Tennessee Valley Authority · NYSE:TVC
Tennessee Valley Authority — Corporate Update (November 2016)
22 slides from Tennessee Valley Authority's corporate update, Nov 30, 2016
Slide 1: Renewable Energy Solutions 2017 Program Roll-out
Renewable Energy Solutions 2017 Program Roll-out November 30th, 2016
Slide 2: Agenda
Agenda • Overview of 2017 Renewable Programs • Green Power Providers (GPP) • Distributed Solar Solutions (DSS) Pilot • Questions | 3
Slide 3: Overview of 2017 Renewable Programs
Overview of 2017 Renewable Programs 4
Slide 4: TVA Renewables
TVA Renewables PUBLIC Renewables Negotiated (Utility-Scale) Proposals > 2MW COMMUNITY Renewables Distributed (Distribution-Scale) Solar Solutions 50kW – 2MW PRIVATE Renewables Green Power (Small-Scale) Providers Up to 50kW Dispersed Power Program up to 80MW (not exclusive to renewable generation) PL
Slide 5: Green Power Providers (GPP)
Green Power Providers (GPP) | 6
Slide 6: 2016 GPP Highlights
2016 GPP Highlights Capacity • 10 MW split 50/50 (Res/Non-res), which was combined in July. • Approximately 3MW capacity remaining Qualification • ‘Fast Track’ now requires minimum of 1,000 kWh/year Financials • Price set at Retail Rate • $1000 Residential Marketing Incentive Payment no longer avail
Slide 7: 2017 GPP Program Parameters
2017 GPP Program Parameters A program that supports Valley homeowners and businesses to install and operate their own renewable energy systems. • Size limits: 50 kW or less • Capacity: 10 MW (50 residential / 50 non-residential) • Price: Retail • 1000 kWh minimum usage • Offering Timeframe: January
Slide 8: NABCEP PV Certification Changes
NABCEP PV Certification Changes • GPP is updating the guidelines to align with a recent change by NABCEP: • Entry Level Certification has been removed • Associate Level Certification has been added • Process to transfer existing Entry Level is simple • Requires CEUs or re-exam every 3-years • TVA wi
Slide 9: Contact GPP
Contact GPP Email GPP at greenpowerswitch@tva.gov Call GPP Question Line at 866-673-4340 | 10
Slide 10: Distributed Solar Solutions (DSS) Pilot
Distributed Solar Solutions (DSS) Pilot | 11
Slide 11: 2016 Distributed Solar Solutions (DSS) - Overview
2016 Distributed Solar Solutions (DSS) - Overview Pilot Goals Pilot details are determined • Implementing “Closer to the Customer” by the guidelines which are • Partnerships subject to adjustment or • Knowledge Sharing with other LPCs modification as needed. Pilot Offering • 10MW (initial offering)
Slide 12: 2016 DSS – Application Process
2016 DSS – Application Process Selection DSS Criteria is critical to Process ensure that: 1. TVA receives value for the premium paid LPC Initial 2. LPCs progress in Screen moving renewables of Projects closer to the customer 13
Slide 13: 2016 Distributed Solar Solutions
2016 Distributed Solar Solutions 16.7 MW | 14
Slide 14: 2017 DSS Program Parameters
2017 DSS Program Parameters • Capacity: 10 MWs • Price: Avoided Cost + Premium of 2.73 cents/kWh • Comparing the simple average of the 20-year rate (base + premium), the 2017 average is 16% lower than the 2016 average • Reduce max project size from 5 MW to 2 MW to focus on Community Solar (matches D
Slide 15: 2017 DSS Base Rates
2017 DSS Base Rates FY18 sPSP Rate FY18 sPSP Months Time of Day (CPT) Draft SMV Draft SMV (¢/kWh) 3% Escalation 5% Escalation 3% (2018 Start) (2018 Start) Escalation (¢/kWh) (¢/kWh) Mon-Fri 12pm-8pm 4.613 3.935 July & August Mon-Fri 6am-12pm and 8pm-12am; Sat & Sun 6am-12am 3.199 2.729 Everyday 12am
Slide 16: 2017 DSS Criteria Considerations
2017 DSS Criteria Considerations LPC Business Models LPC Technical Innovations • Financing Models • Targeted Deployment • Customer Engagement • Grid Management 2016 • Financing Models • Targeted Deployment • Customer Engagement • Volt/var support, loss • Traditional Community load, etc Solar • Grid
Slide 17: 2017 DSS Criteria Focus Areas
2017 DSS Criteria Focus Areas The matrix is designed to assist in targeting renewable opportunities for LPCs Small to Medium Medium to Large Medium to Large Traditional Cooperative Cooperative Small to Medium Municipal Community Energy Authority Municipal Solar EPA – (1) 1.3MW AEC EPA – 1.3MW EPB DS
Slide 18: DSS Application Timeline
DSS Application Timeline • The 2017 contract, guidelines, and selection process will be available on the external website by January 11, 2017. • Applications will be accepted starting Wednesday, March 1, 2017 until Wednesday, March 15, 2017 as part of an initial review period • The Application revie
Slide 19: Contact DSS
Contact DSS Email DSS at DSS@tva.gov | 20
Slide 20: Glossary
Glossary Links provided to the respective sites for more information • LPC- Local Power Company • NABCEP- North American Board of Energy Practitioners • PURPA- Public Utility Regulatory Policies Act • GPP- Green Power Providers • DPP- Dispersed Power Production • DSS- Distributed Solar Solutions • G
Slide 21: Questions / Discussion
Questions / Discussion | 22
Slide 22: Slide 22
Tennessee Valley Authority — Corporate Update (November 2016) on 6ix