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HomeMy WebLinkAboutRegulatory & Market Integrated Planning_Main Regulatory Impacts on District November 16, 2022-Workshop Operations, Finances, & Planning Background & History CostsoutcomesEnvironmental and availabilityReliability Service levelsregulatory and market environment that drives:electric and water utilities operate in a dynamic District’s The \[Presentation Header/Title\] Background & History (Cont.)Which ultimately result in District budgets and rates plansOperating plansCapital Strategic plansThe District considers this environment when developing:\[Presentation Header/Title\] Background & History (Cont.)Opportunity to create an Integrated Resource Plan (IRP)resource plans, capital plans, and budgetstogether the District’s Mission, Strategic Plan, Bringing of impacts to District operations and financesEvaluation Review of key existing or pending California regulationsand budgets:Mapping how regulatory and market forces influence District plans \[Presentation Header/Title\] New Information energy standard development (SB 100)Clean Fleets RuleCalifornia Air Resources Board (CARB) proposed Advanced Clean regulationsWater Loss Performance Standards & pending water quality California State Water Resources Control Board (SWRCB) adopted regulations:Review of key existing or pending California \[Presentation Header/Title\] Water CIP Projects Hirschdale Pipeline •Pioneer Pump Station & Pipeline•rehabilitationTank •7000 LF Pipeline Replacement•MetersMaster •1.5 million gallon Water Tank New •2023 Water Department CIP Projects:\[Presentation Header/Title\] Water Loss Performance Standards 19, 2022Rule was adopted on October •December 24, 2021Rule drafting started in •(January 1, 2017).” urban retail water suppliersperformance standards for Develop water loss “State Water Board required to •10608.34:California Water Code Section Water Quality due October 16, 2024of Service line materials Inventory )).” 141.84(a)(5§of normal operations (40 CFR as they are encountered in the course information on service line material must identify and track “Systems \[Presentation Header/Title\] Water conservation a way of individualsare not intended as enforceable standards for are aggregated across the population in a service area and Targets •2030 gallons per person per day in 50 •2025January beginning day a standard of 55 gallons per person per The regulation establishes •area calculate the overall efficiency standard for a service indoor water use standard is one of several metrics used to The •life (SB 606) Fiscal Impact and strategic planningeffective rate structures, CIP development, these challenges requires Successful navigation of •impact have a fiscal discussed will All of these items •\[Presentation Header/Title\] CARB ACWA, to CARB Board and staffDistrict has shared major concerns, directly and through CMUA, NCPA, and •Significant opposition and support•Regulatory process near end (adoption expected Spring, 2023)•First CARB Public Hearing on October 27, 2022 •time)-Compliance based on orders only (does not consider costs or lead•50% of procurements starting in 2024, 100% in 2027•Creating a market for Zero Emission Vehicles (ZEVs)•2+Year regulatory effort•:Public Fleets RuleClean Fleets (ACF) Advanced CARB)Air Resources Control Board (California \[Presentation Header/Title\]Advanced Clean Fleets– \[Presentation Header/Title\]Advanced Clean Fleets–CARB Local Fire, EMS, and Public Works rely on utilities during emergencies•Support local emergency response•field refueling, rotate crews)-Stay in field till the job is done (many days, in•Fleets must be able to respond to most extreme conditions•24/7/365•Respond to outages and operational needs•services)Failure is not an option (i.e. public safety, Lake Tahoe/Truckee environment, essential •Need the grid to electrify•California Human Right to Water•water, and electric services-Provide essential water, waste•:Tahoe Public Agencies-The Role of Truckee \[Presentation Header/Title\]Advanced Clean Fleets–CARB Extensive PTO (i.e. must perform work in field)•road-Off•Specialized fleets•Sierra environment in which we operate-highUnique •8/17/22:-Truckee \[Presentation Header/Title\]Low population county exemption needs to be changed from ‘solely’•factored inThe final regulation must consider grid reliability and availability with 1+ week outages •must be acknowledged in the Draft Ruleone replacement truck -to-The ability to do work in the field and the need for a one•attachmentspurpose vehicles with removable -The exemption for snow removal equipment needs to be modified to address multi•technical, economic, and production feasibilityCommercial availability needs to be defined, independently evaluated, and consider •considered in next Draft Rulewater, and electric utilities must be -The specific role and needs of public water, waste••8/17/22:-Truckee \[Presentation Header/Title\]Advanced Clean Fleets–CARB One replacement-to-Not a One•for vehicles (1000’s of LBS)•for just one tank of workBattery $’s and performance problematic •Not just large line trucks and vactors•comment letterCARB Key component of •):conversion to Electric Vehicle (EVInternal Combustion Engine (ICE) \[Presentation Header/Title\] \[Presentation Header/Title\]Advanced Clean Fleets–CARB Possible legislative fix but only after exhausting regulatory avenues•More meetings with CARB Board and staff•Next steps•exemption changed to Low population county •or more robust commercial availability definition/processexemptions Opportunity for •Impacts to role of electric and water utilities gaining traction•There will be at least one more version of the Draft Rule•CARB Public Hearing outcomes th October 27•Road, etc.)-Demonstrate the unique needs of fleets (PTO, AWD, Off•(work in field)Demonstrate that our fleets do more than transport people, goods, and services •essential services and support emergency responseprovide water and electric utilities how public on Educate •topartners October 20th wide -staff plus local and StateDistrict tour of CARB •CARB ACF District Tour, Public Hearing Results, and Next Steps: Green House Gas Impacts The role of Integrated Resource Planning (IRP)Rate structures based on cost of service•Local customer generation (i.e. rooftop solar)•rate structure development opportunitiesElectric characteristics of our customer baseDemand electrificationFocus on Greenhouse Gas (GHG) emissions and (GHG) footprint:Forecasting electric resource needs to minimize our Greenhouse Gas \[Presentation Header/Title\]A Shifting Focus– Green House Gas translated into quantifiable metrics.Planning must start with clear, well defined, objectives success.Data driven and transparent approaches are critical to resource in planning efforts.Side” interventions as a possible -Spotlights “DemandImpacts both Operations and Planningand rightfully so!–expectation for utility providers Both the Regulatory and Public spheres have high \[Presentation Header/Title\]A Shifting Focus –Impacts Surveying the Landscape study with results expected Fall 2023to execute an energy efficiency saturation Staff planning to work with a consultant marketing.attitudes to better inform program effective manner.behaviors needing acceleration in a cost electrification so rebate funds can barriers.address customer concerns, needs, and Inform customer program design to Summer 2023inventory with results expected by District set to launch an internal GHG the Districtto identify and prioritize projects for with an internal GHG audit Coupled control.directly control from those for which emissions that the District can clear distinctions between Develop update to 2012 inventory.Provide relevant (and necessary) \[Presentation Header/Title\] Surveying the Landscape \[Presentation Header/Title\]Customer Demand (Annual)– Surveying the Landscape \[Presentation Header/Title\]Customer Demand (Weekly)– Surveying the Landscape \[Presentation Header/Title\]Customer Demand (Weekly)– Surveying the Landscape \[Presentation Header/Title\]Customer Demand (Hourly)– Applying This Data and when to invest in supply side acquisition/expansionSide programing -Allow us to determine when it is better to invest in DemandDesign customer programs to achieve specific goalsPrioritize potential investmentsif scenarios), impacts of weather, electrification, etc.Build models to forecast the impacts of potential interventions/projects (what the trends in customer demandand quantifyAllows us to qualify \[Presentation Header/Title\] Example energy market(s) 30+ years ago.Code was designed in 1996 to address the NEM as established in the Public Utilities .5% of aggregate customer peak demandgenerators exceeds -capacity of customereligible customer generators until rated A NEM rate must be made available to .customer’s own electrical requirementspart or all of the offset Intended to 2008. Energy Metering (NEM) rate in The District established its current Net \[Presentation Header/Title\]Distributed Energy Resources- \[Presentation Header/Title\]-Example which addresses todays objectives.opportunity to design a successor rate capacity trigger which allows us an On track to exceed the 5% peak install solarthat don’t choose, or can’t afford, to embedded in electric rates) to those maintenance and operation (which is cost burden of distribution system currently implemented, shifts the As MWhwhich is about $140/generated solar at our full retail rate Current rate values customer  \[Presentation Header/Title\]-Example )www.cpuc.ca.gov/nemrevisithttps://(. NEM tariff for the IOUsmodernizedthe state in a recent press release which proposes a Note that the CPUC has answered this question for -hours of backup power a year?investment of ratepayer funds to provide a couple What about resiliency? Is it a cost effective -Mesamore than solar PV from Red MWhCosts about $105/-? communityand our to the District generated/sourced electricity What is the value of customer Q: \[Presentation Header/Title\]ReliabilityNet MeteringReductionGHG CapacityReductionGHG ConservationStorageEnergy Resiliency IRP ResourcesEnergy Distributed UpgradesSystem RegulationsManagementDemandGe nerationRates Planning approaches for the DistrictStaff to roadmap Integrated Resource Integrated Resource Plan (IRP)an –side resources -side and supply-comparison (and prioritization) of demandNeed a framework that will enable direct become more valuable to the District!customer side of the meter) “resources” side (e.g. -day operations demand-to-dayconsiderations become more prominent in As electrification progresses and GHG Side Opportunities-Side and Demand-Integrate Supply Energy Resources Impacts to District finances and budgetsNeed for new customer educations, services, and programsMaintaining electric and water system reliability and availability Electric resource opportunities and challengesEvaluation of impacts to District operations and finance:\[Presentation Header/Title\]Supply Side Discussion– Background & History 100.0%170,033 Total Energy ProductionBase Load19.3%32,771 Unspecified Market PurchasesBase Load19.5%33,114 Year Market Purchase-5Base Load9.5%16,203 Nebo Natural GasBase Load3.6%6,108 Waste Heat RecoveryVeyoIntermittent2.2%3,741 TCID Hydroelectric DamsIntermittent3.3%5,597 (WAPA)PowerplantStampede Base Load15.3%26,029 Transjordan Landfill GasIntermittent0.2% 405 Pleasant Valley WindIntermittent27.1%46,067 Horse Butte WindType% TotalMWhSource)MWh\[Presentation Header/Title\] Background & History WindLandfill GasSmall HydroHeat RecoveryUnspecified PoolNatural Gas 52%Free Resources-CarbonRenewable and 27%Wind15%Landfill Gas6%Small Hydro4%Heat Recovery 39%Unspecified Pool9%Natural Gas)MWh\[Presentation Header/Title\] Background & History 100.0%170,394 Total Energy ProductionBase Load25.4%43,283 Unspecified Market PurchasesBase Load7.5%12,825 Year Market Purchase-5Base Load9.7%16,453 Nebo Natural GasBase Load6.0%10,201 Waste Heat RecoveryVeyoIntermittent4.2%7,212 TCID Hydroelectric DamsIntermittent3.7%6,325 (WAPA)PowerplantStampede Base Load14.9%25,424 Transjordan Landfill GasIntermittent0.3 %456 Pleasant Valley WindIntermittent28.3%48,215 Horse Butte WindType% TotalMWhSource ESTIMATED) MWh\[Presentation Header/Title\] Background & History 57%Free Resources-CarbonRenewable and 28%Wind15%Landfill Gas8%Small Hydro6%Heat Recovery 33%Unspecified Pool9%Natural Gas ESTIMATED) MWh\[Presentation Header/Title\] Background & History 100.0%170,394 Total Energy ProductionBase Load%16.428,283 Unspecified Market PurchasesBase Load7.5%12,825 Year Market Purchase-5Base Load9.7%16,453 Nebo Natural GasBase Load6.0%10,201 Waste Heat RecoveryVeyoIntermittent4.2%7,212 TCID Hydroelectric DamsIntermittent8.8%15,000 Red Mesa SolarIntermittent3.7%6,325 (WAPA)PowerplantStampede Base Load14.9%25,424 Transjordan Landfill GasIntermittent0.3%456 Pleasant Valley WindIntermittent28.3%48,215 Horse Butte WindType% TotalMWhSource PROJECTED) MWh\[Presentation Header/Title\] Background & History 66%Free-CarbonRenewables and 28%Wind15%Landfill Gas9%Solar8%Small Hydro6%Heat Recovery 24%Unspecified Pool10%Natural Gas PROJECTED) MWh\[Presentation Header/Title\] Background & History)•Conservation programs (Neg./Decrease)•initiatives at local, regional levels (Pos./Increase)–Electrification•–Ongoing effects of COVID •Use Trends and ObservationsEnergy years1 -0.2% •3 years-% 2.0•5 years-1.0% •15 years-0.7% •Energy Growth Averages \[Presentation Header/Title\] Background & History term-Expect for long•effect is increased market energy pricesNet •U.S.EIA10) -$6 for winter months (highest since 2009Forecast •MMBtuNG prices are now ranging from $6.00 to $10.00 pricesIncreased demand for NG results in upward pressure on NG •Nationwide reduction of other fossil fuel base load sources•MMBtuNG prices low for many years, ranging from $2.00 to $4.00 •sets the Market Price for Electric Energy Natural Gas (NG) \[Presentation Header/Title\] Background & History MWh$ /-Market Energy Averages Nov-22Sep-22202220212020$180.00$160.00$140.00$120.00$100.00$80.00$60.00$40.00$20.00$0.00$84.50$154.00$77.10$64.60$40.10 Can control need to purchase by adding resources to portfolio•Cannot control price•Single most important factor to being over budget in Power Supply•ObservationsEnergy Market \[Presentation Header/Title\] Background & History factorsmultiple incorporate Resource planning must •Plan for additional resources with growth•free (CA requires)-Continue to convert electric resource portfolio to 100% carbon•electrification is likelyFuture with higher load growth driven by community growth and •Resource Planning ConsiderationsElectric \[Presentation Header/Title\] Background & History free resources needed to achieve 100% carbon free-daytime carbon-Non•free during daytime-Red Mesa Solar, approaching 100% carbonWith •AvailabilityDaytime vs. Nighttime resources that can be scheduled are requiredload -‘clean’ baseAdditional •intermittentDistrict’s wind, solar, and hydroelectric resources are •Resourcesvs. Base Load Intermittent SB 1020 (Sep. 2022) sets intermediate goals 90% by 2035, 95% by 2040•)free by 2045 (60% RPS + 40% carbon free-% carbonSB 100 mandates 100•Free vs. RPS vs. Fossil Fuel ResourcesCarbon \[Presentation Header/Title\] Background & History In Contract, Renegotiate, and Possibilities•energy resources?Existing and Future and riskall of the above while balancing timing, diversification, Consider •RiskPortfolio Timing, Diversification, and electrificationElectric rates have impact on economic development and •communityConsider the impacts of rising electric rates on •EquityAffordability and \[Presentation Header/Title\] Background & History 15% energy needs–Landfill Gas, City of Murray, Utah (2023) •4% energy needs-4MW, 2–TCID Hydroelectric (annually) •4% energy needs-4MW, 2–Stampede Hydroelectric (2025) •RenegotiateNeed to -Resources needs3% energy –(2025) Hydro WAPA Base Resource (CVP) •6MW, 10% energy needs–Red Mesa Solar Project (Q1 2023) •In Contract-Resources \[Presentation Header/Title\] Background & History All others intermittent resources•, 24/365)Dispatchable(Baseload–Bold and Underlined 4% energy needs-1MW, 2-(2025) BiomassTruckee •5% energy needs-4MW, 3–TCID New Lahontan Hydro (2025) •?share Total 60 MW, District –2 (2025)PhaseHorse Butte Phase -UAMPS •462MW–(2030) SMR –UAMPS •needs3MW, 15% energy -(2026) Geothermal-UAMPS •5% energy needs-3MW, 4-Solar Plus Battery (2025) -UAMPS •3MW, 15% energy needs-(Q2 2024) Geothermal -OME •PossibilitiesFuture -Resources \[Presentation Header/Title\] Background & History)MWh$600 to NG equates (10X cost of Gas? Hydrogen •Nuclear•Free-CarbonLoad Base $80-$65) Medium/High–Pricing High, -Availability Geothermal (•MWh$120 ) Highest-Low, Pricing -Availability Biomass (•MWhHigh) $80 -Low, Pricing -Gas (Availability Landfill •RenewableBase Load (vary MW output), 24/7/365Dispatchable-Base Load •ResourcesIntermittent Renewable Resources vs Base Load \[Presentation Header/Title\] Background & History Opportunity to create the District' first IRP•communityProvides transparency to customers and •regulatory requirements at the least costEnsures sufficient resources to meet forecasted customer needs and •term planning -driven long-Provides analysis•?Why Is an IRP Important How do we plan to meet future electricity needs?-Answers the question •plan out resource acquisitions over 5, 10, or 20 yearsto Roadmap •Is An Integrated Resource Plan (IRP)? What Integrated Resource Plan (IRP)-for Resource Planning Tool \[Presentation Header/Title\] TDPUD Mission manner at the lowest practical cost. a safe, open, responsible, and environmentally sound customer services while managing District resources in District is to provide reliable, high quality utility and Mission of the Truckee Donner Public Utility The \[Presentation Header/Title\] TDPUD | For year end 2021 Water UtilityElectric Utility$10m Operating Expense$15m Operating Revenue$71m Utility Plant, Net$129m Utility Plant, Gross 13,476 customers$27m Operating Expense$30m Operating Revenue$61m Utility Plant, Net$91m Utility Plant, Gross 14,552 customers\[Presentation Header/Title\] U.S. Inflation With Floor 2.0% Ceiling 5.0%%6.0W -SFOH.CPI-IBEW MOU Benchmark U 7.7%-CPI-USA October 2022 Inflation MetricseBILLor USE STATS intel Qtr? Shift a month and by Season and or by month kWh billed….avg5yrs or 5yr \[Presentation Header/Title\] Electricity 14.1%–Oct’21 to Oct’22 -FRED CPI USA Consumers, Electricity •\[Presentation Header/Title\]US Market– Electricity \[Presentation Header/Title\]US Market– TDPUD\[Presentation Header/Title\] TDPUD Other ImpactsPandemic ImpactsWeather Impacts\[Presentation Header/Title\] TDPUD Other ImpactsPandemic ImpactsWeather Impacts\[Presentation Header/Title\] TDPUD 1.4%. down cust/mthkWh billed average/•0.0%Billed kWh down •1.4%# billed customers up •Total•up 2.4%. cust/mthkWh billed average/•up 3.0%Billed kWh •%0.5# billed customers up •Commercial•. down 3.9%cust/mthkWh billed average/•Billed kWh down 2.5%•# billed customers up 1.5%•Residential•YTD OCTOBER 2022 compared to YTD OCTOBER 2021\[Presentation Header/Title\] Electricity Texas winter storm power crisis Feb’21September Heat WaveRed Mesa delayNatural Gas Market (Ukraine War/Other)Excludes NV Energy Transmission and other costs\[Presentation Header/Title\]UAMPS-TDPUD Wholesale – Electricity Excludes NV Energy Transmission and other costs\[Presentation Header/Title\]UAMPS-TDPUD Wholesale – Electricity Excludes NV Energy Transmission and other costs\[Presentation Header/Title\]UAMPS-TDPUD Wholesale – TDPUD billing revenues2023 customer to 5.5% of Budget $1,750,000 equates 2023Budget 13,982 \[Presentation Header/Title\] New Information\[Presentation Header/Title\] New Information\[Presentation Header/Title\] TDPUD | Budget 5% $575,0001% $115,000B23 FactorsOpExp 3.0% Inflation & 3.0% Wages IncreaseB23 Assumptions:OpExpTDPUD 5% $1.4 million1% $270,000B23 FactorsOpExp Water UtilityElectric Utility B2023 +4.0%$11.6m-FY23 $11.1m-FY22 B2023 +2.5%$27.8m-FY23 $27.1m-FY22 \[Presentation Header/Title\]– TDPUD | Budget 4%-INFLATION IN CIP PLAN WAS 3 Water UtilityElectric Utility$88mCIP 10 Year $15.3m-FY23 $9.4m-FY22 72m$10 Year CIP $6.6m-FY23 $16.4m-FY22 \[Presentation Header/Title\]Capital Expenditures– TDPUD | Budget GROWTH AND RATES Water UtilityElectric Utility 8% increase–B2023 17.8m$-FY23 16.4m$-FY22 7% increase–B2023 $33.9m-FY23 $31.6m-FY22 \[Presentation Header/Title\]– TDPUD | Average Rate Increases 5% $870,0001% $175,000Rates Component to B23:-OpRev5% $1.6 million1% $315,000Rates Component to B23:-OpRev Water UtilityElectric Utility 4.77%CAGR10 Year -@ 2022 %+ 7.9FY23 + 8.9%FY22 2.2%CAGR10 Year -@ 2022 + 6.5%FY23 + 8.5%FY22 \[Presentation Header/Title\]approved Dec’2021 (& in Budget)– THANK YOU\[Presentation Header/Title\] New Information (Cont.)Integrated Resource Planning (IRP)Capital plans and budgetsElectric and water resource plansMission and Strategic Planbudgets:plans, capital plans, and Bringing together the District’s Mission, Strategic Plan, resource \[Presentation Header/Title\] Fiscal Impact There is no direct fiscal impact associated with this workshop item\[Presentation Header/Title\] Recommendation Receive informational items and provide input and direction to staff\[Presentation Header/Title\] General Discussion\[Presentation Header/Title\] Electricity \[Presentation Header/Title\]US Market– Electricity \[Presentation Header/Title\]US Market– Electricity \[Presentation Header/Title\]US Market–