Identify strategies that minimize wholesale costs, manage future risks and maintain stable competitive rates while allowing utility boards’ flexibility and autonomy to customize their own electricity portfolio.
When municipal utilities become CMPAS members, they have access to resource planning, operational support, and portfolio development and management services. Members also have the opportunity to voluntarily participate in CMPAS-sponsored generation and transmission projects. Depending on the needs discovered during the planning process, CMPAS sponsors the development of projects to meet the specific needs and objectives of each member's individualized power portfolio.
As a portfolio advisor, CMPAS provides:
Project Development: involves load forecasting, portfolio planning, portfolio risk analysis, and procurement activities that precede agency-sponsored projects and purchases to meet members’ aggregated needs.
Project Management: includes agency-sponsored project administration, operational support and energy scheduling in the MISO market.
Markedly different from an “all in” full requirements agency, utilities in a project agency belong as either full or partial requirements members and are not obligated to participate in projects. Members receive power supply planning and transmission support services as part of their membership dues. They also receive preference rights in the CMPAS “wholesale buying club” where they can procure both power supply and/or support services by executing separate contracts specified for their individual needs. Affiliates can also choose what they want and pay for what they need from power supply planning, MISO energy scheduling and transmission tariff recovery, and other support services.
CMPAS Benefits For Municipal Utilities
CMPAS leverages purchasing power through collaboration and economies of scale that makes agency-sponsored projects more competitive.
CMPAS shares costs for professional expertise, project development, and administration among utilities who subscribe to specific services.
Utilities meet their individual needs from a combination of local self-supplied resources; third-party supplied contracts; agency aggregated generation projects.
CMPAS provides individualized resource planning, due diligence, and quantitative and comparative risk analysis of generation and transmission alternatives from the specialized expertise of CMPAS staff. Keeping informed of the ever-evolving power industry also requires support in the following areas:
Legislative and Regulatory – Participation on policy-making and advocacy groups such as Minnesota Municipal Utilities Association (MMUA), Midwest Municipal Transmission Group (MMTG) and the Transmission Access Policy Study Group (TAPS).
Government Compliance – Assistance meeting compliance obligations such as state renewable energy, conservation mandates, and MISO reserve requirements.
Industry Trade Associations - Representation in the MISO Transmission Owners Group, Load Serving Entities (LSE) Coalition, and others.
Marketplace Trends - Help monitoring changes in electric and gas markets and also major changes in environmental laws & regulations.
Joint Action Network - Finally, CMPAS membership provides members access to participate in a forum of peer utilities facing similar challenges, including representation and a vote on the CMPAS Board of Directors.
Learn more about portfolio development and portfolio management: