AES Indiana is focused on accelerating cleaner, more efficient and cost-effective energy solutions for our more than 520,000 customers.
About AES Indiana
AES Indiana (“AES” or “the Company”) is an American utility company providing electric service to Central Indiana.. It is a subsidiary and the largest utility of AES Corporation. AES Indiana provides electric service to more than 520,000 customers in a 528-square-mile (1,370 km2) service territory in and around Indianapolis.
Since its inception, AES Indiana has always strived to be one of the most environmentally friendly utilities in the Midwest and has employed extensive emissions reduction technologies from the time of its first power plants in the 1930s to today.
During its long history, AES Indiana has safely supplied its customers with some of the lowest cost, most reliable power in the country. AES Indiana also provides critical economic and energy-related information and services to businesses looking to expand or relocate into the Indianapolis area. And the company works with customers to help them use electricity more efficiently, save energy costs and improve productivity.
About the all-source Request for Proposal (RFP)
In 2024, AES Indiana will issue four (4) separate RFPs as detailed below. Together RFP 1 and RFP 2 will be considered an All-Source solicitation process. Please see https://aesindianarfp.com/default.aspx for more information on the RFP or email AESIndiana.RFPManager@crai.com.
The purpose of this 2023 all-source RFP is to competitively procure energy and capacity by the 2025-2026, 2026-2027, and / or 2027-2028 MISO Planning Year(s) based on the results of the 2022 Integrated Resource Plan (IRP) development. AES Indiana is seeking to procure 200-1,000 MW which supports AES Indiana’s sustainability initiatives for air quality, environmental stewardship, green customer choices, and power generation. Competitive proposals in excess of the requested capacity may also be considered. AES Indiana is interested in both the transfer of existing or new assets (ATAs) and Power Purchase Agreements (PPAs) for all viable technologies to fill this potential capacity need. PPA durations may be as short as five years and as long as 30 years.
This RFP is intended for energy and capacity and generation resources, preferably within or connected to, the AES Indiana service territory. Proposals will be accepted for energy and capacity resources greater than 50 MW (and no less than 2 hours duration for storage) including, but not limited to, thermal, wind, solar, battery energy storage, hydrogen, geothermal, biomass, or such combination of energy and capacity technologies. AES Indiana will evaluate capacity resources based on the IRP needs and the MISO’s Seasonal Resource Adequacy Construct. Proposed resources are required to deliver capacity to the MISO Local Resource Zone (LRZ) 6.
About Charles River Associates (“CRA”)
AES Indiana has retained Charles River Associates (“CRA”) to manage the RFP processes for the purpose of creating the RFPs and soliciting responses. CRA will also serve as the independent third party to evaluate all proposals on behalf of the Company. See Charles River Associates (crai.com) for more information about CRA.