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Business Upturn
27-05-2025
- Business
- Business Upturn
Clean Power Alliance Targets Breakthrough Technologies and Business Models with New Clean Energy Innovation Solicitation
Los Angeles, Calif., May 27, 2025 (GLOBE NEWSWIRE) — Clean Power Alliance (CPA), the nation's leading green power provider and California's largest community choice energy aggregator, is excited to announce the launch of its Clean Energy Innovation Solicitation: Emerging Technologies and New Business Models. This solicitation seeks to identify and support early-stage clean energy projects that leverage innovative technologies, business models, customer programs, or procurement concepts—particularly those that may not meet the criteria of CPA's traditional Requests for Offers (RFOs)—but offer strong potential to enhance CPA's clean energy portfolio or operations. The primary goal of this solicitation is to accelerate the development of clean energy technologies that can play a key role in California's transition to a sustainable energy future. By partnering with innovative businesses, CPA aims to bring forward solutions that can be scaled to meet the state's energy needs, reduce its carbon footprint, and create opportunities for emerging technologies and business models as they advance in their commercialization process. 'This solicitation is an open call to those who are reimagining how clean energy can be produced, delivered and experienced,' said Clean Power Alliance CEO Ted Bardacke. 'We're looking for bold ideas that can scale, adapt and bring tangible benefits to the communities we serve.' The Clean Energy Innovation Solicitation is open for submissions, starting on May 27, 2025. Emerging technologies proposals will undergo two review and shortlisting cycles over the next year, while new business models submissions will be reviewed on a rolling basis per the solicitation schedule. Interested parties are encouraged to submit innovative ideas that have the potential to drive clean energy solutions and contribute to CPA's goal of delivering reliable, affordable renewable energy to Southern California residents and businesses. 'We're proud to launch this innovation-driven initiative as part of our continued commitment to advancing California's clean energy future,' said Lindsay Descagnia, vice president of power supply at Clean Power Alliance. 'By supporting emerging technologies and novel business models, we're paving the way for next-generation solutions that can accelerate the transition to a more sustainable and resilient energy system.' Submissions will be organized into two tracks with the following product types and eligibility characteristics: Track 1: Emerging Technologies Track 1 invites proposals for emerging clean energy technologies that could be in the early stages of development. This includes innovations in renewable or carbon-free power technologies, energy storage capabilities, and other advanced solutions designed to meet the growing energy demands of California. The resource must be located (or intended to be located) within California Independent System Operator (CAISO) territory or able to deliver energy to the CAISO grid. Projects within this track must meet a minimum size requirement of 1 megawatt (MW) with a maximum size requirement of 200 MW and have a projected commercial readiness date of no later than 2035. For projects selected from Track 1, proposers may elect to receive a formal letter of support from CPA for the project or enter into an agreement with CPA that would, upon successful completion of defined development milestones, allow the project to be shortlisted for negotiations of a power purchase agreement. These award mechanisms are designed to facilitate project advancement and contribute to its ultimate success. Track 2: New Business Models Track 2 focuses on new business models, innovative contracting structures, customer programs and partnerships that can benefit CPA's communities and customers. Submissions for Track 2 must have a commercial readiness date by 2030 or sooner. This track is aimed at developing creative solutions for the clean energy landscape that go beyond traditional energy procurement, creating value for both the organization and its diverse customer base. Based on Track 2 submissions, CPA may open a competitive procurement process to consider contracting for promising concepts that enhance CPA's operations and benefit its customers. How to Participate Track 1 proposals have two staggered deadlines—July 28, 2025, and January 9, 2026. Projects not submitted by the first deadline may still be submitted by the second. Track 2 proposals will be accepted on a rolling basis up to January 9, 2025. Detailed submission guidelines, including terms and conditions, evaluation criteria and proposal requirements, are available on CPA's solicitation website. About Clean Power Alliance Clean Power Alliance is the locally operated, not-for-profit electricity provider serving 38 cities and the unincorporated areas of Los Angeles and Ventura counties. CPA is the fourth largest electricity provider in California and the number one green power provider in the United States. CPA provides clean renewable energy at competitive rates for approximately three million residents and businesses, along with innovative programs that promote resiliency, electrification, and customer bill savings. CPA has an investment-grade credit rating of A-minus from S&P Global Ratings. View CPA's most recent Impact Report here. Learn more about CPA at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
27-05-2025
- Business
- Yahoo
Clean Power Alliance Targets Breakthrough Technologies and Business Models with New Clean Energy Innovation Solicitation
Seeking Innovative Solutions to Current Clean Energy Challenges with Next-Generation Approaches Los Angeles, Calif., May 27, 2025 (GLOBE NEWSWIRE) -- Clean Power Alliance (CPA), the nation's leading green power provider and California's largest community choice energy aggregator, is excited to announce the launch of its Clean Energy Innovation Solicitation: Emerging Technologies and New Business Models. This solicitation seeks to identify and support early-stage clean energy projects that leverage innovative technologies, business models, customer programs, or procurement concepts—particularly those that may not meet the criteria of CPA's traditional Requests for Offers (RFOs)—but offer strong potential to enhance CPA's clean energy portfolio or operations. The primary goal of this solicitation is to accelerate the development of clean energy technologies that can play a key role in California's transition to a sustainable energy future. By partnering with innovative businesses, CPA aims to bring forward solutions that can be scaled to meet the state's energy needs, reduce its carbon footprint, and create opportunities for emerging technologies and business models as they advance in their commercialization process. "This solicitation is an open call to those who are reimagining how clean energy can be produced, delivered and experienced,' said Clean Power Alliance CEO Ted Bardacke. 'We're looking for bold ideas that can scale, adapt and bring tangible benefits to the communities we serve." The Clean Energy Innovation Solicitation is open for submissions, starting on May 27, 2025. Emerging technologies proposals will undergo two review and shortlisting cycles over the next year, while new business models submissions will be reviewed on a rolling basis per the solicitation schedule. Interested parties are encouraged to submit innovative ideas that have the potential to drive clean energy solutions and contribute to CPA's goal of delivering reliable, affordable renewable energy to Southern California residents and businesses. 'We're proud to launch this innovation-driven initiative as part of our continued commitment to advancing California's clean energy future," said Lindsay Descagnia, vice president of power supply at Clean Power Alliance. "By supporting emerging technologies and novel business models, we're paving the way for next-generation solutions that can accelerate the transition to a more sustainable and resilient energy system.' Submissions will be organized into two tracks with the following product types and eligibility characteristics: Track 1: Emerging TechnologiesTrack 1 invites proposals for emerging clean energy technologies that could be in the early stages of development. This includes innovations in renewable or carbon-free power technologies, energy storage capabilities, and other advanced solutions designed to meet the growing energy demands of California. The resource must be located (or intended to be located) within California Independent System Operator (CAISO) territory or able to deliver energy to the CAISO grid. Projects within this track must meet a minimum size requirement of 1 megawatt (MW) with a maximum size requirement of 200 MW and have a projected commercial readiness date of no later than 2035. For projects selected from Track 1, proposers may elect to receive a formal letter of support from CPA for the project or enter into an agreement with CPA that would, upon successful completion of defined development milestones, allow the project to be shortlisted for negotiations of a power purchase agreement. These award mechanisms are designed to facilitate project advancement and contribute to its ultimate success. Track 2: New Business ModelsTrack 2 focuses on new business models, innovative contracting structures, customer programs and partnerships that can benefit CPA's communities and customers. Submissions for Track 2 must have a commercial readiness date by 2030 or sooner. This track is aimed at developing creative solutions for the clean energy landscape that go beyond traditional energy procurement, creating value for both the organization and its diverse customer base. Based on Track 2 submissions, CPA may open a competitive procurement process to consider contracting for promising concepts that enhance CPA's operations and benefit its customers. How to ParticipateTrack 1 proposals have two staggered deadlines—July 28, 2025, and January 9, 2026. Projects not submitted by the first deadline may still be submitted by the second. Track 2 proposals will be accepted on a rolling basis up to January 9, 2025. Detailed submission guidelines, including terms and conditions, evaluation criteria and proposal requirements, are available on CPA's solicitation website. About Clean Power Alliance Clean Power Alliance is the locally operated, not-for-profit electricity provider serving 38 cities and the unincorporated areas of Los Angeles and Ventura counties. CPA is the fourth largest electricity provider in California and the number one green power provider in the United States. CPA provides clean renewable energy at competitive rates for approximately three million residents and businesses, along with innovative programs that promote resiliency, electrification, and customer bill savings. CPA has an investment-grade credit rating of A-minus from S&P Global Ratings. View CPA's most recent Impact Report here. Learn more about CPA at CONTACT: John Axtell Clean Power Alliance 213-376-4850 Ext. 184 jaxtell@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Clean Power Alliance Launches its 2025 Clean Energy and Reliability Request for Offers
RFO Addresses Tariff and Tax Credit Uncertainty While Seeking Additional Renewable Energy and Reliability Resources for Southern California Customers Los Angeles, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- Clean Power Alliance (CPA), the nation's leading green power provider and the largest community choice energy aggregator in California, today announced the release of its 2025 Clean Energy and Reliability Request for Offers (RFO.) This solicitation reflects CPA's continued commitment to clean energy, grid reliability and innovative procurement practices. Building on the framework of its 2024 Clean Energy and Reliability RFO, the 2025 RFO has several key updates, including tariff and tax credit price adjusters to address potential changes in equipment-related tariff costs and federal tax policy. 'As market and policy conditions continue to shift, CPA is proactively updating its procurement approach to secure affordable, clean and reliable energy for the communities we serve,' said Ted Bardacke, CPA's chief executive officer. 'This RFO reflects our commitment to both progress and proactive problem-solving by offering developers clear guidance and options to keep projects on track during a time of policy and regulatory uncertainty.' The 2025 RFO invites proposals across six distinct product categories: 1. Renewable Generation OnlyIncludes baseload or firm renewable energy resources that qualify under California's Mid-Term Reliability (MTR) requirements and achieve an annual capacity factor of at least 80%. Also includes standard RPS-eligible resources such as solar and geothermal projects. 2. Renewable Generation Plus StorageCombines RPS-eligible renewable generation with storage systems offering a minimum of four hours of discharge. Storage capacity must not exceed 100% of the generation nameplate capacity. 3. Stand-alone StorageStorage-only projects providing a minimum of four hours of energy capacity, supporting grid flexibility and reliability during periods of peak demand. 4. Resource Adequacy-OnlyResource adequacy-only offers from qualifying technologies, including storage or dispatchable thermal resources, to meet regulatory reliability requirements. 5. PCC1 Energy-Only (Fixed Price or Index-Plus)Offers of RPS-eligible generation—such as solar, wind or geothermal—priced either at a fixed rate or as index-plus contracts. These are classified as PCC1 for compliance under California's Renewable Portfolio Standard. 6. Dispatchable Thermal Energy with RA ContractsIncludes existing gas-fired generation projects using cleaner operations, such as pairing with storage to reduce emissions or blending with green hydrogen or renewable biogas. These projects must include resource adequacy capacity and measures to minimize impacts on local air quality. CPA has traditionally focused its annual RFOs on meeting various California renewable energy and mid-term compliance requirements. However, CPA has already met or exceeded these compliance obligations, expecting to have a portfolio that is 80% renewable energy for 2024. As a result, this RFO seeks to fill a larger portion of CPA's energy and resource adequacy portfolio needs with long-term contracts that reduce the need for CPA to procure energy in the more volatile short-term market, thus helping to stabilize customers' electricity bills. To review CPA's Clean Energy and Reliability RFO click here. A webinar to inform about the RFO process will take place on June 3, 2025, at 11 a.m. (PST). Offers are due June 30, 2025. Proposers must register on the RFO website to receive RFO documents and participate in the webinar. About Clean Power Alliance Clean Power Alliance is the locally operated, not-for-profit electricity provider serving 38 cities and the unincorporated areas of Los Angeles and Ventura counties. CPA is the fourth largest electricity provider in California and the number one green power provider in the United States. CPA provides clean renewable energy at competitive rates for approximately three million residents and businesses, along with innovative programs that promote resiliency, electrification, and customer bill savings. CPA has an investment-grade credit rating of A-minus from S&P Global Ratings. View CPA's most recent Impact Report here. Learn more about CPA at CONTACT: John Axtell Clean Power Alliance 213-376-4850 Ext. 184 jaxtell@
