Parker-Davis Project Post-2028 Marketing

Transcript:Parker-Davis Project Post-2028 Marketing:
Parker-Davis Project Post-2028 Marketing Initiative Stacy Russ DSW Power Markets Advisor 10/8/2020 1 Agenda 10/8/2020 P-DP Meeting 2 Marketing Initiative 10/8/2020 P-DP Meeting 3 Marketing Initiative Purpose 10/8/2020 P-DP Meeting 4 Typical Marketing Initiative Process 10/8/2020 P-DP Meeting 5 Informal Process Discuss marketing plan concepts with customers and other interested parties to gain input to develop a plan Issue Initial Federal Register Notice Presents need for plan and WAPA’s initial proposal or options Development Process Hold public information and comment forums, accept written comments, review and consider all comments Do we have enough of an understanding of needs of all stakeholders and the requirements to formulate a plan or options?? Can we proceed with a final decision or do we need to present a new proposal or new options given the comments received? Issue Final Federal Register Notice Issue Federal Register Notice Presents revised proposal or options No Yes No Yes Marketing Initiative Considerations - Capacity Current P-DP Firm Electric Service capacity is split into a summer and winter season Summer = March – September Winter = October – February The summer season available capacity equals the full rated capacity from Davis and one-half of the total rated capacity from Parker The winter season available capacity equals the rated capacity of four of the five Davis units and one-half of three of the four Parker units. One Davis and one Parker unit are assumed out of service for maintenance 10/8/2020 P-DP Meeting 6 Marketing Initiative Considerations - Energy Current P-DP Firm Electric Service Energy is also split into a summer and winter season During the summer season available energy equals 67% of the summer capacity During the winter season available energy equals 47% of the winter capacity In 2019, actual generation during the summer season equaled about 56% of the summer capacity; and actual generation in the winter season equaled about 37% of the winter capacity Energy is long-term firm power intended to have assured availability to the customer 10/8/2020 P-DP Meeting 7 Marketing Initiative Considerations - Energy The current amount of annual energy allocated under the contract is 1,425,045 MW or 1,425 GWh In FY 2019, the net generation of P-DP was 1,293 GWh, leaving a 132 GWh shortfall These shortfalls are accommodated by purchasing power on the open market WAPA purchased about 271 GWh in 2019 to meet statutory and regulatory obligations Power purchase costs are included in