2019 INTEGRATED RESOURCE PLAN Public Meeting [Insert date and - - PowerPoint PPT Presentation

2019 integrated resource plan
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2019 INTEGRATED RESOURCE PLAN Public Meeting [Insert date and - - PowerPoint PPT Presentation

2019 INTEGRATED RESOURCE PLAN Public Meeting [Insert date and location] TVAs Mission Energy Environment Economic Development Provide affordable electric Serve as a catalyst for Act as a steward of the power throughout the sustainable


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2019 INTEGRATED RESOURCE PLAN

Public Meeting [Insert date and location]

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SLIDE 2

TVA’s Mission

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Energy Environment Economic Development

Provide affordable electric power throughout the Tennessee Valley Act as a steward of the Valley’s natural resources Serve as a catalyst for sustainable economic development

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SLIDE 3

What is an Integrated Resource Plan?

  • Shapes how TVA will provide low-

cost, reliable electricity over the next 20 years

  • Enhances TVA’s ability to add more

renewables and distributed energy resources (DER)

  • Informs TVA’s next Long-Range

Financial Plan

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The final IRP will serve as a compass that provides broad direction, rather than as a GPS that provides a specific route.

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Why are we updating the IRP now?

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The utility marketplace is changing and we need to proactively plan for the future!

1 Consumer behaviors and preferences are changing 2 Companies are committing to renewables 3 Distributed energy resources (DER) introduce fundamental change

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SLIDE 5

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System flexibility Distributed energy resources Portfolio diversity

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Prep Scoping ** Develop Inputs & Framework Analyze & Evaluate Present Initial Results ** Incorporate Input Identify Preferred Plan/Direction

Public Engagement Period (** indicates timing of Valley-wide public meetings)

Fall 2017 Summer 2019 Winter 2019 Spring/Summer 2019 Summer/Fall 2018 Spring 2018 Winter/Spring 2018

TVA’s IRP Planning Process

2019 Integrated Resource Plan | 7

We are here!

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SLIDE 7

Stakeholder and Public Involvement

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When it comes to your electricity, what is important to you? That it's reliable? Low-cost? Environmentally sustainable?

Public Scoping Comments

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Scenarios and Strategies

Scenarios

1 - Current Outlook 2 – Economic Downturn 3 – Valley Load Growth 4 - Decarbonization 5 – Rapid DER Adoption 6 – No Nuclear Extensions

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Strategies

A – Base Case B – Promote DER C – Promote Resiliency D – Promote Efficient Load Shape E – Promote Renewables

External Factors Shaping the Environment TVA’s Response & Portfolio Goals

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SLIDE 9

Integrated Resource Planning Process

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SLIDE 10

Metric Categories

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Cost Long-range cost of the resource plan and average system cost Financial Risk Measures the uncertainty around the cost of various plans Environmental Stewardship Environmental footprint of the resource plans, including air emissions and water, waste and land use impacts Operational Flexibility Portfolio’s ability to ramp up and down to respond to changes in demand Valley Economics Measures per capita income and employment changes

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Preliminary Results

  • There is a need for new capacity in all scenarios modeled
  • All portfolios show significant levels of solar expansion
  • Energy efficiency (EE) and demand response (DR) levels are relatively

similar across the portfolios

  • No nuclear resources are added due to size and high capital cost,

except for small modular reactors as part of the Promote Resiliency strategy

  • No wind or hydro resources are added

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SLIDE 12

Strategy Performance

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Draft Environmental Impact Statement: The IRP & the Tennessee Valley Environment

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Overview Environmental Conditions in the Tennessee Valley Environmental Impacts of the 2019 IRP

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Purpose and Approach of the EIS

Purpose:

  • Ensure environmental impacts are

considered in decisions related to long- term power planning

  • Include public involvement
  • Comply with National Environmental

Policy Act (NEPA)

Approach:

  • System-wide assessment of

environmental impacts

  • Site-specific studies of potential plant

retirements

  • Establish a framework to study future

site-specific actions

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Evaluating these Key Factors

  • Air quality
  • CO2 emissions
  • Water resources
  • Fuel requirements
  • Waste production
  • Land requirements
  • Employment and per capita

income

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We strive to be good stewards of the Valley’s resources. It’s part of who we are at TVA.

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Observations in the EIS

  • Long-term decreases in:
  • Air pollutant emissions
  • CO2 emissions
  • Water use and consumption
  • Coal consumption and ash

production

  • Potential for local socioeconomic

impacts associated with plant retirements

  • Strategies C, D, and E have lowest

impacts to most environmental resources, but largest land requirements

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We’d like to hear from you!

The public comment period is open until April 8, 2019. Share your feedback with us online, in-person or by mail!

  • Submit a comment form at tonight’s public meeting
  • View our interactive report and submit a comment online, visit tvairp.com
  • Listen to our webinar, taped live on February 26th
  • Mail-in a comment form:

Hunter Hydas IRP Project Manager Tennessee Valley Authority 1101 Market Street, MR-3C Chattanooga, TN 37402

  • Email us at irp@tva.gov

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