Idaho Power, an operating company subsidiary of IDACORP Inc., has issued a 2022 All-Source Request for Proposals (2022 AS RFP) seeking resources to help meet Idaho Power’s peak electricity needs.
Idaho Power is forecasting approximate summer peak capacity needs of 85 MW in 2024 and an incremental 125 MW in 2025. This is in addition to a previous request for peak capacity resources in 2023 (see 2021 RFP Information on next tab).
Idaho Power’s service area—covering approximately 24,000 square miles—continues to experience customer growth and an increasing peak demand (load) for electricity. We anticipate sustained load growth that will require new resources to meet peak summer demand and maintain system reliability. The addition of new resources to meet peak demand is critical to ensure Idaho Power can continue to reliably meet the growing demands on its electrical system and serve its customers.
Steps to Submit a Proposal
Idaho Power is soliciting responses to the 2022 AS RFP via its third-parting sourcing platform, Zycus (the Portal). In order for respondents to review and respond to the 2022 AS RFP, they must complete the following steps:
- Register your company within the sourcing Portal and submit a completed Notice of Intent Form (Attachment A to the NOI), by Dec. 23, 2021.
- Submit your documentation according to the instructions on the Portal.
The below schedule is subject to change at Idaho Power’s sole discretion at any time and for any reason. Idaho Power will endeavor to notify respondents of any changes to the schedule via the Portal.
|RFP and other solicitation documents posted to the Portal||Dec. 30, 2021|
|Pre-bid presentation recording posted to the Portal||Jan. 20, 2022|
|Deadline for submittal of questions, after which Idaho Power may not respond||Feb. 10, 2022, by 4 p.m. MT|
|Deadline for proposal submittal/Portal closed to further posting by
respondents. Evaluation begins.
|March 10, 2022, by 4 p.m. MT|
|Threshold and eligibility screening completed||March 31, 2022|
|Initial shortlist completed||April 21, 2022|
|IRP modeling and contract negotiations with initial shortlist||April 22 to June 1, 2022|
|Final shortlist selected||June 3, 2022|
|Complete final contract negotiations||June 30, 2022|
|Execute agreements (pending commission approval)||July 15, 2022|
Notice of Intent
Will standalone storage projects only be contracted though an Asset Purchase contract (i.e., 2021 all-source), or will Power Purchase Agreements (PPA) also be a possibility for this asset class?
Standalone battery energy storage system (BESS) submittals must provide a contract structure that will lead to Idaho Power ownership at the commercial operation date.
Is Idaho Power Company considering geothermal resources in this RFP?
Idaho Power is considering multiple technologies as part of the RFP, including geothermal.
Will Idaho Power be considering Power Purchase Agreements (PPA) and Build-Operate-Transfer Agreements (BOT or BTA) as part of this RFP, or will Idaho Power also consider a self-build option?
Idaho Power is considering several contract structures pertaining to multiple resource technologies. These details will be further described in a Product Table listed in the RFP. Idaho Power will be submitting a “self-build” resource proposal.
Additional questions? Email ResourceRFP@idahopower.com.