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HomeMy WebLinkAbout9 Power Supply Workshop Agenda Item # Memorandum To: Board of Directors From: Stephen Hollabaugh Date: February 24, 2006 Subject: Power Supply Workshop History: The District has a power supply contract in place with Constellation Energy Services that runs through the end of 2007. This workshop will discuss the value of this contract as well as our current, short term future and long term future needs and opportunities. I put together a workshop, Brainstorming meeting on January 241" that was held at the NCPA Roseville offices, concerning the future Power Supply of Truckee Donner. The meeting included individuals from UAMPS, NCPA, Eldon Cotton who has strategically helped us in the past, District General Manager and Board president. In the meeting we discussed several items concerning Generation, Transmission, and market risk. Below are three "general concepts" that may be used to develop our short and long term strategies concerning power supply to the District. • Develop several small options — it collars risk • Develop a rate philosophy—stable rates (includes stable rate increases) • Cost based resource concept (used at UAMPS) Attached is the power point presentation from the meeting for your thought and possible discussion. I don't plan to go over this presentation at the Board meeting but thought you might learn of how Truckee's generation situation is different from others in northern California. New Information: This is a workshop and there are not any action requested from the Board at this time. However many of the subjects discussed will have action items coming to the Board in the future. This workshop is designed to help the Board with the upcoming decisions needed from the District. Here are some of the items to be discussed at this workshop. (I will be making a power point presentation at the Board meeting; this is an outline of that presentation) Page I of 2 Current: Now through Dec 2007 • Current Contract— Value of Current contract with Constellation • Western Area Power Administration o Current contract with WAPA and its value to the District o Washoe Project (Stampede Dam Generation) — I have a meeting with WAPA on Wednesday March 1, 2006 at their headquarters in Folsom. I'll give an update at the Board meeting of the status and possible progress concerning this item. Short Term Future 2008-2009 • UAMPS SC&E project status and projected pricing. Jan 2008 through March 2009 Longer Term Future needs and opportunities • UAMPS IPP#3 status and schedule • Resource 500 status • NCPA "New Lodi" generation — presentation • Market Opportunities that may arise. Please feel free to discuss any of the items as they are discussed at the workshop. This can be a complicated subject. I will do my best to clarify any issues, opportunities or strategies that the District may use to best serve our customers. Page 2 of 2 Truckee ginner PUD Future Power Supply Workshop " Brainstorming Meet January 24, 2006 1 :30 PM at NCPA Office Conf. Room Brainstorming mtg of Jan 24, 2006 Electric System Information x :ryti • 12,437 customers 89% residential t w: - 42% of residential customers are primary homeowners .14* 4 . K • New Customers (Thru 7/05) 226 with 115 pending Brainstorming mtg of Jan 24, 2006 Chart1 Yearly Power Supply Plans $12,000,000 200,000,000 n ����'. 'i'�� 5 5y'a�`5`"*.��`^,y''�y'*w5K✓� ✓"�y�� nx��✓„`�}>'��}4.�`.r� 4,t'4'* V > x 180,000,000 $10,000,000 hx sr * v $ ? q s t z 160,000,000 } 5 •,, ,.•x x.t v" 5?`' •w pt yx. �*'�'. .,i„ �5 wb{.. � a $8,000,000 ' � r °}," �> ` � "` "wr�<`�" >`,;z`4� r° � 140,000,000 3 120,000,000 hY fA $6,000,0000 r hyy•. sc 4`.,.': t*5n'}}5.+>;5',r+rS5✓*Z.ry Xtu4w'.�4. +�.;*�"X 4 •`x`5 }�c"w,5. MM POwefSuPPI Supply Under Contractv 100,000,000o m " >, I.--*—Load kWh �' 'icy x}�4h t} „,x�,.x+ +' ,t, "•,"' '� '.".,ti:. " 5' a x - 80,000,000 } $4,000,000 ✓5 .�^i` � }y�'„„5e�.�%' y�x}rdrs5 ��. k 1 5 A 60,000,000 $2,000,000 40,000,000 �x"., s5 �".`.Y�� v�'*."`5�55•��i.{r d; L '4fi�.5�'iy ``" �"�5*: 5J 45 y 4�K„ '"h. yK✓{ 4..��� .�y?v 5 5�["1 '� `� 7, }5x f4`y l" `1Y!' {�'M1`u S�tiM xixY',.. 0. • 5 2oroo0,000 .{.N • �N 4 `4k r`.hy L `"4Vx" *Y . 2005 2006i 2007 12008 2009 2010 2011 2012 � 2013 20141 0 CPS CPS CPSAMPAMP None None IPP#3 1 IPP#3�IPP#3 J OE 1St Qtrl Year Page 1 w Current Situation Purchased Summary x t tl • Current - Contract protects against market volatility through 2007. • Future (Market Uncertainty???) - Power from the Washoe Project (WAPA Generation on Stampede Dam). About 5% of load, non-firm. 2008 thru 2011 - When should we lock in a price and who's crystal ball should we use? (Update UAMPS SC&E Project) Debt of approx $3 . 5 million yearly ends 2012 Brainstorming mtg of Jan 24, 2006 TDPUD Projected Monthly Average Requirements - 2008 30 x; 25 'n"+,'v L' ," �"x`a"�2xP"�"'x�3+"s•"n %'.*v`.{ �� '�i`"yx .r",+. t1 " �, ` } *• KYi•� Yx �i+,5. } ¢'*., "`*" ✓. "'y�'Lw jvs'f�x at:gy„w Y� Y � + ,��. /� Lr `Rv � ,C+.Y x, y v6{• 'a'"„• �.'v"`.' +. �,ti"�gx " � Fsa„� 15 O ^'Y w".„ 'w } sr�rT v ^}S{ 't"+� x i vs.� ✓Z•'K• \ r',i` .Y Y .,.Y� `°i, t .„v .5��� �"Y �y, x *S" 'X�'�^ 'w'v`'�i 5 °*," �"" •., �4�K M "*��' "y ".'�- �i�"�k �y qv�"" :w N,y ••. '�� ��w �„"x' t I Y • t�'x �L v" h'M r"y ��4 Y`r `i,,. � "X d� �' �..`b''.M t • •• v "" ., ��i �` ,Y�,•'�"`Y v ` i." �� �hv"yam � '�" � x n xy � � ��s� '`�".� ^�.,,�r � � Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 0 Baseload EJ Peak II I TDPUD Projected Monthly Average Requirements - 2015 35 k fr z 4° {^. e {4"�'w {•�4u,4y{„'$..w'*,,a+ ti F 4 p "fit{,�-0 t nZ r,4 2 < „",�b �r 4..,`s,{".',.P w '"�s✓w,y K ,,w'w^,y r�nn{{�tiF w.}4w ',.,., "v,,,54"k."^ ""4S^�,5�^:.Rn.,,,�.Ji"^ i�`.�"v'`.w+,y°w 4 y; S✓ ,, f I 30 li {` '�Kh`K�F�'�1`4*+"tr���4�"*%:*�4,`�4�b�v a,,�?{'*�Kv^•} w,� :4 't x"w �dF�y`w'^9rr., ^}^a. r`K4K t 4,K �}�u�"4"�y'�""�.`"` ,.,�" 5*�:-'r '"3'C . ..j , X."., 'w; "w, F{..,�,.,„w, w{wK,+`h✓ "*"�:"``w.wr��� %w7;+w"1.�"3}k✓`*x xhw� �`,��4"vw w,�.,}`,w��:r.+,'wvwiy w + >.� ki, K � 25 w NO , K ."ti."m u'w .* 4W e J'Jw+vt�{'`t✓ "K h}{,'� CX `4✓., o" 3,.x'i* n.4 K ^ " ✓ {✓ I {^4 X.;°w. } ✓h bw"2w wYn' ww"4,v "yxwt'.h'y�.y °��, Fw qw. 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Fs.K Kw+JK+"rw +. � I 5 0 h ,5nu �, �,4{.fi't M1 yr,s ^"'4 wy�',.^;X ``� K'i.n J, {r Yv. y °.p✓.. w...� _.fit i E Baseload El Peak ; 4 Truckeei u ion Page Sierra Pacific NITS • TDPUD had a tariff transmission agreement in place with Sierra Pacific. • Sierra Pacific: Network Integrated Transmission Service (NITS) • This tariff transmission service pays for delivery within Sierra's control area to Truckee's Substation meters. Brainstorming mtg of Jan 24, 2006 p Strategic Questions *, Transmission Please give GIs your thoughts • Since we have some Western generation to the west, do we want to try to secure transmission over Summit from CAISO? Historical Strategy: "Don't deal with the CAISO if at all possible." • If CAISO has a FTR auction, should we acquire small amount at Summit? q • Keep transmission options open without losing advantage of transmission deliveries at Gonder. Brainstorming mtg of Jan 24, 2006 Strategic Questions Generation Don 't hold back, What are you thinking ? • If we are heading toward owing generation to lower our exposure to the market. . . . . - Where do we want to invest in generation • East vs. West or some of both? How much? • Currently 2012 position in IPP#3 (about $40 busbar) - How do we take advantage of location , load profile, ' and generation opportunities to lessen market exposure? • Opportunities in Nevada Green generation? Brainstorming mtg of Jan 24, 2006 Strategic Questions — Generation lima • 2008 thru 2012 - UAMPS SC&E Project may serve some of our base load needs. Where do we look for the remaining shape? (Show graphs)SC&E e200 ri h TDF)� • 2012 — Truckee has a position in IPP#3 but - How do we shape and firm our portfolio? - How to best diversify generation type and location? • What is the best portfolio strategy for 2012 forward ? Brainstorming mtg of Jan 24, 2006 Truckee Donner 2008 LLH 26,000 24,000 `.*\" ^ "u`',. n t+ *4 „ '.s"v" *trt;;� i„w > "Nis"v`wSis`�,✓ i41 k ` +w *5. 1'x� j x t � f #, 'w"✓."n � T rk` s'S`':.w y sic'Y„�, �,`c 's`m n '��",�"i ;^„u+�.-.». 22,000 20000 # } x sew v 3 #3xstisv ' i' } r r v'�w � %• k �. ,� ,.� �,^' s?,#,:#}'v lys,,.,'..N`"'sn��13 �K"s '4 yv . w.. .'s"'+ s.y xWw""".i WYL"�, x rs 'v .±v" k,}„� ,.xn.``^ ,,{ xs v `}'.y��ty�,� '�• xs� 'wTjT Zs.+s.e, s a ifi°.{:wLti {'+.,w?+' uxs Y a}.,°� v s°{.ay,✓,`$ssv^54#. "'`?, s .'x h+v ?ti *.t ti 18 000 X ivy Y 4 d w w 4e Y,h `�. 16,000 {.2"} „{. •c u �� M { X k' k"".�5v{ V,i Ys ss`v� t..t. Y ''{{ h4 .?s }b ry ,�s ,x r'2 . .t ., wtit }',# +}x" 1 �' ' 'w%1s:w}xs'. .x✓.}+s'r ,sxx 1 h�'`s *' ' 14,000 s . ``tix 'Y'*`\ •`y.4:�,.,, '*., s�v #, Y h. �x"u .�.. �, %4s' s,. *„,� ssx"+.., ly.s ., +, Y,„ , .._.. _... i 12 000 ti # $ x ®LLH SC&E Block KW kh } � .Z . r .� Y "i .sl,� V .V ✓ i .2 "h J �Yw4 `AM1 M4 1 10,000 y f LH 5C&E KW 8,000 na 6,000 x wtL k, 4,000 ,, 2,000 w a �`* x" a # o ;i+x "^s #."✓ `+ ''y?, w y x'�"",v,�. 4., � ''�. s rv= v „. p+. 00 0 CO CO CO 00 CO V.. Q O O CO CO 00 CO Co O O O tt. Q tq O o m z p Months 5 4M M1N Other Strategic issues What are we missing ? We would like your • How to present this to a recommendations, Board? comments and ideas. • Any cool graphs or illustrations? n • How to simplify this data but get to the point? • Anything else? Brainstorming mtg of Jan 24, 2006