Under the supplier contract, there is no generation source specified for purposes of meeting the obligations. A Product in the procurement of Block Energy is a constant quantity of energy to be supplied to a Company at the delivery point specified by that Company in either the On-peak Segment or the Off-Peak Segment of a … Continue reading Is participation in the BEC RFP restricted to generation sources?
Final Targets for the procurement events under the Fall 2021 Block Energy and Capacity RFP were included in the Fall 2021 Block Energy and Capacity RFP Rules posted to the RFP website on July 21, 2021. The final Targets can be found in Tables I-1, I-2, I-3, I-4, and I-5. Bidders successfully completing the Part … Continue reading Where can I find the final Targets for the procurement events under the Fall 2021 Block Energy and Capacity RFP?
A Bidder that paid a Bid Participation Fee pursuant to its participation in the Spring 2021 BEC RFP, or any other prior 2021 procurement event, does not need to pay another Bid Participation Fee for the Fall 2021 BEC RFP.
The Final Fall 2021 ComEd Energy Master Agreement was posted to the Final Materials page of the Block Energy and Capacity Procurement section of the procurement website on July 20, 2021. The Procurement Administrator will not be soliciting comments on the ComEd Energy Master Agreement in the Fall 2021 Block Energy and Capacity RFP.
Under the terms of the (AIC) Capacity Agreement, payments to Seller will be reduced if the Compliance Zone ACP is greater than the Source Zone ACP where the Compliance Zone is LRZ4. If the amount of the payment reduction is greater than the unadjusted payment, then Seller (not Buyer) will have to pay Buyer under … Continue reading I understand that there could be a payment adjustment under the (AIC) Capacity Agreement if the ZRCs are not from the compliance zone. Can you provide an example where the adjustment will result in a reduced payment to Seller?
Under the terms of the (AIC) Capacity Agreement, payments to Seller will only be adjusted to reflect an increased payment if the Source Zone ACP is greater than the Compliance Zone ACP where the Compliance Zone is LRZ4. For purposes of the below example, the “ACP” refers to the Auction Clearing Price from the MISO … Continue reading I understand that there could be a payment adjustment under the (AIC) Capacity Agreement if the ZRCs are not from the compliance zone. Can you provide an example where the adjustment will add to the payment to Seller?
Yes, this is correct. Only ZRCs from outside the compliance zone are subject to payment adjustments under the term of the (AIC) Capacity Agreement.
Regardless of whether the two entities share the same parent entity, the new entity would be required to pay the Bid Participation Fee in this Fall 2021 BEC RFP in order to complete the Part 1 Proposal. Also, a Bidder that is not a Seller under the (AIC) Confirmation Agreement, or under the (ComEd) Master … Continue reading If we participate in the Fall 2021 BEC RFP with a different entity that shares the same parent entity as the entity we named as the Bidder in the Spring 2021 BEC RFP, will this new entity still be able to participate in an abbreviated Part 1 Proposal process?
The Procurement Administrator posted the Final Targets for energy and capacity to the Final Materials page of the Block Energy and Capacity section of the procurement website on March 18, 2021.
The Targets are not available in Microsoft Excel format. Preliminary Targets are available in the RFP Rules posted to the Final Materials page of the RFP website. The Final Targets will be provided to bidders in pdf format and are expected to be provided with the Part 1 Notification on March 18, 2021.