The five bids remaining for the Commonwealth Utilities Corp.\u2019s long-term energy plans include a mix of renewable and thermal projects.<\/p>\n
According to the latest presentation of Leidos Engineering LLC, the third party reviewing these bids, there are two \u201crenewable,\u201d and three \u201cthermal\u201d projects under consideration.<\/p>\n
CUC has described their long-term energy plans, or \u201cintegrated resource management\u201d plan, as a combination of both base-load and renewable energy sources capable of providing reliable power at the lowest price to consumers.<\/p>\n
These plans will stretch up to 25 years.<\/p>\n
According to Leidos\u2019 presentation file, one bidder\u2014or \u201cRenewable 1\u201d\u2014has offered a range of solar generation, both with and without storage and including optionality with regard to site control at specific feeders.<\/p>\n
This bidder has a range of bids that cover from one megawatt to 10 megawatt max capacity.<\/p>\n
\u201cRenewable 1\u201d would be a 25-year power purchase agreement, with no upfront cash from CUC.<\/p>\n
Another bidder, \u201cRenewable 2,\u201d provides simple solar generation with 10-megawatt max capacity, according to Leidos.<\/p>\n
It also wants a 25-year power purchase agreement with no upfront cash.<\/p>\n
A third bidder\u2014termed \u201cThermal 1\u201d\u2014has a project that involves diesel engines burning heavy fuel oil, according to Leidos.<\/p>\n
Max capacity for this bidder is at 30 megawatt with four units total.<\/p>\n
\u201cThermal 1\u201d plans for a 20-year power purchase agreement with no upfront CUC cash, and CUC-supplied fuel, or \u201ctolling.\u201d<\/p>\n
Tolling agreements are contracts where one party\u00a0provides a company with one form of fuel to be converted into another form of fuel on their behalf.<\/p>\n
\u201cThermal 2\u201d\u2014the second thermal energy bid\u2014proposes diesel engines burning light fuel at 30 megawatt max capacity over four units.<\/p>\n
\u201cThermal 2\u201d wants an engineering, procurement, and construction, or EPC, contract to construct, and an operations and maintenance, or O&M contract, to operate.<\/p>\n
This project will be CUC financed and with CUC-supplied fuel.<\/p>\n
\u201cThermal 3\u201d\u2014the last bidder\u2014is described by Leidos as a project ranging from \u201cextending CUC\u2019s existing assets to new diesel engines burning light fuel.\u201d<\/p>\n
This bid plans a max capacity of 30 to 70 megawatts over 12 units. They want a 20-year power purchase agreement requiring CUC securitization and guarantees, with no upfront CUC cash, and using CUC-supplied fuel.<\/p>\n","protected":false},"excerpt":{"rendered":"
The five bids remaining for the Commonwealth Utilities Corp.\u2019s long-term energy plans include a mix…<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[260,49,6763,223],"class_list":["post-209387","post","type-post","status-publish","format-standard","hentry","category-local-news","tag-commonwealth-utilities-corp","tag-cuc","tag-epc","tag-party"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/209387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=209387"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/209387\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=209387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=209387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=209387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}