GEN 00001 (revised 05/10/2024) Published On: 05/10/2024
Question: When are bids due for the RFP?
Answer: Bids are due by June 5, 2024.
GEN 00002 Published On: 05/16/2024
Question: Given that this RFP is directed at projects in MIZO zones 1-7, would CRA accept a non-conforming bid in MISO zone 9?
Answer: Yes, CRA will review and consider non-conforming bids in MISO Zone 9.
GEN 00003 Published On: 05/20/2024
Question: Who is the buyer requesting capacity for this RFP?
Answer: The RFP is intended to be anonymous through bid evaluation.
GEN 00004 (revised 05/20/2024) Published On: 05/20/2024
Question: Please confirm that the RFP is soliciting capacity and/or energy for a year (4) year agreement (each of the 2027-2028 through 2031-2032 MISO Planning Years)? Is there any interest in a 10-15 year PPA? Also, are you able to provide any information about who the customer is for this RFP?
Answer: The RFP is for capacity or capacity plus energy over the 2027/28 - 2031/32 MISO planning years. You are free to note in the propsal response that there may be options for longer-term PPA. At this time, CRA cannot provide any information on the counterparty beyond what has already been disclosed in the RFP documents..
GEN 00005 Published On: 05/20/2024
Question: Our project is 20MW is that too small?
Answer: CRA will accept PPA and ZRC blocks between 50 and 500 MW in size.
GEN 00006 Published On: 05/20/2024
Question: Will the buyer consider ZRCs originating from Demand Response assets for this RFP? Thanks.
Answer: Yes.
GEN 00007 Published On: 05/20/2024
Question: Would Buyer consider a financial product with firm energy and a fixed fee for floating swap for the ZRC? Buyer would then participate in auction and if clearing price was above swap price Seller would pay the difference. If clearing price is below swap price then Buyer pays Seller the difference?
GEN 00008 Published On: 05/20/2024
Question: Would be able to provide us with the buyer's credit rating?
Answer: Investment Grade = Baa3 or better at Moody's and BBB- or better at S&P/Fitch
GEN 00009 Published On: 05/22/2024
Question: Will the customer accept a capacity only renewable offer that’s accreditation changes seasonally over time? i.e. Is the customer willing to contract to a floating capacity accreditation vs. a fixed (example: the lesser of (a) X MW and (b) 100% of Seasonal Accredited Capacity assigned by MISO)