Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Corporate Update (July 2023)
18 slides from Xcel Energy's corporate update, Jul 6, 2023
Slide 1: Welcome! Stakeholder Engagement Workshop Meeting #4
Welcome! Stakeholder Engagement Workshop Meeting #4 2023-2043 Integrated Resource Plan, Southwestern Public Service Company July 6, 2023 Read-ahead materials available at: https://gridworks.org/initiatives/xcel-sps/ or Xcel Energy/Southwestern Public Service Company (SPS) – Gridworks, Note: this mee
Slide 2: The Agenda for Today’s Meeting
The Agenda for Today’s Meeting TIME TOPIC 1:00 Welcome, Meeting Purpose and Outcomes, Announcements 1:15 Statement of Need Interim Committee (SoNIC) update and Next Steps 2:15 SPS Presentation on Draft Model Results to Date and Next Steps 3:15 Break 3:30 Questions and Answers Session 4:00 Stakeholde
Slide 3: Purpose and Outcomes for the Workshop
Purpose and Outcomes for the Workshop Purpose: ▪ Prepare stakeholders to provide input to the Action Plan in August Key outcomes: ❑ Identify if any stakeholders request access to same software used by SPS (per rule guidelines) ❑ Review of SoN input and first check on consensus among stakeholders ❑ R
Slide 4: Welcome to New Stakeholders and Announcement to All
Welcome to New Stakeholders and Announcement to All If this is your first meeting…please introduce yourself via the chat: • Your Name • Your Organization • Your email address • Your primary topic of interest related to the IRP ANNOUNCEMENT Any stakeholder who desires access to the same software as th
Slide 5: Stakeholder Deliverables are Input to Statement of Need and Action Plan
Stakeholder Deliverables are Input to Statement of Need and Action Plan May - June July – August September - October ● May 16: 2 – 4:30 PM ● July 6: 1 – 5 PM ● Sept. 21: 1 – 5 PM ● June 1: 2 - 4 PM ● August 1 & 2: 12-5 & 9-3 ● Oct. 26: 2 – 3:30 PM ● June 13 & 14: 12–5 & 9–3 workshop, via ZOOM worksh
Slide 6: Statement of Need Interim Committee Update
Statement of Need Interim Committee Update • Review of input document to date • Appreciation to interim committee members: ○ Jim DesJardins ○ Austin Jensen ○ Karen Boehler ○ Zoe Lees • Feedback requested: ○ Elements that you don’t agree with? ○ Comments, edits, questions submitted via chat or to mta
Slide 7: Draft Model Results to Date
Draft Model Results to Date • SPS presentation, 60 minutes • BREAK • Questions submitted via chat • Responses, 30 minutes • Responses to unanswered questions will be documented and posted on the GRIDWORKS.org website for this meeting. 7
Slide 8: Southwestern Public Service
Southwestern Public Service
Slide 9: Status of Stakeholder Requested Model Runs
Status of Stakeholder Requested Model Runs • Requests received to date • Process for refining model run parameters • ANNOUNCEMENT- Final date for request forms submitted SPS IRP Modeling Request: • https://forms.office.com/pages/responsepage.aspx?id=g6WyJA Vcaku06U4S3AAlrR1gbuaeZGFOtbA2-yJjOyJURFZGMVJ
Slide 10: Post Economic Analysis Review
Post Economic Analysis Review The SPS presentation on June 1 included discussion about the post (economic) analysis review and the qualitative approach to evaluating resource portfolios. Examples of factors considered are: • NM RPS requirements (noting that due to the multi-state service territory,
Slide 11: Factors in Evaluating Resource Portfolios
Factors in Evaluating Resource Portfolios • Financial, competitive, operational, fuel supply, price volatility, downstream impacts on transmission and distribution investments, extreme-weather events, and anticipated environmental regulation costs. • Cost through projected life • Mitigation of ratep
Slide 12: Do Stakeholders Wish to Provide Input on the Factors?
Do Stakeholders Wish to Provide Input on the Factors? Which factors are most important to you? What measures best characterize those factors? Enter your comments in chat or send feedback to mtatro@gridworks.org by July 20 12
Slide 13: Looking Ahead
Looking Ahead • Aug. 1-2: noon – 5 PM and 9 AM – 3 PM, Meeting #5 via ZOOM Stakeholders also welcome to join SPS in Hobbs to participate via ZOOM. Contact Linda.L.Hudgins@xcelenergy.com for more information. • Aug. 29: 2 PM – 3:30 PM, Meeting #6 via Zoom • Sept. 21: 1 PM – 5 PM, Meeting #7 via Zoom
Slide 14: Your Feedback is Critical
Feedback allows us to: Your Feedback is Critical 1. Measure effectiveness of this new process for the NM PRC 2. Improve Gridworks’ facilitation effectiveness …please: 3. Hear your concerns and suggestions Scan the QR Code to the right OR Visit this link: bit.ly/SPS-IRP-Feedback
Slide 15: Thank you for attending
Thank you for attending. Questions? Please contact Margie Tatro at: mtatro@gridworks.org 505-205-0838 or Deborah Shields at INFO@gridworks.org Materials for this and future meetings available at: Xcel Energy/Southwestern Public Service Company (SPS) – Gridworks or 15
Slide 16: Supplemental Information
Supplemental Information OF GRIDWORKS
Slide 17: Statement of Need Defined by the IRP Rule
Statement of Need Defined by the IRP Rule Statement of Need Action Plan IRP 17
Slide 18: From Appendix A in the IRP Rule…
From Appendix A in the IRP Rule… 18