Posted by: jbarnesca | April 6, 2012

The CA Spring RFO Bidding Season Begins

In the past few days the announcements about the new May RAM RFOs, the next round of the SCE SPVP rooftop program, and the PG&E PV program have been presented.

The last two programs are the follow ons to the approved solar only programs which initially assigned 250MW for the utilities to build and 250MW to be awarded in the IPP portions. In a recent Advice Letter ruling SCE was able to effectively terminate the majority of their remaining allocation for their owned projects, and put that into the RAM allocation.  Also remember that the utilities were able to convince the CPUC that their costs should allow them to recover sales from their projects at a rate of approximately $0.24/Kwh.  NICE !

So now the large scale solar developers are scrambling to assess what price to bid into this round of auctions for each of their projects in the next couple of months.

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Responses

  1. “Also remember that the utilities were able to convince the CPUC that their costs should allow them to recover sales from their projects at a rate of approximately $0.24/Kwh.”

    What does this mean for developers? Will we be able to get a higher price through the latest PG&E RFO?

    • Sorry Mr. Carr to confuse you, as the large solar PV developers just realize the irony in this issue, that I stated.

      There are bids in the $0.075/kWh range being considered (as was done for the 2011 RPS RFO), and no one should expect to win much over $0.082/KWh.

      Enough on this subject, and let the bidding begin.


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