs must come from facilities in the DEC territory and must be in operation by the end of 2016.
Duke Energy companies, both regulated and commercial, have installed about 450 MW of solar energy in North Carolina – around 35 solar plants total. Currently, about 75 percent of Duke Energy’s owned and purchased solar generating capacity is in the Duke Energy Progress (DEP) territory.