Urgent Alert

2024 Bundled RPS Energy Sale Solicitation (REC Solicitation)

2024 Bundled Renewable Portfolio Standard (RPS) Energy Sale Solicitation (REC Solicitation)

PG&E is conducting a solicitation to sell Portfolio Content Category 1 (PCC 1) bundled Renewable Portfolio Standard (RPS) – eligible energy and Renewable Energy Credits (RECs) generated in 2024 pursuant to a confirmation. PG&E is conducting this solicitation in compliance with California Public Utilities Commission (“CPUC”) Decision ("D") 23-12-008.

PG&E will have no liability or responsibility to any Participant for any change in the schedule or for failing to provide notice of any change.

Solicitation Materials

 

Participants must meet the criteria established in PG&E's RFO Protocol in order to submit a Bid. All required offer package documents are listed below. They can be downloaded and submitted on the Wood Mackenzie online platform linked below.

 

  • 2024 Bundled RPS Energy Sale - Solicitation Protocol (DOCS)
  • Attachment A - 2024 Bundled RPS Energy Sale EEI Master Agreement Confirmation (DOCS)
    • The EEI Agreement Confirmation used in this RFO is specific to transactions executed under an EEI Master Agreement with Collateral Annex and as such, Participants will need to have an EEI Master and Collateral Annex in place with PG&E prior to the execution of an Agreement in this Solicitation. Participants interested in establishing an EEI Master Agreement with PG&E should send an email to the Solicitation mailbox at ShortTermRECSales@pge.com with such request as soon as possible. To expedite processing, Participants who have an EEI Master Agreement with PG&E are encouraged to submit a copy of it with their solicitation materials.
  • Attachment B - 2024 Bundled RPS Energy Sale - Participant Attestations (PDF)
  • Attachment C - 2024 Bundled RPS Energy Sale - Confidentiality Agreement (DOCS)
  • Attachment D - Documentation of Entity Legal Status from the California Secretary of State or Joint Powers Authority (DOCX or PDF)
    • Participant or end-user counterparty must demonstrate that it has an “Active” legal status authorized by the California Secretary of State in order to engage in business with PG&E. A webpage screenshot verifying Participant or end-user counterparty’s “Active” legal status via the California Secretary of State’s webpage is acceptable. The California Secretary of State website is located at https://bizfileonline.sos.ca.gov/search/business. Note, a Joint Powers Authority ("JPA") is also acceptable.

 

Wood Mackenzie Registration

 

All participants will need to register with the Wood Mackenzie online platform to gain access to submit an offer into the RFO. 

 

Contact Information

 

For information or questions about 2024 Bundled RPS Energy Sale Solicitation, email ShortTermRECSales@pge.com with a copy to the Independent Evaluator, Lewis Hashimoto at arroyosecoconsulting@gmail.com.

 

Accessibility

 

If you encounter any digital or disability access issues, or you would like to provide PG&E with feedback or suggestions regarding such access, please email our team at solicitationaccessibility@pge.com. This mailbox is monitored during regular business hours (M-F; 8 a.m. - 5 p.m.). We will respond to your inquiry within 2 business days.

More resources

Wholesale electric power procurement

PG&E purchases wholesale electric energy and capacity from generators and suppliers.