RFP #P19-159 - Renewable Energy Consulting Services

       This RFP is for Renewable Energy Consulting Services, as more fully described below.  

1. Renewal Energy Consulting Services

1. Advise the Authority on the proper operation and management of the completed Renewable Energy Projects including, without limitation, (i) reviewing and advising on the operations and management program, practices, and budget of the owner(s) of the Renewable Energy Projects, including making recommendations as to any necessary or otherwise beneficial changes that should be made to the current operations and management program, practices, and costs, (ii) presenting and analyzing various Renewable Energy Project system modifications, including those that may increase production or storage, or may otherwise provide additional revenue generation and (iii) presenting, reviewing and advising on modification of the ownership of the Renewable Energy Projects, including but not limited to disposition of the Renewable Energy Projects to third parties, provided same is in compliance with all applicable laws; 
    
2. Consult on current and future New Jersey solar renewable energy credits (SRECs) pricing, including such charts, current tables, and analyses as are appropriate to estimate future SREC forward contract prices over 1, 3, 5, and 10 year projection periods and noting and explaining all major assumptions in the estimate; and
    
3. Evaluate and make recommendations to the Authority on the timing of SREC sales and the advisability of entering into long-term SREC contracts as compared with spot market selling.