HomeMy WebLinkAboutResolutions - No. 2009-33RESOLUTION NO. 2009-33
A RESOLUTION OF THE LODI CITY COUNCIL
AUTHORIZING NORTHERN CALIFORNIA POWER AGENCY
TO SELL SURPLUS CALIFORNIA INDEPENDENT SYSTEM
OPERATOR "CONGESTION REVENUE RIGHTS" ON
BEHALF OF THE CITY OF LODI
WHEREAS, by Resolution 2007-103 the City Council authorized the Northern
California Power Agency (NCPA) to participate on behalf of the City of Lodi Electric
Utility (EUD) in the California Independent System Operator (CAISO) Congestion
Revenue Rights (CRRs) allocation process in order to stabilize and/or reduce the costs
of transmission in delivering energy from Lodi's power resources to load; and
WHEREAS, the CAISO has allocated CRRs to NCPA on behalf of EUD and may
do so again from time to time; and
WHEREAS, certain CRRs may be surplus to EUD's need to hedge transmission
costs; and
WHEREAS, NCPA's General Counsel believes it is unclear whether NCPA has
been granted the authority under Resolution 2007-103 to market and sell surplus CRRs
for the City of Lodi's account; and
WHEREAS, EUD staff, the NCPA Risk Oversight Committee, and the NCPA
Commission (NCPA Commission Resolution 09-08) have reviewed and approved limited
participation in CAISO auctions to reduce risk.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize NCPA to offer and sell surplus CRRs in CAISO auctions on behalf of the City
of Lodi Electric Utility until such time that NCPA is notified otherwise in writing by the City
Manager or Electric Utility Director.
Dated: March 18, 2009
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I hereby certify that Resolution No. 2009-33 was passed and adopted by the Lodi
City Council in a regular meeting held March 18, 2009, by the following vote:
AYES: COUNCIL MEMBERS— Hitchcock, Katzakian, Mounce, and
Mayor Hansen
NOES: COUNCIL MEMBERS—Johnson
ABSENT: COUNCIL MEMBERS— None
ABSTAIN: COUNCIL MEMBERS— Nome
I JOHL
City Clerk
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