On September 15, 2017, the Alberta Electric System Operator (AESO) announced the opening of the final Request for Proposal (RFP) stage of Round 1 of the Renewable Energy Program (REP).
While an official list of the successful projects and proponents has not been publicly issued, the AESO communicated that it invited 29 qualified projects representing approximately 4,000 MW from Canadian and international companies to participate in the RFP stage.
Next Steps
Each qualified proponent will be invited to participate in the RFP of REP Round 1. As stated during the request for qualification stage, the AESO's objective for the Round 1 RFP is to identify, based on the lowest bid strike price, selected proponents whose special purpose vehicles will enter into a Renewable Electricity Support Agreement.
The RFP submission deadline is October 12, 2017 with the selection of the successful proponents to be released by the AESO in December of 2017.
To view original article, please click here.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
