HomeMy WebLinkAbout~Master - Contract Renewal for MISO Market Participation Services RESOLUTION NO. 24-204
RESOLUTION APPROVING CONTRACT RENEWAL FOR
MISO MARKET PARTICIPANT SERVICES FOR ELECTRIC SERVICES
FOR THE CITY OF AMES
WHEREAS,Electric Services provides electricity to most of the residents in Ames. Energy
that is not produced by the City's local electric generation or received from the long-term wind
contract is purchased through a regional organization called the Midcontinent Independent System
Operator(MISO); and,
WHEREAS, energy is purchased on a day-ahead and real-time basis, to match the utility's
electric requirements with energy production.To accomplish this, sophisticated software is needed
to balance electric load forecasting information,wind production forecasts, and generation pricing
to create the right balance of local generation and market purchases; and,
WHEREAS,on May 26,2020,City Council awarded a three-year contract to MCG Energy
Solutions,LLC,Minneapolis,Minnesota,for MISO Energy Market software service. The contract
includes a provision that would allow the City to renew the contract for up to two additional one-
year terms. This is the second of two optional renewal periods, which includes a 2.5% cost
increase.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the contract renewal with MCG Energy Solutions, LLC, Minneapolis, MN, for MISO Market
Participant Services for the period of July 1, 2024, through June 30, 2025, in the amount of
$117,887.16 is hereby approved.
ADOPTED THIS 23rd day of April, 2024.
Renee kall, City Clerk John A. Haila, Mayor
Introduced by: Corrieri
Seconded by: Betcher
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 23rd day of April, 2024.