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4.1. ERMUSR 08-10-2010Elk River Municipal Utilities 13069 Orono Parkway • EO. Box 430 Elk River, MN 55330-0430 UTILITIES COMMISSION MEETING Phone: 763.441.2020 Fax: 763.441.8099 TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E. -Director of Operations John Dietz, Chair Jerry Gumphrey, Vice Chair D l Thom son, Trustee MEETING DATE: AGENDA ITEM NUMBER: Au ust 10, 2010 4.1 SUBJECT: Power Su ly O tions /Resource Plannin Update BACKGROUND: In September 2008, Connexus Energy terminated the 10-year rolling "all requirements" power contract with Elk River Municipal Utilities. In April 2010, the Utilities Commission authorized entering into "Phase l" of a resource planning study with a coalition which includes Central Minnesota Municipal Power Agency (CMMPA) as a participant. CMMPA gave a presentation of sensitivity assessment and portfolio options to the coalition participants on August 4~' in Elk River. This is paR of Phase 1 of the resource planning study. This presentation was attended by Jerry Gumphrey -Commission Vice Chair and Troy Adams -Director of Operations. Some additional sensitivity analysis will be done specific for each participant. A presentation of Phase 1 results for Elk River is tentatively scheduled to be ready by the September Commission meeting. A confidentiality agreement between Connexus Energy and Elk River Municipal Utilities specific to power supply negotiations has been signed by ERMU. In conjunction with these power supply negotiations, Connexus has invited ERMU representatives to take a tour of Great River Energy's Coal Creek Station. This power plant and adjacent lignite coal mine is located in North Dakota approximately 50 miles north of Bismarck. This tour is scheduled for September l~`. ACTION REQUESTED: No action required.