Duke Energy has announced the results of its request for proposals seeking solar energy in the Carolinas.
The RFP opened to market participants in July. In the first tranche, Duke Energy sought 680 MW of solar capacity for the Carolinas, comprising 600 MW in Duke Energy Carolinas (DEC) and 80 MW in Duke Energy Progress (DEP). The bids received totaled more than four times the target amount for DEC and 15 times the amount for DEP.
In total, there were 78 total projects that bid – representing more than 3,900 MW of renewable energy. Both North Carolina and South Carolina received strong responses, with bids representing about 2,000 MW for North Carolina and 1,900 MW for South Carolina.
The Accion Group will evaluate the proposals based on criteria approved by the North Carolina Utilities Commission to determine which projects provide the most economic benefit to Duke Energy customers.
The Competitive Procurement for Renewable Energy is one of several programs Duke Energy is implementing as part of the Competitive Energy Solutions Law for North Carolina.
“While it is still early in the process, the number and diversity of bids submitted represent an important and positive step for a clean energy future in the Carolinas, where customers will benefit,” says Rob Caldwell, president of Duke Energy Renewables and Distributed Energy Technology.
Winning proposals will be selected in the spring, and the companies will move forward with executing power purchase, interconnection and other necessary agreements with the selected projects.
More information on the proposals can be found here.