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HomeMy WebLinkAbout11 UAMPS Pooling Appendix Extension -Stampede FallonAction Item # 11 Extension of Pooling Appendix, Stampede Hydro & City of Fallon February 20, 2013 Background / History • Stampede Generation Pooling Appendix Agreement • Initially the Stampede Generation is shared with the City of Fallon ("Fallon") by scheduling the every other month to TDPUD • TDPUD and Fallon entered into a UAMPS Pooling Appendix on February 1, 2010 • Currently all the Stampede generation is delivered to TDPUD • In exchange for Fallon's portion of Stampede, TDPUD sells Fallon a similar amount of MWh's from its UAMPS resources 2 New Information • Staff has negotiated with Fallon to extend the exchange of energy from the Stampede generation to TDPUD • TDPUD will replace this generation to Fallon from its UAMPS resource mix • TDPUD will sell Fallon 500 kW per hour at a rate of $32/MWh minus the REC valuation and UAMPS transmission • REC valuation is the average of bid and offer prices of the WECC Green-E Wind (wregis) • A true -up is performed once a year • Term of this appendix begins Jan 1, 2014 through Dec 31, 2018 3 Fiscal Impact • The net cost of the Stampede generation transfer is the difference between the Stampede generation and the cost of TDPUD's other resources at UAMPS — These costs currently range between $20 and $40 per MWh and do not include REC's or transmission 0 Recommendation • Approve the UAMPS Pooling Appendix concerning the transfer of energy from the Stampede generation from the City of Fallon to Truckee Donner PUD 5