Decision details

Contracts relating to the sale and purchase of Electricity and Gas

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

Cabinet considered proposals relating to the terms of contracts for the sale of electricity and gas.

 

Having considered all of the information and the reasons for the recommendations, Cabinet noted the report and,

           

RESOLVED to: - 

 

Delegate authority to the Executive Director for Economy, Environment and Infrastructure to:

 

1)    Exercise an option, under the Council’s two current electricity purchasing and gas purchasing contracts with WME, to extend both their terms for a further period of 2 years commencing on the 1st April 2021 and expiring on 31st March 2023;

 

2)    Award to the Public Buying Organisation, WME, two 6-month contracts: one to manage the procurement of electricity and another to manage the procurement of gas on behalf of the Council, both commencing on 1st April 2023 and expiring on 30th September 2023;

 

3)    Exercise an option, under the Council’s current electricity sales contract with EDF Energy Ltd (EDFE), to extend its term for a further period of 2 years commencing on the 9th October 2021 and expiring on 30th September 2023;

 

4)    Approve the Electricity Trading Protocol (and revisions thereof) to be used for the sale of electricity generated by the Gloucestershire Energy from Waste Facility at Javelin Park and the purchase of electricity for the Council estate and schools (including academies) use; and

5)    Make available Renewable Energy Guarantees of Origin (REGO) certificates generated by the Gloucestershire Energy from Waste Facility at Javelin Park in order to classify the consumption of electricity across the Council’s estate as renewable energy, at market rate as required.

Publication date: 22/07/2020

Date of decision: 22/07/2020

Decided at meeting: 22/07/2020 - Cabinet

Effective from: 30/07/2020

Accompanying Documents: