The Los Angeles Department of Water and Power (LADWP) has issued a rolling request for proposals (RFP) designed to seek renewable energy proposals on a continuous basis throughout the year.
The rolling RFP calls for proposals for approximately 1,000 GWh per year of renewable energy resources such as solar, wind and geothermal power. This represents nearly 4% of LADWP's power sales.
LADWP is looking to acquire renewable energy resources through either immediate ownership of power generation facilities or through long-term power purchase agreements (PPAs). Under the terms of the new RFP, green power providers can submit their proposal anytime throughout the year. LADWP will open and consider the proposals on a monthly basis, and could then begin evaluation and negotiation of a particular project right away.
As stated in the RFP, LADWP will give preference to proposals that offer immediate facility ownership or to long-term PPAs that have an ownership option. Additionally, LADWP is targeting solar projects located in the high deserts of California, close to LADWP's existing transmission system.
