Slide 1: 2023 New Mexico Integrated Resource Planning (IRP) Modeling Scenario Requests
2023 NEW MEXICO INTEGRATED RESOURCE PLANNING (“IRP”) Modeling Scenario Requests © 2023 Xcel Energy
Slide 2: Distributed Energy Resources
Distributed Energy Resources “I would be interested in modeling a battery powered virtual power plant program similar to the pilot program by the New Hampshire Electric Cooperative” - Jim DesJardins, REIA Electrification & Base Emerging Upgrade Existing PRM Technologies Costs Long Duration (15%) Loa
Slide 3: Demand Response
Demand Response “Run a model which allows no cost demand response. This will enable to SPS to back out the value of demand response on its system compared to other resources. The demand response should be available year round, callable once per day, callable hours equal 100, callable at any time of
Slide 4: Time Of Use Rates
Time Of Use Rates “Model an updated load forecast which reflects residential and small commercial load shift in response to dynamic rate such as time of use. I recommend shifting energy use from SPSs net peak period and into the overnight or midday period.” - Michael Kenney, SWEEP Existing Electrifi
Slide 5: Early Compliance
Early Compliance “Please model early achievement of decarbonization goals. This would mean 80% carbon-free resources by 2030 and 95% by 2035 on the pathway to 2040 zero carbon target.” Base -Michael Keeney, SWEEP Upgrade Existing PRM Planning Load Costs Long Duration (15%) (85%) Base ($400/kW) Stora
Slide 6: Reciprocating Engines
Reciprocating Engines “Add reciprocating engine as candidate resource. You could assume an 3 engine increment (56 MW) as that's where economies of scale kick in on the balance of plant. I'll provide you in a separate email the cap ex, op ex, and physical parameters you need. I'll also provide "sub-
Slide 7: ExxonMobil
ExxonMobil “Demand side: - Include the load demand information out to 2040 for SPS territory provided by the Permian electrification study, added to existing assumptions on other customer growth - Present the load estimate data out to 2040 broken out by general customer groups, not necessarily rate
Slide 8: ExxonMobil
ExxonMobil 2. A model that embraces industry leading hydrogen deployment and CCS deployment a. All new source facilities (including TX given recent 88th session legislation incentives) having the ability to co-fire with 50% low-GHG hydrogen by volume by 2033 (technically feasible today and 2033 ince
Slide 9: Sierra Club
Existing Base Technology Only Sierra Club Existing PRM Financial Load Upgrade Costs - Wind, Solar, Battery (4hr, (15%) (50%) Low ($400/kW) 6hr, 8hr) 1. SPS should conduct a sensitivity modeling the Impact of “high” renewable penetration under the Inflation Reduction Act on SPP import energy prices.
Slide 10: Sierra Club
Sierra Club d. For any new gas plants added to the system: New resources and projects should be set up in EnCompass to represent the 3 categories of new gas plants that can be built. All new gas plants (regardless of capacity) will need to follow one of these pathways to be compliant with 111(d). Th
Slide 11: Sierra Club
Sierra Club Optimization period: When modeling retrofit costs in future years, the runs should be set to full optimization so that the model can see these future costs. If you need to run the model with a shorter optimization period for run-time constraints, the future retrofit costs should be level
Slide 12: Sierra Club
Sierra Club Modeling CCS: Include capital costs for retrofit, incremental fixed O&M and variable O&M. Include parasitic load assumptions (EPA assumes approximately 11% and as a result, FOM, heat rate, and VOM need to be scaled). Include IRA tax credits. -Joshua Smith, Sierra Club © 2023 Xcel Energy
Slide 13: Questions?
QUESTIONS ? © 2023 Xcel Energy