More Clean Energy for APS Customers: What to Know and Why It Matters
06 7월 2023 - 7:30PM
Business Wire
2023 market solicitation, renewable resources
to power homes and businesses
Arizona Public Service (APS) is bolstering its diverse power
supply while maintaining the reliable service customers depend on
to keep their air conditioning running on hot summer days and
lights on year-round. In its 2023 All-Source Request for Proposal
(RFP), APS is asking developers to submit project proposals for
flexible and innovative energy resources that will fuel increasing
power needs as more people and businesses move to Arizona.
This 2023 RFP comes on the heels of freshly inked agreements for
new clean energy resources purchased through a 2022 All-Source RFP.
Projects secured through the 2022 RFP will start to launch next
year, as customers are expected to benefit from more than 1,050
megawatts (MW) of solar and wind power combined. In total, that’s
enough energy to serve about 157,500 Arizona homes. New energy
storage with a capacity to store more than 1,430 MW of power from
the sun will also serve communities even after sunset.
“Our customers depend on us for top-quality service and we’re
powering our state’s growth with our 2023 RFP and new clean energy
projects coming online soon to continue to keep homes cool and
electricity flowing to customers,” said Justin Joiner, APS Vice
President of Resource Management.
With the 2023 All-Source RFP now open, it’s important for
customers to know APS is:
- Addressing customer needs: APS plans to add
approximately 1,000 MW to serve customers with even more
around-the-clock power. This is enough electricity for about
150,000 Arizona homes.
- Adding more clean power: At least 700 MW will be
earmarked for renewable energy projects, helping to advance our
commitment to serve customers with 100% clean, carbon-free
electricity by 2050 and growing a resource portfolio that is
already 51% decarbonized.
- Maintaining reliable energy: APS customers benefit from
smart energy investments. This solicitation advances clean energy,
while keeping customers safe with reliable power. Developers can
bid their unique energy projects or submit proposals to additional
categories in the RFP to maximize existing power plant output.
These include proposals like adding energy storage to APS’s Agave
Solar Plant, developing renewable energy on the Navajo Nation or
optimizing existing gas facilities as we transition to a cleaner
energy supply.
- Serving customers: Our resource planners make sure we
have the best combination of technologies for customers. All
technologies are on the table and will be evaluated to support a
diverse and affordable energy mix for Arizona. Project proposals
may span from solar, wind and battery energy storage to natural gas
resources that can transition to clean hydrogen fuel in the future
to other resources that can ramp up quickly during triple-digit
temperatures.
- Transparent and fair: This RFP is focused on projects
that will be ready to serve customers as soon as 2026. Each project
will be reviewed against a transparent and fair benchmark to ensure
customer value. A third-party independent monitor will oversee this
process. This RFP was developed in collaboration with the APS
Resource Planning Advisory Council (RPAC) through an open
stakeholder process.
To learn more about the 2023 All-Source RFP, deadlines and
instructions to apply, visit aps.com/rfp.
APS serves more than 1.3 million homes and businesses in 11 of
Arizona’s 15 counties, and is a leader in delivering affordable,
clean and reliable energy in the Southwest. The company is
committed to serving customers with 100% clean power by 2050. As
owner and operator of Palo Verde Generating Station, the nation’s
largest producer of carbon-free electricity, and with one of the
country’s most substantial renewable energy portfolios, APS’s
current energy mix is 51% clean. With headquarters in Phoenix, APS
is the principal subsidiary of Pinnacle West Capital Corp. (NYSE:
PNW).
Forward-Looking Statements
This news release contains forward-looking statements based on
current expectations. These forward-looking statements are often
identified by words such as "estimate," "predict," "may,"
"believe," "plan," "expect," "require," "intend," "assume,"
"project," "anticipate," "goal," "seek," "strategy," "likely,"
"should," "will," "could," and similar words. Because actual
results may differ materially from expectations, we caution readers
not to place undue reliance on these statements. Several factors
could cause future results to differ materially from historical
results, or from outcomes currently expected or sought by Pinnacle
West or APS. These factors include, but are not limited to:
- the current economic environment and its effects, such as lower
economic growth, a tight labor market, inflation, supply chain
delays, increased expenses, volatile capital markets, or other
unpredictable effects;
- the ability of APS to manage capital expenditures and
operations and maintenance costs while maintaining reliability and
customer service levels;
- the ability of APS to achieve its clean energy goals (including
a goal by 2050 of 100% clean, carbon-free electricity); and
- general economic conditions, including inflation rates,
monetary fluctuations, and supply chain constraints.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230706876685/en/
Media Contact: Yessica del Rincon 480-209-8513 Analyst Contact:
Amanda Ho 602-250-3334 Website: aps.com/newsroom
Pinnacle West Capital (NYSE:PNW)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Pinnacle West Capital (NYSE:PNW)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024