Palo Alto, a chartered city located in Silicon Valley in the San Francisco Bay Area in northern California has put out a Request for Proposal (RFP), seeking proposals to provide electric power generated by renewable resources. The city is seeking contracts for power for terms ranging from five years to 30 years from eligible renewable resources.
This RFP is intended to help meet the the City’s Council-imposed renewable energy supply targets of 30% by 2012, and 33% by 2015. Palo Alto has a peak demand of 190 MW and an annual energy demand of 1,000 GWh.
Renewable electric power includes but is not limited to bundled electric energy, capacity, and environmental attributes. Renewable resources include wind, small hydroelectric (30 MW peak or less), geothermal, landfill gas, biomass, photovoltaic, solar thermal (with or without natural gas assist), qualifying municipal solid waste conversion, digester gas, fuel cells employing renewable fuel, ocean wave, ocean thermal, wave and tidal current.
Project(s) must produce at a minimum 10 gigawatt hours (GWh) per year and may consist of multiple smaller units at different locations that in aggregate meet the minimum size requirement. There is no maximum limit on Project size; however, for larger Projects the City seeks an off-take share of no greater than 75 GWh per year.
Palo Alto’s financial condition is sound. Standard & Poor’s and Moody’s rate the City’s general obligation bonds AAA and Aaa, respectively. The corresponding Utility Revenue Bond ratings are AA- and Aa3, respectively.
Click Here for detailed information on this RFP.
RFP SUBMITTAL DEADLINE: 3:00 P.M. Tuesday, November 3, 2009
CONTRACT ADMINISTRATOR: Carolynn Bissett
© 2009, Chris de Morsella. All rights reserved. Do not republish.