A RESOLUTION relating to the City Light Department; endorsing City Light’s Wholesale Energy Risk Management Policy (“WERM Policy”), which governs wholesale energy, transmission, and ancillary services trading, including renewable energy credits and greenhouse gas offsets; establishing the WERM Policy as the guiding policy for managing risks related to wholesale energy, ancillary services, renewable energy credits, and greenhouse gas offsets within the City Light Department; and superseding Resolution 31616.

Committee

City Clerk

Introduced

February 12, 2024

On agenda

September 3, 2024

Passed

September 5, 2024

Where it was heard

City Council Sep 3, 2024 adopted Pass Sustainability, City Light, Arts and Culture Committee Aug 16, 2024 adopt as amended Pass Sustainability, City Light, Arts and Culture Committee Mar 15, 2024 discussed