Background
Southern California Edison Company (“SCE”), acting as the Central Procurement Entity (“SCE CPE”) for its distribution service area, is launching the the 2024 Central Procurement Entity Local Resource Adequacy Request for Offers (“2024 SCE CPE Local RA RFO”) seeking offers to procure multi-year Local Resource Adequacy (“Local RA”) to meet the requirements of California Public Utilities Commission (“CPUC”) Decisions (“D.”) 20-06-002, 20-12-006, 22-03-034 and 23-06-029, the Central Procurement Entity (“CPE”) Decisions.
SCE CPE will procure Local RA for the Los Angeles Basin (“LAB”) and Big Creek-Ventura (“BCV”) local areas in SCE’s distribution service area for delivery periods starting January 1, 2025 with a preference for delivery periods from January 1, 2025 to December 31, 2027. All procurement conducted by SCE CPE is separate and distinct from procurement conducted by SCE for SCE’s bundled electric service customers.
Products Solicited by SCE CPE
| Compensated Products | Description |
|---|---|
| Local RA Capacity (“RA-Only”) | Local RA Capacity with all RA attributes (local, system, and if applicable, flex) from generators with an NQC |
| Financial Settled Tolling Product with Local RA Capacity | Financially Settled Tolling agreement with generation which will include an energy settlement calculation. SCE will not serve as the scheduling coordinator and will have no dispatch rights. SCE CPE will consider only the following resource types for financially settled tolling product:
|
| Self-Show Local RA Resource | LSEs Self-Show local RA Capacity to the CPE from certain preferred, energy storage, and hybrid resources for a premium. LSEs retain system and flexible RA Capacity from any Self-Shown resource. |
| Non-Compensated Products | Description |
|---|---|
| Self-Show Local RA Resource | LSEs Self-Show local RA Capacity to the CPE for no compensation. LSEs retain system and flexible RA Capacity from any Self-Shown resource. |
Key Dates
| Date | Event |
|---|---|
| April 8, 2024 | RFO Launch |
| April 15, 2024 at 10:00am PST | Market Participant Webinar: Webinar Link |
| May 6, 2024 at 12:00 p.m. Noon PST | SCE as the LSE Offer Submission Deadline Including compensated / non-compensated self-shown resources and compensated offered resources |
| May 7, 2024 at 12:00 p.m. Noon PST | All Other Offer Submission Deadline Including compensated / non-compensated self-shown resources and compensated offered resources |
| May 7, 2024 – Late July 2024 | Selection Notification Period |
| No Later than August 16, 2024 | Execution Deadline |
Event Registration
All market participants interested in participating are required to pre-register through the PowerAdvocate website. Please visit PowerAdvocate® for SCE CPE Local RA RFO to access detailed RFO instructions (also posted here), pro forma agreements and/or term sheets, offer workbooks, and other additional information. Search for the event code 115260 or use the link below:
https://www.poweradvocate.com/pR.do?okey=115260&pubEvent=true
RFO Documents
- RFO Instructions
- LCR RCM Premiums
Contact Information
Any questions regarding this RFO may be directed to CPE@SCE.com. Please copy the Independent Evaluator, Alan.Taylor@SedwayConsulting.com at Sedway Consulting, on all communications. We look forward to your participation.
To receive notices about this RFO, please register for the SCE CPE distribution list here.