Hoosier Energy Announces RFP; Info Session 3/10/2020
Hoosier Energy Rural Electric Cooperative (“Hoosier”) is soliciting proposals for supply resources through a Request for Proposals (“RFP”) process to acquire, construct or contract for additional capacity and energy resources in support of its member requirements.
In 2019, Hoosier undertook a resource planning process and it is anticipated that Hoosier will require up to 1,000 MW (UCAP) by 2023. The purpose of the RFP is to identify the most viable resources available to Hoosier to meet their members’ resource needs. Hoosier intends to identify a mix of capacity and energy resources that may include solar, wind, thermal and market / financial resources in support of Hoosier’s member requirements.
Hoosier has retained Charles River Associates (“CRA”) to manage the RFP processes for the purpose of creating the RFP and soliciting responses. CRA will support Hoosier’s evaluation of all proposals and facilitate the selection process.
On Tuesday, March 10, 2020, at 2:00 PM Eastern Time, Hoosier and the RFP Manager will host an Information Session covering the Hoosier RFP process. The Information Session will be conducted via WebEx. Instructions for participating in the Information Session are attached as a PDF file.
For more information on the Hoosier RFP process, please visit the Information Website at https://www.hoosier-rfp.
The RFP Manager
Auctions.crai.com | www.crai.
Requests for Proposals
Hoosier is committed to meeting the energy needs of its cooperative members today and in the future. In association with that commitment to serve the needs of its membership by providing assured, reliable and competitively priced energy, Hoosier undertook a resource planning process in 2019. It is anticipated that Hoosier will require up to 1,000 MW by 2023. Hoosier is seeking to acquire, construct or contract for additional capacity and energy resources in support of its member requirements.
As a result, Hoosier is soliciting proposals for supply resources through a Request for Proposals (“RFP”) process that will be administered in 2020. The purpose of the RFP is to identify the most viable resources available to Hoosier to meet their members’ resource needs. Hoosier intends to identify a mix of capacity and energy resources that may include solar, wind, thermal and market / financial resources in support of Hoosier’s member requirements.
Several important milestone dates for the RFP process are shown below:
| RFP is Issued | March 3, 2020 |
| Information Session for Potential Respondents | March 10, 2020 |
| Notice of Intent w/ Pre-Qualification Documents Due: | March 17, 2020 |
| Notification of Pre-Qualification: | March 20, 2020 |
| Proposals Due: | April 3, 2020 |
| Start of Bid Evaluation Period (tentative): | April 3, 2020 |
| Bid Evaluation Completed (tentative): | June 2020 |
| Definitive Agreements Signed with Bidders (tentative): | September 2020 |