LG&E and KU searching for new supply sources – Advocate-Messenger.

By Oliver Townsend May 28, 2024
LG&E and KU issues Request for Proposals to purchase supply sources - The Advocate-Messenger.jpegOrginal image from: https://www.amnews.com/2024/05/28/lge-and-ku-issues-request-for-proposals-to-purchase-supply-sources/

LG&E and KU, two prominent energy companies, have issued a Request for Proposals (RFP) to purchase supply sources from solar, wind, and hydroelectric providers for new projects starting in 2026. This move is part of their commitment to diversifying their generation portfolio and meeting federal environmental regulations while addressing customers’ long-term energy needs.

Request for Proposals: What You Need to Know

The RFP invites interested parties to submit proposals by June 21, with evaluations expected to be completed by October 31. LG&E and KU are dedicated to exploring various energy resources and innovative solutions to best serve Kentucky and their customers. By pursuing a comprehensive clean energy strategy, they aim to achieve net-zero carbon emissions by 2050 while maintaining reliability and affordability.

Expanding Energy Supply Sources

The projects under consideration must provide a minimum of 75 megawatts of energy and can include purchasing power, acquiring new or existing renewable power generating facilities, and build-transfer transactions. These proposals will supplement the generation investment plans approved by the Kentucky Public Service Commission, which include constructing a natural gas combined-cycle generating unit and adding solar energy and battery storage.

Green Tariff Program and Renewable Energy Solutions

The selected projects may also serve as an energy supply source for LG&E and KU’s Green Tariff program, which offers custom renewable energy solutions to businesses and industrial customers. By combining various programs and agreements, the companies aim to provide renewable power options to interested customers and promote sustainable energy practices.

Wind Energy Research Project

In addition to solar and hydroelectric sources, LG&E and KU have launched a wind energy research project at the E.W. Brown Generating Station. This initiative aims to evaluate the potential for wind energy production in Kentucky and gather valuable data to support future renewable energy projects. By diversifying their energy sources, the companies are taking proactive steps towards a cleaner and more sustainable energy future.

Conclusion

The issuance of the RFP by LG&E and KU underscores their commitment to embracing renewable energy sources and reducing their carbon footprint. By seeking innovative solutions and exploring new energy resources, the companies are positioning themselves to meet the evolving energy needs of Kentucky while prioritizing environmental sustainability and customer satisfaction.

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