Minnesota Power Seeks Proposals for its EnergyForward Strategy
Seeks proposals for large-scale wind, solar energy, and customer-driven resources
Minnesota Power released the first in a series of Requests for Proposals to further its EnergyForward strategy.
EnergyForward calls for a diversified power supply to meet customers’ needs reliably and cost effectively in an environmentally responsible manner. Through this strategy, the company has been transforming its energy supply to provide a more balanced mix that relies less on coal and more on renewable energy sources, while continuing to deliver safe, reliable, and affordable electric service to customers.
Minnesota Power is considering the costs and characteristics of the proposals received and will analyze whether they are beneficial resource additions for its customers.
The Minnesota Public Utilities Commission asked the company to consider additional wind, solar, and demand-side management alternatives as part of its ongoing resources evaluation process, this was all part of approving Minnesota Power’s integrated resources plan back in June.
In this first Request for Proposal, the company seeks to purchase low-cost renewable energy that fully maximizes the benefits of the extended Federal Production Tax Credit (PTC) for wind projects on behalf of its customers. The will be accepting power supply proposals for up to 300 megawatts of wind generation beyond the 625 it has on its system.
Over the next several weeks Minnesota Power will also issue proposals for solar generation and demand response and customer self generation.
For more information head over to http://rfp.mnpower.com