in News Departments > New & Noteworthy
print the content item

The Maine Public Utilities Commission (PUC) has issued a request for proposals (RFP) for long-term contracts for capacity, associated energy, and/or renewable energy credits from qualified resources.

New and existing resources from supply-side (renewable and non-renewable) and demand-side resources may participate. The selected bidders will enter into long-term contracts with one or more of Maine's investor-owned transmission and distribution utilities: Central Maine Power Co., Bangor Hydro-Electric Co. and Maine Public Service Co.

The objective of this solicitation is to acquire long-term contracts that would reduce electricity costs for Maine consumers and/or serve as a hedge against price volatility. Other factors, such as environmental and reliability attributes, will also be considered.

Bidders should note that, in accordance with statute, the PUC must ensure that any long-term contract resulting from this RFP is consistent with Maine's greenhouse-gas-reduction policies and goals. Proposals found to be most favorable will be those that fully meet the requirements of this RFP and that are most likely to achieve significant benefits for Maine electricity consumers.

Initial proposals are due by March 1, 2013. More information is available here.


Hybrid Energy Innovations

Hybrid Energy Innovations 2015
Latest Top Stories

To Help Combat Costly Electricity Theft, Emerging Markets Turn To Smart Grid Infrastructure

According to a new report, the world loses a whopping $89.3 billion to electricity theft annually, and emerging country markets are feeling a majority of the pain.


Report: Utilities Face Big Revenue Cuts From Distributed Energy Resources

According to a new report from Accenture, the growth of solar and other resources, such as energy storage, could mean significant losses for utilities.


NextEra To Acquire Hawaiian Electric In $4.3 Billion Merger Deal

If approved, the agreement between the two energy companies would produce one of North America's largest renewable energy players.


EPA Racks Up Over 1.6 Million Comments On Carbon Pollution Plan

Months after the U.S. Environmental Protection Agency released its Clean Power Plan, which will create new regulations for existing power plants, the agency says it has received loads of feedback to consider.


Smart Grid Interest Continues To Spread Among U.S. Rural Utilities

A new survey gauges rural smart grid efforts across the country and offers key findings, one of which is that nearly all utilities polled are doing something to modernize their systems.

S&C Electric_id176
edf_id180