For Immediate Release
Contact
The Baltimore Gas and Electric Company ("BGE"), Delmarva Power & Light Company ("Delmarva"), Potomac Electric Power Company ("Pepco"), and The Potomac Edison Company ("PE") have issued Requests for Proposals (RFPs) for Generation Capacity Resources Under Long-term Contract.
On September 29, 2009, the Maryland Public Service Commission ("Commission") initiated Case No. 9214 to investigate whether it should exercise its authority to order Maryland's regulated electric distribution companies ("EDCs") to enter into long-term contracts with entities that construct new generation facilities in Maryland or alternatively to direct the EDCs to construct, acquire, or lease, and operate new electric generation facilities in Maryland. On September 29, 2011, the Commission issued a Notice of Approval of Request for Proposals for New Generation to be issued by Maryland Electric Distribution Companies.
The Commission has determined that the RFP will have the following elements:
· proposals for generation capacity resources must include capacity and energy and be located within the PJM defined Southwest MAAC zone,
· the generation capacity resources must be new, natural-gas fired units,
· a maximum 20-year term of agreement,
· the generation capacity resource proposed may not exceed 1,500 MW,
· the generation capacity resource must not have cleared any prior PJM Base Residual Auction ("BRA") for capacity,
· the winning bidder must offer its capacity in the BRA in accordance with BRA rules,
· the winning bidder will not be paid for any year in which its capacity does not clear the BRA,
· the contract structure will be a contract for differences between the winning bidder and the applicable Maryland EDC.
The RFP schedule, as listed in Section 8 of the RFP, is as follows:
Activity Date
RFP issued October 7, 2011
Pre-offer conference October 21, 2011
Eligibility Documents due October 28, 2011
Issue Respondents' eligibility status November 4, 2011
Deadline for receipt of Respondents' questions November 4, 2011
Initial Proposal Due Date November 11, 2011
Initial Shortlist evaluation complete December 16, 2011
Commission hearing January 31, 2012
Final Shortlist evaluation complete February 10, 2012
Commission selects and approves any winning offers February 23, 2012
EDC(s) execute Commission-approved agreements March 1, 2012
Advance notification of intent to offer due to PJM March 1, 2012
Executed system impact study agreement in place April 13, 2012
Additional details regarding the RFPs can be found by visiting any of the following websites:
Maryland Public Service Commission http://webapp.psc.state.md.us/Intranet/procurements/info_new.cfm
Potomac Edison www.alleghenypower.com/rfp
Baltimore Gas & Electric rfp.bge.com
Delmarva Power www.delmarva.com/mdrfp
Potomac Electric Power Company www.pepco.com/mdrfp
In accordance with Section 7 of the RFP, all questions regarding this RFP must be directed to Dolline Serra of the Commission at dserra@psc.state.md.us