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4.1. ERMUSR 12-13-2011Elk River; Municipal U 13069 Orono Parkway • P.O. Box 430 Elk River, MN 55330-0430 s UTILITIES COMMISSION MEETING PBNEBEB B1 ~~~~~~ P ~ w c P F D T O S E R V E Phone: 763.441.2020 Fax: 763.441.8099 TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E. -Utilities Director John Dietz -Chair Daryl Thompson -Vice Chair AI Nadeau -Trustee MEETING DATE: AGENDA ITEM NUMBER: December 13, 2011 4.1 SUBJECT: Power Su ly O tions /Resource Plannin U date BACKGROUND: In September 2008, Connexus Energy terminated the 10-year rolling "all requirements" power contract with Elk River Municipal Utilities. In Apri12010, the Utilities Commission authorized entering into "Phase 1" of a resource planning study with a coalition which includes Central Minnesota Municipal Power Agency (CMMPA) as a participant. In September 2010, the Utilities Commission authorized entering into "Phase 2" of a resource planning study which includes the release of a Request For Proposal (RFP). The RFP was issued on November 15, 2010. In May 2011, the Utilities Commission authorized entering into "Phase 2b" of the resource planning study which will include risk assessment of the proposals. In addition to working with the Resource Planning Coalition, staff continues to explore other power supply options. DISCUSSION: The RFP analysis has been completed by CMMPA as well as the building of participant specific resource portfolios. Representatives from CMMPA are in attendance to present Resource Planning Coalition information to the Utilities Commission for consideration. Also, information on an opportunity to participate in an upcoming transmission study will be presented.