Review of 2008 Ten-Year Site Plans - Public Service Commission

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Winter Demand Savings (MW) 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 Figure 6. State of Florida: DSM Winter Peak Demand Savings 2008/09 2011/12 2014/15 2017/18 Conservation Interruptible Load Load Management Summer and winter peak demand savings, in addition to non-peak demand savings, translate to net energy savings of nearly 10,000 GWh in 2017, which is an increase of more than 2,500 GWh over the planning period. Such energy savings allow utilities to avoid burning fossil fuels. Figure 7 below illustrates the projected total amounts of annual energy savings from utility-sponsored DSM programs over the ten-year planning horizon. Annual Energy Savings (GWh) 12000 10000 8000 6000 4000 2000 0 Figure 7. State of Florida: DSM Net Energy for Load Savings 2008 2011 2014 2017 Review of 2008 Ten-Year Site Plans - 13 -
Overall, demand and energy savings from utility-sponsored conservation programs are expected to surpass current goals by as much as 60 percent. Although total demand is slated to outgrow DSM and energy efficiency efforts, as summarized in Table 4 below, current projections indicate that savings from DSM and energy efficiency efforts will increase at a rate greater than total demand. Furthermore, the projected average annual growth rate of DSM program savings has increased annually since goals were set in 2004, reflecting the effectiveness and success of current programs. Table 4. DSM and Energy Efficiency Growth Rate DSM and Energy efficiency Total Demand Summer 3.14% 2.24% Winter 2.51% 2.12% Energy Conservation Cost Recovery IOUs have the opportunity to recover prudently incurred expenditures associated with Commission-approved DSM programs through the Energy Conservation Cost Recovery Clause (ECCR). Since 1981, Florida’s IOUs have collected more than $4.5 billion through the ECCR clause, with more than $2.4 billion of that amount recovered in the last 10 years. As illustrated in Figure 8, annual ECCR expenditures for 2004 through 2006 stabilized at just under $230 million per year for two primary reasons: certain DSM programs have reached saturation in participation levels, and DSM program cost-effectiveness declined due to the relatively lower cost of new generating units. However, expenditures in 2007 exceeded $250 million, and 2008 expenditures are projected to exceed $285 million. This trend may be evidence of the implementation of new programs approved by the Commission in 2006 and 2007. Conservation Expenses ($ Millions) 300 200 100 0 Figure 8. Conservation Expenses for IOUs 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Projected Review of 2008 Ten-Year Site Plans - 14 -
Page 1 and 2: Review of 2008 Ten-Year Site Plans
Page 3 and 4: Traditional Energy Generation and a
Page 5 and 6: LIST OF FIGURES Figure 1. State of
Page 7 and 8: LIST OF ACRONYMS Bcf Billion Cubic
Page 9 and 10: 1. Demand-Side Management (DSM) and
Page 11 and 12: Station. PEF is currently conductin
Page 13 and 14: Information Sources In April 2008,
Page 15 and 16: 3. ENERGY DEMAND A utility’s load
Page 17 and 18: and five years prior. For example,
Page 19: y the Commission represent a minimu
Page 23 and 24: 4. ENERGY GENERATION Current projec
Page 25 and 26: of generating up to approximately 1
Page 27 and 28: Solar In order to demonstrate the f
Page 29 and 30: (CT) and combined cycle (CC) units
Page 31 and 32: 15 percent every year within the pl
Page 33 and 34: The addition of nuclear capacity wi
Page 35 and 36: Based upon other utility filings an
Page 37 and 38: Natural Gas Price Forecasts and Sup
Page 39 and 40: contracted for 50 percent of the ca
Page 41 and 42: Nuclear Fuel Price Forecasts and Su
Page 43 and 44: and maintains an open dialog with t
Page 45 and 46: Update of 2006 Florida Central Coor
Page 47 and 48: Southwest Florida Regional Planning
Page 49: City of Tallahassee Department of E

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