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City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2023
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081523 SPECIAL
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8/9/2023 1:51:10 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
8/15/2023
DESTRUCT DATE
15Y
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3.2 Negotiate and implement agreements for the purchase and delivery of RNG and/or <br /> Compliance Credits for Participants; <br /> 3.3 Monitor delivery of RNG and/or Compliance Credits pursuant to procurement <br /> contracts, including prompt identification of shortfalls or imbalances; <br /> 3.4 Perform reporting of RNG and/or Compliance Credits with PG&E,CalRecycle and <br /> any other applicable regulatory authority, as necessary to ensure that purchases of RNG and/or <br /> Compliance Credits are properly allocated to Participants to satisfy SB 1383 Procurement Requirements; <br /> 3.5 Generate invoices for purchases of RNG and/or Compliance Credits for each <br /> Participant, as well as the fees for services payable to ABAG POWER; and <br /> 3.6 Such other services as are identified in the RNG Program from time to time, such <br /> as regulatory and legislative tracking and analysis. <br /> 4. Procurement Commitment. <br /> 4.1 Pleasanton will provide ABAG POWER with a forecast of the procurement needs <br /> it desires to fill with RNG and/or Compliance Credits on a rolling three-year basis commencing on the <br /> Effective Date("Procurement Forecast"),including procurement for SB 1383 Procurement Requirements, <br /> procurement for non-SB 1383 uses, and alternative fuels that qualify for LCFS. Accordingly, the first <br /> Procurement Forecast will be for the fiscal years commencing on July 1,2023,2024 and 2025. Each such <br /> forecast will provide a range of volumes and prices upon which Pleasanton is willing to enter into <br /> transactions confirmations with third party sources of supply. Pleasanton may update its Procurement <br /> Forecast at any time upon forty-five (45) days written notice to ABAG POWER but will update its <br /> Procurement Forecast on an annual basis no later than June 1 of each year so that there is always a three- <br /> year forecast of procurement requirements. The initial Procurement Forecast for Pleasanton is attached <br /> hereto as Exhibit"A". <br /> 4.2 ABAG POWER will use the Procurement Forecast of Pleasanton and other <br /> participants in the RNG Program to seek out procurement opportunities for Pleasanton and to negotiate <br /> prices and terms. ABAG POWER will use the price range identified in Public Agencies' Procurement <br /> Forecasts to attempt to obtain the least cost supply offer(s) for participants. All procurements of RNG <br /> and/or Compliance Credits by ABAG POWER will be subject to execution of a transaction confirmation <br /> (each a "Transaction Confirmation"). If a Transaction Confirmation solely relates to purchases by <br /> Pleasanton, then ABAG POWER will arrange the bilateral transaction between Pleasanton and the <br /> provider and such confirmation will be a binding contractual commitment of Pleasanton and the provider. <br /> If multiple members will participate in a transaction,then ABAG POWER reserves the right to act as the <br /> counterparty with the provider, in which case ABAG POWER will execute the Transaction Confirmation <br /> with the provider and will prepare a separate Transaction Confirmation between it and each of the <br /> Participants setting for the allocation to each Participant and the Participant's contractual obligations as a <br /> beneficiary of the primary Transaction Confirmation. ABAG POWER will give Pleasanton no less than <br /> ten(10)days written notice of each Transaction Confirmation setting forth the volume and pricing terms, <br /> ABAG POWER <br /> Renewable Natural Gas Program Member Agreement <br /> Page 4 of 12 <br />
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