Due to the anticipation of generation unit retirements, City Water, Light and Power (CWLP) of Springfield, Ill., is seeking bids for power purchase agreements (PPA) with a commercial operation date between 2021 and 2023 from new or existing resources.
An all source energy resources request for proposals issued on July 1 notes that public power utility CWLP is looking to procure energy and capacity for a term between 5-20 years. CWLP will accept bids for either or both products, from one or more new or existing projects of all resource types.
The Energy Authority is acting as the administrator for the RFP.
Key tenets of project consideration are project viability, price, congestion risk, and deliverability. CWLP is only seeking bids for projects physically located within the state of Illinois -- specifically MISO Capacity Zone 4.
Retirement of existing thermal resources, Dallman 1 & 2 in 2020 with a combined capacity of 137 MW and Dallman 3 by 2023 with a capacity of 151 MW, are a primary factor for the new resource request. Following these retirements, CWLP will have supply to meet an estimated 71% of this requirement.
Responses to the RFP will be due Sept. 1, 2020.
The RFP is available here.