El Paso Electric opens RfP in search for more renewables
The 250-MW Roosevelt wind farm in New Mexico. Source: Infinity Renewables
Regional electric utility El Paso Electric (NYSE:EE), or EPE, on Wednesday released its 2019 Request for Proposal (RfP) through which it seeks to obtain renewable electric resources for the state of New Mexico.
The RfP is only open to renewable energy resources as defined by Senate Bill 489 (SB 489) that was signed by New Mexico’s governor previously and requires all utilities providing electric service to the state to supply 20% of their retail energy sales with renewables by 2020. The procurement is pending clearance by EPE’s board of directors and the New Mexico Public Regulation Commission.
Interested parties should submit their notice of intent to bid by June 28, 2019.
Based on a preliminary determination, EPE will need about 141,000 MWh of additional renewable energy per year beginning in 2020. The utility is asking participants in the RfP with solar and wind bids to include an option for the integration of battery storage.