HomeMy WebLinkAbout12 Purchase power plan Agenda Item # 12
TRUCKEE DONNE
Public Utility District
WORKSHOP
To: Board of Directors
From: Stephen Hollabaugh
Date: September 03, 2008
Subject: 2009 Budget: Purchase Power Plan
1. WHY THIS MATTER IS BEFORE THE BOARD
This item begins the process for preparation of the 2009 budget.
2. HISTORY
From April 1, 2003 to December 31, 2007, the District had a power supply contract
with Constellation Power Source that was almost a full requirements contract. In
2008, the District started a diverse purchase power portfolio that now includes many
different resources and had the goals of meeting the Renewable Portfolio Standard
with conservation as a first resource. Additional goals were to provide an adequate,
reliable and high quality electric supply to meet the current and future needs of the
District.
According to Title 3, Section 3.02.010 of the District Code, the General Manager shall
submit to the Board of Directors a draft budget. The Purchase Power Plan is part of
the 2009 draft budget.
3. NEW INFORMATION
The 2009 Purchase Power Plan continues with the goals of the 2008 Plan. The
District will continue a more diversified purchase power portfolio that includes many
different resources and has the goals of meeting the Renewable Portfolio Standard.
The 2009 Plan projects a 1% growth with conservation and energy efficiency
measures accounting for 1% to 3% of the load. Greater conservation will reduce future
market purchases.
The 2009 Plan assumes costs for natural gas, electric market purchases and
renewable market purchases along with average hydro conditions.
4. FISCAL IMPACT
There is no direct fiscal impact at this time. The final Purchase Power Plan will
become part of the draft budget for 2009.
5. RECOMMENDATION
Recieve this report and provide comments to staff.
Stephen Hollabaugh V i ael D. Holley
Assistant General Manager General Manager