(410) 807-5681 info@naema.com

Intermountain Rural Electric Association 2020 Long-Term RFP (via ACES)

Published:June 18, 2020

The below RFP information is being forwarded at the request of ACES on behalf of the Intermountain Rural Electric Association.

Steve Sheppard

Executive Director & CEO

North American Energy Markets Association

(410) 807-5681 Cell

ssheppard@naema.com

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The RFP Administrator, Alliance for Cooperative Energy Services Power Marketing LLC (ACES), is pleased to announce the Intermountain Rural Electric Association (IREA) 2020 Long-Term RFP.

IREA is a Colorado nonprofit electric distribution cooperative established in the 1930s and organized as a corporation under Colorado law. IREA’s 5,000-square-mile service territory includes portions of 11 counties to the east, west, and south of Denver. With more than 160,000 customers, IREA is the largest electric distribution cooperative in Colorado and one of the largest in the United States. As a customer-owned cooperative, IREA operates on a nonprofit basis.

IREA currently holds a partial-requirements wholesale power supply contract that expires five-years from written notification. IREA is conducting this RFP to seek power supply opportunities to fulfill their power needs in the event they elect to terminate their current wholesale power supply contract. The objectives of IREA are to seek resources that will allow them to provide reliable service at the lowest reasonable cost, while taking steps towards achieving their renewable energy goals.

To fulfill IREA’s power supply requirements, IREA needs to secure up to approximately 700 MW of resources, some of which will need to be available by January 1, 2026.

All documents and communications related to the IREA 2020 Long-Term RFP are accessible on the IREA RFP website:

www.acespower.com/IREA2020RFP

Subject to the limitations specified in this RFP, IREA will consider proposals for all types of resources as well as for partial-requirements service contracts, firm with liquidated damages products, ancillary services products, and call option contract proposals.

Any proposal(s) selected pursuant to the RFP will require approval from IREA’s Board of Directors. Upon approval from IREA’s Board of Directors, IREA may enter into a contract or contracts with the winning bidder(s) to meet the power supply requirements of IREA beyond its existing partial-requirements wholesale power supply contract.

Please visit www.acespower.com/IREA2020RFP for any information related to the IREA 2020 Long-Term RFP and direct any and all questions to IREA2020RFP@acespower.com.

 

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