Project Experience

Medium Term Procurement Advisory

Date:

Jun 2021 - Present

Client:

Independent Electricity System Operator (IESO)

Midgard was retained by the IESO to perform a series of investigative tasks on procurement issues to assist the system operator with ongoing issues related to their medium-term procurement program. Work conducted to date has provided in depth research and analysis on a variety of procurement issues as detailed here:

  • Battery and EPC Supply Chain Analysis. Midgard investigated the procurement challenges faced during the Covid 19 pandemic, including increased commodity pricing and delayed shipments due to worldwide shipping constraints.
  • Commodity Indexation.  This report included an investigated analysis of the main commodities in solar, wind, natural gas and battery facilities and how the increased cost for these commodities could impact generation facilities procurement, along with input on how long these commodities will stay at higher prices.
  • RFP Terms Comparison. This memo reviewed recent RFP terms in other jurisdictions, to provide insight into RFP selection criteria, tender fees, and language to deal with outlier bids that are outside the average bid submission pricing thresholds.
  • Jurisdictional Scan for Temporal Hybridization. Midgard investigated the co-location of battery storage with renewable energy sources to identify industry best practices for contracting, financing and the impact of government incentives.
  • Renewable Energy Agriculture Land Rules. This report provided insight into the tension between wind and solar projects and landowners/municipalities on the best use of land and benefits for local communities. The report investigated the changes being made to legislation, the importance of relationship building and the co-location of  agriculture and solar farms, known as agrivoltaics, as a promising way to bridge this concern between landowners and developers.
  • Development Cost Comparison Between Northern and Southern Ontario. Midgard investigated the costs associated with land, permitting, equipment, delivery, labour and transmission lines to provide valuable insight between the development costs between northern and southern Ontario.