Corporate Power Purchase Agreement
A Utilities Contract Notice
by THAMES WATER UTILITIES LIMITED
- Source
- Find a Tender
- Type
- Framework (Supply)
- Duration
- 10 year
- Value
- 200M
- Sector
- INDUSTRIAL
- Published
- 03 Jul 2024
- Delivery
- To 18 Jul 2034 (est.)
- Deadline
- 18 Jul 2024 12:00
Concepts
Location
All of the UK, excluding Northern Ireland
2 buyers
- Thames Water Utilities Reading
Description
Provision of Electricity through Corporate Power Purchase Agreements
Total Quantity or Scope
Thames Water Utilities Limited are looking to diversify its electricity portfolio through corporate Power Purchase Agreements (PPAs). The objective is to secure long-term price certainty while supporting decarbonisation targets through a competitive tender process. Thames Water seeks to sign a long-term physical PPA with a wind or solar PV power generator. The primary target is to procure 100-150 GWh per annum of renewable energy through this tender, with the possibility of increasing the volume to 200 GWh per annum if commercially compelling offer(s) are received. Each contract should be a minimum of 20 GWh and a maximum of 150 GWh per annum. Thames Water is open to both newbuild and operational projects, provided that newbuild projects have, or will obtain, all necessary permits and consents. The company aims to start procuring volumes as soon as possible, preferring start dates within the next 18 months, but will consider projects with Commercial Operation Dates (CODs) before April 2026. Thames Water seeks long-term price stability for its power supply and prefers a 5-year contract, although terms ranging 3 to 10 years will be considered.
CPV Codes
- 09310000 - Electricity
- 09100000 - Fuels
- 09300000 - Electricity, heating, solar and nuclear energy
- 31121310 - Windmills
- 31121320 - Wind turbines
- 31121340 - Wind farm
- 31122000 - Generator units
- 31682000 - Electricity supplies
- 45251160 - Wind-power installation works
- 45315300 - Electricity supply installations
- 65400000 - Other sources of energy supplies and distribution
Indicators
- Bids should cover the whole contract.
- Renewals are not available.
- Professional qualifications are sought.
- Award on basis of price and quality.
Other Information
All suppliers who wish to respond to this contract notice must request a pre-qualification questionnaire (PQQ) by using the web link in Section I.3 (www.thameswater.co.uk/procurement). From your response to the link in Section I.3 or above, Thames Water's Procurement Support Centre will send you an email providing login details for our eSourcing system (i.e. IASTA Smartsource). To complete the PQQ you will need to login to IASTA Smartsource. If the project requires it, you will receive an additional and separate survey to complete for Data Protection. Note - The client may be Thames Water Utilities Limited or another company within the Kemble Water group structure
Reference
- FTS 020253-2024