SRP announced it will need to double or triple power resource capacity from a wide range of technologies to meet projected energy demand and achieve its 2035 sustainability goals.
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BUSINESS
SRP seeking new power generation resources
(Metro Creative Connection)
Posted
Special to Independent Newsmedia
SRP announced it will need to double or triple power resource capacity from a wide range of technologies to meet projected energy demand and achieve its 2035 sustainability goals.
In support of adding adequate power supply in this timeframe, SRP issued a 2024 All-Source Request for Proposals (RFP). According to a press release, SRP specifically seeks projects that can provide at least 700 megawatts of power capacity during the highest peak energy demand periods in summer, to be online by Dec. 1, 2028.
The utility also seeks an additional 500 MW or more of peak electrical generating capacity by Dec. 1, 2029. Additionally, SRP seeks to add up to 2,500 MW of new carbon-free resources by Dec. 1, 2029.
Every watt of energy SRP delivers in the years ahead will have less carbon. Today, more than 2,300 MW of carbon-free energy – including nearly 1,000 MW of solar energy – is serving SRP customers.
Additionally, more than 600 MW of batteries and pumped hydro storage help SRP provide power during times of highest peak demand. SRP expects to add another 500 MW of solar, 161 MW of wind, and more than 600 MW of additional battery storage by the end of this year.
These additions include a wind farm under construction north of Flagstaff and a solar and battery project that will support Meta and other SRP customers with clean energy.
SRP says it will evaluate and compare proposals that meet the minimum requirements identified in the RFP, including SRP self-developed resource options. SRP serves energy needs with a diverse fuel mix including nuclear, hydroelectric, natural gas, coal, battery storage and renewable resources including solar, wind and geothermal.
This RFP will be open until May 3, and is available through the Wood Mackenzie Supply Chain Sourcing Intelligence® platform.
Contact information and further details on how to register and participate in this process is outlined on SRP’s website at http://srpnet.com/AllSourceRFP.
All response material to the proposal, including necessary attachments, must be uploaded using the Wood Mackenzie Supply Chain Sourcing Intelligence platform.
