UPDATED: Oregon-based utility Portland General Electric Company (PGE) has issued a request for proposals (RfP) seeking 100 average megawatts (MWa) of renewable energy capacity.
Conrad Eustis, director of Retail Technology Strategy at PGE, said that 1MWa is equivalent to 8,760MWh - adding: "Thus to get 10MWa from rooftop solar in our service area you would need about 91MW of rooftop solar installations, or 62MW of solar with single-axis tracking, or about 50MW of solar with single-axis tracking if installed in Eastern Oregon (but then you’ll need a transmission path)."
Projects must be a minimum of 10MW in size and can use a range of technologies including geothermal, biomass, biogas, solar, wind and hydroelectric power. Bids can also be structured in a variety of ways, including power purchase agreements (PPAs) or proposals for facilities that PGE would own and operate.
PGE shared the RfP in draft form with potential bidders and stakeholders earlier this year, and on 16 May received final approval from Oregon Public Utility Commission to move forward with the competitive bidding process.
“We are committed to reducing our greenhouse gas emissions,” said Maria Pope, PGE’s president and CEO. “Continuing to add renewable resources to our mix while keeping electricity affordable for our customers is key to that effort.”
Portland and the entire county of Multnomah have pledged to transition to 100% renewable energy by 2050.
Article updated to clarify that RfP is for 100 average megawatts.
The USA solar pipeline hit 9.8 GW in August 2019, according to market analysts, Wood Mackenzie so what does this mean for the solar sector moving forward? Are module shipments constrained? Have manufacturers raised prices for late-comers? What impact will this have on 2020 projects and what can we expect for the ITC negotiations? These questions and more will be discussed in this informative, free webinar. - With almost 10 GW of solar pipeline, how is this affecting the supply chain and cost for panels? - How likely is it that the ITC will be renewed, what trends are emerging in terms of beating the step down? - How helpful are emerging trends and technologies (e.g. bifacial panels, floating solar, data aggregation and management) in helping to beat the ITC step down? - Trade wars: what impact did section 201 have on the market, and what could we expect moving forward This webinar acts as a primer for the Solar & Storage Finance Summit which takes place on 29 & 30 October in New York City.
Now in its sixth successful year, Solar & Storage Finance USA is the only event which looks at raising capital for solar, storage and collocated solar and storage projects in the USA. The conference will help delegates understand how providers are evolving propositions for storage and how they can access capital for standalone solar or storage, and co-located projects. Meet debt providers, funders, utilities, corporate off takers and blue chip energy firms with capital to invest and developers with credible pipelines.