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HomeMy WebLinkAbout14 Power Point 2014 Purchase Power Comparison Workshop Item #14 February 11, 2015 Comparison to Budget Forecast2014 Purchase Power Load, 2014 Purchase Power & Comparison 2 Risk analysis and 2014 forecast–Proposed resources for 2014–Future renewable resources–Diversified power supply plan–Conservation as first resource–Renewable Portfolio Standard (RPS) target–Mission statement and objectives–FY 14&15 Budget included “Purchase Power Plan”•Purchase Power Plan was approved on November 20, 2013 •Background / History to Budget Forecast 2014 Purchase Power & Comparison $75.55 $12,443,484 Totals 0.17-$ 28,012-$ WAPA-Central Valley Project $0.46 $75,423 NCPA-Scheduling $7.31 $1,204,628 SPPC-Transmission Wheeling $67.95 $11,191,445 Various-Total Energy Supply $ per MWhCostand DescriptionCost Component 3 2014 Plan was based on a forecast of 164,713 MWh •FY14 Purchase Power Plan included•Background / History (cont)to Budget Forecast 2014 Purchase Power & Comparison $73.00$75.55MWhCost per158,245164,713Total Energy Consumption, MWh$11,552,145$12,443,484CostTotal EnergyActualBudgetDescription 4 Energy consumption:3.9% less than forecast•Energy cost:7.2% less than budget•Summary budget vs. actual FY14•New Information to Budget Forecast 5 12,443,484$11,552,145$Total Energy SupplyTransmissionWAPA cost/(credit)Scheduling FY13 Power Purchase Cost ActualBudget$14,000,000$12,000,000$10,000,000$8,000,000$6,000,000$4,000,000$2,000,000$0 -$2,000,000 to Budget Forecast2014 Purchase Power & Comparison 6 hWM MWhConsumption Energy 2014 Monthly ActualBudgeted DECNOVOCTAUGJUNEMAYAPRFEBJAN20,00018,00016,00014,00012,00010,0008,0006,0004,0002,0000 to Budget Forecast2014 Purchase Power & Comparison 7 2008 Peak MW2009 Peak MW2010 Peak MW2011 Peak MW2012 Peak MW2013 Peak MW2014 Peak MW 2008 thru 2014Monthly Peak MW DECNOVOCTAUGMAYAPRMARFEBJAN 5.00.0 to Budget Forecast2014 Purchase Power & Comparison 8 Sales MWhBudget MWhActual MWh Actual vs Budget vs Sales MWhTotal Bulk Power MWh /Year 170,000160,000150,000140,000130,000120,000110,000100,000 to Budget Forecast2014 Purchase Power & Comparison 9 Resource Mix 2014 WindLandfill GasSmall HydroUnspecified PoolNatural Gas RenewablesWindLandfill Gas6%Small HydroUnspecified Pool8%GasNatural to Budget Forecast2014 Purchase Power & Comparison 10 Five-year Market 2012-17 (Exist)Five-year Market 2017-22 (New)Trans 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 2022 Market Purchase-2017with Veyo Heat Recovery 2017 &2025-Resources (MWh) By Year 2014 180,000160,000140,0 00120,000100,0000 to Budget Forecast2014 Purchase Power & Comparison 2014 Purchase Power & Comparison 51.9%70,079Totals0.0%0Solar32.4%43,753Wind*17.3%23,326Landfill Gas*2.2%3,000Small Hydro*% SalesMWh REC’s(CPUC)RenewablesEligible 11 quarter 2015 st REC amounts will be finalized after 1* 2014 Estimated RPS*2017 thru 2020; 33% of retail sales•2014 thru 2016; 25% of retail sales•2011 thru 2013; 20% of retail sales•RPS compliance periods and targets:to Budget Forecast 12 Detailed budgeted vs. actual amounts for FY 14•Fiscal Impactto Budget Forecast2014 Purchase Power & Comparison Recommendation to Budget Forecast2014 Purchase Power & Comparison 13 Receive and comment on this report•