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Please see FAQ 211. QSWEFs are eligible to participate in ComEd's REC RFP. However, pursuant to Section 8-403.1(m) of the Illinois Public Utilities Act (220 ILCS 5/8-403.1(m)), the QSWEF may not continue to sell electricity to ComEd pursuant to the provisions of section 8-403.1 once the QSWEF begins selling RECs from the facility. QSWEFs may still continue to sell electricity to ComEd under ComEd's Rider POG and sell the RECs separately either to ComEd or into the market. These are not decisions made by ComEd or conditions imposed by the RFP process. Rather, these are requirements of Illinois law.4/9/2008, in Renewables RFP.
Section 8-403.1(m) of the Illinois Public Utilities Act (220 ILCS 5/8-403.1(m)) provides only that qualified solid waste energy facilities ("QSWEF") that begin selling their renewable energy certificates ("REC") to a utility or other electric supplier may not continue to sell its electricity under the provisions of that section (i.e., 8-403.1). However, the QSWEF may still continue to sell the electricity from the facility to ComEd under ComEd's Rider POG - Parallel Operation of Retail Customer's Generating Facility. QSWEFs will need to evaluate and decide for themselves whether to continue to sell electricity to ComEd pursuant to Section 8-403.1 and ComEd's Rider QSW - Qualified Solid Waste Facilities Purchases, which implements that section (in which event, the QSWEF may not sell RECs from the facility), or to sell its electricity to ComEd under Rider POG and sell the RECs separately. For your convenience, Section 8-403.1(m) is produced in its entirety below: (m) On and after the effective date of this amendatory Act of the 94th General Assembly, beginning on the first date on which renewable energy certificates or other saleable representations are sold by a qualified solid waste energy facility, with or without the electricity generated by the facility, and utilized by an electric utility or another electric supplier to comply with a renewable energy portfolio standard mandated by Illinois law or mandated by order of the Illinois Commerce Commission, that qualified solid waste energy facility may not sell electricity pursuant to this Section and shall be exempt from the requirements of subsections (a) through (l) of this Section, except that it shall remain obligated for any reimbursements required under subsection (d) of this Section. All of the provisions of this Section shall remain in full force and effect with respect to any qualified solid waste energy facility that sold electric energy pursuant to this Section at any time before July 1, 2006 and that does not sell renewable energy certificates or other saleable representations to meet the requirements of a renewable energy portfolio standard mandated by Illinois law or mandated by order of the Illinois Commerce Commission. 4/9/2008, in Renewables RFP.
RECs that are considered through this RFP have to meet specific requirements, including being transferred to ComEd's account through M-RETS or GATS, being from a renewable energy resource as defined by the Illinois Power Agency Act, and satisfying the vintage period specified in the REC Master Agreement. We cannot determine whether the facilities are renewable energy resources as defined by the Illinois Power Agency Act. Please see Section 1-10 of the Illinois Power Agency Act (20 ILCS 3855/1-10), available here, for the definition of "Renewable Energy Resources". Please see the Renewables page of our Web site for the REC Master Agreement. 4/9/2008, in Renewables RFP.
These summary documents were posted to the RFP Web site on April 3, 2008. The documents can be found under the heading "Summary of GATS & M-RETS Registration Requirements" on the Renewables page.4/8/2008, in Renewables RFP.
The Procurement Administrator provides credit contact information for ComEd upon request.4/8/2008, in Renewables RFP.
The Standard Post-Bid Letter of Credit may be found on the Renewables page of this Web site. Please look under the heading "Renewables RFP (February 29, 2008)", then under "Appendix 1: Master Renewable Energy Certificate Purchase & Sale Agreement". The link is called "Standard Form of Letter of Credit". A REC Bidder may, in its Part 1 Proposal, request modifications to the Standard Post-Bid Letter of Credit that are non-material in nature, or that clarify the intent of the Standard Post-Bid Letter of Credit, or that make modifications advantageous to both ComEd and the REC Bidder. The Draft Post-Bid Letter of Credit may be saved to a CD that is included with the Part 1 Proposal, or it may be e-mailed to the Procurement Administrator at comments@2008-RFP.com. Please see Paragraph IV.2.3 of the REC Rules, available here. 4/8/2008, in Renewables RFP.
Proposed modifications to the Standard Pre-Bid Letter of Credit may be submitted via email to the following address: comments@2008-rfp.com. Please note that any requests for modifications to the Standard Pre-Bid Letter of Credit must be non-material in nature, or must clarify the intent of the Standard Pre-Bid Letter of Credit, or must make modifications advantageous to both ComEd and the REC Bidder. Please see Section IV.2.1 of the REC Rules, available here, for more details. 4/8/2008, in Renewables RFP.
Yes. Only one individual needs to be named as Officer in the Part 1 Proposal. The Officer named in the Part 1 Proposal must be the same person that executes the REC Master Agreement. This response was first posted on 4/1/2008 and updated on 4/7/2008.4/7/2008, in Renewables RFP.
Based on the amount of Pre-Bid Letters of Credit, the procurement administrator will not know the exact number of bids that will be received, but would know the maximum number of bids that could be won by each bidder across all products. This response was first posted on 4/1/2008 and updated on 4/7/2008.4/7/2008, in Renewables RFP.
Yes. To achieve the cost-effective priority (the first priority) in the REC evaluation process, the evaluation process ranks all bids from lowest to highest price. We determine whether we are able to procure at least 796,040 RECs for the budget. The evaluation process then considers whether it is possible to improve the selection based on the 75% wind requirement priority (second priority) and the location priority (third priority). This response was first posted on 4/1/2008 and updated on 4/7/2008.4/7/2008, in Renewables RFP.