Section one: Contracting authority/entity
one.1) Name and addresses
London Underground Limited
5 Endeavour Square
London
E20 1JN
Contact
Miss Jasmine Moss
Telephone
+44 7514492010
Country
United Kingdom
Region code
UK - United Kingdom
Internet address(es)
Main address
Buyer's address
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
TfL Renewable Corporate Power Purchase Agreement ('PPA Comet')
Reference number
DN581564
two.1.2) Main CPV code
- 09000000 - Petroleum products, fuel, electricity and other sources of energy
two.1.3) Type of contract
Supplies
two.1.4) Short description
TfL recently published a procurement for its first renewable PPA, ‘PPA Comet’, and has since withdrawn the opportunity. TfL are looking to re-launch the procurement, and recently conducted a short market questionnaire to better inform that activity.
The subsequent re-launch was initially planned for October 2022, but due to the announcement of the Energy Prices Bill and the subsequent market uncertainty it has caused, we are pausing these plans to re-launch in the short-term. TfL will be monitoring the impact, and will be looking to re-launch as soon as is practically possible once this impact is better known.
TfL remains fully committed to transitioning to net zero by 2030 and will look to re-engage with the market at the earliest possible opportunity.
This addendum, and the details replicated in subsequent sections, is issued to inform the market of this change.
Section six. Complementary information
six.6) Original notice reference
Notice number: 2022/S 000-027512
Section seven. Changes
seven.1.2) Text to be corrected in the original notice
Section number
II.1.4
Instead of
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TfL recently published a procurement for its first renewable PPA, ‘PPA Comet’, and has since withdrawn the opportunity. We are looking to re-launch the procurement in October, with the parameters given below. TfL would greatly appreciate a response from you to the five short questions that follow, to be sent directly via email to JasmineMoss@TfL.gov.uk. Please provide your response by 5PM on Thursday 6 October 2022.
Delivery window: First power between 1 June 2024 and no later than 31 December 2028
Volumes to procure: 100 – 200 GWh per annum
Technology: Offshore wind, onshore wind or solar
Asset type: New Build Assets only
Contract length: 15 years
PPA structure (volume): Pay as Produced (PaP)
PPA structure (price): CPI-linked
Delivery: Energy will be sleeved through TfL’s licensed supplier
1. Are you interested in bidding for this opportunity? [Yes/No]
2. Do you have a single project that is eligible as per the parameters set out in the table [Yes/No] If ‘No’, what is your biggest single eligible project that you would be interested in bidding for a CPPA opportunity? What volume would the project be capable of meeting?
3. Do you have any concerns with any of TfL’s parameters? We are particularly interested if you have concerns with the delivery window, volume, or the contract length, but welcome all feedback.
4. If you don’t have an eligible project or are not interested, why not? E.g. the delivery window is not suitable for you, public sector procurement processes, current market conditions, etc. Please give as much detail as possible.
5. If TfL’s PPA procurements (now or in the future) were to run simultaneously with the Government’s Contract for Difference auctions, would this deter you from taking part in TfL’s PPA procurements? Please give rationale for your response.
Read
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TfL recently published a procurement for its first renewable PPA, ‘PPA Comet’, and has since withdrawn the opportunity. TfL are looking to re-launch the procurement, and recently conducted a short market questionnaire to better inform that activity.
The subsequent re-launch was initially planned for October 2022, but due to the announcement of the Energy Prices Bill and the subsequent market uncertainty it has caused, we are pausing these plans to re-launch in the short-term.
TfL will be monitoring the impact, and will be looking to re-launch as soon as is practically possible once this impact is better known.
TfL remains fully committed to transitioning to net zero by 2030 and will look to re-engage with the market at the earliest possible opportunity.