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HomeMy WebLinkAbout#14 2023 Power Source Disclosure Report AGENDA ITEM #14 Public Utility District m MEETING DATE: November 6, 2024 TO: Board of Directors FROM: Jared Carpenter, Electric Utility Director SUBJECT: Consideration of Adopting Resolution 2024-20 Approving the Submission and Attesting to the Veracity of the 2023 Power Source Disclosure Report and Power Content Label. APPROVED BY: Brian C. Wright, General Manager RECOMMENDATION: Adopt Resolution 2024-20 approving the submission and attesting to the veracity of the 2023 Power Source Disclosure Report and Power Content Label. BACKGROUND: California Senate Bill (SB) 1305, approved in 1997, directs all California retail suppliers of electricity to disclose to consumers the sources of energy used to provide the electric service in an accurate and easy to understand manner. The SB 1305 Report is better known as the Power Source Disclosure (PSD) Report. The District submits an annual PSD Report to the California Energy Commission (CEC) by June 1st of each year. The information contained in the PSD Report is subsequently used to prepare the annual Power Content Label (PCL) using a PCL template provided to all utilities each year by the CEC. The PCL is made available to our customers around September of each year, and is posted on the District's and the CEC's website. In 2017, the CEC regulation implementing SB 1305 was updated with important changes that directly affected all electric utilities. The changes included a provision that requires utilities to engage a third-party certified public accountant (CPA) to perform an audit to verify the specific purchases and self-consumption of energy by fuel type. The regulation includes an exemption from the audit requirement for publicly owned electric utilities (POUs), if the governing board of the POU approves the submission and veracity of the reports sent to the CEC. ANALYSIS AND BODY: District staff has compiled the data for the 2023 PSD based on the information provided and verified by our electric suppliers, including Utah Associated Municipal Power Systems (UAMPS), Western Area Power Administration (WAPA) and Western Electricity Coordinating Council (WECC). In addition, the District contracts with a third- party verifier to prepare a report for all electricity transactions, and submits this report Page 1 of 2 Page 46 of 153 annually to California Air Resources Board (CARB) in compliance with State regulations and CARB Greenhouse Gas Emissions reporting requirements. Staff have further reviewed this information and are confident in the accuracy of the information being reported. The proposed Resolution 2024-20 approves the 2023 PSD Report and PCL submission and provides an attestation on the veracity of the reports, as required by the CEC for exemption from the third-party CPA audit requirement. The 2023 PSD Report and PCL are included as Exhibits A and B respectively, in Resolution 2024-20. The 2023 PCL (Attachment 1, Exhibit B) lists the total eligible renewable percentage of 47.3%, and the total percentage of retail sales covered by retired unbundled renewable energy credits (RECs) as 12.8%. The District has a diverse portfolio of renewable resources, including hydroelectric, landfill gas, wind, and heat recovery generation. Most of these resources include the REC attributes transferred to the District in accordance with the energy generated, and are included in the total renewable energy percentage of 47.3%. However, several resources, including Stampede Hydroelectric, TCID Hydroelectric, and Veyo Heat Recovery Projects, come with a partial amount of RECs, or no RECs at all. Since these are RPS eligible and/or carbon free resources, the District purchases unbundled RECs to supply the REC attribute lacking from these resources, representing 12.8% of retail sales as shown in the PCL. Therefore, the District's RPS achievement for 2023 is the sum of these two numbers, or 60.1% RPS. The District's RPS achievement of 60.1% for 2023 is about 1% higher than the 2022 RPS value of 59.9%. The primary factors contributing to a higher value RPS value this year are the addition of Red Mesa solar, which came online in March 2023, and a 1% decrease in energy sales. GOALS AND OBJECTIVES: District Code 1 .05.020 Objectives: 1. Responsibly serve the public. 5. Manage the District in an environmentally sound manner. District Code 1 .05.030 Goals: 1. Manage for Financial Stability and Resiliency 2. Environmental Stewardship: Create a sustainable resilient environment for all our communities. FISCAL IMPACT: There is no fiscal impact associated with approving the submission and attesting to the veracity of the 2023 Power Source Disclosure Report and Power Content Label. ATTACHMENTS: 1. EXHIBIT A - 2023 PSD 2. EXHIBIT B - 2023 PCL 3. R2024-20 - Approving Power Source Disclosure 2023 Page 2 of 2 Page 47 of 153 EXHIBIT 2023 POWER SOURCE DISCLOSURE ANNUAL REPORT ,nstruclions:Enter SCHEDULE 7:PROCUREMENTS AND RETAIL SALES FOP tNe Year Entling DBGeml18P 31,2023 (RETAIL SUPPLIER NAME) (ELECTRICITY PORTFOLIO NAME] information - Iau sales lMwp Unspecifiedyng rald in white Ghould"filled Out Fil in gmy auto-populate as huseded and should not be filled out.For IA IDS far -r or specified systemass- - - _Perri of _ u�Pe=inea PoerlMWnl Al system ri Procuremanto of I inspecified it-must not be ordered as line Items below;Unspecified power will be calculate alltoMatiCally In Call Ni Unbundled REGS must not be entered on Schedule 1:these products must be trilcmd on Schedule Z At the be 9,t35 -Schedule. -the Flminmentmbe ed},sted NM SpeclTed Natural Ges NH SP¢tlM¢tl Coal 6 QNM Fas51l FueS - - end-uses hatam - sales - - Nel SPeuFlad Nuclear,Large Hydra,R ewades,antl ACS PowerASS streetor mul - GHG Emi¢sians tev.Uutles gral'AFdtN¢rM emisLlms) GHG Emissbns Ime+mry[in sAT COaM.M1VhI01611 OIMECTLT GELNEAEG RENEWaBLEB EHG PmMFIeM Slate or 40[usreX NetMWH FaclorS„IYrp GXG EmIRIvrm tN MT ilvy Name I�,gI��Frae1 TY�Ge Pravince WREGIE III RPS IC WA EIA ID ProcMredN Resold Procured ured COvelMWh) Cove[ N�A EIA IC vI El41G vl GHG Emisslens Eligide for WA State yr REC Gubsti[uty Grosa MWh Nv[MWM1 Atljualvtl Ne[MWh Factor[In NfT GHG Emssions GranMathvrvtl Facllily Name Fuel Type Pravince WREGI510 RP51❑ Source Power Procured MWN Reseltl Precuretl Preeured CgelMWhl tin MT CO.e7 Emissions? � SPECIFIED HOn�NENEwn13aE PROCUREMEInTS � GHG Emissldns 9fabn Gross MWM1 Net MIWh Atl)whd NetMWh Faclar{In M1R GHG Emisslvns Facility Name ITyPa CO�e(MWh) (in MT COae� - so "I li d Me -. I'loo 1C.M3 3,410 ��- P GX6 EaNaalvna Grace MWh Nv[MWN Ad[usava Not MIWN Facler(In MIT GNG Emisslvns clllly Namv el type. fIA IG Procure0 MWh Resold Procured ProcareO COrerMWM1) do MT Core) END USES OTHER THAN RETAIL SALES MWh Transmission Losses 3,028 9,655 Distribution Losses Page 48 of 2023 POWER SOURCE DISCLOSURE ANNUAL REPORT SCHEDULE 2: RETIRED UNBUNDLED RECS For the Year Ending December 31, 2023 (RETAIL SUPPLIER NAME) [ELECTRICITY PORTFOLIO NAME] ! ■ • err -r ■ ■ r ■ -• •r■ -•-r • ■ ■ • •- '■ ■ Total Retired Unbundled RECs i RETIRED UNBUNDLED RECS State or Facility Name Fuel Type Province RPS ID Total Retired(In MWh) EXHIBIT • • Z�Z3 Pa1NER SaURCE DISCLOSURE ANNUAL REPORT Instructions: No data input is SCHEDULE 3: PC]VIIER CONTENT LABEL ❑ATA For the Year Ending December 31 , ZOZ3 RETAIL SUPPLIER NAME} {ELECTRICITY P�RTF�LI� NAME} neededp. - • use these auto-populated calculations to fill out their Power Content Labels. Adjusted Net Percent of Total Procured {MWh] Retail Sales Renewable Procuremej7l� : . 1 47.3% Biomass & Biowaste19,903 12.0% Geothermal 1 1' , Eligible Hydroelectric7,148 4.3% Solar13,270 : 1' . Wind38,320 23.0% Coal 1 1' , Large Hydroelectric 1 Natural gas 1 :•: 12.5% Nuclear 1 1' , Qther • Unspecified Power 40,227 '. Total166,385 100.0% Total Retail Sales {MWh) . . ,385 GHG Emissions Intensity{converted to Ibs CDzelMWh} 3551 Percentage of Retail Sales Cave red by Retired Unbundled RECs 8� ' Page 50 of EXHIBIT B 2023 POWER CONTENT LABEL Truckee Donner PIUD www.TDPUD.or Greenhouse Gas Emissions Energy Resources TDPUD 2023 CA Intensity (lbs CO2e/MWh) Power Mix Power Mix TDPUD Power Mix 2023 CA Utility Average Eligible Renewable 47.3% 36.9% Biomass& Biowaste 12.0% 2A% 355 373 Geothermal 0.0% 4.8% 1000 Eligible Hydroelectric 4.3% 1.8% Solar 8.0% 17.0% 800 ■TDPUD Power Wind 23.0% 11.2% Mix Coal 0.0% 1.8% 600 Large Hydroelectric 10.5% 11.7% 400 Natural Gas 12.5% 36.6% ■2023 CA Utility Nuclear 0.0% 9.3% 200 Average Other 5.5% 0.1% 0 Unspecified Power 24.2% 3.7% TOTAL 100.0% 100.0% Percentage of Retail Sales Covered by 13% Retired Unbundled RECs3: The eligible renewable percentage above does not reflect RPS compliance, which is determined using a different methodology. Unspecified power is electricity that has been purchased through open market transactions and is not traceable to a specific generation source. 3Renewable energy credits (RECs)are tracking instruments issued for renewable generation. Unbundled renewable energy credits (RECs) represent renewable generation that was not delivered to serve retail sales. Unbundled RECs are not reflected in the power mix or GHG emissions intensities above. For specific information about this Truckee Donner PUD (530) 587-3896 electricity portfolio, contact: For general information about the httos://www.energy.ca.gov/programs-and- Power Content Label, visit: to p ics! ro ramsl ower-source-disclosure-pro ram Page 51 of 153 DistrictPublic Utility Resolution No. 2024-20 APPROVING SUBMISSION AND ATTESTING TO THE VERACITY OF THE 2023 POWER SOURCE DISCLOSURE REPORT AND POWER CONTENT LABEL WHEREAS, the Truckee Donner Public Utility District (District) is a public agency of the State of California, and owns and operates an Electric System for the provision of electric service at retail to the general public within its service area; and WHEREAS, Senate Bill 1305 (SB 1305), adopted in 1997, directs all California retail suppliers of electricity to disclose to consumers the sources of energy used to provide the electric service in an accurate and easy to understand manner; and WHEREAS, the California Energy Commission (CEC) regulation implementing SB 1305 requires publicly owned electric utilities, like the District, to have the Board attest to the veracity of the Power Source Disclosure (PSD) and Power Content Label (PCL) in lieu of an audit by a third-party certified public accountant; and WHEREAS, District staff accurately prepared the 2023 PSD Report and PCL for submission to the CEC and District customers based on information provided and verified by our electric suppliers including Utah Associated Municipal Power Systems, Western Area Power Administration, Western Electricity Coordinating Council, and a third-party verifier who prepares a report for all electricity transactions and submits this report annually to the California Air Resources Board for Greenhouse Gas Emissions reporting requirements; and WHEREAS, the District generally submits a PSD Report to the CEC by June 1st of each year, and the PCL is made available to our customers by October 1st of each year in accordance with CEC requirements and deadlines. NOW THEREFORE BE IT RESOLVED by the Board of Directors of the District as follows: The Board of Directors approves the submission of the 2023 Power Source Disclosure Report (Exhibit A) and Power Content Label (Exhibit B) to the California Energy Commission and hereby provides attestation of the veracity of the reports submitted by staff. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 6th day of November, 2024, by the following roll call vote: AYES: NOES: ABSTAIN: ABSENT: TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Jeff Bender, President of the Board Page 52 of 153 ATTEST: Brian Wright, General Manager Page 53 of 153