On 20 February the King Abdullah City for Atomic and Renewable Energy (KA CARE), the government body directing alternative energy development, yesterday submitted a white paper for its proposed renewable energy procurement programme.
Comments for the white paper are now being accepted until 5 April 2012, after which a draft request for proposals (RFPs) and a draft power purchase agreement (PPA) will be released. The draft documents will also be open to comments.
Under the programme — which KA CARE claims will be the largest programme of its kind — oil-rich Saudi Arabia is aiming to procure 54GW of renewable power generation capacity by 2032 through competitive bidding rounds.
KA CARE is envisioning the launch of multiple procurement rounds preceded by an introductory round over the first two to three years of the programme. The bidding rounds will seek a diverse range of technologies and developers and KA CARE will select the winning bids based on both price and non-price factors.
KA CARE has also launched a new interactive portal as part of its proposed renewable energy competitive procurement programme.
The new online portal will provide an interactive platform for potential bidders interested in participating in the competitive procurement process. Information and related documentation will be posted on the new portal whilst bidders will also be able to submit feedback and their applications electronically via the portal.
In addition, interested parties will be able to gain access to the successive RFPs and PPAs and receive the latest news and updates related to the programme status and timeline.