Dominion Seeks Wind and Solar Capacity
David Wagman | October 24, 2018Dominion Energy is seeking bids for up to 500 megawatts (MW) of solar and onshore wind generation as part of a plan to develop 3,000 MW of additional solar and wind power by 2022, as part of Virginia's Grid Transformation & Security Act.
The act became law on July 1 and envisions a large increase of renewable energy resources. The company says that it intends to issue a request for proposals (RFPs) each year.
The recent solar and onshore wind RFP is soliciting bids for energy, capacity and environmental attributes, including Renewable Energy Certificates for new solar and onshore wind facilities at least 5 MW in size. The facilities must be located in Virginia to be considered.
The proposals can be for power purchase agreements or the purchase of development projects. The RFP outlines the proposal requirements and power and asset purchase agreement terms, requiring a commercial operations date in 2020, as well as the price and non-price evaluation criteria.
Notices of intent to bid and confidentiality agreements are due by Nov. 2, with final asset purchase and power purchase proposals due Dec. 13 and March 14, 2019.