Hallowell, Maine - The Maine Public Utilities Commission (Commission) has issued a Request for Proposals for Physical Energy Storage Contracts for Liquefied Natural Gas (LNG) Storage.
The Request for Proposals was issued on September 14, 2016 and is available on the Commission's website at: http://www.maine.gov/mpuc/natural_gas/lngstoragecontract/
. Proposals are due on or before October 14, 2016.
The Request for Proposals was issued in accordance with "An Act to Allow the Public Utilities Commission to Contract for Liquefied Natural Gas Storage and Distribution," which can be found at the following: http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=HP0600&item=3&snum=127.
The Act establishes the authority for the Commission to execute or direct one or more of Maine's transmission and distribution utilities, gas utilities, or natural gas pipeline utilities to execute a Physical Energy Storage Contract (PESC) provided that certain requirements are met. As directed by the Act, the Commission will evaluate proposals to ensure that any PESC: a) materially enhances LNG Storage Capacity in the State; b) provides net benefits to Maine's electricity and/or natural gas consumers; c) provides the opportunity for access to lower cost natural gas at times of regional peak demand for natural gas or in the event of a disruption in upstream natural gas infrastructure; and d) enhances electrical and natural gas reliability in the State.
"The Commission looks forward to receiving proposals and will evaluate them in accordance with statutory directive in a continued effort to seek solutions to Maine and New England's regional energy challenges," stated Commission Chairman Mark Vannoy.
The Maine Public Utilities Commission regulates electric, telephone, water and gas utilities to ensure that Maine citizens have access to safe and reliable utility service at rates that are just and reasonable for all ratepayers. Commission programs include Maine Enhanced 911 Service, and Dig Safe.