SWEPCO seeks to purchase wind, solar and short-term generation
USA, Louisiana, Shreveport: Southwestern Electric Power Co. (SWEPCO) has submitted an informational filing to the Louisiana Public Service Commission.
The company has submitted three draft requests for proposals (RFPs) for renewable and economic generating capacity to supply customers’ needs, stating that the RFPs solicit bids for the purchase of wind resources of up to 3,000 MW, as well as solar resources up to 300 MW and short-term accredited deliverable capacity up to 250 MW.
Proposals are due by 12 August, SWEPCO said, noting that proposals selected from the three RFPs are subject to appropriate regulatory approvals.
According to the draft RFP for up to 3,000 MW of wind energy resources, for instance, SWEPCO is seeking wind projects that will qualify for the Federal Production Tax Credit. The company is pursuing projects that can achieve the commercial operation deadline of 15 December 2024, or alternatively, 15 December 2025, the RFP said.
According to the draft RFP for up to 300 MW of solar energy resources, SWEPCO is seeking only projects on a turnkey basis in which it will acquire all of the equity interests in the project company whose assets are comprised solely of the project. A proposal for a solar energy resource (base proposal) is required by bidders to participate in the RFP, the document noted, adding that bidders may include an alternate proposal for a solar energy resource with a battery energy storage system (BESS option); standalone BESS proposals will not be accepted in the RFP.
According to the draft RFP for SPP accredited deliverable capacity, the RFP seeks up to 200 MW of SPP accredited deliverable capacity for the years 2023 and 2024 and seeks up to 250 MW of SPP accredited deliverable capacity for the years 2025, 2026, and 2027.
Source: T&D World