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Power Supply <br /> V V strives to orovice <br /> rc I a J c, co m octitivc y-oriccc <br /> oower to or members. <br /> To position the Agency to deliver on its mission, MMPA invests in <br /> transmission and manages a robust hedging program. In response <br /> to volatile energy markets, the Agency utilizes its physical assets and <br /> forward contracts to achieve rate predictability for our members. <br /> Transmission Forward Market Purchases <br /> MMPA owns transmission in its member The Agency purchases both electricity and <br /> communities of Anoka and Chaska. These natural gas in forward markets to reduce risk <br /> transmission assets support the Agency's and promote rate stability. These efforts mitigate <br /> objective to provide reliable power. In short-term energy price risks for MMPA. <br /> addition, they provide an economic return to <br /> MMPA. Looking ahead, the Agency continues Energy Price Cap <br /> Faribault Energy Park and Minnesota River <br /> to explore additional transmission investment <br /> Station provide a price cap on energy costs <br /> opportunities in its member communities. <br /> for the Agency. Shakopee Energy Park and <br /> future distributed generation resources will also <br /> provide price caps for MMPA. <br /> rc Resource Hedging <br /> Oak Glen WFarm Hometown BioEnergy <br /> hedge energyind Price riskand for MMPA. Black Oak <br /> :-:,/,' <br /> Getty and Buffalo Solar will provide additional <br /> /~- hedges for the Agency. <br /> 2015 MMPA Annual Report 15 <br />