Request for Offers (RFO) to Meet Modesto Irrigation Districts - PowerPoint PPT Presentation

Request for Offers (RFO) to Meet Modesto Irrigation District’s Renewable Portfolio Standard Pre-Bid Conference Call April 1, 2019 1

Agenda • Introduction • Resource Criteria • Offers • Point Of Delivery • Evaluation • Schedule • Q & A • Final Notes 2

Housekeeping Items • There will be no roll call – If you are interested in making a proposal in the RFO process you MUST forward: • Name • Company you are representing • Any questions – To: » 2019_RPS_Procurement@mid.org » before 5 PM (PST) today • All RFO clarifications will be posted on the MID website by May 3, 2019 – https://www.mid.org/rps-procurement 3

Q & A Period • Rules – Not all questions may be answered during this meeting, but clarifications will be posted later on the MID website – Responses provided today do not imply or confirm amendments to the MID RFO • Any potential RFO amendments that are discussed today do not become official unless or until posted on the RFO website • Check MID website for complete terms of RFO – Please send your questions to: • 2019_RPS_Procurement@mid.org 4

Other Guidelines • All of today’s participants shall follow anti- trust guidelines – These guidelines include avoiding discussions of topics or behavior that would result in anti- competitive behavior, including restraint of trade and conspiracy to create unfair or deceptive business practices or discrimination, allocation of production, imposition of boycotts and exclusive dealing arrangements. 5

Resource Criteria • MID is seeking between 50 to 150 MW of Eligible Renewable Energy Resources • Minimum net output capacity requirement: – 10 MW to 50 MW • CEC certifiable and registration with WREGIS • Environmental Attributes/Renewable Energy Certificates must be tendered to MID • Commence delivery: Q1 2021 - Q1 2023 6

Offers • PPAs with 10 year term minimum • Only PCC1 resources • Scheduling: – Within MID service territory: MID – Outside of MID service territory: Proposer 7

Point of Delivery • California-Oregon Border - Captain Jack • Within California Independent System Operator • Palo Verde • In the District’s service territory • Proposers will be operationally and financially responsible to transmit output to the point of delivery 8

Evaluation • Pre-screening of Renewable Project Applications • Additional information can be requested by MID at any time • Evaluative criteria considerations may include, among others: – Price – Financial stability of project owner and experience – Scheduling flexibility – Capacity deliverability status/generation profile – Development security/performance security 9

Schedule Activity Date Release of Request For Offers March 20 th , 2019 Mandatory Pre-Bid Conference Call April 1 st , 2019 (2:00 PM) Deadline to Submit Notice of Intent April 8 th , 2019 (2:00 PM) Deadline for Submission of Renewable Project May 13 th , 2019 (2:00 PM) Application June 21 st , 2019 Shortlist Notification Deadline for Submission of Confidentiality June 28 th , 2019 Agreement Commence discussions/review PPA 1-3 Weeks from Shortlist Notification PPA Finalist Notification 4-6 Weeks Final PPA Complete 12-16 Weeks from PPA Finalist Notification Submit PPA(s) for District Board Consideration 4 Weeks from Final PPA Due Date If approved, Execute Agreement(s) 1 Week from Board Approval 10

Q & A • Recall Rules: – Not all questions may be answered during this meeting, but clarifications will be posted later on the MID website – Responses provided today do not imply or confirm amendments to the MID RPS RFO • Any potential RFO amendments that are discussed today do not become official unless or until posted on the RFO website • Check MID website for complete terms of RFO – Please send your questions to: • 2019_RPS_Procurement@mid.org 11

Final Notes • Submit Notice of Intent via e-mail by 2:00 PM PST on April 8, 2019 E-mail: 2019_RPS_Procurement@mid.org • All questions must be submitted in writing or by e-mail before May 3 rd , 2019 E-mail: 2019_RPS_Procurement@mid.org • See important announcements on MID website https://www.mid.org/rps-procurement • See conference call presentation • Submit questions and view responses 12