...Title
Actions Related to Long-Duration Storage and Wholesale Energy Services.
...Recommendations
Adopt a resolution:
(a) Authorizing the Director of the Community Energy Department to execute the following two agreements for the procurement of up to 20 megawatts from the Goal Line BESS 1, LLC long-duration storage battery project, with any non-material modifications developed, as appropriate, in consultation with the City Attorney, and subject to the annual appropriation of funds, in an amount not to exceed $4,400,000 annually and $66,000,000 in aggregate in Calendar Years 2025 through 2040 for both agreements:
(1) Project Participation Share Agreement between California Community Power (CC Power), the City of San José, Sonoma Clean Power, CleanPower San Francisco, Redwood Coast Energy Authority, Silicon Valley Clean Energy, and Valley Clean Energy; and
(2) Buyer Liability Pass Through Agreement between CC Power, Goal Line BESS 1, LLC (or its affiliate), and the City of San José.
(b) Authorizing the Director of Community Energy Department to negotiate and execute, in consultation with the City Attorney, a Coordinated Operations Agreement between CC Power, the City of San José, Sonoma Clean Power, CleanPower San Francisco, Redwood Coast Energy Authority, Silicon Valley Clean Energy, and Valley Clean Energy addressing operation by CC Power of the Goal Line BESS 1, LLC long-duration storage battery project.
(c) Authorizing the City Manager, or her authorized designee, to negotiate and execute a Wholesale Energy Services Agreement, including Scheduling Agent Services, with Northern California Power Agency for an initial period of three years from the date of execution in an amount not to exceed $2,267,070 for the first three years and up to three two-year extension options for an additional $1,627,001 for the first two-year option; $1,726,085 for the second two-year option; and $1,831,203 for the third two-year option for a total contract amount not to exceed...
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