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HomeMy WebLinkAbout16 AB 2514 Energy StorageAction Item #16 Future Role of Energy Storage AB 2514 within District February 20, 2013 Background / History • On September 29, 2010, the Governor signed Assembly Bill (AB) 2514 — Aimed at encouraging electric utilities to access the appropriate levels of energy storage that may be cost-effectively implemented — AB 2514 requires POU's to determine if it is viable and cost-effective to procure energy storage systems for their utility 2 Background / History (cont) • The legislation defines energy storage systems as technology capable of: — Absorbing energy — Storing it for a period of time — Thereafter dispatching the energy • In order to be viable, the energy storage system must be: — Cost effective — Either reduce emissions of greenhouse gases or — Reduce demand for peak electrical generation and — Defer or substitute for an investment in generation, transmission, or distribution assets — Or improve the reliable operation of the electrical transmission or distribution grid 3 New Information • "Electricity Energy Storage Technology Options —A white paper written by the Electrical Power Research Institute (EPRI) — EPRI drew on information from technology assessments, market analysis, application assessments and input from storage system vendors and system integrators — Provides an overview of application and technology options including updated cost and performance estimates 0 New Information • Outlined a framework for estimating the value of energy storage systems in the following applications: — Photovoltaic integration — Wind power integration — System applications — Utility transmission and distribution (T&D) asset management — Commercial and industrial (C&I) applications — Distributed energy storage near end -user loads — Residential applications 5 M M-e $0.40 M Renewaible Integrationi/T mne Shifting UUUUCUUU� IIIIIIII��II Ills I QIIII l I Ip�II�II miii a VVIIU� U��I�IIIIV�uIU�� V Combined Cyclle Gas Turbine Iona T4taI Cost New Information • The paper finds that many of the energy storage options discussed have not been validated and are not "grid -ready" • The District looked at our geographic location, load shape, type of customers and existing generation portfolio to do our review of energy storage systems 7 New Information Truckee Load January 2012 Monthly Load Factor = 74.1% 30,000 25,000 20,000 KW 15,000 10,000 5,000 8 0 New Information Truckee Load July 2012 Monthly Load Factor = 77.1% 25,000 20,000 KW 15,000 10,000 5,000 9 0 New Information • Energy storage systems are currently not acost-effective viable source for the District at this time — High monthly load factor — Winter peaking — Weekend and holiday peaking — Cost of investment in carbon -free generation Fiscal Impact • There is no fiscal impact resulting from this action item 11 Recommendation a) Find that energy storage systems are not currently viable and cost effective for the District and the District is not adopting procurement targets at this time b) Direct staff to reevaluate this issue not less than every three years as required by AB 2514 12