MBTA Utility Management

Transcription

1 MBTA Utility Management Presentation to the MBTA Fiscal Management Control Board April 25, 2016

2 Utility Management: Budget and Forecast Utility Budget Overview FY16 Budget for Utilities is $48.4 Million 6 Types of Utilities:» Electricity» Natural Gas» Heating Oil»Steam»Jet Fuel»Water $42.5M of this budget is electricity FY17 budget projects 12.8% reduction in costs 2

3 Utility Management: Budget and Forecast MBTA Annual Wholesale Energy costs forecast to decline by about a quarter from FY15-FY18 Annual Wholesale Energy Costs, FY12-FY18 $50M Actual Forecast $28M $28M $31M $26M 20 $22M $19M $19M 10 0 FY12 FY13 FY14 FY15 FY16 FY17 FY18 3

4 Utility Management: Budget and Forecast Additional Energy projected to remain constant over FY15-18 timeline Annual Wholesale Energy and Additional Energy costs, FY12-FY18 $50M $33M Actual $40M $35M $34M $30M Forecast $27M $27M Additional power costs include: Transmission Charges ISO Charges Other Ancillary Charges FY12 FY13 FY14 FY15 FY16 FY17 FY18 Additional Power Costs Wholesale Energy Cost 4

5 Utility Management: Budget and Forecast Total Power Costs expected to remain stable in FY16-17 but increase rapidly in FY18 due to capacity costs Total Power Costs, FY12-FY18 $50M 40 $36M $38M Actual $43M $37M $33M Forecast $33M $42M Capacity costs are paid to generators to ensure adequate electricity supply FY12 FY13 FY14 FY15 FY16 FY17 FY18 Capacity Additional Power Costs Wholesale Energy Cost 5

6 Utility Management: Budget and Forecast MBTA power payload peaks at rush hours; typically ~15% higher in winter than in summer MBTA Average Weekday Load Profile MW Load is rate of power consumed over a period of time 60MW 50MW Megawatts 40MW 30MW 20MW 10MW 0MW Winter Summer Hour 6

7 Utility Management: Strategy and Projects Energy Management Strategy ELEMENTS OPTIMIZE CONSERVE REGENERATE BUY IT AND USE IT MORE EFFICIENTLY USE LESS PRODUCE IT FROM RENEWABLE SOURCES OR RECAPTURE SPENT ENERGY TARGETS RELIABILITY ENVIRONMENTAL SAFETY RISK MANAGEMENT MAINTAIN OR IMPROVE SERVICE DELIVERY (OPERATIONS) CREATE THE LOWEST POSSIBLE ENVIRONMENTAL IMPACT MAINTAIN OR IMPROVE SAFETY AT ALL MBTA LOCATIONS MITIGATE PRICE AND SUPPLY VOLATILITY SUSTAINABLE DESIGN INCORPORATE ENERGY & ENVIRONMENTAL FUNDAMENTALS IN CAPITAL PLANNING 7

8 Utility Management: Strategy and Projects Optimize: Utility Contract Management Mitigating Price Risk Wholesale Electricity Contract $25 Million in Savings over 5 years $65.72/MW down to $46.35/MW Managing contract delivery Retail to Wholesale Regulatory Changes Resulting in $880K in annual costs avoided Monetizing the Benefit of Power Station $574K in payments to the MBTA over the last five years $5.01 million projected for FY 17 8

9 Utility Management: Strategy and Projects Optimize: Energy Management Enterprise Energy Management System (EEMS) Utility Management & Cost Savings Verification of Charges by Utility Companies Allocation of Energy Costs to Departments and Facilities Benchmarking of Consumption to Track Progress Assist in Project Management Environmental Tracking Impacts Behavior Outreach Set the Example 9

10 Utility Management: Strategy and Projects Conserve: Energy Efficiency Program Total Project Cost to Date $6.17M 81 Projects Completed over the past 4 years Utility & DOER Contribution $3.87M (37%) MBTA Contribution $2.28M (63%) Average MBTA Payback Period 1.31 years Project Achievements Annual Savings Demand Reduction Consumption Reduction $1.74M 2.98 MW 15.3M kwh Projects in pipeline projected to add $5-6M in annual savings 10

11 Utility Management: Strategy and Projects Conserve: Energy Management 11

12 Utility Management: Strategy and Projects Generate/Recapture: Energy Management Renewable Energy Wind turbines Kingston & Bridgewater Solar Power Purchase Agreements 20 year Fixed Price Slight Cost Savings Mitigates Future Cost Increases Energy Storage & Regenerative Breaking Airport Station Project Upcoming Opportunities 12

13 Utility Management: Wrap-Up Questions? 13