September 23, 2019

SCE 2020-2024 Resource Adequacy e-Solicitation

Southern California Edison Company (“SCE”) is pleased to announce the launch of its 2020-2024 Resource Adequacy (“RA”) e-Solicitation where SCE is seeking offers for the sale (i.e., SCE buys), purchase (i.e., SCE sells), purchase/sell (i.e., simultaneous SCE buys/SCE sells) of the following eligible RA & Import Capability Transfer products with respect to the 2020 – 2024 delivery periods, as summarized below. Within this solicitation, SCE is also making available the RA from their respective TMNBC units pursuant to (D.)18-12-003 Ordering Paragraph (OP) 5.

Resource Adequacy Product Table

PRODUCT SCE SEEKING TO: DELIVERY POINT MINIMUM VOLUME PRICING CONTRACT DELIVERY PERIOD  


RA AREA
ATTRIBUTES

EARLIEST START DATE LATEST END DATE DELIVERY PERIOD
CAISO System & Local RA Purchase CAISO 1 MW Fixed Price

($/kW-month)

01/01/2020 12/31/2024 Monthly

Q3

Year-Round

CAISO System

LAB Local

BCV Local

CAISO System & Local RA * Sell CAISO 1 MW Fixed Price

($/kW-month)

01/01/2020 12/31/2022 Monthly CAISO System

LAB Local

BCV Local

CAISO System & Local RA Local for System RA Purchase/Sell

(i.e., SCE Sells Local RA and SCE purchases System RA)

CAISO 1 MW Fixed Price

($/kW-month)

01/01/2020 12/31/2022 Monthly

Q3

Year-Round

SCE Purchases: CAISO System

 

SCE Sells:

LAB Local

BCV Local

Bay Area Local

Fresno Local

Kern Local

NCNB Local

San Diego-IV Local

Sierra Local

Stockton Local

Local RA Local for Local RA Purchase/Sell

(i.e., SCE Sells Local RA and SCE purchases LAB or BCV Local RA)

CAISO 1 MW Fixed Price

($/kW-month)

01/01/2020 12/31/2022 Monthly

Q3

Year-Round

SCE Purchases:

LAB Local

BCV Local

 

SCE Sells:

Bay Area Local

Fresno Local

Kern Local

NCNB Local

San Diego-IV Local

Sierra Local

Stockton Local

*Annual & Q3 Local RA sales require an equivalent MW volume exchange of System RA or Local LAB/BCV RA; bids should be reflective of the Local premium paid which may be in the form of a $/kw-mo premium or through a volumetric MW increase (volumetric MW increase preferred).

** SCE Sells, System for Local, and Local for Local products are only offered for years 2020-2022. SCE prefers to receive LA Basin & Big-Creek Ventura Local RA in swap transactions.

 

Import Capability Transfer Product Table

PRODUCT SCE SEEKING TO: DELIVERY POINT MINIMUM VOLUME PRICING CONTRACT DELIVERY PERIOD  


RA AREA
ATTRIBUTES

EARLIEST START DATE LATEST END DATE DELIVERY PERIOD
Eligible Import Capability Transfers i.e. Import Allocation Rights Purchase MALIN500 (COB)

NOB_ITC (NOB)

PALOVRDE_ITC (PV)

MEAD_ITC (MEAD)

1 MW Fixed Price

($/kW-month)

07/01/2020 09/30/2020 Q3 or Monthly for July, August, September N/A
Eligible Import Capability Transfers i.e. Import Allocation Rights Purchase MALIN500 (COB)

NOB_ITC (NOB)

PALOVRDE_ITC (PV)

MEAD_ITC (MEAD)

1 MW Fixed Price

($/kW-month)

01/01/2020 12/31/2020 Q1, Q2, Q4 N/A

 

RA Capacity Sales from TMNBC Units (Background below)

PRODUCT SCE SEEKING TO: DELIVERY POINT MINIMUM VOLUME PRICING CONTRACT DELIVERY PERIOD  


RA AREA
ATTRIBUTES

EARLIEST START DATE LATEST END DATE DELIVERY PERIOD
Pacific Ultrapower Chinese Station Sell CAISO 1 MW Fixed Price

($/kW-month)

01/01/2020 12/31/2022 Monthly Stockton Local
Rio Bravo Rocklin Sell CAISO 1 MW Fixed Price

($/kW-month)

01/01/2020 12/31/2022 Monthly Fresno Local
Rio Bravo Fresno Sell CAISO 1 MW Fixed Price

($/kW-month)

01/01/2020 12/31/2022 Monthly Sierra Local

Background: As required by (D.)18-12-003 Ordering Paragraph (OP) 5 and pursuant to SCE’s approved Advice 3955-E establishing SCE’s RA Sales Framework for the TMNBC units, SCE shall make available the RA from their respective TMNBC units.

 

All proposals should be submitted to SCE via email to RFO@sce.com in the appropriate form no later than WEDNESDAY, SEPTEMBER 25, 2019 by 11:59 pm PST. SCE will notify participants by telephone and/or e-mail of transactions selected no later than TUESDAY, OCTOBER 1, 2019. The 2020-2024 RA e-Solicitation timeline is referenced below.

DATE DAY OF WEEK EVENT  
09/25/2019 by 11:59PM PST Wednesday Offer Submission Deadline  
10/01/2019 Tuesday Selection Notification Date  
10/03/2019 Thursday Notification of Declined Offers  
10/25/2019

(no later than date)

Friday Execution Deadline  

 

Respondents are encouraged to review the attached 2020-2024 RA e-Solicitation Instructions and documents for additional information. For questions or further information related to this solicitation, please send inquiries to RFO@sce.com, Justin.Dillon@sce.com, and Raafay.Ahmed@sce.com.

READ RA INSTRUCTIONS


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