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HomeMy WebLinkAboutMemo - Mail Packet - 10/24/2017 - Memorandum From Tim Mccollough Re: Work Session Summary - October 10, 2017 Re: Fort Collins & Organized Energy MarketsUtilities electric · stormwater · wastewater · water PO Box 580 Fort Collins, CO 80522 970.221-6700 970.221.6619 fax  V/TDD: 711 utilities@fcgov.com fcgov.com/utilities M E M O R A N D U M Tim McCollough provided an educational overview to all Councilmembers on Platte River Power Authority’s (Platte River) decision making process in joining the Southwest Power Pool (SPP). The presentation covered both potential benefits and risks to the City of Fort Collins, as a member owner of Platte River. Question Asked of Council 1. What additional information does Council need regarding the formation of an Energy Market? Key Discussion Points  Council generally supports pursuing membership in an energy market.  Acknowledgement that energy markets create new renewable energy opportunities for our community.  Concerns on governance of the new market including structure and the ability to retain local influence on decisions.  Exploration of opportunities for the Platte River member cities and their customers to participate in an energy market with Distributed Energy Resources.  Exploration of the potential energy market and the local wasteshed analysis alignment. Staff will report back to Council on the progress and Platte River board approval. DATE: October 13, 2017 TO: Mayor and City Councilmembers FROM: Tim McCollough, Light & Power Operations Manager THROUGH: Darin Atteberry, City Manager Kevin Gertig, Utilities Executive Director RE: Work Session Summary – Oct 10, 2017 RE: Fort Collins & Organized Energy Markets DocuSign Envelope ID: 413DD2CA-D3DC-4BE1-BAD4-EBB668EF0713