Appalachian Power Issues RFP for 1,100 MW of Renewable Energy

0

Appalachian Power has issued a new request for proposals (RFP) for up to 1,000 MW of wind and 100 MW of solar generation resources with optional battery energy-storage systems. The proposals will help the company meet the renewable energy requirements established by Virginia’s Clean Economy Act (VCEA).  Under the VCEA, Appalachian Power must meet annual targets as it works toward 100% carbon-free energy in its Virginia service territory by 2050.

The company seeks to acquire the completed wind and/or solar projects through one or more purchase and sale agreements. Facilities must be at least 50 MW in size and achieve a commercial operation date of no later than Dec. 15, 2025. Bidders of solar projects may also include proposals with an option for a battery-energy storage system. To qualify for consideration, solar projects must be located within Virginia; wind projects may be located outside of the commonwealth.

All projects must be interconnected to PJM, the independent regional transmission organization that manages the electric grid in 13 states, including Virginia. Under the RFP, Appalachian Power may acquire a single or multiple wind and/or solar facilities from winning bidders who meet certain economic and operational criteria.

“We’ve made significant progress in establishing our renewables portfolio over the past two years,” says Chris Beam, Appalachian Power’s president and COO.  “This is the largest RFP we’ve issued for wind to date, and we intend to issue additional requests for proposals this year as we work to provide more clean energy options for our customers.”

The RFP’s issued later this year will be for energy storage and solar power purchase agreements. Businesses seeking to submit a proposal can access criteria, required forms and other specifics online here. Proposals must be submitted by March 8, 2022.  Any project selected by Appalachian Power through the RFP process is conditional upon and subject to approval by the required regulatory authorities.

Photo by Jeremy Bezanger on Unsplash

Subscribe
Notify of
guest
0 Comments
newest
oldest most voted
Inline Feedbacks
View all comments