Submitted By
Marcella Bondie Keenan, Chief Sustainability Officer
Reviewed By
A.M. Zayyad, Deputy Village Manager
Agenda Item Title
Title
Presentation and Discussion on Municipal Options for Blending Renewable Energy within Retail Supply and Aggregation Contracts
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Overview
Overview
A presentation from Mark Pruitt, principal of the Power Bureau, the Village's consultant for services related to the Village's municipal aggregation and renewable energy programs, on options available to municipalities seeking to purchase renewable energy. This report will include options for the municipal aggregation (Community Choice Aggregation) program.
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Anticipated Actions/Commitments
Recommendation
Provide direction to Village staff regarding options to pursue.
Report
This presentation is the second report regarding options for increasing the Village's procurement of renewable energy. This is in support of the Climate Ready Oak Park commitment to reduce community-wide greenhouse gas emissions by 60%, and to meet Village facility energy needs by 100% renewable energy, by 2030. As demonstrated in the 2019 greenhouse gas inventory, 70% of community greenhouse gas emissions are generated from building energy. Although ComEd is increasing the amount of renewable energy in its grid, it is not expected to have sufficient renewable resources for the Village to meet its climate action goal by 2030.
Mr. Pruitt previously presented to the board on May 22, 2023 (ID 23-223), as summarized below. Village facilities currently use 9.3 million kilowatt hours of electricity annually, at a cost of $477,000 annually. Additional natural gas energy is also consumed. This is equivalent to a 5.5 MW solar farm (30 - 40 acres), at a capital cost of $5 - $6 Million, which could be constructed from multiple smaller projects over a 2- to 4-year timeframe.
Achieving 100% renewable energy for Village facilities will require continued reliance on the ComEd grid, physical space and time t...
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