Skip to main content

Avista issues request for proposals for renewable or responsibly produced natural gas

Written by Customer Service on . Posted in Public Companies.

RNG/RSG sought to meet carbon reduction requirements and goals.

SPOKANE, Wash., Sept. 06, 2023 (GLOBE NEWSWIRE) — Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) or responsibly sourced gas (RSG) resources for its customers over the long term. RNG is derived from organic waste streams that would otherwise release methane to the environment as they decompose. These sources include, for example, landfills, wastewater treatment plants, food waste and dairy waste. RNG is produced by capturing that methane that would otherwise escape to the atmosphere and purifying it to make it very similar to conventional natural gas. RSG is natural gas that has undergone independent third-party assessments for environmental best practices.

In 2021, Avista announced aspirational goals to reduce natural gas emissions 30% by 2030 and to be carbon neutral in its natural gas operations by 2045. To reach these goals, and to meet Oregon’s Climate Protection Program and Washington’s Climate Commitment Act carbon reduction requirements, Avista is exploring several different strategies, including transitioning from conventional natural gas to RNG.

The RFP is open to parties who currently own, propose to develop, or hold rights to resources, or those marketing a resource or portfolio of resources meeting Avista’s requirements for RNG/RSG. Bidders may submit multiple proposals; each proposal may include certain configuration, contracting or pricing options. Avista anticipates RNG/RSG deliveries to be no earlier than January 1, 2024.

Avista anticipates proposals from both new and existing resources such as:

  • Landfill RNG
  • Biomass Fast Pyrolysis Synthetic RNG
  • Dairy RNG
  • Food Waste RNG
  • Municipal Wastewater Treatment Plant RNG
  • RNG commodity portfolios (bundled or unbundled)
  • Carbon Capture with synthetic RNG byproduct
  • Hydrogen
  • Other RNG offerings meeting Avista’s needs
  • RSG resources from suppliers and brokers from major US or Canadian basins that has undergone independent third-party assessments or scoring for environmental best practices are desired.

RFP responses are due by Thursday, Oct. 19, 2023. The RFP and bid instructions are available on the Avista website at: myavista.com/RNGRFP

About Avista Utilities

Avista Utilities is involved in the production, transmission and distribution of energy. We provide energy services and electricity to 411,000 customers and natural gas to 377,000 customers in a service territory that covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million.  Avista Utilities is an operating division of Avista Corp. (NYSE: AVA). For more information, please visit www.myavista.com.The Avista logo is a trademark of Avista Corporation.

To unsubscribe from Avista’s news release distribution, send a reply message to lena.funston@avistacorp.com

Contact:                                                
Media: Annie Gannon, annie.gannon@avistacorp.com
Avista 24/7 Media Access (509) 495-4174       

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.