World Energy Solutions Open RFP and Call for Buyers for New Jersey Solar Renewable Energy Credit (SREC) Auction.

Buyers interested in NJ SRECs asked to respond by Wednesday, January 30, 2008.

(Last Updated on 1/29/2008)

MMA Sussex Power, LLC (MMA) is hereby requesting bids from New Jersey Electric Suppliers, Energy Brokers and other interested parties (collectively, “Bidders”) for the purchase of Solar Renewable Energy Credits (SREC’s). Anticipated SREC production is 215 SREC’s per year.  MMA is looking for pricing for 5, 8, 10, 12 and 15 year terms.

 

Responses to this RFP shall only be accepted via a web-based forward auction (the “Auction”).  The Auctions will take place on February 7, 2008 and will be run through the World Green Exchange.

The following documents describe this SREC Request for Proposal and what steps bidders must take to participate. The documents are provided in Microsoft Word files and Adobe PDF files.

Key Dates

Key dates are listed below but are subject to change:
  • Friday, January 25, 2008 - Posting of Request for Proposal and documents
  • Friday, January 25, 2008 - Auction Web Site available and passwords issued by WES (by request)
  • Tuesday, February 5, 2008 – Comments on SREC contract and RSVP due to World Energy (2:00PM ET)
  • Monday, February 11, 2008 – Demonstration RSVP due to World Energy (echarnley@worldenergy.com) ( 2:00PM ET)
  • Tuesday, February 12, 2008 – Bidder demonstration - self directed, participation is mandatory ( 2:00PM ET)
  • Wednesday, February 13, 2008 – Last day for questions (1:00PM ET)
  • Wednesday, February 13, 2008 – Confirmation of Bidder Access (or denial to Auction) ( 5:00PM ET)
  • Thursday, February 14, 2008 – Auction Begins (10:30AM ET)

 

Documents
Number Description Format Action Date Posted
1 Request for Proposal including auction schedule Word Download 1/29/2008
2 Bid Conditions Word Download 1/23/2008
3 MMA SREC Contract Word Download 1/25/2008
4 World Energy User Agreement Word Download 1/25/2008
5 World Green Exchange Web Link 1/25/2008
6 Letter of Intent PDF Download Coming Soon
 
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