With the recent growth in the renewable energy market, Louisville Gas and Electric Company and Kentucky Utilities Company has issued a request for a proposal to assess potential renewable energy availability and associated costs.
LG&E and KU are looking to find out if there are feasible, lower cost options for renewable energy.
The request for proposal requires the respondents to supply a minimum of 10 megawatts and no more than 200 megawatts by January 1, 2022.
The utility companies are also requesting the source be in Kentucky or a surrounding state and be delivered to LG&E and KU’s transmission system. Agreements can range between five and 20 years.
Together, with parent company, PPL Corporation, LG&E and KU are committed to help cut the carbon dioxide emissions 70% by 2050.
Proposals will be evaluated on cost, as well as terms of agreement, size, and operational capabilities and characteristics.
All proposals are due by March 29, 2019. Evaluations are expected to be completed by late May.
(This story was originally published on February 4, 2019)