PSO To Seek Proposals For 1.35 GW Solar

Part Of AEP Group, Public Service Company Of Oklahoma Issues Draft Request For Proposals For Renewables; To Seek Up To 1.35 Solar PV

PSO To Seek Proposals For 1.35 GW Solar

AEP’s PSC has come out with a draft RFP for solar PV and wind energy capacity in Oklahoma, for which the formal RFP will be launched on October 15, 2021. (Photo Credit: American Electric Power Company, Inc.)

  • AEP Group’s PSC has issued a draft RFP for up to 3.95 GW renewables capacity
  • For solar PV the capacity requirement is for 1.35 GW, and for wind energy it is stated as 2.6 GW
  • According to the draft, the PSC will prefer projects that are located within Oklahoma and qualify for federal ITC

The Public Service Company of Oklahoma (PSO), part of the American Electric Power (AEP) group through AEP Service Corporation (AEPSC), has launched draft request for proposals (RFP) documents to seek up to 3.95 GW renewable energy generation capacity, preferably located in the state of Oklahoma, US.

This capacity needs to be delivered in the form of 1.35 GW of solar PV and up to 2.6 GW of wind energy. Solar energy projects need to have a minimum of 50 MW capacity to be able to enter the contest.

For 1.35 GW solar PV RFP, PSO will select projects that can achieve commercial operations by December 15, 2024 or by December 15, 2025. These need to interconnect to the Southwest Power Pool (SPP) on completion. Bidders need to submit an alternate proposal for solar projects with a battery energy storage system (BESS) which shouldn’t be larger than 40% of the nameplate solar energy resource.

PSO has stated it won’t be accepting standalone BESS proposals under this RFP.

Solar projects that qualify for the federal Investment Tax Credit (ITC) will be preferred for this RFP since ‘the value brought to the Proposals in buying down the cost of energy by utilization of these tax credits is significant’.

Separately, it has also launched an RFP round for wind energy seeking up to 2.6 GW capacity, with each project having a minimum 100 MW nameplate capacity.

Formal RFPs for this capacity will be launched on October 15, 2021 with submission deadline as January 5, 2022.

About The Author

Anu Bhambhani

Senior News Editor: Anu Bhambhani is the Senior News Editor of TaiyangNews. Anu is our solar news whirlwind. At TaiyangNews she covers everything that is of importance in the world of solar power.Before joining our team, Anu worked in various positions at publications of the Times Group in New Delhi. As a Principal Correspondent, she conceptualized special features and supplements for both The Times of India and The Economic Times. While Anu delved deep into solar at TaiyangNews, environment topics have been close to her heart before. As Assistant Editor, she was responsible for launching Planet Earth for The Economic Times, a special series on environment. Before joining the Times Group, Anu was a Copy Editor at the Hindustan Times.Anu holds a Masters degree in Journalism and Mass Communications from the University of Rajasthan. She also studied at the Centre for Science and Environment in New Delhi on E-Outreach: New Media Technologies for Advocacy and Strategic Communication, Social Media

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