The Electric Reliability Council of Texas on May 8 issued a request for proposals for up to 500 megawatts of demand response capacity for this summer.
In the RFP, ERCOT said it has identified a need to procure capacity to meet load and reserve requirements during the summer 2024 peak load season.
Eligible demand response capacity is sought for the 2024 summer peak load season (July through September 2024) with a service start date as early as July 1, 2024 and as late as August 1, 2024.
ERCOT said it may award multiple offers in order to reduce the risk of ERCOT-directed load shed observed in its analysis.
ERCOT may reject offers that it determines do not meet the requirements of the RFP or do not cost-effectively reduce the identified risk.
All accepted offers will be paid as offered, subject to the reductions in payment described in the RFP and a Summer 2024 Contract for Capacity Governing Document.
ERCOT will not use a clearing price mechanism.
Proposals in response to the RFP are due by June 13, 2024.
