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Resource Adequacy, Reliability, Risks and Markets. October 9, 2006 Sean Gallagher California Public Utilities Commission Energy Division, Director. LTPP Scoping Memo Issued 9/25. Goals of LTPP review process Approve one set of LTPP plans (merge STPPs and LTPPs)

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Resource adequacy reliability risks and markets

Resource Adequacy, Reliability, Risks and Markets

October 9, 2006

Sean Gallagher

California Public Utilities Commission

Energy Division, Director


Ltpp scoping memo issued 9 25
LTPP Scoping Memo Issued 9/25

  • Goals of LTPP review process

    • Approve one set of LTPP plans (merge STPPs and LTPPs)

    • Integrate EAP II Goals into LTPP

    • Review Selected Procurement Practices & Procedures

    • Review 10-year Resource Plans

    • Identify need for new resources (likely targeted for 2010-2012 timeframe)


Review select procurement policies
Review Select Procurement Policies

  • Procurement Practices

    • Competitive Procurement RFO

      • Promote all source solicitations – define?

      • Transparency/confidentiality

      • Pre-review of RFO documents?

    • Credit and Collateral

      • Credit and collateral policies should not be a barrier to supplier participation in RFO process (while adequately protecting buyer)

      • Commission has engaged consultant to assist in review


Review select procurement policies1
Review Select Procurement Policies

  • Procurement Practices (Continued)

    • Independent Evaluator

      • Scope of Independent Evaluator role

      • Impartiality of Independent Evaluator

      • Costs & benefits of using Independent Evaluator

    • AB 1576

      • All parties are invited to submit proposals for mechanism to implement

        • RFO? Bilateral? Unilateral?

      • Plans must discuss how utilities will implement repowering policies


Review select procurement policies2
Review Select Procurement Policies

  • Risk Management Practices

    • Risk Measure (Time to Expiration for the Value at Risk, TeVaR)

      • Standardization?

      • Calculation?

    • Gas Hedging

      • Best practices?

      • Consistency across portfolios (IOU/DWR) and/or IOUs?


Need determination
Need Determination

  • Plans will identify the need for new resources (2007-2016)

  • Establish the specifics of any need determination

    • Range of Need (e.g. 500-700 MW)

    • Timeframe (e.g. 2010-2012)

    • Location (e.g. x % in Local Areas)

    • Type of Resource Needed (Blackstart, quickstart, VAR support, wind integration, baseload/shaping/peaking)

    • Timeframe of RFO

  • Establish the Need on a System Need and Bundled Customer basis

    • D. 06-07-029 cost allocation mechanism stays in place until it is replaced by subsequent Commission directives, therefore, LTPPs must look at both bundled and system need

    • LTPP Phase 2 decision will need to determine whether cost allocation mechanism is extended to next round of contracts


Next steps in ltpp
Next Steps in LTPP

  • 10/12 PHC/Energy Div Workshop

  • 10/20 Track 1: Energy Auction Proposals Due

  • 11/20 Track 2: LTPP Filings Due

  • 11/30 Track 1: Workshop on Proposals

  • By 12/8 Track 2: IOU Workshops on LTPP filings

  • 1/17/07 Track 2: Intervenor Testimony Due


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