Petroleum products, fuel, electricity and other sources of energy

Tender description

Network Rail (NR) operates, maintains and develops Britain's rail tracks, signaling, bridges, tunnels, level crossings and many key stations. As a result, NR is one of the largest purchasers of electricity in the United Kingdom (UK) with a total consumption of c.4.5 TWh per annum (traction 4.1 TWh and non-traction 0.45 TWh). Her Majesty's Government has made legal commitments to reduce greenhouse gas emissions to net zero by 2050. Network Rail as a government owned enterprise is committed to support the achievement of this objective. NR aims to decarbonise its non-traction electricity consumption by directly purchasing renewable energy from specific renewable energy (wind and/or solar) projects thus supporting the development of additional renewable energy generation in Great Britain. NR is seeking to secure a corporate Power Purchase Agreement with a renewable energy generator for 45 GWh–90 GWh per annum for non-traction consumption. Total contract value is circa GBP 40 million-GBP 80 million over 15 years. Network Rail intends to transform its non-traction electricity (i.e. managed stations, depots and offices — Project CoPPA) consumption, to 100 % renewable energy whilst supporting the development of additional renewable energy generation in Great Britain. Network Rail intends to: (a) procure a corporate PPA with a renewable energy (wind and/or solar) generator to deliver 45 GWh-90 GWh of power; (b) ensure that the renewable energy corporate PPA satisfies the ‘Additionality’ criteria as set out by the Department for Environment, Food and Rural Affairs. Therefore, the project(s) must be prior to renewable generation construction and NR's offtake will need to substantively contribute to the project(s) securing final investment decision and/or financial close.