HomeMy WebLinkAbout11 FY16&FY17 Purchase Power Plan
Budget Item # 11 September 16, 2015 FY16 & FY17
FY16 & FY17 Purchase Power Plan 2 environmentally sound manner at the lowest practical cost.”District resources in a safe, open, responsible, services while meeting customer demand,
and to manage provide reliable and high quality water and electrical power “The Mission of Truckee Donner Public Utility District is to •Mission Statement of Truckee Donner PUDBackground
/ History
FY16 & FY17 Purchase Power Plan 3 a minimum of 33% of renewable resources by 2020 Truckee Donner Public Utility District resource mix will have •projected demand, TDPUD will strive to
include qualifying At such time that projected resources do not exceed •Renewable Portfolio Standard Background / History
Conservation is Considered First Resource FY16 & FY17 Purchase Power Plan 4 Greater conservation will reduce market purchases–Offsets growth that would otherwise require additional resources–3%
of total load-Conservation is expected to reduce 1•also remains flat in 2017Forecast assumes that load remains flat annually in 2016 and •
History and Future Forecasted Load (GWh)FY16 & FY17 Purchase Power Plan 5 2017 Forecasted Load = 163,4212012 Actual Load = 156,497 •2016 Forecasted Load = 163,7782011 Actual Load
= 160,544•2015 Forecasted Load = 164,7292010 Actual Load = 158,494 •2014 Actual Load = 158,2452009 Actual Load = 157,695 •2008 Actual Load = 160,189 2013 Actual Load
= 158,149•
Future Portfolio (Risk vs. Benefit)FY16 & FY17 Purchase Power Plan 6 Price Volatility–Contract Duration–Resource Diversity–Cost/Rates–Renewable Resources–Conservation–balance:Future
portfolio (FY16 & FY17 and beyond) is intended to •
Existing Resources FY16 & FY17 Purchase Power Plan 7 compressor station is carbon freeVeyo heat recovery generation from Kern River natural gas –FY16 Veyo heat recovery generation comes
on line•No purchase of unbundled REC’s –FY16 & FY17 includes no new renewable resources:•Wind–Horse Butte Wind Project UAMPS –Wind–UAMPS Pleasant Valley –Landfill gas–Murray City –Sierra
REC)-Large hydro (assigned to Plumas–Western CVP –Small hydro–Stampede Dam –Existing (FY15) renewable resources are:•
New Information FY16 Resource Mix 43%Renewables12%Gas) Trans Jordan (Landfill 24%Horse Butte (Wind)7%Stampede2%Veyo (Heat Recovery)17%UAMPS Pool11%Payson24%PurchaseLong Term Market 3%Fallon
Exchange FY16 & FY17 Purchase Power Plan 8 FY16-Proposed Resource Portfolio •
New Information FY17 RESOURCE MIX 44%Renewables12%Gas) Trans Jordan (Landfill 25%Horse Butte (Wind)7%Stampede (Small Hydro)0.3%Pleasant Valley (Wind)7%Veyo (Heat Recovery)15%Market Purchase13%UAMPS
Pool11%Payson (Natural Gas)7%Market Purchase3%Fallon Exchange FY16 & FY17 Purchase Power Plan 9 FY17–Proposed Resource Portfolio •
New Information FY16 & FY17 Purchase Power Plan 10
Renewable Portfolio Standard (RPS)FY16 & FY17 Purchase Power Plan 11 generation).”-produced for onsite consumption (selfPOU, electricity used by a POU for water pumping, or electricity
measured in MWh. This does not include energy consumption by a use customers and their tenants, -“Sales of electricity by a POU to end Definition of Retail Sales•Eligible Renewables
MWh / Retail Sales MWh RPS is calculated by the following equation:•
CARB Cap and Trade persons other than such ratepayers.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 to be used in 2016$964,449 Total Auction
4)$261,079 ((Auction 3)$237,880$233,510 (Auction 2)$231,990 (Auction 1)(Auction 4 estimated, Nov 2015)Consigned by TDPUD, 2015from Sale of Allowances Revenue$12.52 (Auction 4) $12.52
(Auction 3)$12.29 (Auction 2)(Auction 1)$12.212015Price ($/Allowance)Settlement FY16 & FY17 Purchase Power Plan 12
Energy Supply Costs 77.15FY17 (forecast)74.05FY16 (forecast)76.46FY15 (budget)75.55(budget)FY1473.85FY13 (budget)$/MWhar e Y FY16 & FY17 Purchase Power Plan 13 transmission and scheduling
costs are:in budgeted energy supply cost including -The all•
Purchase Power Plan Expenditure Detail FY16 & FY17 Purchase Power Plan 14 Budget FY15 vs. FY16–
Purchase Power Plan Expenditure Detail FY16 & FY17 Purchase Power Plan 15 Budget FY16 vs. FY17–
Fiscal Impact Purchase Power Plan FY16 & FY17 16 Minimizes price volatility due to fuel costs and weather risk•in cost in the range of $77.15/MWh-Achieves a projected FY17 all•in cost
in the range of $74.05/MWh-Achieves a projected FY16 all•Resource Plan:•
Recommendation FY16 & FY17 Purchase Power Plan 17 Receive this report and provide input to staff•