Public Service Company Of New Mexico · OTC:PNMXO
Public Service Company Of New Mexico — Corporate Update (April 2008)
18 slides from Public Service Company Of New Mexico's corporate update, Apr 1, 2008
Slide 1: Electric Integrated Resource Plan
Electric Integrated Resource Plan Tenth Public Involvement Meeting April 1, 2008 PNM Alvarado Square 1
Slide 2: Welcome & Introductions
Welcome & Introductions Evelin Wheeler Director, Integrated Resource Planning 2
Slide 3: Project Schedule
Project Schedule • Phase 1 – Information Gathering • Done • Phase 2 – Modeling • Underway • Discuss Sensitivity/Scenario Runs mid April • Monte Carlo modeling & portfolio selection in May • Phase 3 – Reporting • Underway • Distributed Draft of Input/Modeling Assumptions • Distribute Draft of Complet
Slide 4: Draft Part 1
Draft Part 1 • Questions • Comments • Critique 4
Slide 5: Discussion
Discussion Frank Stern Principal, Summit Blue Consulting 5
Slide 6: Transmission Cost Modeling
Transmission Cost Modeling Dave Eubank Manager, Transmission Contracts & Policy 6
Slide 7: Transmission Review
Transmission Review • PNM is responsible Path 48 for transmission statewide • Customers include Path 47 PNM and others • Northern NM within Path 48 • Southern NM within Path 47 7
Slide 8: Transmission in IRP
Transmission in IRP • Future deliverability issues across Paths 47 and 48 • Will need to link new resources to loads • Recommended portfolio must meet WECC/NERC reliability standards 8
Slide 9: Modeling Transmission Resources
Modeling Transmission Resources • Assume a location for generic resources • Developed “high level” cost estimate based on transmission need • Adding cost for transmission to each generation resource in scenario modeling 9
Slide 10: Cost Adders
Cost Adders Resource Option Size Delivery Point Capital Cost Fixed O&M Wheeling Cost (MW) $ $/year $/year Energy Efficiency 100-360 Loadside $0 $0 $0 Customer Sited DG 5 Loadside $0 $0 $0 Solar (Central & PV) 100 Loadside $6,000,000 $240,000 $0 Biomass 25 Alamogordo $6,000,000 $240,000 $0 Geothermal
Slide 11: Next Steps
Next Steps • Must revisit assumptions after portfolios are developed • More refined cost estimates can be developed using procedures required in PNM’s Open Access Transmission Tariff (OATT) 11
Slide 12: Discussion
Discussion Frank Stern Principal, Summit Blue Consulting 12
Slide 13: Resource Plan Coordination
Resource Plan Coordination Evelin Wheeler Director, Integrated Resource Planning 13
Slide 14: Background
Background IRP Rule: “explore a procedure to coordinate the IRP process with renewable energy procurement plans and energy efficiency and load management program proposals.” 14
Slide 15: Coordination Potential
Coordination Potential • Renewable Portfolio Plan – Compliance with NMSA §62-16-4(D) and NMAC 17.9.572 (NMPRC Rule 572) – Filed annually on July 1st Energy Efficiency Plan – Compliance with NMAC 17.7.2 (Energy Efficiency Rule) – Filed annually; next filing on June 30th Resource Informational Filings
Slide 16: Observations
Observations • Electric IRP filing will request PRC acceptance, not approval • IRP reflects energy efficiency and renewable resource status • Future filings will be consistent with the IRP 16
Slide 17: Discussion
Discussion Coordination of IRP with: • 3137 filings • Renewable procurement plan • EE program update 17
Slide 18: Discussion
Discussion Frank Stern Principal, Summit Blue Consulting 18
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