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 g e C l i m a t e A n d E n e r g y F o r u m Bainbridge Climate and Energy Forum Friends of Island Power http://www.bainbridgeislandforum.org/ http://www.island-power.org/
Burning fossil fuels causes sea level and temperature rise (and ocean acidification and other bad things). 2 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/
Where are we headed if we don’t stop? 3 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%/ 3 Source: https://www.climateinteractive.org/programs/scoreboard/scoreboard-science-and-data/
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 4
Fuel Mix Comparison Tacoma Power (2.4 % Fossil Tacoma Power (2.4 % Fossil PSE (59 % Fossil Fuel) PSE (59 % Fossil Fuel) Fuel) Fuel) 5 Source: http://www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf
Fuel Mix Comparison - 2016 Jefferson County PUD (2.5 % Jefferson County PUD (2.5 % PSE (59 % Fossil Fuel) PSE (59 % Fossil Fuel) Fossil Fuel) Fossil Fuel) 6 Source: http://www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf
PSE is the largest carbon polluting utility in Washington State by a massive amount. PSE 7 Source: www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf
PSE produced 15 times more carbon pollution on a per- customer basis than BPA full-requirements utilities in 2016. PSE BPA Full-requirements Utilities 8 Source: www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf
PSE Fuel Mix Trends Compared to Tacoma Power PSE – 50 to 60 Percent PSE – 50 to 60 Percent Tacoma – 90 Percent Tacoma – 90 Percent Fossil Fuel Fossil Fuel Hydro Hydro 9 Source: www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf
Fuel Mix and Power Demand Trends PSE – Carbon Pollution Up / PSE – Carbon Pollution Up / Tacoma – Both Carbon Tacoma – Both Carbon Power Demand Down Power Demand Down Pollution and Demand Down Pollution and Demand Down 10 Source: www.commerce.wa.gov/wp-content/uploads/2016/09/Energy-FMD-2016-final.pdf
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)
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 12 Source: https://pse.com/aboutpse/EnergySupply/Documents/8a_2017_PSE_IRP_Chapter_book_compressed_110717.pdf
In spite of being the largest utility in the Washington PSE’s rates are among the highest in the State. PSE “green power rate” PSE regular rate 13 http://www.lni.wa.gov/TradesLicensing/Electrical/Install/Puds/default.asp and individual utility websites Dec 2016.
Comparison of PSE Outage Duration Data To Some Regional Publics 14 Source: PSE WUTC 2014 Reliability Report; Web and Personal Communications from Pubic Utilities.
PSE 50 x 40 PSE Green Power PSE Solar Choice PSE Green Direct Do nothing Public Power Micro grids Conservation Local solar What are our energy choices in PSE territory?
PSE’s 50 x 40Plan David Mills on recent PSE on David Mills on recent PSE on 10-12 Million Tons of Carbon 10-12 Million Tons of Carbon Bainbridge FB Page Bainbridge FB Page Pollution thru 2035, 50% cut by 2040 Pollution thru 2035, 50% cut by 2040 Base – No Carbon Tax Source: https://pse.com/aboutpse/EnergySupply/Documents/8a_2017_PSE_IRP_Chapter_book_compressed_110717.pdf
PSE’s Residential Green Energy Programs Green Power Green Power Solar Choice Solar Choice Renewable Energy New program Certificates (Credits) – PSE will buy the solar RECs electrons Extra cent per kWh $171 per month -> charge over regular $237 per month tariff (10 percent 38% premium over premium) regular tariff for 100 You buy the credit, not percent solar for 1500 the electrons kWh per month
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
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
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? 20
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 on 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 21
Thank You! 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 Bainbridge Climate and Energy Friends of Island Forum Power http://www.bainbridgeislandforum.org/ http://www.island- power.org/ 22
Recommend
More recommend
