HomeMy WebLinkAbout11,FY14&FY15 Purchase Power PlanBudget Item # ii
FY14 & FY15
Purchase Power Plan
September 18, 2013
Background / History
Mission Statement of Truckee Donner PUD
• "The Mission of Truckee Donner Public Utility District is to
provide reliable and high quality water and electrical power
services while meeting customer demand, and to manage
District resources in a safe open, responsible,
environmentally sound manner at the lowest practical cost. "
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Background / History
Renewable Portfolio Standard
• At such time that projected resources do not exceed
projected demand, TDPUD will strive to include qualifying
resources to meet projected demand
• Truckee Donner Public Utility District resource mix will have
a minimum of 33% of renewable resources by 2020
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Conservation is Considered First Resource
• Forecast assumes that load increases by only 1 %annually in
2014 and remains flat in 2015
• Conservation is expected to reduce 1-3% of total load
— Offsets growth that would otherwise require additional resources
— Greater conservation will reduce market purchases
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History and Future Forecasted Load (GWh)
• 2008 Actual
Load
= 1601189
2013
Forecasted Load =
1631082
• 2009 Actual
Load
= 1571695
2014
Forecasted Load =
1641173
• 2010 Actual
Load
= 1581494
2015
Forecasted Load =
1641729
• 2011 Actual
Load =
1601544
• 2012 Actual
Load
= 1561497
170,000
165,000
160,000
G 155,000
W 150,000
Forecast Load GWh
h 145,000
140,000
Actual Load GWh
135, 000
130, 000
125,000
120,000
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Future Portofilio (Risk vs. Benefit)
• Future portfolio (FY14& FY15 and beyond) is intended to
balance:
— Conservation
— Renewable Resources
— Cost/Rates
— Resource Diversity
— Contract Duration
— Price Volatility
a
Existing Resources
• Existing (FY13) renewable resources are:
— Stampede Dam —Small hydro
— Western CVP —Large hydro (sold into NCPA Pool)
— Murray City —Landfill gas
— UAMPS Pleasant Valley —Wind
— Horse Butte Wind Project UAMPS —Wind
• FY14 & FY15 includes no new renewable resources:
— No purchase of unbundled REC's
• FY16 Possible new renewable resources are:
— Waste Heat generation from Kern River natural gas compressor
station (Veyo station, carbon free)
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New Information
• Proposed Resource Portfolio - FY14
DAMPS Pool
Payson - Nat Gas 3.3%
New Information
Proposed Resource Portfolio — FY15
DAMPS Pool
Payson - Nat Gas 3.3%
Renewable Portfolio Standard (RPS)
• RPS is calculated by the following equation:
Eligible Renewables MWh / Retail Sales MWh
• Definition of Retail Sales
"Sales of electricity by a POU toend-use customers and their tenants,
measured in MWh. This does not include energy consumption by a
POU, electricity used by a POU for water pumping, or electricity
produced for onsite consumption (self -generation)."
• Will discuss in next presentation tonight
CARB Cap and Trade
Revenue from Sale of Allowances
Consigned by TDPUD,
1.L
$242,160 (Auction 1)
$204,300 (Auction 2)
$210,000 (Auction 3)
$206,102 (Auction 4)
$862,562 Total
to be used in 2014
Energy Supply Costs
• The all -in budgeted energy supply cost excluding
transmission and scheduling costs are:
FY12 (budget) 66.4
FY12 (actual) 65.1
FY13 (projection) 66.6
FY14 (forecast) 67.7
FY15 (forecast) 68.4
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Purchase Power Plan Expenditure Detail -
Budget FY1 3 vs. FY1 4
2013 to 2014
$ BUDGET
Budget
Budget
Purchased Power and Resource Costs
2013
2014
CHANGE
Total Energy Supply - Various
$10,918,075
$11,191,445
$273,37
$66.95
$67.95
Transmission - NVEnergy
$ 1,081,033
$1,204,628
$123,59
Scheduling - NCPA
$73,226
$75,423
$2,197
APA cost/(credit) toward MWh's
($28,012)
($28,012)
$
Total Bulk Power Costs
$ 12,044,322
$ 12,443,484
$ 399,162
3.2%
1,631
Total Annual MWh 163,082 164,713
1.00%
$1.6
Total Delivered Cost $/MWH $73.85 $75.55
2.24%
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°"TF�UCKEE DOWNER
i;Pubiic Utility District
Purchase Power Plan Expenditure Detail -
Budget FY1 4 vs. FY1 5
2014 to 2015
$ BUDGET
Budget
Budget
Purchased Power and Resource Costs
2014
2015
CHANGE
Total Energy Supply - Various
$11,191,445
$11,331,030
$139,58
$67.95
$68.7
Transmission - NVEnergy
$1,204,628
$1,216,674
$12,04
Scheduling - NCPA
$75,423
$75,42
$
APA cost/(credit) toward MWh's
($28,012)
($28,012)
$
Total Bulk Power Costs
$ 127443,484
$ 12,595,115
$ 151,630
1.2%
1
Total Annual MWh 164,713 164,729
0.01 %
$0.91
Total Delivered Cost $/MWH $75.55 $76.46
1.19
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°"TF�UCKEE DOWNER
i;Pubiic Utility District
Fiscal Impact
• Resource Plan:
• Achieves a projected FY14 all -in cost in the range of $75.55/MWh
• Achieves a projected FY15 all -in cost in the range of $76.46/MWh
• Minimizes price volatility due to fuel costs and weather risk
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Recommendation
Receive this report and provide input to staff
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