Tuesday, November 5, 2024

Centerpoint Energy Issues All-Source RFP Targeting Renewables, Thermal and Demand Side Resources and Short-Term Capacity

CenterPoint Energy, Inc. has announced that its Indiana-based electric utility business, CenterPoint Energy Indiana South, is opening a new all-source request for proposals (RFP) to seek a combination of resources including renewables (wind, solar and battery storage), thermal and demand-side resources, and short-term capacity to meet the future needs of its 150,000 electric customers in southwestern Indiana.

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“As we continue our electric generation resource transition, we are looking for additional resources that can contribute to our diversified portfolio to provide safe, reliable and cost-effective electric service to our customers,” said Steve Greenley, Senior Vice President, Generation Development.

The RFP will assist in identifying additional generation technologies that can provide fully accredited capacity no later than March 1, 2027. Later this year, CenterPoint Energy Indiana South will begin its 2022 Integrated Resource Plan, an analysis conducted every three years used to determine the best mix of generation and demand side resources to meet customers’ needs over the next 20 years.

Generation technologies being sought include:

Renewables, both wind and solar along with battery storage in paired and standalone applications;
Thermal, including coal and natural gas-fired generation, hydrogen, nuclear and other resources;
Demand side and load-modifying resources, whether standalone or aggregated, capable of providing accredited capacity; and
Short-term capacity, especially in years 2023-2025.

Eligible transaction structures include power purchase agreements, asset purchases including projects in development, demand side contracts and capacity only contracts.

CenterPoint Energy Indiana South has retained 1898 & Co., a division of Burns & McDonnell Engineering Company, Inc., to act as its agent in managing the RFP process. The RFP documents, schedule and other RFP information can be found at http://CenterPoint2022ASRFP.rfpmanager.biz/. Please direct all questions to the ‘Submit Questions’ tab on the website and all other communication to CenterPointRFP@1898andco.com.

Programs and services are operated under the brand CenterPoint Energy by Southern Indiana Gas and Electric Company d/b/a CenterPoint Energy Indiana South.

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