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Our Resources € <br /> MMPA met the 12% renewable <br /> energy standard in 2014, <br /> Oak Glen Wind Farm Renewable Energy Credits <br /> The Oak Glen Wind Farm (OGWF) is a 44 MW € MMPA purchases renewable energy credits <br /> wind project located near Blooming Prairie, (RECs) from a variety of renewable facilities <br /> Minnesota. The project is composed of 24 in Minnesota and the Midwest. These RECs <br /> turbines that produce renewable energy for are sourced from a variety of renewable <br /> the Agency. OGWF entered service in 2011 and € technologies and supplement the Agency's <br /> has consistently had a high level of reliability. € owned renewable generation. REC purchases <br /> The Agency installed a gazebo and educa- € give MMPA flexibility in meeting the Agency's <br /> tional signage about wind energy at a park in annual renewable energy requirements. <br /> Blooming Prairie in thanks to the community MISO <br /> for hosting the OGWF project. € Like other utilities in the region, MMPA buys <br /> Hometown WindPOwer all of its load requirements from and sells all <br /> MMPA was the first municipal power agency in of its generation output to the Midcontinent <br /> the country with a wind turbine in each member Independent System Operator (MISO). However, <br /> community when it completed the Hometown MMPA's physical and contract assets provide <br /> WindPower project in 2010. A 160 kW wind € caps on market prices. We also purchase both <br /> turbine was built in each member community, electricity and natural gas in forward markets. <br /> with a turbine also installed at the Agency's These hedging activities promote rate stability <br /> FEP facility. In addition to providing local and and manage MMPA's energy price risk. <br /> renewable energy, these turbines help <br /> community members learn about the benefits <br /> and operating characteristics of wind power. <br /> Purchases from Other Utilities <br /> The Agency purchases capacity from other <br /> 0 <br /> utilities under short- and medium-term <br /> Q contracts when economic. These purchases <br /> 0 <br /> allow MMPA to manage the timing of long-term <br /> 0 <br /> Agency-owned resource additions. <br /> Q <br /> �' 2014 MMPA Annual Report 15 <br />