Bidding for electric resources: An industry review of competitive bid design and evaluation: Final report, May 1989
Bidding has become an accepted method of securing both electric supply and demand-side management (DSM) resources in many parts of the country. Given the early stages of development of bidding systems, many critical questions remain regarding methods of designing requests for proposals (RFPs) and evaluation of bid proposals themselves. Through on-site interviews with those utilities currently involved with bidding, EPRI has identified some of the most pressing research issues. These include: reliability of non-utility capacity and DSM, the value of dispatchability, impact on system operating costs impact on power quality, and long-term affect on utility profitability. The report discusses methods that utilities use to develop RFPs, evaluate price and non-price attributes of bids, and negotiate final contracts. It includes a survey which ranks the importance of 30 various evaluation criteria. Results of a workshop held with utility managers experienced in the bidding process are presented. Workshop participants discussed pros and cons of highly specific RFPs, the value of explicit evaluation criteria, the importance of ceiling prices, and the inclusion of DSM with supply side bidding. 8 figs., 5 tabs.
- Research Organization:
- Electric Power Research Inst., Palo Alto, CA (USA); Strategic Decisions Group, Menlo Park, CA (USA)
- OSTI ID:
- 6121655
- Report Number(s):
- EPRI-CU-6089
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
POLICY AND ECONOMY
99 GENERAL AND MISCELLANEOUS//MATHEMATICS, COMPUTING, AND INFORMATION SCIENCE
BIDS
EVALUATION
ELECTRIC POWER INDUSTRY
RESOURCE MANAGEMENT
PLANNING
CONTRACTS
DESIGN
ELECTRIC UTILITIES
POWER DEMAND
POWER GENERATION
POWER SUPPLIES
PRICES
PROGRESS REPORT
PROPOSALS
DOCUMENT TYPES
ELECTRONIC EQUIPMENT
EQUIPMENT
INDUSTRY
MANAGEMENT
PUBLIC UTILITIES
296000* - Energy Planning & Policy- Electric Power
990100 - Management