Issue details

Contracts relating to the sale and purchase of electricity and gas

1)    Exercise a right to extend the term of three contracts in line with the original contract terms of two years plus a two year extension; pursuant to a Cabinet decision dated 18th July 2018 for the sale of electricity generated at the Gloucestershire Energy from Waste Facility at Javelin Park; and for the purchase of both gas and electricity to supply the Council’s estate and schools (including academies);

 

2)    Award, without further competition (i.e. direct award), two six month contracts one for the supply of electricity and associated ancillary services and one for the supply of gas and associated ancillary services to the incumbent supplier of such services in order for the contracts to become coterminous with the electricity sales contract, to allow the Council to retender sales and purchasing as one contract if preferred and/or to enable the Council to gain/manage a natural hedge; and

3)    Adopt the Electricity Trading Protocol, which sets out the principles governing electricity selling and purchasing by the Council and enables officers to buy and sell electricity within an agreed framework so as to minimise financial risks to the Council as outlined to Cabinet in July 2018.

Decision type: Key

Reason Key: Expenditure > £500,000 and 2 Divisions affected;

Decision status: For Determination

Notice of proposed decision first published: 19/06/2020

Decision due: 22 Jul 2020 by Cabinet

Lead member: Cabinet Member - Environment and Planning

Contact: Wayne Lewis, Head of Joint Waste Management Email: wayne.lewis@gloucestershire.gov.uk.

Consultees

N/A

Scrutiny Input: N/A

Planned Dates: Current contract with WME expires 31st March 2021and the current contract with EDF Energy ends on 9th October 2021.

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