HomeMy WebLinkAboutREFAC Presentation March 2020REDUCING THE COST OF ENERGY IN ALASKAREDUCING THE COST OF ENERGY IN ALASKA
Renewable Energy Fund Advisory Committee
(REFAC)
Neil McMahon
Program Manager
Energy Planning
REFAC Meeting
March xx, 2020
REDUCING THE COST OF ENERGY IN ALASKA 2
Agenda
1-1:15 p.m.Welcome and Introductions
1:15-1:20 p.m.Approve minutes and agenda
1:20-1:45 p.m.Informational Items
1:45-2:45 p.m.Action Items
2:45-3 p.m.Member comments
3 p.m.Adjourn
REDUCING THE COST OF ENERGY IN ALASKA
December meeting…
Requested changes to RFA
Funding limits
Early stage preference
Ops & financial planning
Metering equipment
Decided not to change
•Match
3
REDUCING THE COST OF ENERGY IN ALASKA
REFAC requests from Dec. 2019
Match—list to provide
Performance database
Progress
OPS budget—update on allocation
Performance reporting—how to deal with
blue lake/terror lake
Ops planning for pre-construction
RFA before release
Other topics
•Best practices
•Excess energy guidance
•IPPs
•Update regulations
•Economic model
•Carbon tax inclusion
•Other updates—O&M, performance, etc.
4
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Four Stage REF Evaluation Process
Step 1 Step 2 Step 3 Step 4
Completeness/eligibility
(AEA staff)
Feasibility and public
benefit (AEA, DNR,
Contractors)
Technical and
economic evaluation
Qualifications and
experience of team
Project management,
development,
operation
Ranking projects
(AEA/REFAC)
Cost of energy single
biggest criterion (30%)
Levelized feasibility
score from stage 2 (25%)
Other criteria include
public benefits,
readiness, local support
and match
Regional spreading
(AEA/REFAC)
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REF Fuel Savings From Construction Projects
0
5
10
15
20
25
30
35
Fuel Displaced (diesel equivalent, gallons)MillionsBiomass
Heat Pump
Heat Recovery
Hydro
Biofuel
Solar
Transmission
Wind
Wind to Heat
Total fuel cost
savings in 2017:
~$74M
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-
15,000
30,000
45,000
60,000
75,000
EIA EIA EIA EIA EIA EIA EIA REF EIA REF EIA REF EIA REF EIA
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Blue Lake
Generation
capacity
(kW)
Energy
capacity
(MWh)
Original 8,910 62,500
Expansion 9,600 32,000
Total 18,567 92,500
Percent of
total 52%35%
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-
30,000
60,000
90,000
120,000
150,000
EIA EIA EIA EIA EIA EIA EIA REF EIA REF EIA REF EIA REF EIA
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Terror lake Project added 10MW of generation
capacity, but no additional energy.
Allows wind to be brought into
system without using diesel as
spinning reserve and/or peaking.
All savings that can be attributed to
Terror Lake are actually captured by
Pillar Mountain wind project
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Action Expected Dates
RFA release March 2020
Applications due June/July 2020
REFAC meeting July/August 2020
Evaluate applications July-November 2020
REFAC meeting December 2020/January 2021
Deliver recommendations to legislature January 29, 2021
Grants could begin July 1, 2021
RFA Release Schedule
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Member Comments
REDUCING THE COST OF ENERGY IN ALASKA 11
SAFE,
RELIABLE, &
AFFORDABLE
ENERGY
SOLUTIONS
ALASKA ENERGY AUTHORITY
813 West Northern Lights Blvd.
Anchorage, Alaska 99503
Phone: (907) 771-3000
Fax: (907) 771-3044
Toll Free (Alaska Only) 888-300-8534