Power Advisory LLC has been engaged by Emera as independent administrator for the Atlantic Link project’s energy solicitation, which was issued yesterday (January 11, 2017). The intent of this call is to select energy resources to be bundled with transmission in response to the Commonwealth of Massachusetts’ anticipated 2017 clean energy RFP. As independent administrator, we will provide assurance to proponents and the Federal Energy Regulatory Commission (FERC), as to the fairness and transparency of activities related to the Atlantic Link energy solicitation.
To access complete solicitation information parties can register on the project’s website. A notice of intention to participate is due by January 20, 2017; after which Power Advisory and Emera will jointly host a participant conference in Nova Scotia and via WebEx. Qualified participants will have until April 12, 2017 to submit proposals. The tentative solicitation schedule can be found below.
|Atlantic Link Energy Solicitation Issued||January 11, 2017|
|Notice of Intention to Participate due||January 20, 2017|
|Mutual Confidentiality Agreement Due||January 20, 2017|
|Participant conference (Meeting in Halifax, NS + WebEx)||January 25, 2017|
|Deadline for submitting written questions||February 8, 2017|
|Responses to questions posted to web site||February 20, 2017|
|Individual meetings with proponents||Week of February 20, 2017|
|Deadline for Proposals, by 3:00 pm (EST)||April 12, 2017|
|Proposal Evaluation Period (estimated)||May 10, 2017|
|Notification to Proponents (estimated)||May 10, 2017|
|PPAs executed||June 9, 2017|
|Projects in-service by||Q4, 2022|
Per the solicitation notice proposals will be evaluated and ranked on : offered price for sale of energy; evaluated cost of energy to the Atlantic Link terminus in New Brunswick, cost to firm the energy offered, maximization of the utilization of the transmission capability of the Atlantic Link, firmness of energy, energy source and resource mix, the proponent’s capacity to deliver the energy offer, financial capability and relevant experience, the proponent’s plans for community engagement and environmental approval plan, and the likelihood of successful execution of an Indigenous People’s declaration and plan.