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Hawaiian Electric Industries: Will Host a Virtual Community Meeting on July 12 on the Next Stage of Renewable Energy Projects for Oahu

Hawaiian Electric to Host Virtual Community Meeting July 12 on Next Stage of Renewable Energy Projects for Oahu

Release date: 05/07/2022

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HONOLULU, July 5, 2022 – As part of ongoing efforts to replace fossil fuel generation on Oahu, Hawaiian Electric will share and address community feedback received on its draft Request for Proposals (RFP) seeking a variety of potential energy projects. renewable energy during a virtual community meeting on Tuesday July 12, from 6:30 p.m. to 8:30 p.m.

Attendees can join via Microsoft Teams at hawaiianelectric.com/communitymeetings, Hawaiian Electric’s Facebook page, or log into Olelo 49. The meeting will be recorded. Participants are encouraged to ask questions and provide feedback during the meeting. Questions can be sent in advance to [email protected]

In May, Hawaiian Electric submitted the proposed tender for at least 475 gigawatt hours per year of dispatchable renewable energy to be in service by 2027. Hawaiian Electric is also seeking to acquire 300 to 500 megawatts of firm renewable capacity in Oahu to be in service by 2029, and 200 megawatts of renewable firm capacity to be in service by 2033. The company also held a community meeting in May to review and gather community feedback on the proposed request for proposals. This meeting can be viewed at hawaiianelectric.com/communitymeetings.

Once the draft tender has been approved by the Public Utilities Commission (PUC), the company will solicit proposals through a tender process for a wide range of renewable energy resources and capacity on Oahu which includes, but is not limited to, wind, solar, biomass, and biofuels. Stand-alone energy storage proposals will also be accepted.

This tender project is the first to provide firm renewable capacity to expand and ensure that Oahu has a future diverse mix of generation resources. Unlike variable renewables, such as solar and wind, firm renewable energy is available on demand at all times.

In 2018, Hawaiian Electric launched the first phase of Hawaii’s largest procurement of renewable energy resources to meet the state’s 100% renewable portfolio standard requirement. The second phase of procurement began in 2019 and was among the largest renewable energy purchases undertaken by a U.S. utility. From these first two rounds of tenders, nearly 240 megawatts of variable renewable energy and approximately 1 gigawatt hour per year of energy storage are being developed and expected to be in service by 2024 on Oahu. .

Upon PUC approval, this third stage of renewable energy procurement will be open to bids from local and global energy developers. Pending PUC approval, the first projects should be online by the end of 2027 at the latest.