Tfgm Virtual Power Purchase Agreement (Vppa) Tender, United Kingdom - 114167924

Procurement Summary

Country : United Kingdom

Summary : Tfgm Virtual Power Purchase Agreement (Vppa)

Deadline : 06 Mar 2025

Other Information

Notice Type : Tender

TOT Ref.No.: 114167924

Document Ref. No. : GMPTE001-DN756077-99710394

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : GBP 70000000

Purchaser's Detail

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Tender Details

Transport for Greater Manchester ('TfGM') is seeking to enter into a virtual Power Purchase Agreement ('vPPA') with a supplier ('the Supplier') to meet its clean energy goals​, and reduce price volatility risk from its energy portfolio.



TfGM has a clear set of objectives for the vPPA procurement and is looking to engage with interested developers​ who can meet the following requirements:



Power generation to meet demand of between 35 and 42 GWh annually.



Delivery of a vPPA with a target Commerical Operations Date (COD) no later than 30 June 2029.



A 'pay-as-produced' vPPA contract structure, for the supply of wind power (onshore or offshore) or solar power.



A vPPA term of 15 years, with the option, at TFGM's discretion, to extend for a further 5 years.



TfGM is the local government body responsible for transport across Greater Manchester, delivering an integrated transport network (known as the Bee Network) to improve lives by connecting people and places. We're the proud owners of Metrolink (the UK's largest light rail network) and we're looking to expand it in future.



We've taken bus services back under local control: we're the first city region outside London to franchise bus services, and have committed to greening our network through zero emission vehicles. Local bus services moved under local control as part of the Bee Network by January 2025, and we're working to bring local rail services onto the Bee Network by ...
Location Of Contract : United Kingdom
Industry : Petroleum products, fuel, electricity and other sources of energy - 09000000
Value Of Contract : £50, 000, 000 to £70, 000, 000
Published Date : 3 February 2025
Closing Date : 6 March 2025

Documents

 Tender Notice