For the past few years, Southern California Edison had a feed-in tariff for renewables up to 20 MW in size, priced at the MPR (250 MW total per year). It’s called the Renewable Standard Contract program. In 2009, they did 140 MW of PV…the rest a bit of wind, a bit of biomass.
This year, they shifted from a fixed-price to a competitive solicitation. Result: all 250 MW is PV, all below the MPR (the Market Price Referent is the an annual calculation of the 20 year levelized cost of energy of a combined cycle gas turbine). See the advice letter filing, here (pdf). Signficantly, SCE reports that it received over 2.5 GW in bids.
That’s a lot of solar, at a good price.
[...] case you missed it, CleanTechnica has a post expanding on an item in Vote Solar which reports: “[a] milestone in solar pricing has been met in California.” According to [...]
Fabulous news! Have been telling members of management for years that this would be possible, that they could do it! Good to know all the work is beginning to pay off.
[...] in Solar Energy A milestone in solar pricing has been met in California this month, according to Vote Solar. Southern California Edison has selected 250 MW worth of solar bids from companies able to produce [...]