REVISED
Energy Planning & Resources Committee
of the Clean Power Alliance of Southern California
Regular Meeting
Wednesday, October 30, 2024
12:15 p.m.
Visit CPA’s YouTube Channel to watch a Live Stream of the Meeting *There may be a streaming delay of up to 90 seconds. This is a view-only live stream.
Clean Power Alliance
Executive Conference Room
801 S. Grand Ave., Suite 400
Los Angeles, CA 90017
Members of the public may also participate in this meeting remotely at the following locations:
Manhattan Beach City Hall
City Manager Conference Room
1400 Highland Avenue
Manhattan Beach, CA 90266
Alhambra City Hall
Conference Room A
111 S. First St.
Alhambra, CA 91801
Arcadia City Hall
Council Chambers Conference Room
240 W. Huntington Drive
Arcadia, CA 91007
Sierra Madre City Hall
Council Chambers
232 W. Sierra Madre Blvd.
Sierra Madre, CA 91024
West Hollywood City Hall
3rd Floor Conference Room
8300 Santa Monica Blvd.
West Hollywood, CA 90069
City of Oxnard Service Center 1
East Conference Room
214 South C Street
Oxnard, CA 93030
Carson City Hall
City Manager’s Conference Room
701 East Carson Street
Carson, CA 90745
Location Added
PUBLIC COMMENT: Members of the public may submit their comments by one of the following options:
• Email Public Comment: Members of the public are encouraged to submit written comments on any agenda item to [email protected] up to four hours before the meeting. Written public comments will be announced at the meeting and become part of the meeting record. Public comments received in writing will not be read aloud at the meeting. • Provide Public Comment During the Meeting: The General Public Comment item is reserved for persons wishing to address the Committee on any Clean Power Alliance-related matters not on today’s agenda. Public comments on matters on today’s Consent Agenda and Regular Agenda shall be heard at the time the matter is called. Comments on items on the Consent Agenda are consolidated into one public comment period. Members of the public who wish to address the Committee at CPA’s Office are requested to complete a comment card and provide it to staff.
If you are attending from a remote location, please identify yourself to a CPA representative when your item is called. Each speaker is limited to two (2) minutes (in whole-minute increments) per agenda item with a cumulative total of five 5 minutes to be allocated between the General Public Comment, the entire Consent Agenda, or individual items in the Regular Agenda. Please refer to Policy No. 8 – Public Comment for additional information.
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ACCESSIBILITY: Meetings are accessible to people with disabilities. Individuals who need special assistance or a disability-related modification or accommodation to participate in this meeting, or who have a disability and wish to request an alternative format for the meeting materials, should contact the Clerk of the Board at least two (2) working days before the meeting at [email protected] or (213) 713- 5995. Notification in advance of the meeting, while not required, will enable us to make reasonable arrangements to ensure accessibility to this meeting and the materials related to it.
CALL TO ORDER & ROLL CALL
GENERAL PUBLIC COMMENT
CONSENT AGENDA
1. Approve Minutes from the September 25, 2024, Energy Committee Meeting
2. Receive and File September 2024 Risk Management Team Report
REGULAR AGENDA
3. Oral Update from the Vice President of Power Supply
4a. Approve the 2024 Queue Custer 15 RFO Shortlists and Waitlists for Both Full Capacity Delivery Status and Energy Only as Recommended by the RFO Review Team
4b. Authorize Staff to Enter Into Bilateral Exclusivity Agreements With FCDS QC 15 Proposals With a Generation Component as Recommended by the RFO Review Team
COMMITTEE MEMBER COMMENTS
ADJOURN – NEXT MEETING NOVEMBER 27, 2024
Public Records: Public records that relate to any item on the open session agenda for a Committee Meeting are available for public inspection. Those records that are distributed less than 72 hours prior to the meeting are available for public inspection at the same time they are distributed to all, or a majority of, the members of the Committee. Public records are available for inspection at CPA’s Office at 801 S. Grand Ave., Suite 400, Los Angeles, CA 90017, or online at www.cleanpoweralliance.org/agendas.
Staff Report – Agenda Item 1
To: Energy Planning & Resources Committee
Subject: Approve Minutes from the September 25, 2024, Energy Committee Meeting
Date: October 30, 2024
RECOMMENDATION
Approve.
ATTACHMENT
1. Minutes
Energy Planning & Resources Committee Item 1
MINUTES
Energy Planning & Resources Committee
of the Clean Power Alliance of Southern California
Regular Meeting
Wednesday, September 25, 2024, 12:15 p.m.
Meeting videos are available on CPA's YouTube Channel.
http://www.youtube.com/@CPApublicmeetings
Committee Members participated in this meeting from the following locations:
Manhattan Beach City Hall
City Manager Conference Room
1400 Highland Avenue
Manhattan Beach, CA 90266
Clean Power Alliance Office
Executive Conference Room
801 S. Grand Ave., Suite 400
Los Angeles, CA 90017
Alhambra City Hall
Conference Room A
111 S. First Street
Alhambra, CA 91802
City of Oxnard Service Center 1
East Conference Room
214 South C Street
Oxnard, CA 93030
West Hollywood City Hall
3rd Floor Conference Room
8300 Santa Monica Blvd.
West Hollywood, CA 90069
Sierra Madre City Hall
Council Chambers
232 W. Sierra Madre Blvd.
Sierra Madre, CA 91024
Arcadia City Hall
Council Chambers Conference Room
240 W. Huntington Drive
Arcadia, CA 91007
CALL TO ORDER & ROLL CALL
Chair Parkhurst called the meeting to order at 12:15 p.m., and Gabriela Monzon, Clerk of the Board, conducted the roll call.
ROLL CALL
Alhambra Jeff Maloney Committee Member Remote
Arcadia Michael Cao Committee Member Remote
Carson Absent
Manhattan Beach David Lesser Committee Member Remote
Oxnard Kathleen Mallory Committee Member Remote
Sierra Madre Robert Parkhurst Committee Chair Remote
South Pasadena Absent
West Hollywood Absent
All votes are unanimous unless otherwise stated.
Energy Planning & Resources Committee Item 1
GENERAL PUBLIC COMMENT
There was no public comment.
CONSENT AGENDA
1. Approve Minutes from the August 28, 2024, Energy Committee Meeting
2. Receive and File August 2024 Risk Management Team Report Motion: Committee Member Lesser, Manhattan Beach
Second: Committee Member Cao, Arcadia
Vote: The consent agenda was approved by a roll call vote
REGULAR AGENDA
3. Oral Update from the Vice President of Power Supply
Item incorporated into Item 4.
4. Approve the 2024 Clean Energy & Reliability RFO Shortlist and Waitlist as Recommended by the RFO Review Team
Lindsay Descagnia, Vice President of Power Supply, stated that the RFO successfully generated bids. The Review Team vetted the proposals and produced recommendations for six projects on the shortlist and six projects on the waitlist.
Staff is asking the Committee to approve the recommended shortlist and waitlist the projects.
One of the primary goals of this RFO is to secure long-term contracts and reduce the need to procure Resource Adequacy (RA) products. Ms. Descagnia described the RFO product types and eligibility, including renewable resources, standalone storage, RA only, and blended hybrid tolls. Staff developed a front-loaded strategy where 50 percent of CPA's remaining three-year procurement is completed with the 2024 RFO.
Ms. Descagnia provided an overview of the offers made and described the evaluation criteria, focusing on the Quantitative Evaluation, which uses RA-normalized NPV (Net Present Value) per MW of RA and energy-normalized NPV per MW of generated energy to determine benefits and costs.
Ms. Descagnia stated that upon the Committee’s approval, the full Board will be presented with power purchase and energy storage agreements from November 2024 to February 2025.
Chair Parkhurst briefly described how the team and staff finalized the project lists, emphasizing that the megawatt goal is within reach and that the focus now needs to be on RA. He stated that projects involving natural gas are necessary to meet reliability requirements.. Committee Member Maloney commented that he appreciated the effort to plan for many years in the future and that a diversity of projects was required to make sure CPA is in a strong position. Committee Member Mallory acknowledged the careful decision to include natural gas projects in the RA mix and expressed satisfaction that another project converting an oil facility aligns with CPA’s mission.
In response to Committee Member Lesser’s question about the review process, staff stated that the focus for renewables was on price. The more expensive project
Energy Planning & Resources Committee Item 1
of converting an oil drilling facility to energy storage was a unique opportunity.
Regarding competition with other CCAs, CPA’s credit rating is an advantage in securing contracts.
COMMITTEE MEMBER COMMENTS
Chair Parkhurst stated that upcoming Committee meetings will focus on new technologies and the Power Share Program, which provides solar energy for low-income residents. The Integrated Resource Plan has been rescheduled for 2025. Ted Bardacke, CEO, announced that CPA was recently named the top green energy provider in the United States by the National Renewable Energy Lab and thanked the Committee for contributing to that success.
ADJOURN
Chair Parkhurst adjourned the meeting at 12:58 p.m.
Staff Report – Agenda Item 2
To: Energy Planning & Resources Committee
From: Lyon Hardgrave, Director, Energy Risk Management
Approved By: Ted Bardacke, Chief Executive Officer
David McNeil, Chief Financial Officer
Subject: Receive and File September 2024 Risk Management Team Report Date: October 30, 2024
September 2024 RMT REPORT
Key Actions
• Reviewed the counterparty credit exposure summary
• Reviewed June 2024 day-ahead load forecast performance • Reviewed August 2024 market performance
• Reviewed energy positions and approved 2025-2028 hedge proposal for monthly RFO
• Reviewed positions for Resource Adequacy (RA), RPS and Carbon-Free energy products (CF)
• Reviewed 2024-2025 COD impacts on RA compliance
• Reviewed the status of Rexford and Desert Quartzite test energy • Reviewed the 2025-2027 slice of day RA position
• Reviewed Energy Risk Management Policy (ERMP) compliance for RA, REC, CF, and Energy
• Reviewed long-term energy contract amendments and terminations • Reviewed September 2024 CRR Allocations
• Reviewed and approved the Negative REC Price Strategy Policy Compliance
Policy Deviation Required Action
In April 2024, the energy
hedge position for the third
quarter of 2027 (July to
None.
Energy Planning & Resources Committee Item 2
September) exceeded the
maximum hedge limit for
that period.
This policy deviation arises from CPA continuing to enter into long term contracts for renewable energy consistent with its objective to reduce exposure to the short-term renewable energy market.
This policy deviation also arises from the latest load
forecast which includes a reduction in demand in Q3 2027 which increased CPA's hedge percentage for this period.
This deviation is expected to be resolved by Q3 2025 as the electricity production period nears and the
corresponding policy hedge limit maximums increase
above the level of energy hedges under contract.
ATTACHMENT
None.
Staff Report – Agenda Item 3
To: Energy Planning & Resources Committee
From: Lindsay Descagnia, Vice President, Power Supply
Subject: Oral Update from Vice President, Power Supply
Date: October 30, 2024
The VP will provide an oral report on CPA energy procurement activities.
Staff Report – Agenda Item 4
To: Energy Planning & Resources Committee
From: Lindsay Descagnia, Vice President, Power Supply
John McNamara, Director, Structured Contracts
Reviewed By: Matt Langer, Chief Operating Officer
Approved By: Ted Bardacke, Chief Executive Officer
Subject: 2024 QC 15 RFO Shortlist and Waitlist
Date: October 30, 2024
RECOMMENDATION
A. Approve the 2024 Queue Custer 15 RFO shortlists and waitlists for both Full Capacity Delivery Status and Energy Only as recommended by the RFO Review Team.
B. Authorize staff to enter into bilateral Exclusivity Agreements with FCDS QC 15 proposals with a generation component as recommended by the RFO Review Team
ATTACHMENT
1. 2024 QC 15 RFO Presentation
Queue Cluster 15 Offers
Energy Committee
October 30, 2024
2 Executive Summary
CAISO created the Interconnection Process Enhancements (IPE) with the goal of preventing the interconnection application process from being overwhelmed. This process allows Load Serving Entities (LSEs) like CPA to allocate Commercial Interest Points to early-stage Queue Cluster 15 (QC 15) projects.
Commercial Interest points will help CAISO determine which projects advance in the interconnection study process. This requires CPA to evaluate projects at a much earlier stage of development, before interconnection costs are known and firm pricing can be proposed.
CPA received a robust response in the 2024 Clean Energy and Reliability RFO for QC 15 projects requesting CPA’s Full Capacity Deliverability Status (FCDS) Commercial Interest Points, representing more than half of the total bids in the RFO. Those proposals are referred to as coming from the FCDS RFO since they intend to provide Resource Adequacy (RA).
CPA launched a related RFO for Energy Only QC 15 projects to solicit for QC 15 projects that will request to be studied as Energy Only (EO) and will therefore not be able to provide RA. Those proposals are referred to as coming from the EO RFO.
On October 23, a Review Team composed of four Energy Committee members and CPA Staff including the CEO, COO, and VP of Power Supply, met to produce a shortlist and waitlist recommendation for the projects CPA should allocate Commercial Interest Points. The purpose of today’s presentation is for the Energy Committee to consider the Review Team’s recommendation.
The recommended shortlists include 4 FCDS projects and 3 Energy Only projects. The recommended waitlists include 9 FCDS projects and 4 Energy Only projects.
There is only one FCDS project recommended for the shortlist that includes energy – the remaining projects on the recommended FCDS shortlist are standalone storage. The Review Team is recommending that staff be given flexibility to award commercial interest points on a bilateral basis under certain conditions.
Requested Action
3 1. Approve the 2024 QC 15 RFO shortlist and waitlist for both FCDS (Slides 19-20) and EO (Slide 22-23) as recommended by the RFO Review Team, and
2. Authorize staff to enter into bilateral Exclusivity Agreements with FCDS QC 15 proposals that have a generation
component (see Slide 16), as recommended by the RFO
Review Team
Agenda
Background
Offer Overview
Next Steps
4 Background
5 CAISO’s interconnection process starts by projects requesting to be studied for interconnection. The CAISO studies projects in batches, called “queue clusters” and has completed studies up to Queue Cluster 14.
Due to an increasing and unmanageable number of interconnection applications over the last several years, CAISO is attempting to narrow down the pool of applications for projects to those most ready to be studied. It is thought that this will encourage project developers to focus on and invest in the most viable projects prior to submitting an interconnection request.
CAISO will rank and score projects against one another to determine which ones are studied for interconnection.
For the first time, LSEs are part of the process. Each LSE has the ability to allocate Commercial Interest Points to individual projects which will increase the likelihood that a project is studied and ultimately interconnects to the grid. 6 QC 15 Interconnection Process Enhancements
CAISO
Interconnection
Queue
Interconnection Requests
for QC 15
Interconnection Capacity
Available in QC 15
Projects
Capacity
Requested
(MW)
FCDS
(MW)
Energy Only
(MW)
546 347,000 16,061 7,269
7 1. Commercial Interest: Opportunity for LSEs to express interest in particular projects. • LSE points will account for 30% of the overall scoring weight • LSE’s will have to allocate their points to projects by December 23, 2024 • LSE are awarded points two sets of points:
• FCDS - 10,950 points were allocated across all LSE’s
• Energy Only - 3,634 points were allocated across all LSE’s
2. Project Viability: Developers will be given scores based on two separate criteria:
• Percent completion of engineering design plan
• New build or expansion of existing facility
3. System Need: Developers will be given scores based on two separate criteria:
• Located in a designated Transmission Zone
• Long-Lead Time Resources (defined as geothermal, out-of-state wind, offshore wind, pumped hydro and long duration energy storage) 8 CAISO Scoring Process for QC 15 Projects
There are three key categories CAISO will use to evaluate projects for them to advance in the interconnection study process, known as the “IPE” score
RFO Refresher
The FCDS and EO RFOs solicited for QC 15 projects to allocate CPA’s Commercial Interest Points.
QC 15 projects are at an early stage, so certain details collected in the RFOs are preliminary, including pricing, which is non-binding.
Projects are evaluated and ranked based on qualitative metrics in alignment with CPAs traditional scoring criteria.
CPA gathered additional information such as the percentage of subscribed capacity at Points of Interconnection and estimated total IPE scores to help inform selection (see slide 11 for more details).
Shortlisted projects will be offered Commercial Interest Points. In return, the developer must sign an Exclusivity Agreement that will require the developer to rebid the project after the interconnection study process is complete (likely in 2028) if the project is studied by CAISO. At that time, the developer will have much more certainty of the project’s timeline and costs and will be required to provide a firm price.
As part of the Exclusivity Agreement, CPA will collect a collateral deposit from the developer which will only be returned if the project fails to be studied, withdraws from the interconnection process, or executes a PPA with CPA.
9 RFO - Product Types and Eligibility
10 RFO Product Types Description of Eligible Resources Term (Years) Size (MW)*
FCDS RFO
Renewable Portfolio
Standard (RPS)
Generation Only
Solar, wind, geothermal, biomass, small hydro that intend to apply for FCDS 10 to 20 15 to 500
FCDS RFO RPS Generation +
Storage
RPS generation paired with storage that intend to apply for FCDS 10 to 20 15 to 500
FCDS RFO Standalone Storage Standalone storage facilities with a minimum duration of at least 4 hours that intend to apply for FCDS 10 to 20 15 to 500 EO RFO
Renewable Portfolio
Standard (RPS)
Generation Only Solar or wind that intend to apply for Energy Only 10 to 20 15 to 216 *The minimum size eligibility requirement for projects located within Los Angeles or Ventura county is 5 MWs
Additional QC 15 Metrics
In order to better inform selection discussions, staff developed additional metrics for QC 15 Selection which were used when determining the shortlist and waitlist recommendation.
Point of Interconnection (POI) Subscription Level
This metric is the total QC 15 capacity applying for deliverability allocation at a POI divided by the FCDS capacity available at a POI. A smaller number is more desirable and indicates there is less capacity competing for FCDS MWs at a POI.
Many POIs now have no FCDS available, meaning there is little chance a QC 15 project would be able to receive FCDS at those locations, these projects are not recommended for allocation of CPA’s Commercial Interest Points.
For EO offers staff looked at total available capacity in each study area.
CAISO IPE Score
This metric attempts to predict the IPE score the CAISO will give a project for its Project Viability and System Need components. The score is based on answers to project specific questions. A higher score is more desirable.
The score for Project Viability is based on two components, the completeness of the engineering design plan and whether the project is an expansion of an existing facility.
The System Need score provides points for projects located in either a CAISO transmission zone with demonstrated need for additional capacity or for projects that meet the CPUC long lead time requirements (out of state and offshore wind, geothermal, pumped hydro & long duration energy storage)
11 CPA Commercial Point Allocation Strategy
LSE’s were allocated Commercial Interest points based on load share.
CPA received the third most points amongst 70 LSEs (6% of total points) 652 MW of FCDS Points
216 MW of Energy Only Points
Ideally, CPA would allocate its points across a diverse portfolio of project type, sizes and counterparties, however, spreading its points too thin or allocating too few points to a project could decrease its chances of being studied.
CPA is at an advantage for attracting larger projects since only 12 LSE’s were allocated over 200 FCDS points, however developers can combine points from multiple LSEs to reach total the capacity of the project.
While commercial interest points are coveted by developers, LSEs are in competition for the most attractive projects and negotiations are unpredictable. Therefore, a healthy waitlist of projects to supplement any shortlisted projects that fail to enter exclusivity is necessary.
In addition to selecting projects, the Review Team considered offering projects both full or partial points. Staff will need flexibility during shortlist negotiations to assign points on a case-by-case basis to allow for unknown factors in this first-of-its-kind process, and therefore may ultimately end up not assigning the full number of Commercial Interest Points requested by the bidder for each project.
12 Offer Overview
13 FCDS and EO RFO- Offer Overview
Summary Stats FCDS Energy Only
Number of offers 74 23
Offers at location with no FCDS available 40 NA
Number of sellers submitting offers 20 12
Counties spanned by submissions 23 15
States represented by offers CA, NV, AZ CA, NV, AZ
Local Projects 5 0
Earliest online date 2028 2030
Latest online date 2035 2033
Product Type
(Conforming Offers) Total Local
Standalone Storage
(FCDS) 63 5
RPS + Storage (FCDS) 11 0
RPS Generation Only
pursuing FCDS 0 0
Energy Only Solar 22 0
Energy Only Wind 1 0
Total 97 5
Evaluation Criteria
QC 15 projects are ranked using CPA’s standard criteria (see Appendix for detailed descriptions):
Environmental
Stewardship
Workforce
Development
Development
Risk
Project
Location
Benefits to
DACs
15 Bilateral Offers
Due to the limited number of viable QC 15 proposals with a renewable generation component, CPA may need to pursue bilateral proposals for generation resources if the shortlisted and/or waitlisted projects in this category do not enter exclusivity.
LSEs must allocate their Commercial Interest Points by December 23rd, so there is limited time to locate resources, seek approval from the Energy Committee, and negotiate Exclusivity Agreements if shortlisted projects with a renewable generation component drop out.
Therefore, the Review Team recommended that the Energy Committee give staff the authority to enter into bilateral Exclusivity Agreements with FCDS QC 15 proposals that have a generation component.
The bilateral proposals with generation would be evaluated under the same qualitative criteria. CPA would not move forward with bilateral proposals that have a low score in either Environmental Stewardship or Workforce Development.
16 Recommended
Projects
17 Shortlist and Waitlist Summary - FCDS
Shortlist
Project Count Net Qualifying Capacity
(NQC) MWh
Renewable Generation + Storage 1 100-200 300,000 - 400,000 Standalone Storage 3 850 0
Total 4 950 - 1,050 MW 300,000 - 400,000 MWh
Waitlist
Project Count Net Qualifying Capacity
(NQC) MWh
Renewable Generation + Storage 2 556 1,060,856
Standalone Storage 7 517 0
Total 9 1,073 MW 1,060,856 MWh
Shortlist Recommendation - FCDS
19 Project Online Project Type
MW Gen
Range
MW Storage
Range
Environmental
Stewardship
Benefits to
DACs
Workforce
Development
Project
Location
Development
Score County
A 12/2031 Renewable Generation +
Storage 100-200 100-200 Neutral Medium Medium Medium Medium Fresno B 12/3031 Standalone Storage 0 200-300 Neutral High Medium Medium Medium Merced C 1/2031 Standalone Storage 0 200-300 Neutral Neutral High Medium Medium San Bernardino
D 6/2030 Standalone Storage 0 200-300 Neutral High High Medium Medium San Joaquin
Waitlist Recommendation - FCDS
20 Project Online Project Type
MW Gen
Range
MW
Storage
Range
Environmental
Stewardship Benefits to DACs
Workforce
Development Project Location
Development
Score County
A 1/2029 Renewable Generation +
Storage 100-300 100-300 Neutral Medium High Medium Medium Fresno B 1/2029 Renewable Generation +
Storage 100-300 100-300 Neutral Medium High Medium Medium Fresno C 12/2031 Standalone Storage 0 100-300 Neutral High Medium Medium Medium San Bernardino
D 6/2030 Standalone Storage 0 300-600 Neutral Medium High High Medium Los Angeles
E 6/2030 Standalone Storage 0 100-300 Neutral High Medium Medium Medium Fresno F 6/2030 Standalone Storage 0 100-300 Neutral High Medium Medium Medium Fresno G 6/2030 Standalone Storage 0 100-200 Neutral Medium High Medium Medium Santa Clara
H 12/2030 Standalone Storage 0 100-200 Medium High High Medium Medium Monterey I 6/2030 Standalone Storage 0 100-300 Neutral Neutral Medium Medium Medium Kern
Shortlist and Waitlist Summary - EO
Shortlist
Project Count Nameplate Capacity
(MW) MWh
Renewable Generation Only 3 532 1,511,344
Total 3 532 MW 1,511,344 MWh
Waitlist
Project Count Nameplate Capacity
(MW) MWh
Renewable Generation Only 4 864 2,537,515
Total 4 864 MW 2,537,515 MWh
Shortlist Recommendation - EO
22 Project Online Project Type
MW Gen
Range
Environmental
Stewardship Benefits to DACs
Workforce
Development Project Location
Development
Score County
A 6/2030 Renewable Generation 100-300 Neutral High High Medium Medium Nye, NV B 10/2030 Renewable Generation 100-200 Medium High High Medium Medium Fresno C 12/2032 Renewable Generation 100-300 Neutral High High Medium Medium Fresno
Waitlist Recommendation - EO
23 Project Online Project Type
MW Gen
Range
Environmental
Stewardship Benefits to DACs
Workforce
Development Project Location Development Score County
A 6/2030 Renewable Generation 100-300 Medium Neutral High Low High Yuma, AZ B 5/2031 Renewable Generation 100-300 Neutral High High Medium Medium Kern C 12/2032 Renewable Generation 100-300 Neutral High High Medium Medium Kern D 12/2032 Renewable Generation 100-300 Neutral Medium High Medium Medium Riverside
NEXT STEPS
24 Next Steps
25 Item Date
Energy Committee shortlist and waitlist consideration October 30, 2024 Proposer notified of shortlist and waitlist status October 31, 2024 Negotiations begin for shortlisted proposals and waitlisted proposals (if needed), exclusivity agreements are executed November 2024 CPA allocates its FCDS and Energy Only Commercial Interest Points December 23, 2024
Requested Action
26 1. Approve the 2024 QC 15 RFO shortlist and waitlist for both FCDS (Slides 19-20) and EO (Slide 22-23) as recommended by the RFO Review Team, and
2. Authorize staff to enter into bilateral Exclusivity Agreements with FCDS QC 15 proposals that have a generation
component (see Slide 16), as recommended by the RFO
Review Team
APPENDIX:
Qualitative
Scoring for
Renewable
Resources
27 IPE Scoring Metrics
IPE Score uses CAISO’s IPE selection methodology and awards points based on feedback on the following:
Project Viability - A
Item Engineering % complete Points Max Available Points Engineering Design Plan 50% max complete - 1 point per % complete 0-50 50 Project Viability - B
Item Expansion of Facility Points Max Available Points
Expansion of Generating
Facility NA 0 50
Expansion of a facility that is under construction 10
Expansion of an operating facility 20
Expansion of a facility that is under construction or in operation, where the Gen-Tie has sufficient capacity to accommodate the additional resource 50
System Need
Item System Need Points Max Available Points
Transmission Zone Not located in CAISO Transmission Zone 0 100 Located in CAISO Transmission Zone 50
Located in CAISO Transmission Zone and has TPP approved Transmission 100
Development Score
Projects will be ranked from high (good) to low (bad)
The development risk metric is a composite rank based on a number of factors impacting project risk:
o Site control
o Interconnection status
o Environmental screens
o Land use and permits
o Project financing
o Developer experience
Environmental Stewardship
Projects are ranked high, medium, neutral, and low based on the following prioritization:
Demonstrates multiple benefits (provides additional societal, health, economic, water saving, or environmental benefits beyond the climate and GHG reduction benefits of renewable energy)
HIGH
Located in an area designated as a preferred renewable energy zone and received required land use entitlement permits
MEDIUM
LOW Project is located in a high conflict area
NEUTRAL Project does not demonstrate either preference or avoidance criteria
Workforce Development
Projects are ranked high, medium, and low based on the following prioritization:
The project will use targeted-hire, union labor, or multi-trade project labor agreements (including requirements for state-apprenticeship graduates) HIGH The project does not have a labor agreement, but can demonstrate prevailing wage, union labor, and targeted hire commitments MEDIUM The project does not demonstrate prevailing wage, union labor, and targeted hire commitments
LOW
Benefits to Disadvantaged Communities
Projects are ranked high, medium, neutral, and low based on the following prioritization:
Located within a DAC and demonstrates DAC workforce and community development benefits HIGH
Project not located within a DAC but can demonstrate DAC benefits and has completed community outreach MEDIUM
LOW Project is inconsistent with community priorities
NEUTRAL Project does not demonstrate DAC benefits
Project Location
HIGH In Los Angeles and Ventura counties
Other counties within California
Projects located within a Federally-designated energy community or on tribal lands with demonstrated community support (including outside of California)
MEDIUM
Projects outside of California not located in a Federally-designated energy community or on tribal lands without demonstrated community support LOW
Projects are ranked high, medium, and low based on the following prioritization: