Electric Utility CommissionJune 10, 2024

Item 8- Resource Generation Plan Briefing 1 of 2 — original pdf

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Resource Generation Plan to 2035 June Update Lisa Martin Deputy General Manager & Chief Operating Officer June 10, 2024 © Austin Energy Topics to Cover Summary of Work Underway EUC Involvement Overview Rifeline Report EUC Feedback 1 2 3 4 2 Summary of Work Underway Community Facilitation Rifeline Energy Research Webber Energy Group (UT) Demand Side Mgmt & Solar Study* DNV Energy Insights 2 5 3 6 1 4 Portfolio Modeling* Ascend & Austin Energy Requests for Proposals Renewable & Carbon-Free Developers Industry Research Group Support ESource & EPRI *Scope informed by EUC WG Recommendations 3 EUC Involvement: An Overview • Representation at Community Stakeholder Workshops • Monthly Rifeline workshop updates at EUC meetings • Monthly discussions/collaboration at EUC meetings on Resource Generation Plan development and portfolio modeling • Presentations on third-party research 4 Developing the Resource Generation Plan to 2035 • Goal of carbon-free by 2035 & other objectives, defined to align with community values • Consideration of EUC Working Group recommendations • An objective-based plan rooted in community values and priorities, recognizing the tradeoffs of different options • Structured to allow flexibility to respond to a changing market and dynamic circumstances 5 Stakeholder Engagement Austin Energy Resource Generation Plan Lynda Rife Founder & President 66 Stakeholders Representing Citizens Climate Lobby Hispanic Chamber Solar and Storage Coalition City of Lakeway Housing Works State of Texas City of Austin HURF Sunrise Movement Residential Customers IBEW Local 520 AARP ADAPT AISD ARMA Ascension Downtown Commercial LGBT Chamber Texas Climate Jobs Texas Assisted Living Association Texas Energy Poverty Research Institute Asian Chamber Environment Texas Pecan Street Austin Chamber Foundation Communities PODER Tri-City Region Austin Critical Home Repair Coalition CCARE Central Health Habitat for Humanity Public Citizen Urban League HACA HEB RECA UT Energy Institute Sierra Club UT Students Community Stakeholder Workshop #1 Key Highlights ©Austin Energy. All rights reserved. Austin Energy and the Austin Energy logo and combinations thereof are trademarks of Austin Energy, the electric department of the City of Austin, Texas. Other names are for informational purposes only and may be trademarks of their respective owners.