TXU Renew Seeks Offers on Renewable Energy

To adjust its generation fleet to fit the needs of the Texas competitive market, TXU Renew is issuing a request for proposals (RFP) to purchase up to 200 megawatts (MW) of renewable energy capacity in the region of the Electric Reliability Council of Texas (ERCOT). Proposals are due July 10, 2006.

TXU Renew is soliciting proposals from all Texas generation sources that produce renewable energy. The RFP process will be concluded in July and finalization of contracts with projects that have been selected is expected by the end of the summer. “TXU Renew is seeking proposals on renewable energy as another step toward further expansion of our renewable power portfolio and achievement of industry-leading performance in renewable energy generation. The proposals will help TXU Renew remain competitive and flexible to meet the needs of our growing market,” said Mike McCall, chairman and CEO of TXU Wholesale and TXU Renew. TXU Renew, which is focused on growing the renewable energy market and investing in renewable power facilities, was launched in May to add 700 MW of renewable energy over the next five years. This will bring TXU Wholesale’s and TXU Renew’s combined total renewable energy portfolio to approximately 1,400 MW by 2011, which is enough renewable energy to power about 275,000 Texas homes. “This is another way for us to continue to expand our renewable energy portfolio while contributing to the Texas economy,” added McCall. Navigant Consulting is managing the RFP process for TXU Renew.
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