2020 Renewable Energy & Storage Request for Offers
EBCE is soliciting competitive proposals for the sale and purchase of renewable energy and/or energy storage.
EBCE is issuing this RFO to procure long-term renewable energy resources, to provide long-term clean energy hedges and Resource Adequacy, and to contribute to EBCE’s Renewable Portfolio Standard (RPS) and Integrated Resource Plan (IRP) obligations under SB 350 and SB 100.
EBCE is issuing this RFO to procure long-term renewable energy resources, to provide long-term clean energy hedges and Resource Adequacy, and to contribute to EBCE’s Renewable Portfolio Standard (RPS) and Integrated Resource Plan (IRP) obligations under SB 350 and SB 100.
EBCE seeks energy and related products from both existing and new construction resources within or deliverable to the state of California. Projects must be larger than 10 MW in contract capacity and must begin deliveries no later than December 31, 2024.
EBCE seeks offers for the following products:
- 1. As-Available Product from RPS-eligible resources;
- 2. As-Available RPS Product plus Energy Storage;
- 3. Indexed Energy plus RPS attributes;
- 4. Shaped RPS Energy Product;
- 5. Stand-alone Energy Storage Toll; or
- 6. Shaped Clean Energy Hedge
Respondents may submit for as many or as few products as they wish, relative to their capabilities and expertise.
There will be a Respondent Webinar on Tuesday, November 10, 2020 at 10:00 AM PT to review key information in the protocol.
RFO Schedule
Event | Target Date / Time (PPT) |
---|---|
Issuance of RFO | October 29, 2020 |
Deadline to submit questions for Respondent Webinar | November 5, 2020;no later than 2pm |
Respondent Webinar for RFO (Registration) | November 10, 2020; 10am |
Final deadline to submit emailed questions | November 16, 2020;no later than 2pm |
Deadline to submit early Offers for projects pursuing CAISO TPD affidavit process | November 17, 2020; no later than 2pm |
Responses to questions posted | November 19, 2020 |
Final deadline to submit Notice of Intent to Bid form | November 23, 2020; no later than 2pm |
Offers Due to EBCE | December 1, 2020;no later than 2pm |
Notification of shortlisted Respondents and Offers | January 8, 2021 |
Form PPA redlines due from shortlisted Respondents | January 18, 2021 |
Negotiations (Exclusivity Agreements and bid deposits due) | February – April 2021 |
Contract approvals by EBCE Board of Directors | April – May 2021 |
RFO Materials
- EBCE 2020 Renewable Energy & Storage RFO Protocol – Revised Version 1 (PDF)– Updated 11/13/2020
- EBCE 2020 Renewable Energy & Storage RFO Protocol (PDF) – Original – Issued 10/29/2020
- Attachment A: Notice of Intent to Offer (Word)
- Attachment B: RFO Participation Agreement (Word)
- Attachment C.1: Offer Form 1 (Excel) – Updated 11/06/2020
- Attachment C.2: Offer Form 2 (Excel)
- Attachment D: Offer Supplement Requirements (Word)
- Attachment E.1: EBCE Term Sheet for Products 1, 3, 4 (Word)
- Attachment E.2: EBCE Term Sheet for Product 2 (Word)
- Attachment E.3: EBCE Term Sheet for Product 5 (Word)
- Attachment E.4: EBCE Term Sheet for Product 6 (Word)
- EBCE Audited Financials: 2018 (PDF)
- EBCE Audited Financials: 2019 (PDF)
- EBCE Audited Financials: 2020 (PDF)
- Respondent Webinar Presentation (PDF)
- Respondent Webinar Recording (YouTube)
- EBCE 2020 Renewable Energy & Storage RFO Q&A – All (PDF) – Added 11/19/20
- EBCE Exclusivity Agreement (PDF)
- EBCE Form Letter of Credit (Word) Updated 11/24/2020
RFO Provisions
- Respondents who submit Offers agree to do so without legal recourse against EBCE, its Board, officers, employees, agents, advisors or contractors for rejection of their Offer(s) or for failure to execute a transaction for any reason.
- Respondent agrees that EBCE will not be liable to any Respondent or party at law or in equity for any reason whatsoever for any acts or omissions arising out of or in connection with this RFO.
- By submitting its Offer, Respondent waives any right to challenge any valuation by EBCE of any Offer of any Respondent or any determination of EBCE to select or reject any Offer of any Respondent or take any action contemplated by this RFO, any other decision of EBCE contemplated by this RF or any resulting transaction related to a selected Offer.
- Each Respondent, in submitting its Offer(s), irrevocably agrees and acknowledges that it is making its Offer(s) subject to and in agreement with the terms of this RFO.
- EBCE will only accept questions from Respondents through the appropriate communication channels and up to the deadline to submit questions noted in the RFO schedule. All answers will be compiled into a document and posted to the RFO website. EBCE reserves the right to combine, rephrase, or not respond to some questions.
- All questions and materials received by EBCE are subject to the confidentiality provisions in the RFO.