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09 Fiscal Policy
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09 Fiscal Policy
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Last modified
8/23/2012 8:57:36 AM
Creation date
2/20/2009 1:37:29 PM
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AGENDA
Item Number
9
AGENDA - Type
RESOLUTION
Description
9 Fiscal Policy
AGENDA - Date
2/23/2009
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• All generators, regardless of size, should explicitly be barred from the unlawful <br />exercise of market power. Current regulations exempt smaller generators from <br />market power prohibitions. <br />• Entities harmed by wholesale market abuse such as municipalities, commercial <br />customers or retail electric providers should be given explicit standing to participate <br />in enforcement actions brought by the Public Utility Commission ("PUC"). Affected <br />parties are currently barred from participating in such proceedings. <br />• Ownership and control of generation capacity should be limited to no more than <br />twenty percent (20%) of total generation capacity within the functional market <br />(ERCOT zone) in order to enhance competition and mitigate market power and the <br />ability of any one generator to affect prices. In the alternative, the PUC should be <br />directed to create a single ERCOT-wide maxket with uniform congestion pricing. <br />• Permit cities to create and implement opt-out citizen aggregation programs, or <br />alternatively to become Retail Electric Providers or Municipally Owned Utilities. <br />• Direct the Electric Reliability Council of Texas ("ERCOT"), the organization that <br />administers the state power grid, to abandon all efforts to transition to a nodal market <br />and direct the PUC to open a proceeding to consider other market design options: <br />The CAPP Boaxd, made up exclusively of City representatives, requests that the City <br />Council pass the attached resolution endorsing CAPP's legislative agenda. <br />RECOMMENDATION <br />The staff of the City of Paris recommends that the City Council adopt the attached <br />resolution. <br />. Ut)0U3:. <br />
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