Duke Energy seeking 400 MW in Indiana

A Duke Energy (NYSE: DUK) subsidiary is seeking bid proposals for 400 MW of intermediate or peaking power for delivery in Indiana between 2014 and 2017.

The company will evaluate proposals from qualified bidders on cost and other factors. Proposals are due no later than March 30 at 5 p.m. EST. Prospective bidders should review the full request for proposal guidelines at: http://DukeEnergyIndianaRFP.com.

Interested parties should submit a notice of intent to bid by close of business on March 5, according to the RFP. A ‘short list’ should be selected by May 21. Contract negotiations should be completed sometime in the third quarter, according to the Duke RFP.

The resources must be operated by a Midwest Independent Transmission System Operator (MISO) regional transmission grid participant and dispatched into the Midwest regional transmission grid. Bids should include capacity and energy for a minimum of one year, Duke said in a press release. Specifically the company is looking for purchased power in the Midwest ISO planning years of: 2014/2015; 2015/2016; 2016/2017.

Duke Energy Indiana announced the request for proposals (RFP) Feb. 27. The RFP is one prong of Duke’s plan to respond to stricter federal environmental standards. Duke Energy Indiana also is completing the 618-MW Edwardsport coal gasification power plant in southern Indiana that will help address regional power needs in light of possible plant retirements, Duke said.

Duke has hired Burns & McDonnell to act as an independent consultant for the RFP. All respondents will work with Burns & McDonnell for all communications including questions and bid submittal. Inquiries should only be made via email to: DukeEnergyIndianaRFP@burnsmcd.com<mailto:DukeEnergyIndianaRFP@burnsmcd.com>.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.