CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE relating to the City Light Department; authorizing the Department to enter and participate in the Western Energy Imbalance Market, including the ability to execute additional agreements necessary or convenient to participating in the Western Energy Imbalance Market.
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WHEREAS, The City of Seattle (the "City") recognizes that the City Light Department ("City Light") experiences imbalances between its customers' demand and power supply portfolio and must therefore transact in wholesale energy markets for energy and transmission services and products to effectively manage its resources and achieve balance between supply and demand on both a short-term and a long-term basis; and
WHEREAS, Seattle Municipal Code subsection 21.49.130.B provides specific authority for City Light to enter into contracts for the acquisition, exchange, or sale of short-term capacity or energy, or integration, transmission, or ancillary services; and
WHEREAS, the California Independent System Operator (CAISO) manages and operates an Energy Imbalance Market (EIM) that allows entities like City Light to participate in short-term energy transactions on a 15- and a five-minute basis; and
WHEREAS, the western United States has seen an increase in the development of variable energy resources such as wind and solar generators that in turn create higher probabilities of energy imbalances in regional Balancing Authority Areas; and
WHEREAS, City Light's participation in such a market is in line with and would further its commitment to be an environmental leader in the region and enable the broader integration of renewable resources across the western United States; and
WHEREAS, on October 31, 2016, the Seattle City Council (the "Council") passed Ordinance 125176 authorizing City Light to take all steps necessary to prepare to participate in the CAISO's EIM including the authorization to execute agreem...
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