United Kingdom-London: Electricity
Prior information notice
This notice aims at reducing time limits for receipt of tenders
Section I: Contracting authority
Main address: www.cityoflondon.gov.uk
Section II: Object
Power Purchase Agreement for Off-site Renewable Electricity
The City of London Corporation (“City Corporation”) has committed to sourcing 100 % renewable electricity, with renewable PPAs being an integral part of its energy procurement and sustainability strategies.
The City Corporation is therefore seeking to sign a long-term offsite Power Purchase Agreement (“PPA”) with a wind farm or solar PV developer in Great Britain (i.e. excluding Northern Ireland). In the interest of creating “additionality”, the City Corporation seeks a “new” project, which is not yet constructed but that has already been permitted/consented. The City Corporation would consider an operational project as a bridging option only.
The City Corporation intends to sign a long-term offsite Power Purchase Agreement (“PPA”) with a wind farm or solar PV developer in Great Britain (i.e. excluding Northern Ireland).
A sleeved (“physical”) PPA structure is sought, with the City’s existing utility supplier providing the sleeving services. The project(s) should be new i.e. not yet constructed, but should already be permitted/consented. An operational project would be considered but as a bridging option only.
The City Corporation ideally seeks a PPA of around 10 to 15 years generation from a c.50-60 GWh/yr project, or portfolio of projects, with anticipated commercial operations by the end of Q4 2021.
Section III: Legal, economic, financial and technical information
As stated in the ITT documents.
Section IV: Procedure
Section VI: Complementary information
It is intended that the exact scope of the project be refined according to the results of a soft market testing exercise, which interested parties are encouraged to participate in.
The soft market testing exercise can be found by registering at www.capitalesourcing.com
Information on certificates required in public procurement in the EU