FMPA Weekly
A weekly e-newsletter for FMPA members
April 6, 2015
LAST WEEK
Ten-Year Site Plan
FMPA’s Planning Department filed the All-Requirements Project’s (ARP) Ten-Year Site Plan last Tuesday with the Florida Public Service Commission. The plan describes the ARP’s estimated power generating needs for the next 10 years and identifies the location and type of proposed long-term generation capacity and transmission additions. Based on recent load projections, the ARP is expected to meet its generation capacity requirements with existing resources through 2023. FMPA will need to acquire 33 MW in 2024 to be able to meet generation capacity requirements with an 18% reserve margin. The 2015 Ten Year Site Plan is available on the Member Portal. Contact: Michele Jackson
Kissimmee Appoints New FMPA Representatives
Kissimmee Utility Authority appointed new first alteate and second alteate representatives to FMPA’s Board of Directors and ARP Executive Committee. Vice President of Finance and Risk Management Joe Hostetler will serve as the city’s first alteate, and Vice President and General Counsel Grant Lacerte will serve as the city’s second alteate. Vice President of Power Supply Larry Matte remains the city’s primary representative to FMPA’s Board of Directors and the ARP Executive Committee. Contact: Nick Guarriello
All-Requirements Project March Load Statistics
The All-Requirements Project’s non-Contract Rate of Delivery (CROD) peak for March was 850 MW, which occurred March 17 between 4 p.m. and 5 p.m. The project’s load factor for March was 68%. Load factor is a ratio of actual energy (MWh) used during the period versus what would have been consumed if demand was at peak for the entire period. A higher load factor indicates more effective system utilization and results in lower average costs. The month’s peak was 105% of the budgeted peak, and energy was 110% of the budget. A graph showing the All-Requirements Project hourly load for March is available on the Member Portal. Contact: Jim Atz
THIS WEEK
New Employee
Gloria Reyes joins FMPA on Monday as the new Assistant Treasure/Investments. Gloria comes to FMPA from SunTrust Banks, where she served as Assistant Vice President/Trust Advisor. Gloria has a master’s degree in financial services and wealth management from Thomas Jefferson School of Law and a bachelor’s degree in business with an emphasis in finance from University of Phoenix.
Conservation and Renewable Energy Advisory Committee
FMPA’s Conservation and Renewable Energy Advisory Committee meets Monday at 10 a.m. via conference call to discuss fiscal 2016 funding for the ARP Conservation Program. The full agenda package is available on the Member Portal. Contact: Michele Jackson
Compliance Workshop
FMPA’s Compliance Department hosts a two-day Compliance Workshop on Tuesday and Wednesday at FMPA’s Orlando office. Discussion topics will include: cybersecurity, new North American Electric Reliability Corporation standards and more. Contact: Carol Chinn
Member City Visit
Bud Boudreaux and Mark McCain travel to Starke on Wednesday for a member city visit. They will meet with City Manager Tom Eharth, City Clerk Ricky Thompson and Policy Maker Liaison Committee member Scott Roberts.
ARP Telephonic Rate Workshop
The ARP Executive Committee meets Thursday at 2 p.m. via conference call for the monthly All-Requirements Project rate workshop. The agenda includes: 1) an update on natural gas markets and liquidity, 2) an overview of March operations, loads, costs and rate calculations, and 3) estimated rates for April through June. Contact: Jim Atz
All-Requirements Project Weekly Load Statistics
The weekly update of the All-Requirements Project historical load graph has been posted on the Member Portal. The graph is updated through April 5. Contact: Jim Atz
COMING UP
Business Planning and Budget Committee
FMPA’s Business Planning and Budget Committee meets April 14 at 9 a.m. in the Board room for its first review of the Agency’s proposed fiscal 2016 budget and its first review of the St. Lucie Project budget. Contact: Mark Larson
Policy Makers Liaisons Committee
The Policy Makers Liaisons Committee meets April 15 at 1 p.m. in the first-floor conference room. Lunch will be served at noon. Contact: Mark McCain
Audit and Risk Oversight Committee
The Audit and Risk Oversight Committee will meet April 16 at 9 a.m. in the Board room. Contact: Rich Popp
Board of Directors
FMPA’s Board of Directors will meet April 16 in the Board room at 10 a.m. or immediately following the Audit and Risk Oversight Committee. Contact: Nick Guarriello
ARP Executive Committee
The ARP Executive Committee will meet April 16 in the Board room at 10:30 a.m. or immediately following the Board of Directors meeting. Contact: Nick Guarriello
IT Community Roundtable
FMPA will host an Information Technology (IT) Community Roundtable on April 23 at 10 a.m. at FMPA’s Orlando office. The roundtable provides an opportunity for IT staff to meet with their peers to exchange ideas and experiences on current issues, such as email usage, computer security, product help, best practices and more. Attendance is free, and lunch will be provided. http://fmpa.com/event/it-community-roundtable-2/>
Human Resources Roundtable
FMPA will host a Human Resources (HR) Roundtable on April 30 at 10 a.m. at FMPA’s Orlando office. The roundtable provides a forum for participants to discuss HR topics, such as benefits, recruiting, employee retention, training, policies and more. The roundtable is free, and lunch will be provided. http://fmpa.com/event/human-resources-roundtable-april-30-2015/>
INDUSTRY NEWS
Duke to Add up to 500 MW of Solar Power by 2024
Duke Energy Florida plans to install as much as 500 MW of solar power by 2024, according to its Ten-Year Site Plan filed last Tuesday with the Florida Public Service Commission. The initial project will be up to 5 MW with 35 MW to be completed by 2018. Duke’s Ten-Year Site Plan also included: 1) capacity upgrades at its Hines Energy Center, 2) building a 1,640 MW combined-cycle natural gas plant in Citrus County that would come online in 2018, 3) purchasing the Calpine Osprey Energy plant, and 4) building four combustion turbine units at an unspecified location in 2024. Duke said the investments would allow it to retire half of its coal-fired units by 2018.
FMPA Weekly is published by FMPA for employees and goveing boards of FMPA member utilities. Questions or comments about this newsletter may be directed to Ryan Dumas or Christin Senior in FMPA’s Public Relations Department.
Want more background on the names and terms used in this newsletter? Check out FMPA’s Glossary, which features some of the most frequently mentioned committees, companies, places and terms, or contact the person named in each FMPA story to lea more. (Click here for the Staff Directory.)
Have a question, comment or story idea for the newsletter? FMPA welcomes your feedback at any time. Contact: Ryan Dumas or Christin Senior
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Tel 407 355-7767
Fax 407 355-5794
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