The Maine Public Utilities Commission issued a Request for Proposals (RFP) for long-term contracts.
The RFP, issued Oct. 24, seeks capacity, associated energy, or renewable energy credits from qualified resources. New and existing resources from supply-side (renewable and non-renewable) and demand-side resources can participate.
Initial Proposals will be due on or before March 1, 2013.
Bidders selected will enter into long-term contracts with one or more of Maine’s investor-owned transmission and distribution utilities: Central Maine Power Company (CMP), Bangor Hydro-Electric Company (BHE), and Maine Public Service Company (MPS)
“The objective of this solicitation is to acquire long-term contracts that would reduce electricity costs for Maine consumers and/or serve as a hedge against price volatility,” the solicitation said.
Environmental and reliability attributes will also be considered. Maine is a signatory of the Regional Greenhouse Gas Initiative with several other eastern states, so winning bidders were advised that projects may be selected in accordance with those goals.
The RFP and all related documents and information are available from the Commission RFP Website at http://www.maine.gov/mpuc/electricity/rfps/longterm1012/