6e Presentation Bonneville Power Administration Contract
Item No: 6e supp____________ Meeting Date: June 23, 2020___ Power Services Supply with Bonneville Power Administration Power Services Supply with BPA Purpose Authorization to acquire 3 megawatts of power from Bonneville Power Administration for 1-year period beginning Oct 1, 2020 Fulfills a 2018 commitment to acquire non-federal resources in addition to existing BPA resources Product BPA's non-federal power is 95%+ greenhouse gas or carbon free 3 megawatts represents ~18% of total SEA electrical portfolio At current pricing of ~3.6 cents per kWh, this one-year block of power is valued at ~$1M 2 Power Services Supply with BPA Delivery BPA will acquire the 3MW power supply and will schedule and deliver that power to SEA BPA will supply the balance of the power requirements through the SEA allocation of federal power Benefits Single supplier coordination for transmission and ancillary services Established Terms and Conditions Risk failure to acquire the non-federal resources will trigger the penalty rate of 15 cents per kWh 3 Electricity Load and Supply Forecast as of 2018 Load Forecast kWh Sourced from non-Federal Sourced From BPA Federal Resources Resources 3 MW3 MW 4 MW Note: 4MW supply commitment in 2022 has been rescinded 4 Summary Acquisition of this small block of non-federal power through BPA provides a clean and low-cost supply along with a lower SEA administrative burden Fulfills the contractual commitment made in 2018 5
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