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<br /> RIVERSIDE PUBLIC UTILITIES <br /> Board Memorandum <br /> <br />BOARD OF PUBLIC UTILITIES DATE: OCTOBER 24, 2022 <br /> <br />SUBJECT: RIVERSIDE PUBLIC UTILITIES ELECTRIC 2023 ANNUAL RESOURCE <br />ADEQUACY PLAN COMPLIANCE FILING WITH THE CALIFORNIA <br />INDEPENDENT SYSTEM OPERATOR <br />ISSUE: <br />Consider approval of Riverside Public Utilities Electric 2023 Annual Resource Adequacy Plan <br />compliance filing with the California Independent System Operator. <br /> <br />RECOMMENDATIONS: <br />That the Board of Public Utilities: <br />1. Approve the Riverside Public Utilities Electric 2023 Annual Resource Adequacy Plan <br />compliance filing; and <br />2. Authorize filing the Riverside Utilities Electric 2023 Annual Resource Adequacy Plan with <br />the California Independent System Operator in compliance with Section 40 of its tariff. <br /> <br /> <br />BACKGROUND: <br />be held in reserve for unanticipated circumstances (e.g., unplanned transmission or generation <br />outages). <br />Section 40 of the California Independent System Operator (CAISO) tariff governs the RA program <br />requirements for load serving entities (such as Riverside) participating in CAISO markets. The <br />CAISO tariff provides an option for local regulatory authorities of publicly owned utilities to adopt <br />their own RA Program that meets certain criteria. <br /> <br />On May 23, 2006, the City Council adopted Resolution 21170, establishing its own RA Program <br />in response to the CAISO Tariff requirements. <br />its resource procurement. <br />On June 5, 2012, the City Council adopted Resolution No. 22389, approving a revised RA <br />Program, which reflected current grid operational conditions, deleted obsolete provisions, and <br />ensured efficient implementation while enhancing reliability. <br /> <br />