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PCIA Long Term Market Offer
Regulatory Background
Pursuant to D. 22-11-021 issued on November 17, 2022, Southern California Edison Company (SCE) through this Long-Term Market Offer (MO) process is offering to all market participants the remaining Power Charge Indifference Amount (PCIA)-eligible RPS energy not accepted during its Voluntary Allocation (VA) process and not sold in the Short-Term MO process. In this Long-Term MO process, SCE will offer for sale a “slice” of its remaining PCIA-eligible RPS resource portfolio with remaining contract terms of greater than 10 years.
Buyers may submit Proposals to purchase from SCE up to 35% of its bundled Long-Term RPS-eligible energy and associated renewable energy certificates (RECs) as long-term contracts. The delivery term for such offers shall be from Commission approval of the Buyer’s contract (CPUC Approval Date) through mid-2040. SCE is only selling a forward Product in the Market Offer.
Market Offer Timeline (Long Term)
| Event | Date |
|---|---|
| Market Offer Launch | March 7, 2023 |
| Joint IOU-hosted Market Offer Bidder’s Conference | March 14, 2023 at 10:30 am – noon PPT |
| Offer Submittal Deadline | April 11, 2023 at 1:00 pm PPT |
| Notification of Award* | No later than May 31, 2023 |
| Contract execution* | No later than June 30, 2023 |
| Tier 1 Advice Letter Filing* | No later than July 31, 2023 |
*Dates are subject to change
Market Offer Participation
SCE requires enablement under an EEI Master Agreement to transact in this MO.
SCE encourages interested market participants to register on the Power Advocate Market Offer website to gain access to solicitation materials:
Power Advocate event code 138859
Webinar Conference
SCE, PG&E, and SDG&E will jointly host a Bidder’s Conference Call on March 14, 2023 to discuss procurement in this Market Offer:
Joint IOU Bidder’s Conference for PCIA Long-Term Market Offer
Market Offer Materials
- Market Offer solicitation Instructions
- Estimate of MWh volumes available, by resource technology
- Non-Disclosure Agreement
- Proposal Form (the Offer Workbook)
- Long Term Bundled Energy and REC Sales Agreement
Regulatory References
- D. 21-05-030
- D. 22-11-021