The URL can be used to link to this page

Home My WebLink AboutRESO 98316055175 Resolution No. 9831 Resolution of the Council of the City of Palo Alto Extending the City Manager Authority to Execute Transactions under Master Renewable Energy Certificate Purchase and Sale Agreements with Prequalified Suppliers at an Annual Expenditure Not Exceeding $5,000,000 During Calendar Years 20192024, and Repealing Resolution No. 9379 R E C I T A L S A. commercial customers located within its jurisdictional boundary. B. The Council established the PaloAltoGreen voluntary renewable energy program in March 2003. C. Implementing the PAG Program involves the City purchase and sale of a competitive manner. D. 100 (2018) requires all load serving entities to have a Renewable Portfolio Standard (RPS) of at least 60 percent by 2030. RPS enforcement procedures adopted by the California Energy Commission (CEC) allow for limited use of RECs to meet RPS requirements, and the City of Palo Alto adheres to renewable resource eligibility requirements set forth in its enforcement procedures. E. Through Resolution No. 9322, the Council approved a Carbon Neutral Plan for the electric supply portfolio to achieve carbon neutrality in calendar year 2013 with a rate impact not to exceed 0.15 cents per kilowatt hour. The Carbon Neutral Plan allows for the use of RECs to achieve carbon neutrality. F. In 2013, through Resolution No. 9379, the Council delegated authority to the City Manager, or his designee, to PAG Program, RPS and Carbon Neutral Plan by negotiating and executing Master Agreements with the following thirteen prequalified suppliers, in an aggregate amount not to exceed five million dollars ($5,000,000) annually during calendar years 2013 through 2018, inclusive. 1. 3Degrees Group, Inc. 2. Bonneville Environmental Foundation 3. Constellation Energy Commodities Group 4. EDF Trading North America, LLC 5. Element Markets, LLC 6. Idaho Wind Power Partners 1, LLC 7. Lakeview Green Energy, Inc. 8. Nexant, Inc. 9. NextEra Energy Power Marketing, LLC 10. Pacific Corp. DocuSign Envelope ID: EE765C14-00AE-431E-A5AE-1DD88B5ADB73 6055175 11. Powerex Corp. 12. Shell Energy North America (US), L.P. 13. Sterling Planet Holdings, Inc. G. Master Agreements were negotiated and executed with the thirteen suppliers listed above and expenditures for calendar year 2013 through 2018 were within the delegated annual expenditure amount. H. Extension of the authority delegated to the City Manager under Resolution No. 9379 I. In 2016, through Resolution 9652, the City Council approved a Standard Form Master REC Agreement that incorporates the contract terms and conditions required in City of Palo Alto Municipal Code Section 2.30.340(c). As a result, new REC suppliers are able to execute the Standard Form Master REC Agreement with the City after staff determines that they are qualified. The Council of the City of Palo Alto does hereby RESOLVE, as follows: SECTION 1. Resolution No. 9379 is hereby repealed in its entirety. SECTION 2. The Council hereby authorizes the City Manager, or his designee, to Neutral Plan with prequalified suppliers via Master Agreements. The aggregate REC transactions shall not exceed the annual expenditure amount of five million dollars ($5,000,000) during calendar years 2019 through 2024, inclusive. // // // // // // // // // // DocuSign Envelope ID: EE765C14-00AE-431E-A5AE-1DD88B5ADB73 6055175 SECTION 3. The Council finds that the adoption of this resolution extending the City purchases (and incidental sales) of RECs is not a project subject to California Environmental Quality Act (CEQA) review because adoption of this resolution is an administrative government activity that will not result in any direct or indirect physical change to the environment as a result (CEQA Guidelines section 15378(b)(5)). INTRODUCED AND PASSED: May 13, 2019 AYES: CORMACK, DUBOIS, FILSETH, FINE, KNISS, KOU, TANAKA NOES: ABSENT: ABSTENTIONS: APPROVED AS TO FORM: APPROVED: Assistant City Attorney City Manager Director of Utilities Director of Administrative Services DocuSign Envelope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