Great River Energy RFP for C-BED Renewable Energy Resources

Great River Energy (GRE) has issued a request for proposals (RFP) for community-based energy development (C-BED) renewable energy resources. GRE seeks proposals for energy resources (minimum 40 kW nameplate capacity) delivered to the Midwest Independent Transmission System Operator, Inc. (MISO) wholesale energy market that qualify as Community-Based Energy Development (C-BED) under Minnesota Statute §216B.1612 (2010).

GRE will consider purchasing new C-BED qualified resources through a power purchase agreement. GRE ownership or alternate forms of ownership are not eligible for consideration. GRE is most interested in resources that will be in commercial operation in time to qualify for federal renewable energy incentives, set to expire December 31, 2012.

"We're issuing this RFP to evaluate if additional C-BED renewable resources can provide value to our member cooperatives in the future," said Jon Brekke, Great River Energy vice president of member services. "Resources that qualify as community-based energy development are eligible to submit proposals. We are most interested in projects that offer minimal impact to our wholesale power rates."

GRE is subject to the Minnesota Renewable Energy Standard, which requires electric utilities to supply an increasing percentage of their energy sales from renewable energy sources, reaching 25 percent by 2025. Eligible energy technologies include: wind, solar, hydroelectric of less than 100 megawatts, biomass, municipal solid waste, landfill gas and anaerobic digesters, and hydrogen produced from any of the previous resources. Minnesota state law encourages utilities to evaluate C-BED projects and to report efforts made to acquire C-BED resources.

GRE will evaluate proposals based on their impact to wholesale power rates and other factors. GRE currently has sufficient renewable resources in its energy portfolio to meet the state's renewable energy standard.

Proposals are due Sept. 9, 2011. A description of the RFP, a summary evaluation form and a template PPA are posted on the GRE website:
www.greatriverenergy.com/aboutus/pressroom/081511_cbedrfp.html

For more information about the RFP, contact Mark Rathbun at 763-445-6104 or 2011cbedrenewablerfp@grenergy.com.