Redwood Coast Energy Authority, Valley Clean Energy sign resource adequacy agreements
November 17, 2020
by Paul Ciampoli
APPA News Director
November 17, 2020
California community choice aggregators Redwood Coast Energy Authority and Valley Clean Energy have signed resource adequacy agreements with California-based Leap, which enables real-time automated trading on energy markets.
Under the agreements, Leap will provide a total of 12.5 megawatts in flexible capacity to Redwood Coast Energy Authority and Valley Clean Energy. The new capacity will be made available for use by the CCAs starting in June 2021 over a ten-year term and will be sourced from Leap’s marketplace for grid flexibility.
The new agreements will allow the CCAs to unlock a new means of meeting energy demand in their service territories by gaining access to a statewide market of distributed energy resources, Leap said in a recent news release.
This includes delivering flexible capacity from within the CCAs’ service territories, as some of the resources in the Leap marketplace will be provided by customers of the CCAs.
According to Leap, it has been the largest participant in California’s Demand Response Auction Mechanism over the past two years.
Leap’s marketplace for grid flexibility grants energy resources — including battery energy storage, electric vehicles, smart thermostats, HVAC systems and industrial facilities — access to demand response programs, wholesale markets, and real-time pricing through a single application programming interface.
The Redwood Coast Energy Authority is a local government joint powers agency whose members include the County of Humboldt, Calif., all incorporated cities within the county, and the Humboldt Bay Municipal Water District.
Valley Clean Energy is a not-for-profit public agency formed to provide electrical generation service to customers in Woodland, Davis, Winters and the unincorporated areas of Yolo County, Calif.
Additional information about Leap is available here.
The American Public Power Association has initiated a new category of membership for community choice aggregation programs.