Columbia IPR 2 and Cost-effective Operation Brent Ridge VP - - PowerPoint PPT Presentation

▶
columbia ipr 2 and cost effective operation
SMART_READER_LITE
LIVE PREVIEW

Columbia IPR 2 and Cost-effective Operation Brent Ridge VP - - PowerPoint PPT Presentation

Oct 01, 2023 31 likes •235 views

POWERING A CLEAN ENERGY FUTURE Columbia IPR 2 and Cost-effective Operation Brent Ridge VP Corporate Services/CFO/CRO Kent Dittmer February 15, 2017 Asset Manager/Controller Phone Bridge: 1-203-692-7388 Passcode: 8405158# Please mute/unmute

slide-1
SLIDE 1

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

1

Columbia IPR 2 and Cost-effective Operation

Brent Ridge VP Corporate Services/CFO/CRO Kent Dittmer Asset Manager/Controller February 15, 2017 Phone Bridge: 1-203-692-7388 Passcode: 8405158# Please mute/unmute using *6 WebEx meeting: Join the meeting Meeting number: 992 984 422 Meeting password: UMkSC382

slide-2
SLIDE 2

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

2

slide-3
SLIDE 3

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

3

Topics

  • Columbia’s Long Range Plan (LRP) and O&M

Reductions

  • Long Term Plan – Cost Effective Operation

– Focused Initiatives – Staffing Projections – Delivering the Nuclear Promise

  • Operational Excellence
slide-4
SLIDE 4

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

4

Changes to Columbia’s LRP

  • O&M Net Decreases over 10-Year Period

– Cost-effective Operation (CeO) and IPR Reduction Plan – Reduction in risk reserve – Reduction in escalation for non-labor

slide-5
SLIDE 5

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

5

IPR O&M Expense Reductions

  • $7M annual average reduction made in initial

IPR

  • $6.3M annual average reduction with IPR 2

Review

 Continue cost reduction through attrition  Near-term O&M Non-Labor Reductions in rate case period  Reduced O&M Risk Reserve  Annual assessment of escalation  Reduced outage duration: 40 to 35 days in FY19

slide-6
SLIDE 6

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

6

  • $13.3M annual average 2018-19 rate period

reduction

Scenario Columbia

BP-16 - 2016-2017 Rate Case 292.7 CGS FY 2017 Draft Long Range Plan 312.1 IPR 306.6 IPR Closeout 305.1 IPR2 Proposal 298.8 Increase from BP-16 2.1%

Summary of 2018–2019 Budget Proposal

Dollars in Millions – Annual Average

slide-7
SLIDE 7

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

7

Basis for planned O&M reductions and

  • ngoing sustainability
  • Improved zero based budgeting for recurring O&M

projects/programs (improved predictability in cost)

  • Optimized certain non-critical preventative maintenance

programs (aligned frequency with standard)

  • Reduction in outage duration
  • Transfer of risk related to mid to large unknowns or

significant material escalation to Bonneville Risk Reserve

  • Delivering the nuclear promise initiatives and focus on

eliminating low value work

slide-8
SLIDE 8

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

8

Columbia Cost-effective Operation

slide-9
SLIDE 9

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

9

Cost-effective Operation - 2016

  • Project goal is to achieve a reduced cost of power that

continues to be regionally competitive.

  • The focus is to approach Bonneville Power Administration

preference customer Tier 1 pricing by FY2026.

slide-10
SLIDE 10

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

10 $30.00 $32.50 $35.00 $37.50 $40.00 $42.50 $45.00 FY14* FY15* FY16* FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Dollars/MWh

Regional Cost of Power

CGS vs. Industry Target

BPA Tier 1 Price 2-year Average COP

Cost-effective Operation

slide-11
SLIDE 11

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

11

Operations and Maintenance Cost Excellence Initiatives

  • Columbia Cost-effective Operation
  • Industry Initiatives – Nuclear Promise
  • Fuel Savings
  • Ensure Safe, Reliable Operation of Columbia Generating

Station

slide-12
SLIDE 12

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

12

Cost-effective Operation

  • Implementing Phase IV Focus Area

– Defined goal/target:

  • Pacific Northwest Target Reference
  • Supports BPA Focus 2028

– Project Team and Oversight Committee – Station Alignment – Excellence Model – Training/Briefings/All-Hands meetings – Communication and Messaging - “Less with Less” – Monthly management review on metrics for Budget/Cost – Delivering the Nuclear Promise – Utilizing budget challenges, performance review actions and incentives to achieve targets

slide-13
SLIDE 13

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

13

Cost-effective Operation

Columbia Cost Control: How will we achieve the goal?

Ensuring Safe, Reliable Operation of Columbia Generating Station

  • Risk Assessments to Avoid Negative Impact on Safety &

Reliability

  • O&M Cost Reductions
  • Attrition Management (Hiring Panel)
  • Contractor Management
  • Process Streamlining
  • Benefit Cost Review
  • Personal Time/Vacation Requirements
  • Nuclear Promise Initiative – efficiencies now and future

sustainability

  • Reset Targets Annually
slide-14
SLIDE 14

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

14

Columbia Staffing Levels

14

slide-15
SLIDE 15

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

15

slide-16
SLIDE 16

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

16

Improvement Areas

  • Corrective Action Program
  • Engineering
  • Preventative Maintenance
  • Radiation Protection
  • Regulatory Efficiency
  • Security
  • Supply Chain Efficiency
  • Training
  • Transform Engineering and Maintenance Org.
  • Work Management

NUCLEAR PROMISE

an industry Chief Nuclear Officers’ initiative

slide-17
SLIDE 17

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

17

slide-18
SLIDE 18

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

18

  • Questions
slide-19
SLIDE 19

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

19

Contact Us

Comments can be sent to:

Participants can submit comments on BPA’s IPR 2 proposed levels during a public comment period which opens Feb. 15 and closes March 13, 2017. Comments can be submitted:

  • Online at www.bpa.gov/comment
  • By mail to: BPA, P.O. Box 14428, Portland, OR 97293-4428.
  • By email to BPAFinance@BPA.gov

Please send questions to: BPAFinance@BPA.gov

slide-20
SLIDE 20

POWERING A CLEAN ENERGY FUTURE

Notice: This document is a public record and will be released to the public. Therefore it shall not contain Confidential/Proprietary/Trade Secret Information (“Confidential Information”) of organizations such as the Institute of Nuclear Power Operations, the Utilities Service Alliance, Inc., or the World Association of Nuclear Operators.

20

Financial Disclosure

  • This information was made publicly available on

Feb.10, 2017, and contains information not sourced directly from BPA financial statements.