How Does PSE Compare to Public Power on Carbon, Cost and - - PowerPoint PPT Presentation

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How Does PSE Compare to Public Power on Carbon, Cost and - - PowerPoint PPT Presentation

Oct 21, 2023 560 likes •793 views

How Does PSE Compare to Public Power on Carbon, Cost and Reliability? 4 th Annual South Sound Climate Action Convention Olympia High School 4/13/2019 R a n d a l S a m s t a g , P . E . F r i e n d s O f I s l a n d P o w e r B a i n b r i d

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R a n d a l S a m s t a g , P . E . F r i e n d s O f I s l a n d P o w e r B a i n b r i d g e C l i m a t e A n d E n e r g y F o r u m

How Does PSE Compare to Public Power on Carbon, Cost and Reliability?

Friends of Island Power

http://www.island-power.org/

Bainbridge Climate and Energy Forum

http://www.bainbridgeislandforum.org/

4th Annual South Sound Climate Action Convention Olympia High School 4/13/2019

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Burning fossil fuels causes sea level and temperature rise (and

  • cean acidification and other bad things).

Sources: http://www.climatecentral.org/news/the-last-time-co2-was-this-high-humans-didnt-exist-15938; IPCC Reports ; https://www.esrl.noaa.gov/gmd/ccgg/trends/

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Where are we headed if we don’t stop?

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  • National Plans – 3.3°C (6.0°F) – No change after national contribution pledge period.
  • <2.0°C Path – 1.8°C (3.3°F) – All countries peak by 2030 and then reduce steadily, with rates

in the post-2030 period faster in the developed countries (5%/yr) than in the developing countries (3.5%/yr).

  • 1.5°C Path – 1.5°C (2.8°F) – All developed countries peak by 2025 and then reduce steadily at

10%/yr; all developing countries peak no later than 2030 and then reduce steadily at 8%/

Source: https://www.climateinteractive.org/programs/scoreboard/scoreboard-science-and-data/

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Puget Sound Energy

 Sold to private equity Macquarie

Capital of Sydney, AU and Canadian pension funds in 2009.

 Macquarie’s 44 percent share

was sold to Canadian and Dutch investment funds in 2018.

 10 percent ROI allowed by UTC  Largest carbon polluter of all

utilities in Washington

 PSE CEO is Chairperson of

American Gas Assoc.

 1.2 million electricity customers

in 8 counties

 Rates and Bills: 25% above state

average

 Poor reliability compared to

public power

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PSE (59 % Fossil Fuel) PSE (59 % Fossil Fuel) Tacoma Power (2.4 % Fossil Fuel) Tacoma Power (2.4 % Fossil Fuel)

Fuel Mix Comparison

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Source: http://www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf

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PSE (59 % Fossil Fuel) PSE (59 % Fossil Fuel) Jefferson County PUD (2.5 % Fossil Fuel) Jefferson County PUD (2.5 % Fossil Fuel)

Fuel Mix Comparison - 2016

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Source: http://www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf

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PSE is the largest carbon polluting utility in Washington State by a massive amount.

Source: www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf 7

PSE

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PSE produced 15 times more carbon pollution on a per- customer basis than BPA full-requirements utilities in 2016.

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PSE BPA Full-requirements Utilities

Source: www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf

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PSE – 50 to 60 Percent Fossil Fuel PSE – 50 to 60 Percent Fossil Fuel Tacoma – 90 Percent Hydro Tacoma – 90 Percent Hydro

PSE Fuel Mix Trends Compared to Tacoma Power

9 Source: www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf

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PSE – Carbon Pollution Up / Power Demand Down PSE – Carbon Pollution Up / Power Demand Down Tacoma – Both Carbon Pollution and Demand Down Tacoma – Both Carbon Pollution and Demand Down

Fuel Mix and Power Demand Trends

10 Source: www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf

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In Kitsap County PSE electricity is the largest source of carbon pollution, more than the entire transportation sector.

Source: Puget Sound Clean Air Agency PSCAA Counties (2018)

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PSE’s 2017 Integrated Resource Plan says PSE will produce 10- 12 million tons per year of carbon pollution through 2035.

The Image The Image The Actual Plan The Actual Plan

Base – No Carbon Tax

Source: https://pse.com/aboutpse/EnergySupply/Documents/8a_2017_PSE_IRP_Chapter_book_compressed_110717.pdf

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In spite of being the largest utility in the Washington PSE’s rates are among the highest in the State.

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http://www.lni.wa.gov/TradesLicensing/Electrical/Install/Puds/default.asp and individual utility websites Dec 2016.

PSE “green power rate” PSE regular rate

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Comparison of PSE Outage Duration Data To Some Regional Publics

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Source: PSE WUTC 2014 Reliability Report; Web and Personal Communications from Pubic Utilities.

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What are our energy choices in PSE territory?

PSE 50 x 40 PSE Green Power PSE Solar Choice PSE Green Direct Do nothing Public Power Micro grids Conservation Local solar

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David Mills on recent PSE on Bainbridge FB Page David Mills on recent PSE on Bainbridge FB Page 10-12 Million Tons of Carbon Pollution thru 2035, 50% cut by 2040 10-12 Million Tons of Carbon Pollution thru 2035, 50% cut by 2040

PSE’s 50 x 40Plan

Base – No Carbon Tax

Source: https://pse.com/aboutpse/EnergySupply/Documents/8a_2017_PSE_IRP_Chapter_book_compressed_110717.pdf

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Green Power Green Power Solar Choice Solar Choice

 Renewable Energy

Certificates (Credits) – RECs

 Extra cent per kWh

charge over regular tariff (10 percent premium)

 You buy the credit, not

the electrons

 New program  PSE will buy the solar

electrons

 $171 per month ->

$237 per month

 38% premium over

regular tariff for 100 percent solar for 1500 kWh per month

PSE’s Residential Green Energy Programs

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PSE’s Green Direct Program

 For large users only  PSE buys new solar and

wind energy by power purchase contract

 City signs 10, 15 or 18 year

contract

 Replace existing Green

Power (REC) tariff

 For Bainbridge: Keep the

lights on at City Hall (300,000 kWh / yr)

 1.4 percent of total 26 MW

Bainbridge load

Source: PSE handout to COBI City Council

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Do nothing. (Let the State handle it.)

 Senate Bill 5116 passed

the House last Thursday.

 100 percent “carbon-

neutral” electricity by 2030

 100 percent “carbon-

free” by 2045

 Replaces Energy

Independence Act

 Poison pills for new

public power

https://app.leg.wa.gov/billsummary?BillNumber=5116&Chamber=Senate&Year=2019#documentSection

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Public Power

 62 Public Power Utilities In

Washington State

 Public Ownership and

Management

 Public Utility Districts,

Municipal Utilities, Coops

 60 Percent of Washington

Load

 Rates and Bills: State average

25% less than PSE

 BPA-supplied public utilities

average 15 times less carbon pollution than PSE per customer.

 98% fossil fuel free in 5 years?

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Conclusions

 We have to stop carbon pollution caused by burning fossil

fuels.

 PSE is the largest carbon polluting utility in the State of

Washington.

 PSE is planning to continue to pollute beyond 2035.  PSE rate structures are among highest in Washington in

spite of “economies of scale.”

 PSE’s system-wide reliability is four to fourteen times

worse than comparable regional public utilities.

 Public power utilities have a much better record than PSE

  • n carbon impact, rates & reliability.

 Public power has offered the choice of carbon-free power by

2025 instead of 2045 at a lower or comparable price

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R a n d a l W . S a m s t a g , P . E . r s a m s t a g @ r s a m s t a g . c o m + 1 ( 2 0 6 ) 8 5 1 - 0 0 9 4

Thank You!

Friends of Island Power

http://www.island- power.org/

Bainbridge Climate and Energy Forum

http://www.bainbridgeislandforum.org/

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