HomeMy WebLinkAbout10 FY18 and FY19 Purchase Power Plan Budget
BUDGET ITEM #10FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan October 4, 2017
FY18 & FY19 Purchase Power Plan Present a draft of the FY18 & FY19 Budget•Review final Purchase Power Plan•–November 1WaterDiscuss operating and capital budget for Electric and •Power
PlanPurchase Discuss •–(Tonight) October 4 manner at the lowest practical cost.”to manage District resources in a safe, open, responsible, environmentally sound quality water and electrical
power services while meeting customer demand, and “The Mission of Truckee Donner Public Utility District is to provide reliable and high •Statement of Truckee Donner PUDMission BACKGROUND
/ HISTORY FY18 & FY19 Purchase Power Plan
FY18 & FY19 Purchase Power Plan SB 350 minimum of 50% of renewable resources by 2030 to implement Truckee Donner Public Utility District resource mix will have a •meet projected demanddemand,
TDPUD will strive to include qualifying resources to At such time that projected resources do not exceed projected •Standard Procurement PlanRenewable Portfolio BACKGROUND / HISTORY
FY18 & FY19 Purchase Power Plan
NEW INFORMATION conservation will reduce market purchasesGreater •resourcesOffsets growth that would otherwise require additional •load3% of total -Conservation is expected to reduce
1•2019Forecast assumes that load increases slightly in both 2018 and •esourcerirst fconsidered Conservation is FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION hWG Actual Load GWhForecast Load GWh 170,000165,000160,000155,000150,000145,000140,000135,000130,000125,000120,000 2019 Forecasted Load = 166,910Actual Load = 158,1492013
•2018 Forecasted Load = 165,095Actual Load = 156,497 2012 •2017 Forecasted Load = 163,421Actual Load = 160,5442011 •Actual Load = 161,0842016 Actual Load = 158,494 2010 •Actual
Load = 152,2102015 Actual Load = 157,695 2009 •2014 Actual Load = 158,245Actual Load = 160,1892008 •)GWh(oad lorecasted ffuture History and FY18 & FY19 Purchase Power PlanFY18 &
FY19 Purchase Power Plan
NEW INFORMATION volatilityPrice •durationContract •diversityResource •Cost/Rates •resources (carbon free)Renewable •Conservation•balance:Future portfolio (FY18 & FY19 and beyond) is
intended to •)benefitvs. portfolio (risk Future FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION FY17 heat recovery and TCID hydro were added in Veyo•mall hydros–District (TCID) Truckee Carson Irrigation •arbon freec–heat recovery Veyo•wind–Horse Butte Wind Project
UAMPS •wind–UAMPS Pleasant Valley •gasTrans Jordan landfill –City Murray •Sierra REC)-hydro (assigned to Plumaslarge –Western CVP •hydrosmall –Stampede Dam •Existing (FY17) renewable
resources are:•resourcesExisting FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION FY18 Resource Mix 50%Renewables15%Trans Jordan LFG1%TCID Small Hydro27%7%Stampede (Small Hydro)0%, Pleasant Valley (Wind)7%Veyo (Heat Recovery)12%Net Market ( UAMPS),
6%Payson (Natural Gas)25%thru 3/20224/2017 -Market Purchase FY18-Proposed Resource Portfolio •FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION FY19 RESOURCE MIX 50%Renewables15%Trans Jordan (Landfill Gas) 1%TCID Small Hydro27%7%Stampede (Small Hydro)7%24%thru 3/20224/2017 -Market Purchase 13%UAMPS Pool6%Payson
(Natural Gas)0%Fallon Exchange FY19–Proposed Resource Portfolio •FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION generation).”-pumping, or electricity produced for onsite consumption (selfconsumption by a POU, electricity used by a POU for water This does not include energy . tenants,
measured in MWhuse customers and their -“Sales of electricity by a POU to endSales :of Retail Definition •Eligible Renewables MWh / Retail Sales MWh•equation:RPS is calculated by the
following •Renewable Portfolio Standard (RPS)FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION to be used in 2018$1,108,408 Total $291,103 (Auction 13)(Auction 12)$295,000$398,682 (Auction 11)$123,623 (Auction 10)(Auction 13 estimated, Nov 2017)Consigned by TDPUD,
2017from Sale of Allowances Revenue$13.57 (Auction 13) (Auction 10)$13.572017Settlementratepayerspersons other than such goals of AB32, and may not be used for the benefit of entities
or ratepayers of each electrical distribution utility, consistent with the distribution utility shall be used exclusively for the benefit of retail Auction proceeds and allowance value
obtained by the electric FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION 77.51FY19 (forecast)77.80(forecast)FY1877.15FY1774.05FY1676.46FY1575.55FY1473.85FY13$/MWhar e Y and scheduling costs are:in budgeted energy supply cost including transmission
-The all•Energy Supply Costs FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION 0.8%$0.65$77.80$77.15 Total Delivered Cost $/MWh 1.0%1,674 165,095163,421 Total Annual MWh 1.8%$236,635$12,845,166$12,608,531Total Bulk Power Costs$62,901$990,057$927,156NVEnergy-Tran
smission $173,734$11,855,109$11,681,375Various-Total Energy Supply CHANGE 20182017Purchased Power and Resource Costs$BUDGET BudgetBudget 2017 to 2018 BudgetFY18 PURCHASE POWER PLAN EXPENDITURES
DETAIL Budget FY17 vs. FY18Purchase Power Plan Expenditure Detail FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
NEW INFORMATION 0.4%-$0.29-$77.51$77.80 Total Delivered Cost $/MWh1.1%1,815166,910165,095 Total Annual MWh 0.7%$92,358$12,937,524$12,845,166Total Bulk Power Costs$0$990,057$990,057NVEnergy-Transmissi
on $92,358$11,947,467$11,855,109Various-Total Energy Supply CHANGE20192018Purchased Power and Resource Costs$BUDGETBudgetBudget 2018 to 2019 FY19PURCHASE POWER PLAN EXPENDITURES DETAIL
Budget FY18 vs. FY19Purchase Power Plan Expenditure Detail FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
FISCAL IMPACT Minimizes price volatility due to fuel costs and weather risk•$77.51/MWhof in cost -Achieves a projected FY19 all•$77.80/MWhof in cost -Achieves a projected FY18 all•Plan:Purchase
Power •ImpactFiscal FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan
RECOMMENDATION Receive this report and provide input to staff•Recommendation FY18 & FY19 Purchase Power PlanFY18 & FY19 Purchase Power Plan