A Duke Energy (NYSE:DUK) subsidiary will issue a request for proposals (RFP) Oct. 8 for roughly 1,640-MW of generating capacity starting in 2018.
Bid proposals are due by 3 p.m. E.T. on Dec. 9, according to the Sept. 24 announcement by subsidiary Duke Energy Florida.
Proposals will compete with Duke Energy’s self-build option consisting of a combined-cycle, natural gas unit to be located in Citrus County, Fla. Since announcing the retirement of its Crystal River 3 (CR3) nuclear unit in Citrus County earlier this year, Duke has said it will look to natural gas to make up for the lost nuclear generation. Duke could also retire coal-fired units at the Crystal River complex as well.
The RFP will be issued in accordance with Florida Public Service Commission (PSC) rules.
An RFP pre-release meeting is planned for Oct. 2, and a meeting for interested bidders will be held on Oct. 18. Both meetings will take place from 1 to 3 p.m. each day in the Cotillion-Terrace Room at the Marriott Westshore, 1001 N. Westshore Blvd. in Tampa, Fla.
Upon completion of screenings and evaluations, a short list of proposals will be announced in March 2014. Finalists are expected to be named in May 2014 and the award announcement is planned by August 2014.
Duke reserves the right to revise the schedule at any time.
Duke’s RFP contact is Benjamin Borsch, who can be reached by phone at (727) 820-4781 or via email at DEF2018RFP@duke-energy.com.
Duke’s Independent Market Monitor/Evaluator contact will be Sedway Consulting in Boulder, Colo. For information, call (303) 581-4172 or email: Alan.Taylor@sedwayconsulting.com.
Beginning immediately, additional information about the pre-release of the RFP will be available to prospective bidders on the RFP website: http://www.duke-energy.com/floridarfp.