HomeMy WebLinkAbout13, 2017 Purchase Power Budget vs Actual Year in Review
WORKSHOP ITEM #132017 Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals March 7, 2018
2017 Risk analysis and 2017 forecast•Proposed resources for 2017•Future renewable resources•Diversified power supply plan•Conservation as first resource•Renewable Portfolio Standard
(RPS) target, State requirement•Mission statement and objectives•FY 16 & 17 Budget included “Purchase Power Plan”•Purchase Power Plan was approved by Board on November 18, 2015•BACKGROUND
/ HISTORY Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals
2017 FY17 Plan was based on a forecast of 163,421 MWh•FY17 Purchase Power Plan included•BACKGROUND / HISTORY Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals
NEW INFORMATION Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 costs and energy consumption by our customersThe two major factors that affect purchase power
costs are resource •These factors reduced energy cost to $70.01 MWh, 9.3% under budget•Energy consumption: 0.6% more than forecast•Energy cost: 8.8 % less than budgeted•Summary Budget
vs Actual FY17•
NEW INFORMATION 12,608,53$11,504,139$TransmissionMisc Costs:FY17 Power Purchase Cost ActualBudget$13,000,000$12,000,000$11,000,000$10,000,000$9,000,000$8,000,000$7,000,000$6,000,000$5,000,000
Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 Budgeted vs Actual purchase power cost for 2017•
NEW INFORMATION hWM MWhEnergy Consumption2017 Monthly ActualBudgeted DECNOVOCTSEPTAUGJULYJUNEMAYAPRMARFEBJAN20,00018,00016,00014,00012,00010,0008,0006,0004,0002,0000 Purchase Power Budget
vs Actuals2017 Purchase Power Budget vs Actuals2017 Budgeted vs Actual monthly MWh consumption for 2017•
NEW INFORMATION 2008 Peak MW2009 Peak MW2010 Peak MW2011 Peak MW2012 Peak MW2013 Peak MW2014 Peak MW2015 Peak MW2016 Peak MW2017 Peak MW 2008 thru 2017Monthly Peak MW DECNOVOCTSEPTAUGJULYJUNEMAYAPRMA
RFEBJAN 40.035.030.025.020.015.010.05.00.0 Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 2017 peak load was 33.3 MW in January•Monthly Peak MW for 2008 through
2017•
NEW INFORMATION Sales MWhBudget MWhActual MWh Actual vs Budget vs Sales MWhTotal Bulk Power MWh /Year 170,000165,000160,000155,000150,000145,000140,000135,000130,000125,000120,000 Purchase
Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 Annual history of Actual vs Budget vs Sales MWh’s•
NEW INFORMATION WindLandfill GasSmall HydroHeat RecoveryUnspecified PoolNatural Gas2017 RESOURCE MIX67%Carbon Free Resources29%Wind15%Landfill Gas17%Small Hydro6%Heat Recovery26%Unspecified
Pool7%Natural Gas Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 Actual Purchase Power Resources used for 2017•
NEW INFORMATION 2016 2017 Five-year Market 2012-17 (Exist)Five-year Market 2017-22 (New)TCID Small HydroTrans Jordan - Land Fill GasStampede - Small HydroFallon Exchange for StampedePleasant
Valley - WindNebo Power Plant - Natural GasHorse Butte Wind - WindVeyo Heat Recovery 2017Open Position-UAMPS Pool / Mkt 2030-Resources (MWh) By Year 2014 200,000180,000160,000140,000120,000100,00080
,00060,00040,00020,0000 Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 2030–Resources (MWh) by Year 2014 •
NEW INFORMATION 65.4%TotalsAdditional Unbundled REC’s13.1%19,559) RecoveryUnbundled REC’s(Small hydro & Heat 0.0%0Heat Recovery (w/o REC’s)31.1%46,413Wind16.8%25,079Landfill Gas4.4%6,607Small
Hydro% SalesMWh REC'sEligible Renewables (CPUC)Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 CEC definition of “Retail Sales” does not include water pumping
or own use•quarter 2018 nd REC amounts will be finalized during 2•2017 Estimated RPS*•2030; 50% of retail Sales•2017 thru 2020; 33% of retail sales•2014 thru 2016; 25% of retail
sales•2011 thru 2013; 20% of retail sales•Renewable Portfolio Standard (RPS) compliance periods and targets:•
NEW INFORMATION 78.8%Totals13.4%20,000Additional Unbundled REC’s13.1%19,559Recovery) Heat Unbundled REC’s(Small hydro & 0.0%0Heat Recovery (w/o REC’s)31.1%46,413Wind16.8%25,079Landfill
Gas4.4%6,607Small Hydro% SalesMWh REC'sEligible Renewables (CPUC)Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 CEC definition of “Retail Sales” does not
include water pumping or own use•quarter 2018 nd REC amounts will be finalized during 2•2017 Estimated RPS*•2030; 50% of retail sales•2017 thru 2020; 33% of retail sales•2014 thru
2016; 25% of retail sales•2011 thru 2013; 20% of retail sales•Renewable Portfolio Standard (RPS) compliance periods and targets:•
NEW INFORMATION TBDTBDTBD$1,140,372$1,172,306 $965,402 $836,233 $862,563 WindRevenue used for HB TBDTBDTBDTBDTBD98,09077,58371,80670,866Allowances SoldTBDTBDTBDTBDTBD$1,172,306 $965,402
$836,233 $862,563 Allowance Revenue0119,775119,295119,049119,452118,090117,582116,807115,865Utility DistrictTruckee Donner Public 202120202019201820172016201520142013Annual Allocation
of Electrical Distribution Utilities (Allowances)Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 all customersHorse Butte Wind project, benefits •These revenues
go toward purchase of renewable resources•CARB Cap and Trade Summary•
NEW INFORMATION Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 Overall one of the best years ever for TDPUD•Upgraded parts of system to ensure long life and
continued reliability•Replaced over 100 poles••Outstanding financial performance in 2017•January and February 2017 dumped over 200 inches of snow•Recovers from huge storms 2017•Earned
the Platinum level in 2017, valid for three years•ProviderReliable Public Power –RP3 •Received from Truckee Chamber of Commerce•Excellence in Government Award•2017 Achievements•
FISCAL IMPACT There is no fiscal impact associated with this item•ActualsPurchase Power Budget vs 2017 ActualsPurchase Power Budget vs 2017
RECOMMENDATION Purchase Power Budget vs Actuals2017 Purchase Power Budget vs Actuals2017 Receive this report and provide comments•