REPORT TO COUNCIL
SUBJECT
Title
Action on Delegation of Authority to the City Manager to Negotiate and Execute a Western Systems Power Pool Renewable Energy Credit Transaction Confirmation with the Northern California Power Agency
Report
COUNCIL PILLAR
Deliver and Enhance High Quality Efficient Services and Infrastructure
BACKGROUND
The Northern California Power Agency (NCPA) is a public Joint Powers Agency formed in 1968 under California's Joint Exercise of Powers Act (Cal Gov. Code ?? 6500 et. seq.), whose members include the cities of Alameda, Biggs, Gridley, Healdsburg, Lodi, Lompoc, Palo Alto, Redding, Roseville, Santa Clara-Silicon Valley Power, Shasta Lake and Ukiah, as well as the Bay Area Rapid Transit District, Port of Oakland, the Truckee Donner Public Utility District, and the Plumas-Sierra Rural Electric Cooperative.
For over five decades, the NCPA has constructed, operated, and maintained a fleet of power plants that provide reliable and affordable electricity to more than 700,000 Californians. The NCPA made a major investment in renewable energy in the early 1980s when it developed two geothermal power plants and a 250MW hydroelectric facility. Forty years later, these resources continue to generate reliable, emission-free electricity for its member communities.
The NCPA's mix of geothermal, hydroelectric, and natural gas resources are well positioned to help its members achieve California's policy of a 60% Renewable Portfolio Standard (RPS) by 2030. Even though the NCPA has an extensive portfolio of resources, on occasion individual members of the NCPA fall short of the RPS compliance requirements and seek to shore up these shortfalls through other NCPA members or through the Renewable Energy Credit (REC) marketplace.
The NCPA initiated a request for offers for one (1) megawatt-hour (MWh) of Renewable Portfolio Standard (RPS), Portfolio Content Category 1 RECs (PCC1 RECs) for a term of 10 years for the NCPA members Biggs and Gridley. Sil...
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