September 27 (Renewables Now) - National Grid, the largest electric distribution company in Rhode Island, is seeking proposals to contract up to 400 MW of renewable power and renewable energy certificates (RECs).
According to a notice last week by law firm Pierce Atwood, the Request for Proposals (RfP) is for renewable energy facilities with capacities of between 20 MW and 200 MW. The contracted period will be 10-15 years.
The competitive round is limited to “newly developed renewable energy resources” such as solar, wind, small hydro, eligible biomass, fuel cells, and waste-to-energy projects. It will be open by noon on October 29, while winners will be picked in May 2019. National Grid expects to conditionally select bidders for negotiation on May 2, 2019 and submit contracts for approval by the state’s public utilities commission by August 30.
Each eligible candidate has to take part with at least one bid of 20 MW-200 MW and may also submit one or several alternative offers with capacities of between 200 MW and 400 MW. While projects do not have to be located within the state, they must "provide substantial direct economic benefits to Rhode Island, such as job creation or property tax revenues."
The state’s goal is to lift its clean energy resources portfolio tenfold by 2020 and have an installed capacity of 1 GW.