Southern California Edison seeks power bids

Southern California Edison said June 22 that it has issued a competitive request for offers (RFO) for new power contracts with independent generators and marketers.

The Edison International (NYSE: EIX) subsidiary’s RFO seeks agreements of up to 48 months to enhance the electricity supply for the 14 million Californians the utility serves, SCE said in a news release.

Contracts being sought include dispatchable unit contingent energy only tolling agreements, non-dispatchable qualifying facilities resources and resource adequacy capacity products.

“Each year through this RFO, we reach out to the independent generator and energy marketing communities to find the most attractively valued resources for our customers,” said SCE’s vice president of Energy Supply and Management Steven Eisenberg.

The utility plans to hold a bidders conference on Wednesday, June 27 from 9 a.m. until 10 a.m. Pacific Time, according to an RFO information sheet.

The deadline to submit a non-binding notice of intent to offer is Thursday, July 5. The deadline to submit indicative (non-binding) offers together with each of the documents required to be submitted by this due date as part of a Complete Offer Submittal Package is July 11. The shortlist notification is scheduled for Wednesday, Aug. 1.

SCE expects to complete negotiations and accept or reject offers in the fall.

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.