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Resolution No. 94821 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 1 27 RESOLUTION NO. 9482 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND ADOPTING THE DEMAND FORECAST FOR 2008, PLANNING RESERVE MARGIN AND QUALIFYING CAPACITY CRITERIA WHEREAS, the City of Vernon ("City") is a chartered municipal corporation of the State of California that owns and operates a system for the generation, purchase, transmission, distribution and sale of electric capacity and energy; and WHEREAS, the City serves electricity to consumers at retail from the City's distribution system located within its municipal boundaries; and WHEREAS, the City has executed a Metered Subsystem Agreement ("MSS Agreement") with the California Independent System Operator ("CAISO"); and WHEREAS, the City is considered a Load Serving Entity ("LSE") under certain terms of the CAISO's Tariff; and WHEREAS, on March 13, 2006, the CAISO submitted an amendment to the CAISO Tariff to establish Interim Reliability Requirements Program (the "IRR Program") to establish requirements for each LSE to prepare a plan (a "Resource Adequacy Plan") for sufficient reserves to meet reliability criteria established by the Western Electricity (Coordinating Council for the CAISO's transmission control area; and WHEREAS, under the IRR Program, the City is empowered to Iestablish a Demand Forecast, a Reserve Margin and Qualifying Capacity (Criteria upon which to base its Resource Adequacy Plan; and WHEREAS, the City has reviewed the historical and expected 28 I1demand for and supplies of electricity within its distribution system, 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 .24 25 26 27 including the likely peak demand for electricity within the City's distribution system throughout 2008, the available generation and other capacity to serve that demand, and constraints which might impact the availability of capacity to serve the City's projected peak demand; and WHEREAS, based upon that review, the City finds that the default 15% Reserve Margin set forth in the IRR Program is sufficient for planning purposes; and WHEREAS,,based upon that review, the City finds that the peak demand for electricity within the City's distribution system throughout 2008 is likely to experience a load growth of approximately 1.5% over the same months in calendar year 2007; and WHEREAS, based upon that review, the City finds that the Qualifying Capacity Criteria specified in the City of Vernon Demand Forecast for 2008, Planning Reserve Margin and Qualifying Capacity Criteria are sufficient and appropriate to be used in determining the amount of Qualifying Capacity needed to meet the City's projected peak monthly demand and 15% Reserve Margin. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby Ifinds and determines that the recitals contained hereinabove are true land correct. SECTION 2: The City Council of the City of Vernon hereby approves and adopts the Demand Forecast, Reserve Margin and Qualifying Capacity Criteria set forth in the City of Vernon Demand Forecast for 2008, Planning Reserve Margin and Qualifying Capacity Criteria, in substantially the same form as the copy which is attached hereto as Exhibit A and incorporated by reference. - 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SECTION 3: The City Council of the City of Vernon hereby authorizes the Light & Power Department to utilize the Demand Forecast, Reserve Margin and Qualifying Capacity Criteria set forth in the City of Vernon Demand Forecast for 2008, Planning Reserve Margin and Qualifying Capacity Criteria in preparing the Resource Adequacy Plans for the calendar year 2008; provided, however, that if there is a significant change in the current year -over -year growth trend for monthly peak demand, or if other information comes to the attention of the Light & Power Department that warrants a change in the Demand Forecast, the Light & Power Department may amend the Demand Forecast by not more than ten percent (10%) as long as the City Council is notified of such amendment at least fifteen (15) days before any Resource Adequacy Plan lis submitted to the CAISO, any other entity, or any person not employed) by the City. SECTION 4: The City Council of the City of Vernon hereby authorizes the Light & Power Department to continue to use such Reserve Margin and Qualifying Capacity Criteria in preparing all subsequent Resource Adequacy Plans for the City's electricity distribution system until such time as the City Council shall affirmatively amend or suspend such Reserve Margin and/or Qualifying Capacity Criteria by further Resolution. SECTION 5: The City Council of the City of Vernon hereby authorizes the Light & Power Department to submit Resource Adequacy Plans prepared in conformity herewith to the CAISO on a monthly, seasonal and/or annual basis as requested by CAISO. - 3 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SECTION 6: The City Clerk of the City of Vernon shall certify to the passage of this resolution, and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 19th day of November, 2007. ATTEST: GIROI\i, Ci/Ey Clerk Name: Title: Mayor - 4 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STATE OF CALIFORNIA ) ss COUNTY OF LOS ANGELES ) I, MANUELA GIRON, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 9482, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Monday, November 19, 2007, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. 4 MANUELA 4GI0N,(City Clerk (SEAL) - 5 - EXHIBIT A City of Vernon Light & Power Department Demand Forecast for 2008 Planning Reserve Margin [i I Qualifying Capacity Criteria Background: On March 13, 2006, the CAISO submitted an amendment to the CAISO Tariff to establish the Interim Reliability Requirements Program ("IRR Program"), which the CAISO proposes to remain effective until the implementation of the Market Redesign and Technology Upgrade ("MRTU") Tariff, which the CAISO filed on February 9, 2006. The CAISO's IRR Program is a short-term proposal to implement the Resource Adequacy programs being adopted by state authorities, including the California Public Utilities Commission ("CPUC") and other Local Regulatory Authorities. The program requires that the Scheduling Coordinators for Load Serving Entities submit annual Resource Adequacy Plans consistent with approved Demand Forecast, Planning Reserve Margin and the Qualifying Capacity criteria as approved by the Local Regulatory Authority. Therefore, the City Council of the City of Vernon as the Local Regulatory Authority needs to establish (1) the Demand Forecast for Vernon's load, (2) the Reserve Margin for planning purposes, and (3) the criteria for determining resources that would be eligible to provide Qualifying Capacity and for calculating Qualifying Capacity. On April 10, 2006, the City Council adopted a Demand Forecast for Vernon's load for the period June through December, 2006, a 15% Reserve Margin for planning purposes, and criteria for determining eligible resources and calculating Qualifying Capacity. On October 4, 2006, the City Council adopted a Demand Forecast for 2007 and confirmed the Reserve Margin and Qualifying Criteria. Vernon needs now to adopt a Demand Forecast for 2008, and to review the Reserve Margin and Qualifying Capacity criteria. Pursuant to Vernon's Metered Subsystems Agreement ("MSS") with CAISO, the new Demand Forecast, Reserve Margin and Qualifying Capacity criteria for 2008 must be provided to CAISO as soon as possible.I Staff has compiled a Demand Forecast for 2008 based upon historical load data and projections as to future load growth, as set forth below. Staff also recommends that Vernon retain the same 15% Reserve Margin for planning purposes and the criteria for determining If the City Council does not establish the criteria for Qualifying Capacity the CAISO proposes to impose its default criteria reflected in the CAISO proposed section 40.13 of the CAISO Tariff. N eligible resources and calculating Qualifying Capacity. Vernon will then be responsible for periodically providing the CAISO with a required Resource Adequacy Plan that takes into account the established new Demand Forecast, the Planning Reserve Margin, and the Resource Adequacy criteria established by the City Council. Demand Forecast: Vernon's municipal load resides within the CAISO control area. The CAISO, as the control area operator, has the responsibility for meeting reliability criteria established by the Western Electricity Coordinating Council ("WECC"). As such the CAISO has entered into agreements with various market participants including, but not limited to, Generators, Scheduling Coordinators, Participating Transmission Owners, Utility Distribution Companies, and Metered Subsystems ("MSS"), which impose certain responsibilities on parties to establish a reliable system. One of those responsibilities is to have operating reserves that meet the WECC minimum requirements. The CAISO's goal in considering reserve requirements is to balance available capacity with demand across the entire CAISO control area and, therefore, CAISO's primary concern is with the time and amount of peak demand on the CAISO-controlled transmission system (the "system peak"). In order to reduce demand during the period of the system peak (and, therefore, to lower the peak demand on the transmission system), utilities generally offer retail rate structures designed to encourage load shifting away from the on -peak period. Such efforts are intended to achieve on -peak demand reduction and lower the need to build new generation to meet peak demand. Vernon has adopted such a rate structure and has succeeded in shifting the peak demand period for Vernon's system to a time that is generally earlier than the time of the CAISO system peak. Vernon's share of needed capacity to meet CAISO control area requirements may be established by determining the amount of Vernon's load that contributes to the CAISO system peak. The Demand Forecast (forecast of Vernon's coincidental peak demand relative to the CAISO monthly peak demand) for Vernon is developed by first forecasting Vernon's peak load for each month without regard to the time of day, and then applying a coincidental 3 peak factor to reflect the portion of Vernon's peak load that contributes to the CAISO's control area peak demand. The monthly Demand Forecast is, therefore, the monthly product of Vernon System peak demand forecast and the coincidental peak factor as further described below. 1. Monthly peak load forecast for 2008 The proposed monthly peak demand forecast was developed based on the analysis of Vernon's historical load growth. Vernon has experienced an average increase in Peak Demand of 1.5 % (Exhibit 5). Therefore, Vernon's projected peak demand is based on a 1.5% load growth through the 2008 calendar year. The resulting projected peak demand for Vernon is shown below in Table 1. Table 1 Projected Load 2008 MW January 196.85 February 197.76 March 200.31 April 208.66 May 206.83 June 209.40 July 208.50 August 209.07 September 202.89 October 188.28 November 193.47 December 184.54 El 2. Establish coincidental peak factor The coincidental peak factor is the ratio between Vernon's demand at the time of the CAISO control area's peak demand and Vernon's peak demand for the month. The coincidental peak factor is established based on last year's actual load data. The CAISO's peak demand was obtained through the CAISO's OASIS online system. Exhibit 3 reflects the date and time that the CAISO control area established its monthly peak demand for October 2006 through September 2007. For July and September, the third and second highest peak respectively were taken. This adjustment was made due to the fact that the ISO system peaks occurred the days after a holiday which is not a good representation of Vernon's typical load. Vernon's demand for those hours was acquired from Vernon's records and used to develop the coincidental peak factor as shown in Exhibit 4. 3. Vernon's Demand Forecast Vernon Demand Forecast is the product of Vernon's peak demand and the coincidental peak factor. The product reflects Vernon's projected demand at the time of the CAISO control area's peak for each of the individual months. Exhibit 4 provides the calculation of Vernon's projected Demand Forecast for the period of January through December 2008. It is recommended that the Demand Forecast contained in Exhibit 4 and as shown below in Table 2 be approved. 5 i Table 2 Demand Forecast 2008 MW January 154.9 February 155.4 March 167.4 April 180.4 May 192.1 June 193.7 July 196.3 August 198.5 September 194.9 October 150.5 November 155.8 December 145.9 Planning, Reserve Requirement It is recommended that a Reserve Margin of 15% be adopted for planning purposes as set forth in section 40.4 (c) of the filed CAISO Tariff. Qualifying Capacity: It is recommended that the following criteria be approved for determining the type of resources that may be eligible to provide Qualifying Capacity and for calculating Qualifying Capacity for such eligible resource types. 1. The two existing power supply contracts through the WSPP Agreement Schedule C "firm" that were entered into in 2000 shall be eligible to count as Qualifying Capacity until 2010. The amount of Qualifying Capacity is 50 MW through 2009 and 25 MW through 2010. 2. Vernon Purchase Power Contract with SCPPA for 4.9% of SCPPA's share of Palo Verde Nuclear Generating Station (Palo Verde) shall be eligible as Qualifying 0 Capacity. The power is scheduled as an import generally at Westwing Substation through the CAISO's entitlement of transmission from Westwing to SP-15. 3. Contract NO DE-MS65-86WP39587 between United States Department of Energy Western Area Power Administration Boulder Canyon Project and City of Vernon, California for Electric Service shall be eligible to count as Qualifying Capacity. The power is scheduled as an import at Mead Substation generally through the CAISO's entitlement of transmission from Mead Substation to SP-15. The amount of Qualifying Capacity will be based on the most current schedule for the available capacity from the Boulder Canyon Project at the time of submittal of the Resource Adequacy Plan. 4. Generating units and system units (but excluding Vernon diesel generating units) within Vernon's MSS, as reflected in Schedule 14 of Vernon's MSS Agreement with CAISO shall be eligible to count as Qualifying Capacity. The amount of Qualifying Capacity of such units will be based on the projected dependable gross output capacity on a day when the ambient air temperature is 90 degrees Fahrenheit. 5. All other capacity from a Participating Generator, a System Unit, or a System Resource, as defined in the CAISO Tariff, shall be eligible as Qualifying Capacity. System Resources, however, must have a firm transmission path from source to the CAISO control area. Such criteria for firm transmission facilities over the CAISO control area can be satisfied with the possession of a Firm Transmission Right from the CAISO on the path associated with the System Resource. Firm Transmission Rights provide physical priority right to schedule over congested paths. 6. The following scheduled outage criteria should be used for determining the level of Qualifying Capacity ("QC") of any resource. 7 Scheduled Outages Time Period Description of How Qualifying CapacityCApacity of Resources Is Counted Summer Any month where days of scheduled outages exceed 25% of days in the May month, the resource cannot be counted as Qualifying Capacity. If through scheduled outages are less than or equal to 25% of the days in the September month, the resource is counted as Qualifying Capacity. For scheduled outages of less than 1 week, the resource is counted as Qualifying Capacity. Non -Summer For scheduled outages of 1 week to 2 weeks, the Qualifying Capacity of Months the resource is prorated using the formula: October [ 1 - (days of scheduled outage/days in month) - 0.25] * MW = QC through The formula will allow resources to be counted at between 50% and April 25% of what would otherwise be their Qualifying Capacity. For scheduled outages over 2 weeks, the resource cannot be counted as Qualifying Capacity. Conclusion: 1. Recommend approval of the following Demand Forecast for 2008 as follows: Demand Forecast 2008 MW January 154.9 February 155.4 March 167.4 April 180.4 May 192.1 June 193.7 July 196.3 August 198.5 September 194.9 October 150.5 November 155.8 December 145.9 2. Recommend approval of a 15% Reserve Margin for planning purposes. 3. Recommend approval of the above stated Qualifying Capacity Criteria. E Exhibit 1 Jan ary through December 2008 Projected Load Month 2006-2007 (Actual City Peak Load) 2008 Projected Load A B C 1 January '07 193.94 196.85 2 Februa '07 194.84 197.76 3 March '07 197.35 200.31 4 April '07 205.58 208.66 5 May '07 203.78 206.83 6 June'07 206.31 209.40 7 Jul '07 205.42 208.50 8 Au ust'07 205.98 209.07 9 Se tember '07 199.89 202.89 10 October'06 185.50 188.28 11 November'06 190.61 193.47 12 December '06 181.81 184.54 A Month B Source: (City Historical Peak Load Data) C 1.5% Projected Load Growth for Vernon Exhibit 2 ISO Historical Peak Demand Hour Ending Load A B C 1 25-Oct-2006 1906 31,869 2 '6-Nov-2006 1800 33,249 3 18-Dec-2006 1900 34,218 4 15-Jan-2007 1800 . 34,008 5 27-Feb-2007 1900 32,761 6 12-Mar-2007 2000 32,481 7 27-A r-2007 1500 33,238 81 8-Ma -2007 1600 38,266 9 14-Jun-2007 1600 40,839 10 26-Jul-2007 1600 42,853 11 31-Au -2007 1500 48,535 12 3-Se -2007 1 16001 44,690 A ISO OASIS B ISO OASIS C ISO OASIS Exhibit 3 September 2006 through August 2007 Coincidental Peak Factor Month Vernon's Peak Load Coincidental Peak during ISO's Peak Demand Coincidental Peak Factor (A) B) (C) (D) 1 Janua '07 193.94 152.64 78.7% 2 Februa '07 194.84 153.14 78.6% 3 March '07 197.35 164.92 83.6% 4 April '07 205.58 177.74 86.5% 5 Ma '07 203.78 189.25 92.9% 6 June'07 206.31 190.80 92.5% 7 Jul '07 205.42 193.36 94.1% 8 Au ust'07 205.98 195.61 95.0% 9 Se tember'07 199.89 191.99 96.0% 10 October'06 185.50 148.29 79.9% 11 November'06 190.61 1.53.50 80.5% 12 December'06 181.81 143.72 79.0% A Month B Source: (City Historical Peak Load Data) C Source: (City Historical Peak Load Data) D Quotient of Columns C and B (C/B) Exhibit 4 January throu h December 2008 Resource Adequacy Re uirement Projected Load Coincidental Peak Factor Demand Forecast RA Capacity Requirement A B C D E 1 January 196.8 78.7% 154.9 178.2 2 February 197.8 78.6% 155.4 178.8 3 March 200.3 83.6% 167.4 192.5 4 April 208.7 86.5% 180.4 207.5 5 May 206.8 92.9% 192.1 220.9 6 J•une 209.4 92.5% 193.7 222.7 7 July 208.5 94.1 % 196.3 225.7 8 Au ust 209.1 95.0% 198.5 228.3 9 September 202.9 96.0% 194.9 224.1 10 October 188.3 79.9% 150.5 173.1 11 November 193.5 80.5% 155.81 179.2 12 December I 184.5 79.0% 145.91 167.8 A Month B Source: (Exhibit 1 Column C) C Source: (Exhibit 3 Column D) D Product of B and C E Product of D and 115% (115% reflects Planning Reserve Margin) Exhibit 5 Seven year Peak Demand Load Growth Peak % Increase A B C 1 2003 194.4 2 2004 195.9 0.787% 3 2006 190.8 -2.618% 4 2006 197.3 3.400% 5 2007 206.3 4.571 % 6 Average 196.9 1.5% A Year B Source: (City Historical Peak Load Data) C % Increase from previous year. CITY CLERK'S OFFICE INTER -OFFICE MEMORANDUM To: Donal O'Callaghan, Director of Light & Power From: Nelly Giron, City Clerk Date: ovember 19, 2007 Re: Resolution No. 9482 - Approving and Adopting the Demand Forecast for 2008, Planning Reserve Margin and Qualifying Capacity Criteria. As requested by Mr. Abraham Alemu, transmitted herewith is a copy of the above referenced resolution approved by the City Council on November 19, 2007, for your transmittal to the ISO. :ng gt_� 6 C� o_ November 15, 2007 Resource Adequacy Staff Report Interim Reliability Requirement Program (IRR Program) is the CAISO's short- term proposal to implement the Resource Adequacy program being adopted by state authorities. This program is in place until the implementation of MRTU (Market Redesign and Technology Upgrade). This programs requires that Scheduling Coordinators of Load Serving Entities submit the following as approved by the Local Regulatory Authority: 1) Demand Forecast 2) Planning Reserve Margin, 3) The Qualifying Capacity approved by the Local Regulatory Authority. The City Council of the City of Vernon as the Local Regulatory Authority for Vernon has in the last two years approved a Demand Forecast, 15 % Reserve Margin, and the criteria for determining eligible resources and calculating Qualifying Capacity. The Light and Power Department recommends approval of the Demand Forecast for 2008; approval of a 15% Planning Reserve Margin; and, approval of the Qualifying Capacity Criteria.