2022 Long-Term Resource RFO
EBCE & SJCE are soliciting competitive proposals for the sale and purchase of long-term clean energy resources. Submissions are due by Thursday, March 10, 2022 at 5pm PPT. UPDATE: Demand Response offers ONLY may be submitted by March 28, 2022 at 12pm PPT; all other timelines including for notice of intent to offer are unchanged.
EBCE and SJCE are issuing this 2022 Long-Term Resource RFO to procure long-term clean generation and capacity resources to provide long-term clean energy hedges and Resource Adequacy (RA), and to contribute to EBCE’s and SJCE’s Renewable Portfolio Standard (RPS) and Integrated Resource Plan (IRP) obligations under SB 350, SB 100 and the CPUC’s Mid-Term Reliability Requirements.
EBCE & SJCE seek energy and related products from resources within or deliverable to the state of California. Projects must be larger than 5 MW in contract capacity and must begin deliveries no later than June 1, 2026.
EBCE & SJCE seek offers for the following products:
As-Available RPS Energy
As-Available RPS Energy plus Energy Storage
Firm or Shaped RPS Product
High Capacity Factor, No On-Site Emissions RPS Energy
Stand-Alone Energy Storage Toll
Zero-Emitting Capacity Resources
Respondents may submit for as many or as few products as they wish, relative to their capabilities and expertise.
There will be a Respondent Webinar on Thursday, March 3, 2022 at 11:00 AM PT to review key information in the protocol. All interested parties can register here.
The expected schedule for this RFO is as follows; all time listed in Pacific Prevailing Time (PPT):
|Ongoing||Respondents may register online to receive notices regarding the RFO.|
|February 17, 2022||EBCE/SJCE issue RFO.|
|February 25, 2022, no later than 2pm||Deadline to submit questions for Respondent Webinar.|
|March 3, 2022, 11am||Respondent Webinar for RFO.|
|March 11, 2022, no later than 2pm||Final deadline to submit questions.|
|March 16, 2022||EBCE/SJCE to post Q&A document, inclusive of all questions in by Feb. 14|
|March 17, 2022, no later than 2pm||Final deadline to submit Notice of Intent to Offer.|
|March 21, 2022, no later than 5pm||Offers due. Offers must be submitted via Dropbox, including all required files and related information.|
March 28, 2022, no later than 12pm
||Offers for Demand Response are due. Offers must be submitted via Dropbox.|
|April 20, 2022||EBCE/SJCE identify shortlisted Respondents and Offers.|
|May 4, 2022||Shortlisted Respondents required to sign exclusivity agreement and post shortlist deposit.|
|May 20, 2022||Comprehensive redlines of term sheet; review of PPA due for shortlisted Respondents.|
|June - September 2022||Negotiations|
|October - November 2022||Contract approvals by EBCE & SJCE Board of Directors.|
Note: EBCE will fast track projects with 2023 COD and consider them on a more expedited timeline.
EBCE-SJCE 2022 Long-Term Resource RFO Protocol (PDF); February 17, 2022 version
Attachment A: Notice of Intent to Offer
Attachment B: RFO Participation Agreement
Attachment C.1: Offer Form 1
Attachment C.2: Offer Form 2 (Demand Response Only)
Attachment D: Offer Supplement Requirements
Attachment E.1: Term Sheet RPS (Product 1, 4, 6)
Attachment E.2: Term Sheet RPS+Energy Storage (Product 2)
Attachment E.3: Term Sheet Clean Energy Hedge (Product 3)
Attachment E.4: Term Sheet Stand-Alone Storage (Product 5)
Attachment E.5: Term Sheet Demand Response (Product 6)
Attachment F: Exclusivity Agreement
Attachment G.1: EBCE Form of Letter of Credit
Attachment G.2: SJCE Form of Letter of Credit
Attachment H: SJCE Request for Local and Small Business Preference
Info Only: Recording of EBCE & SJCE’s March 3, 2022 RFO webinar
EBCE & SJCE audited financials are available upon request.
Respondents who submit Offers agree to do so without legal recourse against EBCE and SJCE, their Boards, officers, employees, agents, advisors or contractors for rejection of their Offer(s) or for failure to execute a transaction for any reason.
Respondent agrees that EBCE & SJCE will not be liable to any Respondent or party at law or in equity for any reason whatsoever for any acts or omissions arising out of or in connection with this RFO.
By submitting its Offer, Respondent waives any right to challenge any valuation by EBCE & SJCE of any Offer of any Respondent or any determination of EBCE or SJCE to select or reject any Offer of any Respondent or take any action contemplated by this RFO, any other decision of EBCE or SJCE contemplated by this RFO or any resulting transaction related to a selected Offer.
Each Respondent, in submitting its Offer(s), irrevocably agrees and acknowledges that it is making its Offer(s) subject to and in agreement with the terms of this RFO.
EBCE & SJCE will only accept questions from Respondents through the appropriate communication channels and up to the deadline to submit questions noted in the RFO schedule. All answers will be compiled into a document and posted to the RFO website. EBCE & SJCE reserves the right to combine, rephrase, or not respond to some questions.
All questions and materials received by EBCE & SJCE are subject to the confidentiality provisions in the RFO.
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