Austin EnergyAustin EnergyFinancial Updatep3rd Quarter ended June 30, 20101 2010 Q3 Financial Results($ millions)Amended Budget2009-10CYE2009-10AllotmentQ3 FY 10Actual Q3FY 10DifferenceActual to AllotmentBeginning Balance$174.8 $237.3$174.8$237.3$62.5 Revenue$1,242.3 $1,194.7$856.8$783.5 ($73.3) Transfers In2.0 2.02.0 2.00.0Total Available Funds$1,244.3 $1,196.7$858.8 $785.5 ($73.3) Operating Operating Requirements928.8 888.5674.9621.6 53.3Debt Service178.6 171.2111.6 106.5 5.1Tf Ot2050205016481649(01)Transfers Out205.0205.0164.8164.9(0.1)Total Requirements$1,312.4 $1,264.7$951.3$893.0 $58.3Excess(Deficiency)(681)(680)(925)(1075)(150)Excess(Deficiency)(68.1)(68.0)(92.5)(107.5)(15.0)Ending Balance$106.7 $169.4$82.3 $129.8$47.52 2010 Q3 Revenue Highlights8,427 8,234 8,324 8,320 8,000 10,000 $1,000$1,250$8068$856.8Total Revenue (in millions) & Billed GWh Sales$8082$413.0$403.1$405.4$404.6$260.9 $305.3 $291.5 $348.7 $134.3 $98.4 $86.6 $103.5 2,000 4,000 6,000 $250$500$750GWh$806.8$783.5$808.2SiABNflR$$$$-$0FY 2008 YTD Q3 2009 YTD Q32010 YTD Q32010 YTD Q3 EstimateBase Revenue ( in Millions)Fuel RevenueOther RevenueBilled GWh SalesService Area Base or Non-fuel Revenue•49% of total revenue or $603.6 million annual budget•$405.4 million Q3 exceeds budget allotment by $0.8 million and $2.3 million over same period prior yearFuel Revenue $57.2 million below budget allotment•39% of total revenue or $480.3 million annual budget•$291.5 million Q3 below budget allotment by $57.2 million and $13.3 million lower than same period prior yearBilled sales at 8,324.0 gigawatt hours (GWh)•89.7 GWh higher than FY 2009 Q3 actual of 8,234.33 2010 Revenue Q3 and CYECategoryQ3 Current Q3 PriorQ3 Current vs. PriorAmended Budget Year End EstimateEstimate vs. BudgetServiceAreaBaseService Area Base Revenue405,420,061$ 403,097,084$ 2,322,977$ 603,577,198$ 613,345,143$ 9,767,945$ Fuel & Green Choice Revenue291,518,838305,310,177(13,791,339)480,298,920440,522,623(39,776,297)Transmission Service Revenue43,636,58742,629,8981,006,68957,620,70957,620,7090Other Revenue36,953,88444,799,117(7,845,233)90,282,61776,270,887(14,011,730)Interest Income5,938,44210,965,743(5,027,301)10,479,9996,944,097(3,535,902)783467812$806802019$(23334207)$1242259443$1194703459$(47555984)$Total Revenue783,467,812$ 806,802,019$ (23,334,207)$ 1,242,259,443$ 1,194,703,459$ (47,555,984)$ Transfers In2,000,00043,215,000(41,215,000)2,000,0002,000,00004Total Available Funds785,467,812$ 850,017,019$ (64,549,207)$ 1,244,259,443$ 1,196,703,459$ (47,555,984)$ 2010 Q3 Requirements HighlightsTotal Operating Requirements in (millions)$3088$2955$347.3$750$1,000$1,250$906.0$893.0$951.2$821.4$276.1$302.3$326.1$327.8$285.5$308.8$295.5$347.3$259.8$294.9$271.4$276.1$0$250$500$750Total Requirements $59.8 million under budget allotment$0FY 2008 Q3FY 2009 Q3FY 2010 Q3 ActualFY 2010 Q3 EstimatedNon-Fuel RequirementsTransfers OutFuel○Fuel costs $51.8 million lower due to commodity pricing○Non-fuel costs $3.0 million lower than budget allotmentConservation rebates above allotment due to high demandConservation rebates above allotment due to high demandQ2 unplanned nuclear outage increased operating costsBudget savings in other operating areas○Debt Service $5.1 million lower than budget allotment•Issued less commercial paper than planned5 2010 Requirements Q3 and CYECategoryQ3 Current Q3 PriorQ3 Current vs. PriorAmended Budget Year End EstimateEstimate vs. BudgetFuel Expense295,471,086$ 308,763,797$ 13,292,711$ 501,298,920$ 462,222,623$ 39,076,297$ Non-Fuel O&M166,946,360166,805,404(140,956)231,694,730228,426,6353,268,095Transmission Service 46,104,10842,999,214(3,104,894)63,938,86663,938,8660Conservation6,145,1286,236,48691,3589,901,9409,161,188740,752ConservationRebatesConservation Rebates & Incentives12,744,72510,560,193(2,184,532)15,796,47417,398,188(1,601,714)Nuclear & Coal Plants O&M74,414,61660,842,911(13,571,705)81,060,47181,031,99128,480Other Operating Requirements20,031,80814,886,309(5,145,499)25,405,62226,605,889(1,200,267)TotalOperatingTotal Operating Requirements621,857,831611,094,314(10,763,517)929,097,023888,785,38040,311,643Debt Service 106,482,196115,098,8188,616,622178,586,493171,172,1717,414,322Transfer to Electric CIP44,952,638103,287,79358,335,15559,710,00059,710,0000General Fund Transfer75,750,00071,250,000(4,500,000)101,000,000101,000,0000Other Transfers44,000,0005,302,849(38,697,151)44,000,00044,000,0000Total Department Expenditures893,042,665$ 906,033,774$ 12,991,109$ 1,312,393,516$ 1,264,667,551$ 47,725,965$ 6 Questions?7 Austin EnergyAustin EnergyFinancial UpdatepYear Ended September 30, 20101stQuarter Fiscal Year 20111Quarter Fiscal Year 20111 Austin Energy –2010 Highlights•Year of Transition –New General Manager September 27•Major AccomplishmentsEnergyResourcePlanto2020approvedpendingaffordabilitytool•Energy Resource Plan to 2020 approved pending affordability tool •Sand Hill Energy Center 100 MW peaking capacity online •Maintained …
Austin Water Resource Planning Task Force June 11, 2014 – 2:00 p.m. Waller Creek Center, Room 104 625 East 10th Street Austin, Texas For more information go to: Austin Water Resource Planning Task Force AGENDA Sharlene Leurig, Chair Tom Mason, Vice Chair Kris Bailey Christianne Castleberry Luke Metzger Marisa Perales Paul Robbins Lauren Ross Stefan Schuster Brian Smith Jennifer Walker A. CALL TO ORDER – June 11, 2014, 2:00 p.m. B. CITIZEN COMMUNICATION The first 10 speakers signed up prior to the meeting being called to order will each be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda, but related to the charge of the task force, with up to 3 citizens donating their time to one individual. Citizens donating their time must be in the room at the time the speaker is at the podium and must have been in the first 10 speakers signed up prior to the meeting being called to order. C. APPROVAL OF MEETING MINUTES Approval of the meeting minutes from the June 10, 2014 Task Force meeting. D. VOTING ITEMS FROM TASK FORCE None E. DISCUSSION ITEMS FOR TASK FORCE’S REVIEW 1. Discussion of Task Force and Working Group Goals including discussion of prioritizing short term supply side and demand side drought response options and recommendations Austin Water Resource Planning Task Force Regular Meeting June 11, 2014 The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give at least 4 days notice before the meeting date. Please call Felicia Cancino at the Austin Water Utility Department at 512-972-0114, for additional information; TTY users route through Relay Texas at 711 Page 2 of 2 F. STAFF BRIEFINGS, PRESENTATIONS, AND OR REPORTS None G. REPORTS BY TASK FORCE 1. Working Group Updates 1) Evaluate City’s Water Needs 2) Examine Future Water Sources 3) Evaluate Potential Water Management Scenarios H. NON VOTING DISCUSSION ITEMS None I. FUTURE AGENDA ITEMS J. ADJOURN
Austin Water Resource Planning Task Force June 10, 2014 – 3:30 p.m. Waller Creek Center, Room 104 625 East 10th Street Austin, Texas For more information go to: Austin Water Resource Planning Task Force AGENDA Sharlene Leurig, Chair Tom Mason, Vice Chair Kris Bailey Christianne Castleberry Luke Metzger Marisa Perales Paul Robbins Lauren Ross Stefan Schuster Brian Smith Jennifer Walker A. CALL TO ORDER – June 10, 2014, 3:30 p.m. B. CITIZEN COMMUNICATION The first 10 speakers signed up prior to the meeting being called to order will each be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda, but related to the charge of the task force, with up to 3 citizens donating their time to one individual. Citizens donating their time must be in the room at the time the speaker is at the podium and must have been in the first 10 speakers signed up prior to the meeting being called to order. C. APPROVAL OF MEETING MINUTES Approval of the meeting minutes from the June 2, 2014 Task Force meeting. D. VOTING ITEMS FROM TASK FORCE None E. DISCUSSION ITEMS FOR TASK FORCE’S REVIEW 1. Discussion of Task Force and Working Group Goals including discussion of prioritizing short term supply side and demand side drought response options and recommendations Austin Water Resource Planning Task Force Regular Meeting June 10, 2014 The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give at least 4 days notice before the meeting date. Please call Felicia Cancino at the Austin Water Utility Department at 512-972-0114, for additional information; TTY users route through Relay Texas at 711 Page 2 of 2 F. STAFF BRIEFINGS, PRESENTATIONS, AND OR REPORTS 1. Groundwater resources and regulation briefing - James Beach, LBG-Guyton 2. Environmental and local community impacts in areas of groundwater pumping - Steve Box, Environmental Stewardship 3. Written comments from Watershed Protection Department (WPD) regarding review of supply side options presented earlier by Austin Water - WPD staff available for questions and discussion 4. Written Report from Watershed Protection Department on stormwater management options in upcoming proposed Watershed Protection Ordinance (WPO) revisions – WPD staff available for questions and discussion G. REPORTS BY TASK …
The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least three days before the meeting to Toye Goodson, Austin Energy, at (512) 322-6450. TTY users route through Relay Texas at 711. AUSTIN GENERATION RESOURCE PLANNING TASK FORCE JUNE 4, 2014 2:30 PM AUSTIN CITY HALL – ROOM 1029 (BULLPEN) 301 W. SECOND STREET AUSTIN, TEXAS 78701 MEMBERS:Michael Osborne, Chair Barry Dreyling, Vice Chair Clay Butler Carol Biedrzycki Grace Hsieh Cyrus Reed Mike Sloan Tom “Smitty” Smith Michele Van Hyfte For more information: http://www.austintexas.gov/content/austin-generation-resource-planning-task-force AGENDA CALL TO ORDER – June 4, 2014 at 2:30 p.m. APPROVAL OF MINUTES 1. Approval of minutes of the May 28, 2014 and May 29, 2014 meetings CITIZEN COMMUNICATION: GENERAL The first five speakers signed up prior to the meeting being called to order will each be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda. BRIEFINGS AND REPORTS 2. Report on the Austin Climate Protection Plan from the City’s Office of Sustainability 3. Presentation on Climate Change Science from Dr. Kerry H. Cook, Jackson School of Geosciences, University of Texas 4. Presentation on EPA carbon rules and other pollutants by Al Armendariz, former EPA Region 6 Director 5. Presentation on solutions for the Austin Climate Protection Plan from Joep Meijer, President, theRightenvironment 6. Briefing on green pricing, community solar and other voluntary programs from Austin Energy (Related to Item #16) 7. Briefing on the methodology for determining the value of utility solar generation from Austin Energy (Related to Item #15) The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least three days before the meeting to Toye Goodson, Austin Energy, at (512) 322-6450. TTY users route through Relay Texas at 711. 8. Report from the Austin Water Resource Planning Task Force OLD BUSINESS 9. Discussion of past Austin Energy presentation regarding wholesale real time market purchases (Item #4 on May 7, 2014 agenda) and net market purchases expressed as a percentage of Austin Energy load 10. …
Page 1 of 2 The Austin Generation Resource Planning Task Force (‘the Task Force’) convened in a meeting at Austin City Hall, Room 1029, 301 West Second Street, Austin, Texas. CALL TO ORDER – Michael Osborne called the meeting to order at 2:33 p.m. Task Force members in attendance: Carol Biedrzycki, Clay Butler, Barry Dreyling, Michael Osborne, Cyrus Reed and Michele Van Hyfte. Mike Sloan and Tom “Smitty” Smith were not present at the Call to Order, but arrived shortly afterwards. Grace Hsieh was absent. APPROVAL OF MINUTES 1. The motion to approve minutes of the May 28, 2014 meeting, by Ms. Biedrzycki and seconded by Mr. Dreyling, passed on a vote of 6-0 with Mr. Sloan and Mr. Smith off the dais and Ms. Hsieh absent. CITIZEN COMMUNICATION: GENERAL The following persons addressed the Task Force: Dale Bulla – said that water was critical to energy generation, urged more emphasis on storage, wanted air monitoring at power plants and a rethinking of AE’s business model. Pliny Fisk – presented information about how climate change causes natural disasters and Texas ranks tops in the number of natural disasters; also said the material used in frackng could be used to make stronger, more efficient buildings. BRIEFINGS AND REPORTS 2. Report on the Austin Climate Protection Plan by Lucia Athens and Zach Baumer, Office of Sustainability. Mr. Osborne suggested taking up Item 8, the report from the Water Resource Planning Task Force. 8. Report from the Austin Water Resource Planning Task Force by Tommy Mason, Vice Chair. 3. Presentation on Climate Change Science by Dr. Kerry H. Cook, Jackson School of Geosciences, University of Texas. 4. Presentation on EPA carbon rules and other pollutants by Al Armendariz, former EPA Region 6 Director. 5. Presentation on solutions for the Austin Climate Protection Plan by Joep Meijer, President, theRightenvironment. Mr. Osborne suggested taking up Items 7 and 10, briefings from Austin Energy. 7. Briefing on the methodology for determining the value of utility solar generation from Austin Energy (Related to Item #15) 10. Discussion of past Austin Energy presentation regarding present and future costs associated with each generation resource (Item #2 on May 7, 2014 agenda). Khalil Shalabi, VP, Market Operations and Resource Planning, and Sathibabu “Babu” Chakka, Manager, Energy Market Analysis, provided briefings and answered questions from Task Force members. Mr. Osborne suggested taking up Item 6, a briefing from Austin Energy. 6. …
Resolution 20140410-024 Net-zero community-wide GHG emissions by 2050 June 2014 1 Resolution 20140410-024 Emission Sources and Goals Process and Plan Agenda 2 Council established goal: Net-zero community-wide greenhouse gas emissions by 2050 Prefers to achieve as soon as feasible Emission reductions accomplished sooner are more important Review goals & objectives in 2007 Climate resolution Recommend: Measurable interim targets starting with 2020, periodically to 2050 How and when annual progress reports will occur How often to conduct comprehensive updates to the climate plan Council Resolution 3 Council resolution timeline 1.Framework – May - September 2014 a)Interim targets b)Framework for meeting targets c)Progress update to City Council 2.Final Plan – October 2014 - March 2015 a)Focused actions and reduction calculations b)Combine emission reductions and climate resiliency into one comprehensive plan document c)Presented for Community review and council adoption 3.Implementation Plan a)Specific actions b)Costs and schedules c)Data tracking 4 Resolution 20140410-024 Energy Power plants in and outside of Travis county Natural gas burned for heat Transportation CAMPO estimates of Travis County vehicle miles traveled scaled to an annual basis Waste & manufacturing Wastewater, landfills, cement manufacturing, and semiconductor PFCs 2010 Travis County GHG Inventory 15.2 Million metric tons CO2e 5 Developed using the ICLEI U.S. Community GHG Protocol, 2012 Growth v. Goal 6 Public Input Sessions Reviewed by Relevant Boards and Commissions Consideration of results of 2014 Generation Plan Task Force Formation of Technical Advisory Groups to work with city staff to develop action plans Stakeholder Process 7 Community Climate Steering Committee Energy Technical Advisory Group Transportation Technical Advisory Group Waste Technical Advisory Group Industry Technical Advisory Group Organization 8 TAG Purpose: Create and distill the strategies, actions, and sub-measures for each sector Sector plans should include GHG emissions resulting from existing plans Short & long term actions Secondary goals & measures for sector specific factors (VMT, renewables, etc.) Feasibility & how other sectors could make up for shortfalls Take into account Population and business growth Available and emerging technology Potential costs and benefits Climate preparedness and resilience Barriers where the City does not exert direct control over community emissions Technical Advisory Group Action Plans 9 May – Planning Departmental briefings, setup, and participant identification June – Kicking Off Late June kickoff meeting with all stakeholders July – Initial Work TAGs defining boundaries and overarching strategies Steering Committee defining boundaries and reviewing targets August – Progress Strategies, actions, goals defined and beginning …
Climate Change and Austin Kerry H. Cook Department of Geological Sciences The University of Texas at Austin Presentation to: Austin Generation Resource Planning Task Force June 4, 2014 Austin City Hall Projections from Regional Model Simulations Cross-checked with IPCC projections on coarser resolution and validated against observation of current climate Outer domain with 90-km resolution (~10,000 grid points) Inner domain with 30-km resolution (~7,500 gridpoints) Climate models are governed by the laws of physics: F = ma 1st law of thermo conservation of mass for air conservation of mass for water vapor heat balance calculation at the surface Two 20-year simulations •1981 – 2000 late 20th century Observed lateral and surface boundary conditions; observed greenhouse gas concentrations (340 ppm to 371 ppm) •2041 – 2060 mid 21st century Observed lateral and surface boundary conditions + anomalies; CO2 increased (533 ppm to 578 ppm according to an IPCC business-as-usual emissions scenario) References: Patricola, C. M., and K. H. Cook, 2013a: Mid-twenty first century climate change in the central United States. Part I: Regional and global model predictions. Climate Dynamics, 40, 551-568. Patricola, C. M., and K. H. Cook, 2013b: Mid-twenty first century climate change in the central United States. Part II: Climate change processes. Climate Dynamics, 40, 569-583. Projections for 2050: Surface Temperature Difference (°F) Business-as-Usual Emissions Annual Mean Winter Spring Fall Summer Source: Professor Kerry H. Cook, Dept. Geological Sciences, The University of Texas at Austin Changes in the number of 100°F days for the Austin area late 20th c. mid 21st c. Source: Professor Kerry H. Cook, Dept. Geological Sciences, The University of Texas at Austin 2040-2060 1980-2000 90 < A < 105 “extreme caution” fatigue, heat cramps 105 < A < 120 “danger” heat exhaustion likely 120 > A “extreme danger” heat stoke imminent Heat Stress Categories: Apparent Temperature (A) Projected monthly changes in the number of Extreme Caution and Danger heat stress days for the Greater Austin averaging region (30°N-30.5°N; 97°W-98.5°W) late 20th c. mid 21st c. Change in extreme caution heat stress days Change in danger heat stress days 2040-2060 2040-2060 1980-2000 1980-2000 Annual Precipitation Differences (%) 7.5% reduction in annual rainfall (blue triangle = Austin) Source: Professor Kerry H. Cook, Dept. Geological Sciences, The University of Texas at Austin Seasonal Precipitation Differences (%) Summer: 15% reduction Winter: 5% reduction Source: Professor Kerry H. Cook, Dept. Geological Sciences, The University of Texas at Austin Two sources …
The Austin Climate Protection Plan 2014 – intent and implications Joep Meijer, CEO The Right Environment Co-Founder Climate Buddies, Austin resident 6/4/2014 Austin Generation Resource Planning Taskforce Meijer, ACPP2014 About this presentation •This presentation is about intent, interpretation, potential implications •None of the data presented is vetted by Austin Energy •It is a framing document •It includes recommendations tocreate clarity about the relation of the ACCP2014 and the Taskforce recommendations 6/4/2014 Austin Generation Resource Planning Taskforce Meijer, ACPP2014 10 2009 Travis County 15,000,000 You Proposed Austin Climate Protection Plan 2014 Direct greenhouse gas emissions Expressed in metric tons CO2eq 6/4/2014 Austin Generation Resource Planning Taskforce Meijer, ACPP2014 -300 Improving the Climate Generation Home Solar PV 7 Community solar projects 2 Utility scale wind projects 5 Community wind projects Solar for 500 African families and farmers Use NET Positive home – 8 solar panels, < 2,000 kWh Electric car – 12 solar panels , 12,000 miles Sequestration 2000 Trees planted in Mala Atlanta 1000 Trees planting in Amazonas 10 hectares Forest preservation in Costa Rica Me + wife Proposed Austin Climate Protection Plan 2014 Direct greenhouse gas emissions Expressed in metric tons CO2eq 6/4/2014 Austin Generation Resource Planning Taskforce Meijer, ACPP2014 -300 Participants speak up! Susan Adams - When my family started the carbon diet program, we felt like we were doing pretty well and had little to learn about improving our carbon footprint. Were we wrong! We lost more than 20,000 pounds on the carbon diet and see the world through different eyes. The program outlined all kinds of simple ways to reduce our carbon footprint, while reducing our bills at the same time. The meetings were a great way to hear what actions other people were taking and to get their ideas and support. Carbon Diet Program Lose 5,000 lbs of your carbon footprint in 6 weeks! 6/4/2014 Austin Generation Resource Planning Taskforce Meijer, ACPP2014 -300 Interfaith Energy Action Team Becoming Carbon Positive – a manual for houses of worship 6/4/2014 Austin Generation Resource Planning Taskforce Meijer, ACPP2014 2009 GHG impact 6/4/2014 Austin Generation Resource Planning Taskforce Meijer, ACPP2014 Travis County 2009 greenhouse gas emissions per sector Cars and trucks Austin Energy Other electrcity Natural gas Landfill Semiconductors Lime manufacturing Off-road vehicles 6/4/2014 Austin Generation Resource Planning Taskforce Meijer, ACPP2014 Stakeholders •Energy (52%) –Austin Energy (36%) –Third party owned CHP (8%) –Natural gas (8%) •Transportation (36%) –Cars and trucks …
PRESENTATION TITLE Slide Title Community Solar Update Danielle Murray, Manager, Solar Energy Services Presentation to Generation Task Force June 4, 2014 ® CLEAN, AFFORDABLE, RELIABLE ENERGY & EXCELLENT CUSTOMER SERVICE Community Solar Overview Community Solar will provide access to solar energy for customers unable to install solar panels on their own homes or dwellings. Renters and homeowners/condo dwellers with shaded roofs Customers unable to make the upfront investment in rooftop systems Local solar photovoltaic projects will be developed to supply solar energy for this program. Supporting Austin's Climate Protection Plan, and local solar goals Allows participants to receive the benefits of solar power without actually owning/hosting the solar panels on-site 2 Community Solar RFP Timeline Community Solar RFP released Feb 24 For construction, operation and maintenance of up to 4 MW (AC) PV to be constructed at the Kingsbery site PPA structure with AE as off-taker RFP closes May 14 Expect ~6 weeks to review and begin negotiations; 6-10 weeks from RFP close to award Contract approval at Council in August Break ground on site fall 2014 Expected online date: Q2 2015 3 Kingsbery Site 4 Kingsbery Site 5 •Fenced perimeter •Visitor Parking •Educational Kiosk at viewing area •Educate on solar power production •Acknowledge program participants •Provide array details •Display production in real-time •Web cam on-site so that interested customers can view the installation as it occurs Preliminary Program Design Basics: Opt-in program ■ Residential only (to start) Portable within AE territory Not transferable to other customers/accounts Key Considerations: Easy to understand ■ Easy to integrate with billing Cost recovery ■ Scalable Meet customer desires ■ Create attractive program 6 Program Models Under Consideration Subscription models Percent of customer’s monthly bill (e.g. 25%, 50%, 75% or 100%) Monthly kWh block (e.g. in 250kWh increments) Capacity (kW) block (e.g. in 1 kW increments) Pricing Models Fixed premium model Community Solar subscribers sign up for a rate set at a constant premium over the regular Power Supply Adjustment (PSA). Variable cost model Community Solar subscribers sign up for a rate for the solar energy at a price reflective of the cost to AE for procuring the solar energy (adjusted annually based on portfolio of community solar PPAs) and also receive a credit at the prevailing Value of Solar Rate. 7 Questions? Comments? Suggestions? What do customers want out of a community solar program? What are key program design elements you’d like to …
June 4, 2014 June 4, 2014 Austin Energy Update to Austin Generation Resource Planning Task Force Babu Chakka - Manager, Energy Market Analysis John Wester - Manager, Energy Supply & Risk Management INVESTING IN A CLEAN FUTURE June 4, 2014 Agenda •Austin Energy all-in historical production cost/revenue for Gas and Wind units •Recap of the Methodology review with LSAC Experts •Resource Planning Guiding Principals 3 INVESTING IN A CLEAN FUTURE June 4, 2014 Austin Energy All in Production Cost/Revenue for Gas units 4 $0$20$40$60$80$100$120$140Millions of Dollars (M$)Total Natural Gas GenerationNon-Fuel CostFuel CostMarket RevenueGenerationMWhFuel Cost($Million)Non-Fuel Cost($Million)Total Cost($Million)Total Cost($/MWH)Total Revenue ($Million)Total Revenue ($/MWH)Net Revenue/Cost ($Million)Net Revenue/Cost ($/MWH)CY 20111,760,176$116.3$28.6$144.8$82.28$242.7 $137.87 $97.8 $55.59CY 20121,388,101$75.0$33.7$108.7$78.32$94.3 $67.95 ($14.4)($10.37)Summary INVESTING IN A CLEAN FUTURE June 4, 2014 Austin Energy Renewable Energy Cost/Revenue for Wind 5 $0$1$2$3$4$5$6$7$8$9$10Millions of Dollars (M$)Total WindPPA CostMarket RevenueOther costs such as Congestion cost & contract sharing cost are not included here The totals shown here is in Calendar year and will be different from the previous update which is in Fiscal year GenerationMWhPPA Cost($Million)Non-Fuel Cost($Million)Total Cost($Million)Total Cost($/MWH)Total Revenue ($Million)Total Revenue ($/MWH)Net Revenue/Cost ($Million)Net Revenue/Cost ($/MWH)CY 20111,294,451$49.4$0.0$49.4$38.15$33.3 $25.69 ($16.1)($12.46)CY 20121,845,660$73.3$0.0$73.3$39.70$37.0 $20.07 ($36.2)($19.63)Summary INVESTING IN A CLEAN FUTURE June 4, 2014 Solar PV Cost/Benefit Approach (LSAC Review) 6 •Based on the expected annual cash flow for AE –Forecast period: 2014 to 2020 –Outflows: Payments going out –Inflows: Revenues coming in •Outflows (i.e. cost) –Residential: Value of Solar (VOS) rate x kWh + rebate –Commercial: (PBI + average base rates) x kWh –Community PV: Purchased Power Agreement (PPA) x kWh –Utility PV: Purchased Power Agreement (PPA) x kWh •Inflows (i.e. revenues/benefits/avoided costs) –Solar PV hourly output kWh x AE load zone hourly LMP –Community PV also includes •2% ERCOT transmission losses •AE 4 CP transmission TCOS savings –Adjustments already accounted for VOS and net meter for Residential/Commercial INVESTING IN A CLEAN FUTURE June 4, 2014 Solar PV Scenarios Considered (LSAC Review) 7 2020 Scenario MW Local Utility Scale 2020 Goal Residential Commercial Community Total Wholesale Existing 48 MW 9.9 8.1 18 30 Current Goal (200 MW) 38 39 10 87 113 200 Inc. to 400 MW (LSAC Recommendation) 50 50 100 200 200 400 Inc. to 600 MW (LSAC Recommendation) 50 50 200 300 300 600 INVESTING IN A CLEAN FUTURE June 4, 2014 Solar PV Scenarios – Assumptions (LSAC Review) 8 INVESTING IN A CLEAN FUTURE June 4, 2014 Estimated Cumulative Net Impact (LSAC Review) …
Austin Water Resource Planning Task Force June 2, 2014 – 3:30 p.m. Waller Creek Center, Room 104 625 East 10th Street Austin, Texas For more information go to: Austin Water Resource Planning Task Force AGENDA Sharlene Leurig, Chair Tom Mason, Vice Chair Kris Bailey Christianne Castleberry Luke Metzger Marisa Perales Paul Robbins Lauren Ross Stefan Schuster Brian Smith Jennifer Walker A. CALL TO ORDER – June 2, 2014, 3:30 p.m. B. CITIZEN COMMUNICATION The first 10 speakers signed up prior to the meeting being called to order will each be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda, but related to the charge of the task force, with up to 3 citizens donating their time to one individual. Citizens donating their time must be in the room at the time the speaker is at the podium and must have been in the first 10 speakers signed up prior to the meeting being called to order. C. APPROVAL OF MEETING MINUTES Approval of the meeting minutes from the May 29, 2014 Task Force meeting. D. VOTING ITEMS FROM TASK FORCE 1. Extension Request to Council E. DISCUSSION ITEMS FOR TASK FORCE’S REVIEW 1. Discussion of Working Group Goals Austin Water Resource Planning Task Force Regular Meeting June 2, 2014 The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give at least 4 days notice before the meeting date. Please call Felicia Cancino at the Austin Water Utility Department at 512-972-0114, for additional information; TTY users route through Relay Texas at 711 Page 2 of 2 F. STAFF BRIEFINGS, PRESENTATIONS, AND OR REPORTS None G. REPORTS BY TASK FORCE 1. Working Group Updates H. NON VOTING DISCUSSION ITEMS None I. FUTURE AGENDA ITEMS J. ADJOURN
The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least three days before the meeting by calling (512) 322-6450. TTY users route through Relay Texas at 711. AUSTIN GENERATION RESOURCE PLANNING TASK FORCE MAY 29, 2014 5:00 – 7:30 PM AUSTIN CITY HALL – COUNCIL CHAMBER 301 W. SECOND STREET AUSTIN, TEXAS 78701 MEMBERS:Michael Osborne, Chair Barry Dreyling, Vice Chair Clay Butler Carol Biedrzycki Grace Hsieh Cyrus Reed Mike Sloan Tom “Smitty” Smith Michele Van Hyfte For more information: http://www.austintexas.gov/content/austin-generation-resource-planning-task-force AGENDA CALL TO ORDER – May 29, 2014 at 5:00 p.m. The purpose of this meeting is to receive public input regarding Council Resolution No. 20140306-024, which formed the Task Force and set its mission to examine and make recommendations regarding an update to the Generation Plan (to 2024), consistent with meeting or exceeding the goals established in the Generation Plan 2020. CITIZEN COMMUNICATIONS Speakers will each be allowed a three-minute allotment to address the Task Force on matters relating to the Generation Plan update 1. Discussion of issues relating to the update of the Generation Plan ADJOURNMENT
Page 1 of 3 The Austin Generation Resource Planning Task Force (‘the Task Force’) convened in a meeting at Austin City Hall in Council Chambers, 301 West Second Street, Austin, Texas. The purpose of this meeting was to receive public input regarding Council Resolution No. 20140306-024, which formed the Task Force and set its mission to examine and make recommendations regarding an update to the Generation Plan (to 2024), consistent with meeting or exceeding the goals established in the Generation Plan 2020. CALL TO ORDER – Michael Osborne called the meeting to order at 5:12 p.m. Task Force members in attendance: Carol Biedrzycki, Barry Dreyling, Michael Osborne, Cyrus Reed, Mike Sloan and Michele Van Hyfte. Clay Butler, Grace Hsieh and Tom “Smitty” Smith were absent. CITIZEN COMMUNICATIONS - Speakers were each be allowed a three-minute allotment to address the Task Force on matters relating to the Generation Plan update 1. Bob Murray – climate change needs to be the centerpiece of your recommendation; you need a diverse array of storage, demand, and customer-owned facilities that can be directed to grid when needed; there are many opportunities with new technology and new financing mechanisms. 2. Jeff Crunk – wants a generation plan to accelerate the climate protection plan; existing GreenChoice program should not be pegged at one cent above the fuel charge; we must get out of Fayette. 3. Rusty Osborne – show Austin Energy the pathway to leadership; aim for the most aggressive renewables potential that Austin can achieve. 4. Kunda Wicce – more local solar and more energy efficiency; connect the dots to the local economy; this will create more jobs; urged requirements for multi-family properties to meet energy standards; Austin Energy continues punitive taxing of clean energy. 5. Jim Casey – climate change is the worst problem our society faces; shale gas is depleting our water supply; hydraulic fracked gas is worse than coal plants; we are poisoning our water supply. 6. Ruby Roa – increase funding for weatherization for low-income people. 7. Shirley Johnson – help the poor and low-income people with weatherization efforts. 8. Matt Weldon – we should invest in renewables, especially solar; our good economy is in large degree because of our clean energy work; there is risk in not setting big goals; we need policies that stimulate and recognize externalities by costing out bad stuff; even Exxon Mobile had internal carbon pricing. Austin …
Austin Water Resource Planning Task Force May 29, 2014 – 6:00 p.m. Waller Creek Center, Room 104 625 East 10th Street Austin, Texas For more information go to: Austin Water Resource Planning Task Force AGENDA Sharlene Leurig, Chair Tom Mason, Vice Chair Kris Bailey Christianne Castleberry Luke Metzger Marisa Perales Paul Robbins Lauren Ross Stefan Schuster Brian Smith Jennifer Walker A. CALL TO ORDER – May 29, 2014, 6:00 p.m. B. CITIZEN COMMUNICATION The first 10 speakers signed up prior to the meeting being called to order will each be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda, but related to the charge of the task force, with up to 3 citizens donating their time to one individual. Citizens donating their time must be in the room at the time the speaker is at the podium and must have been in the first 10 speakers signed up prior to the meeting being called to order. C. APPROVAL OF MEETING MINUTES Approval of the meeting minutes from the May 27, 2014 Task Force meeting. D. VOTING ITEMS FROM TASK FORCE 1. Meeting Schedule Austin Water Resource Planning Task Force Regular Meeting May 29, 2014 The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give at least 4 days notice before the meeting date. Please call Felicia Cancino at the Austin Water Utility Department at 512-972-0114, for additional information; TTY users route through Relay Texas at 711 Page 2 of 2 E. DISCUSSION ITEMS FOR TASK FORCE’S REVIEW 1. Discussion of Task Force Goals and Work Plan including discussion of prioritizing development of drought response recommendations F. STAFF BRIEFINGS, PRESENTATIONS, AND OR REPORTS 1. As needed, staff briefing on Task Force requests from May 27, 2014 discussion on Task Force Goals and Work Plan including prioritizing development of drought response recommendations G. REPORTS BY TASK FORCE 1. Working Group Updates H. NON VOTING DISCUSSION ITEMS None I. FUTURE AGENDA ITEMS J. ADJOURN
Austin Water Resource Planning Task Force Meeting Minutes Approved June 2, 2014 The Austin Water Resource Planning Task Force convened in a regular meeting on May 29, 2014 at Waller Creek Center, 625 East 10th Street, Room 104, in Austin, Texas. Members in Attendance: Sharlene Leurig, Chair Tom Mason, Vice Chair Kris Bailey Christianne Castleberry(arrived 7:05pm) Luke Metzger Marisa Perales Paul Robbins Lauren Ross Stefan Schuster Brian Smith Jennifer Walker (Absent) Staff in Attendance: Greg Meszaros, Daryl Slusher, Teresa Lutes, Drema Gross, Richard Hoffpauir, Kristi Fenton, Geneva Guerrero, Danielle Martin, Dave Juarez, Ross Crow, Rick Coronado, Jeff Fox, Joe Smith, Jane Burazer, Chris Chen, Bart Jennings, David Green, Denise Avery, and Felicia Cancino Additional Attendees: Pix Howell, Cathy Howell, Malcolm Harris, Bill Bunch, Dick Kallerman, Brandi Clark Bunton, Tina Cannon A. CALL TO ORDER Chair Leurig called the meeting to order at 6:10pm. B. CITIZEN COMMUNICATION Pix Howell, Malcolm Harris, Bill Bunch, Dick Kallerman, and Brandi Clark Bunton spoke during citizen communication providing their suggestions to the Task Force. C. APPROVAL OF MEETING MINUTES The meeting minutes for the May 27, 2014 Austin Water Resource Planning Task Force regular meeting were approved on Member Smith’s motion and Member Metzger’s second on a 6-0-3-2 vote with Members Perales, Smith and Leurig abstaining, Member Castleberry not present to vote and Member Walker absent. D. VOTING ITEMS FROM TASK FORCE 1. Meeting Schedule Members voted on the following meeting dates: Monday, June 2, 2014 @ 3:30pm Tuesday, June 10, 2014 @ 3:30pm Monday, June 16, 2014 @ 6:00pm Austin Water Resource Planning Task Force Regular Meeting May 29, 2014 The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give at least 4 days notice before the meeting date. Please call Felicia Cancino at the Austin Water Utility Department at 512-972-0114, for additional information; TTY users route through Relay Texas at 711 Page 2 of 2 Thursday, June 19, 2014 @ 3:30pm E. DISCUSSION ITEMS FOR TASK FORCE’S REVIEW 1. Discussion of Task Force Goals and Work Plan including discussion of prioritizing development of drought response recommendations Members discussed their goals and work plan. F. STAFF BRIEFINGS, PRESENTATIONS, AND OR REPORTS There were no reports or briefings to present; however, staff …
The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least three days before the meeting by calling (512) 322-6450. TTY users route through Relay Texas at 711. AUSTIN GENERATION RESOURCE PLANNING TASK FORCE MAY 28, 2014 2:30 PM AUSTIN CITY HALL – COUNCIL CHAMBER 301 W. SECOND STREET AUSTIN, TEXAS 78701 MEMBERS:Michael Osborne, Chair Barry Dreyling, Vice Chair Clay Butler Carol Biedrzycki Grace Hsieh Cyrus Reed Mike Sloan Tom “Smitty” Smith Michele Van Hyfte For more information: http://www.austintexas.gov/content/austin-generation-resource-planning-task-force AGENDA CALL TO ORDER – May 28, 2014 at 2:30 p.m. APPROVAL OF MINUTES 1. Approval of minutes of the May 21, 2014 meeting CITIZEN COMMUNICATION: GENERAL The first five speakers signed up prior to the meeting being called to order will each be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda. BRIEFINGS AND PRESENTATIONS 2. Presentation by Austin Energy on the methodology for determining the value of utility solar generation 3. Presentations by Task Force members relating to Council Resolution No. 20140306-024, which formed the Task Force and set its mission to examine and make recommendations regarding an update to the Generation Plan OLD BUSINESS 4. Discussion of past Austin Energy presentation regarding wholesale real time market purchases including those related to unplanned outages (Item #4 on May 7, 2014 agenda) and net market purchases expressed as a percentage of AE load 5. Discussion of past Austin Energy presentation regarding present and future costs associated with each generation resource—the all-in production cost broken down on a dollar per watt basis incorporating all costs associated with that resource (Item #2 on May 7, 2014 agenda) 6. Discussion regarding energy resources, peak demand and demand side resources 7. Discussion regarding generation plan scenarios The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least three days before the meeting by calling (512) 322-6450. TTY users route through Relay Texas at 711. 8. Discussion of competitive issues and other obstacles to the Task Force NEW …
Page 1 of 6 The Austin Generation Resource Planning Task Force (‘the Task Force’) convened in a meeting at Austin City Hall, Council Chambers, 301 West Second Street, Austin, Texas. CALL TO ORDER – Michael Osborne called the meeting to order at 2:36 p.m. Task Force members in attendance: Carol Biedrzycki, Barry Dreyling, Michael Osborne, Cyrus Reed, Tom “Smitty” Smith and Michele Van Hyfte. Clay Butler, Grace Hsieh and Mike Sloan were not present at the Call to Order, but arrived afterwards. APPROVAL OF MINUTES 1. The motion to approve minutes of the May 21, 2014 meeting, by Ms. Biedrzycki and seconded by Mr. Dreyling, passed on a vote of 6-0 with Mr. Butler, Ms. Hsieh and Mr. Sloan off the dais. CITIZEN COMMUNICATION: GENERAL The following persons addressed the Task Force: Scott Burton – urged expanding use of district chilling technology. Paul Robbins – criticized a proposal to increase the free weatherization program saying there were better ways to lower cost, service more people, save energy and prevent pollution. BRIEFINGS AND PRESENTATIONS Mr. Osborne suggested moving up Item 3 to hear Task Force members’ presentation. 3. Presentations by Task Force members relating to Council Resolution No. 20140306-024, which formed the Task Force and set its mission to examine and make recommendations regarding an update to the Generation Plan. The following members made presentations: a. Ms. Biedrzycki – “Low -Income Energy Efficiency Goals for 2024” b. Mr. Reed – “Austin’s Clean Energy Future” c. Mr. Dreyling and Ms. Van Hyfte – “Affordability, Availability, Clean/Renewable, DSM” d. Mr. Sloan – “Mike Sloan on Austin Generation Planning” e. Mr. Smith – “Creating a Clean Energy Future for Austin Energy” f. Mr. Osborne – “Generation Task Force: Presentation by Michael J. Osborne” Mr. Butler, Ms. Hsieh and Mr. Sloan arrived during presentations. 2. Presentation by Austin Energy on the methodology for determining the value of utility solar generation – Mr. Butler, Mr. Reed and Mr. Sloan provided clarification to Austin Energy staff on what was being requested by the Task Force for this presentation. Mr. Osborne postponed the presentation to the June 4 meeting. Mr. Sloan suggested the Task Force review new materials provided by Austin Energy regarding Items 4 and 5. Mr. Osborne agreed. OLD BUSINESS 4. Discussion of past Austin Energy presentation regarding wholesale real time market purchases including those related to unplanned outages (Item #4 on May 7, 2014 agenda) …
Value of Solar Methodology Babu Chakka, Manager - Energy Market Analysis, May 28th, 2014 Value of Solar Study_AGRPTF Presentation Value of Solar Review •First study conducted in 2006 by Clean Power Research, value used internally •Value has fluctuated historically based on market changes •Integrated into residential solar tariff in 2012 and reviewed annually •In July 2013, Clean Power Research was hired again to review the study •In October 2013 –CPR presented the study results to the Joint EUC/RMC meeting –VoS for 2014 was announced to be effective from Jan 1st, 2014 2 How is the VoS calculated? 3 Value of Solar Components 4 0.0000.0200.0400.0600.0800.1000.1200.140Cents per kWh NodalLoss SavingsT&D DeferralEnvironmentalGen. CapacityEnergyInitial (2012) VoS 12.8 Cents Approach to Calculate Energy and Capacity Value of PV Energy Value: •Obtain implied hourly heat rates from 2014 to 2022 •Match 2011 PV fleet production to 2014 – 2022 hourly heat rates •Multiply 2011 PV fleet production times 2014 - 2022 heat rates •Sum results and divide by energy to obtain results in $/kWh Capacity Value: •Implied value of capacity based on avoided cost of a simple cycle gas turbine –Capital cost of a simple cycle gas turbine technology is based on EIA Spring 2013 update. 5 Sample Energy Value Calculation 6 Prepared by Clean Power Research for Austin EnergyNodal Price Value Calculation19[A][B]= [A] x [B]HE (CST)Fleet Energy (MWh) Nodal Price ($/MWh)Value ($)1/1/2011 6:000.00028.460.001/1/2011 7:000.00032.390.001/1/2011 8:000.38534.8013.381/1/2011 9:001.95336.2070.681/1/2011 10:004.01636.97148.471/1/2011 11:005.59934.06190.711/1/2011 12:006.58741.78275.211/1/2011 13:006.94029.13202.171/1/2011 14:006.76732.46219.661/1/2011 15:006.03729.13175.851/1/2011 16:004.78226.90128.641/1/2011 17:002.92127.7681.081/1/2011 18:000.89534.5930.961/1/2011 19:000.03646.811.671/1/2011 20:000.00044.770.001/1/2011 21:000.00042.590.00* Repeat calculation for all hours of year and sum result. VOS Calculation 7 •Guaranteed Fuel Value = Energy Value * (1+Loss factor) Where Energy Value = ∑(Heat rate * Gas Price* PV Production*Risk Free discount factor) ∑(PV Production*Risk Free discount factor) •Plant O & M value = ∑(O & M Cost *(1+Inflation)^year* PV Capacity*Risk Free discount factor) ∑(PV Production*Risk Free discount factor) •Generation Capacity value = ∑(Annual Capital carrying cost* PV capacity*Risk Free discount factor) ∑(PV Production*Risk Free discount factor) * (1+ Loss factor ) *load match* (1+ Loss factor) VOS Calculation Contd… 8 •Avoided Transmission cost = where Transmission cost is Austin Energy contribution to ERCOT T-Cost •Avoided Environmental cost = $0.02/kWh *load match* (1+ Loss factor ) ∑(Transmission cost* PV capacity*Risk Free discount factor) ∑(PV Production*Risk Free discount factor) Key Parameters 9 Prepared by Clean Power Research for Austin EnergyKey Parameters for Value of SolarData inferred from Austin Energy’s Heat Rate Forecast (2014-2022) and PV …
