Minnesota Power seeks proposals for wind, solar Energy

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Minnesota Power seeks proposals for wind, solar Energy

Minnesota Power has launched a requests for proposals (RFP) for up to 300 MW of wind generation as part of the company’s broad resource evaluation process to further its EnergyForward strategy.

EnergyForward calls for a diversified power supply to meet customers’ needs reliably and cost effectively in an environmentally responsible manner. In approving Minnesota Power’s integrated resource plan in June, the Minnesota Public Utilities Commission asked the company to consider additional wind, solar and demand-side management alternatives as part of its ongoing resource evaluation process.

In the initial RFP, Minnesota Power, a division of ALLETE Inc., is seeking power supply proposals for up to 300 MW of wind generation beyond the 625 MW of wind it has on its system. The company seeks to purchase low-cost renewable energy that fully maximizes the benefits of the extended Federal Production Tax Credit (PTC) for wind projects on behalf of its customers. This wind power would be purchased under a long-term power purchase agreement subject to regulatory approvals.

Interested parties must submit their proposals on or before September 7, 2016.

Over the next several weeks, Minnesota Power also will issue formal RFP for:

  • Solar generation. Minnesota Power will be seeking economic power supply proposals for up to 300 MW of utility scale solar generation that qualifies under Minnesota’s Solar Energy Standard. The company seeks to maximize the benefits of the extended Federal Investment Tax Credit (ITC) for solar energy on behalf of its customers.
  • Demand response and customer self-generation. Minnesota Power will be seeking customer and utility scale demand response and onsite generation resources to be considered for optimizing within its power supply portfolio.

See Business Opportunities:

http://ippjournal.com/business-opportunities/

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