3CE Announces RFP for Renewable Energy and Storage Projects in CAISO

April 23, 2024

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News

BOULDER, Colorado: Central Coast Community Energy (3CE), a community choice aggregator (CCA) in CAISO, announces a request for proposals to meet its Renewable Portfolio Standard (RPS) and reliability goals. Through the Ascend Analytics Energy Exchange (AEX), 3CE aims to procure power purchase agreements (PPAs) with new or existing clean energy and storage projects in CAISO. All conforming offers will have a delivery term of 10 to 20 years, beginning no later than December 31, 2032.

3CE seeks proposals from qualified parties in three categories, each requiring an offered capacity of at least 20 MW:

  1. Renewable Generation Only Contracts:
    • Firm Renewable Energy: Zero emissions generation capacity or capacity that is eligible under the requirements of California’s Renewable Portfolio Standard (RPS) program and has an expected annual capacity factor of at least 80%. No storage projects shall qualify under this product category.  
    • Regular RPS Resources: RPS-eligible generation (e.g. solar, wind, geothermal). 3CE has a strong preference for projects with an earlier COD than December 1, 2032.  
  1. Renewable Generation Plus Storage Contracts: RPS-eligible generation paired with storage projects. The storage discharge duration must be at least 4 hours and the capacity cannot exceed 100% of the generation nameplate capacity.  
  1. Standalone Storage Contracts: Stand-alone storage projects with a discharge duration of at least 4 hours.  

Ascend Analytics, via the Ascend Energy Exchange, administers and organizes the RFP process on behalf of 3CE. Ascend will also support in evaluating all conforming bids using its Energy Analytics Platform, PowerSIMM.  

The RFP team will host an informational webinar for interested bidders on May 2, 2024, at 11 am PT. Submissions are due May 22, 2024, 5pm PT. To participate, ask questions, and receive RFP updates and materials, prospects must register on the 3CE RFP Website.

About Central Coast Community Energy (3CE)

Central Coast Community Energy is a Community Choice Aggregator (CCA) established in 2017, which formed under a joint powers’ agency and is subject to legislative and regulatory requirement imposed on load serving entities within California. 3CE serves over 436,000 customers in the Central Coast, including in Monterey, Santa Cruz, San Benito, San Luis Obispo, and Santa Barbara Counties.  

About Ascend Analytics  

Ascend offers full-service procurement with an experienced team of analysts who have helped our customers procure over 10 million megawatt-hours per year of renewable energy and 12,000 MWh of battery storage capacity. Our support services include defining the procurement need, administering and hosting the RFO/RFP process, evaluating projects, and supporting during negotiations.

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