Powering A Sustainable Energy Future

1
Powering A Sustainable Energy Future

• THE ELECTRICITY AND CONSERVATION STRATEGY FOR
  MEETING SASKATCHEWANS NEEDS

Standing Committee on Crown and Central
Agencies October 6, 2009
2
The Day Ahead

• SaskPower overview and challenges
• Pat Youzwa, President Chief Executive Officer -
  40 minutes
• Future demand for power . . . forecasting
• Judy May, Vice-President, Customer Services - 40
  minutes
• Aging infrastructure
• Mike Marsh, Vice-President, Transmission
  Distribution - 15 minutes
• Supply planning process . . . SaskPowers future
  supply plan . . . future supply options
• Gary Wilkinson, Vice-President, Planning,
  Environment Regulatory Affairs - 120 minutes
• Energy efficiency and conservation
• Judy May - 15 minutes
• Impacts of a growing economy . . . conclusion
• Pat Youzwa - 10 minutes
• Questions

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Overview of SaskPower
4
SaskPowers Story

• Our mission Safe, reliable and sustainable
  power for our customers.
• Formed through The Power Commission Act in 1929,
  SaskPower is a provincial Crown corporation.
• SaskPower manages 4.5 billion in generation,
  transmission and distribution assets, and
  provides customer services and corporate support
  services.
• SaskPowers team is made up of more than 2,500
  permanent full-time employees in 71 communities
  throughout the province.

Working together for the past 80 years to meet
the energy needs of the people of Saskatchewan
now and into the future.
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SaskPower Facilities
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SaskPower Generation Sources

• SaskPower operates three coal-fired power
  stations, seven hydroelectric stations, four
  natural gas stations and two wind facilities
• Power is also purchased from the SunBridge Wind
  Power Project, Meridian Cogeneration Station,
  Cory Cogeneration Station and the NRGreen
  Kerrobert, Loreburn, Estlin and Alameda Heat
  Recovery Projects
• SaskPowers total available generating capacity
  is 3,641 MW
• Coal-fired electricity serves as the foundation
  of the SaskPower system
• Efforts are made to maximize existing coal, hydro
  and wind generation, which have the lowest
  incremental cost per unit of generation

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Generation Infrastructure . . . Coal

• Boundary Dam Power Station
• Located west of Estevan
• Largest lignite-coal burning power station in
  Canada
• 6 units with a combined generating capacity of
  824 MW
• First unit commissioned in 1959
• Significant capital injection or retirement dates
  for the units range from 2014 to 2025
• Shand Power Station
• Located east of Estevan
• Recognized for advanced environmental design
• 1 unit with a generating capacity of 276 MW
• Commissioned in 1992
• Significant capital injection or retirement date
  for the unit is 2038

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Generation Infrastructure . . . Coal

• Poplar River Power Station
• Located east of Coronach
• Home to SaskPowers Emissions Control Research
  Facility
• 2 units with a combined generating capacity of
  582 MW
• First unit commissioned in 1981
• Significant capital injection or retirement dates
  for the units range from 2026 to 2028

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Generation Infrastructure . . . Natural Gas

• Queen Elizabeth Power Station
• Located along the banks of the South Saskatchewan
  River in Saskatoon
• 8 units with a combined generating capacity of
  322 MW
• First unit commissioned in 1958
• Significant capital injection or retirement dates
  for the units range from 2012 to 2029
• Landis Power Station
• Located near Landis
• 1 unit with a generating capacity of 79 MW
• Commissioned in 1975, refurbished in 1999
• Significant capital injection or retirement date
  for the unit is 2014

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Generation Infrastructure . . . Natural Gas

• Success Power Station
• Located near Swift Current
• 3 units with a generating capacity of 30 MW
• Commissioned in 1967/1968
• Retirement date for the units is December 2009
• Meadow Lake Power Station
• Located near Meadow Lake
• 1 unit with a generating capacity of 44 MW
• Commissioned in 1984
• Significant capital injection or retirement date
  for the unit is 2015

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Generation Infrastructure . . . Hydro

• Coteau Creek Hydroelectric Station
• Located on the South Saskatchewan River near
  Outlook
• Draws water from Gardiner Dam on Lake Diefenbaker
• 3 units with a combined generating capacity of
  186 MW
• Commissioned in 1968
• Significant capital injection or retirement dates
  for the units range from 2035 to 2039
• Nipawin Hydroelectric Station
• Located on the Saskatchewan River near Nipawin
• 3 units with a combined generating capacity of
  255 MW
• Commissioned in 1985/1986
• Significant capital injection or retirement dates
  for the units range from 2021 to 2023

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Generation Infrastructure . . . Hydro

• E.B. Campbell Hydroelectric Station
• Located on the Saskatchewan River near Nipawin
• 8 units with a combined generating capacity of
  288 MW
• First units commissioned in 1963
• Significant capital injection or retirement dates
  for the units range from 2035 to 2043
• Island Falls Hydroelectric Station
• Located on the Churchill River near the
  Saskatchewan-Manitoba border.
• The station was built by the Churchill River
  Power Company to supply power for mining
  operations in Flin Flon
• 7 units with a combined generating capacity of
  102 MW
• First units commissioned in 1928
• Significant capital injection or retirement dates
  for the units range from 2024 to 2043

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Generation Infrastructure . . . Hydro
Athabasca System Hydroelectric Stations

• Wellington Hydroelectric Station
• Located near Uranium City
• 2 units with a combined generating capacity of 5
  MW
• First unit commissioned in 1939
• Significant capital injection or retirement date
  for the units is 2041
• Waterloo Hydroelectric Station
• Located downstream from Wellington
• 1 unit with a generating capacity of 8 MW
• Commissioned in 1962
• Significant capital injection or retirement date
  for the unit is 2041
• Charlot River Hydroelectric Station
• Located downstream from Waterloo
• 2 units with a combined generating capacity of 10
  MW
• Commissioned in 1980
• Significant capital injection or retirement dates
  for the units are currently being determined

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Generation Infrastructure . . . Wind

• Centennial Wind Power Facility
• Located southeast of Swift Current
• One of Canadas largest wind facilities
• 83 wind turbines with a combined generating
  capacity of 150 MW
• First turbines commissioned in March 2006
• Significant capital injection or retirement date
  for the turbines is 2026
• Cypress Wind Power Facility
• Located southwest of Gull Lake
• First wind generating facility built by SaskPower
• 16 wind turbines with a combined generating
  capacity of 11 MW
• First turbines commissioned in 2002
• Significant capital injection or retirement dates
  for the turbines range from 2022 to 2023

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Power Purchase Agreements

• Cory Cogeneration Station
• Located at the Potash Corporation of
  Saskatchewans Cory mine site near Saskatoon
• 228 MW natural gas-fired cogeneration facility
• Owned 50 by SaskPower and 50 by ATCO Power
• Commissioned in 2003
• Power Purchase Agreement expires in 2028
• Meridian Cogeneration Station
• Located at the Husky heavy oil upgrader near
  Lloydminster
• 210 MW natural gas-fired cogeneration facility
• Commissioned in 1999
• Power Purchase Agreement expires in 2024

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Power Purchase Agreements

• NRGreen Heat Recovery Projects
• (Alameda, Estlin, Kerrobert, Loreburn)
• Four waste heat recovery units will generate 20
  MW Commissioned in 2006 and 2008
• Power Purchase Agreements expire from 2016 to
  2018
• SunBridge Wind Power Project
• 17 turbines with a combined generating capacity
  of 11 MW
• Commissioned in 2002
• Power Purchase Agreement expires in 2022
• Red Lily Wind Power Project
• 25 MW facility near Moosomin
• Scheduled to be operational in 2011

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Transmission Distribution Infrastructure

• Extensive network
• SaskPower is connected to adjoining electrical
  utilities in Manitoba, Alberta and North Dakota
  through 7 tie-lines
• Second largest service area in Canada Lowest
  customer density in Canada.
• SaskPower serves 3 customers per kilometre of
  line versus a Canadian utility average of 12
  customers per kilometre

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Transmission Infrastructure

• Net Asset base of 397 million
• 13,500 kilometres of high voltage transmission
  lines
• 72,000 volts
• 138,000 volts
• 230,000 volts
• 52 high voltage switching stations
• Monitored and controlled through the Grid Control
  Centre

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Transmission Infrastructure

• Grid Control Centre (GCC)
• Directs the safe and reliable operation of the
  power system
• Implements and administers the Open Access
  Transmission Tariff Services (OATT)
• Operates in compliance with NERC standards and
  requirements

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Transmission Infrastructure

• Communication, Protection and SCADA
• (Supervisory Control and Data Acquisition)
• Provides remote operations and control of
  SaskPower facilities
• Generators
• Switching stations
• Transmission lines
• Substation facilities
• Protection systems designed and implemented to
  maintain reliability and minimize service
  disruptions
• Captures real time information to support system
  operations

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Distribution Infrastructure

• Net asset base of 1.2 billion
• 144,400 kilometres of distribution voltage lines
• 25,000 volts
• 14,400 volts
• Overhead and underground
• 182 distribution substations
• More than 150,000 pole top and pad mounted
  transformers

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SaskPowers Supply Challenge

• SaskPower is facing an unprecedented demand for
  power from customers due to the momentum of the
  provincial economy
• Need to retire/refurbish aging infrastructure
• Environmental regulations have yet to be defined
  and may influence SaskPowers choice of
  electrical generation options
• Coal-fired generation may not continue as it has
  in the past
• SaskPower will have to rebuild, replace or
  acquire 4,100 MW of electricity by 2030
• Operational challenges with adding new generation

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Growing Demand for Power
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The Demand for Power

• Setting records at SaskPower in 2008
• Record spent on connecting new customers
• Record new applications for service in 2008
• Record peak load
• Increasing demand for power
• In the past 10 years, demand has grown by an
  average of 1.3 each year
• During the next decade, demand is expected to
  increase by approximately 3 per year
• Average growth of over 110 MW per year
• 110 MW is enough electricity to supply power to
  approximately 110,000 households

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Forecasting Demand

• Load forecast inputs
• Information provided by industrial customers
• Economic variables from the provincial economic
  model
• Gross domestic product
• Population
• Households (residential and farm)
• Commercial data (using real domestic product
  variables)
• Weather normalization
• Residential and commercial end-use data (customer
  surveys)
• Historic load data

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Energy Forecast
Energy (GWh)
Years
For planning purposes, SaskPower uses a
statistical analysis to develop high, low and
most likely load forecasts
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Peak Load Forecast
Megawatts
Years
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Customers Our Reason for Business

• SaskPowers customer base is comprised of more
  than 460,000 accounts
• Residential 328,719 accounts
• Farm 62,712 accounts
• Commercial 54,563 accounts
• Oilfield 13,932 accounts
• Industrial - 78 accounts
• Reseller - 2 accounts

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Customers Our Reason for Business
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Where Demand is Growing

• Industrial customers
• Customers who consume large amounts of
  electricity directly from the transmission grid
• 35 customers currently account for 45 of the
  energy used in the province
• Forecast average annual system energy growth
  (2009-2019) 3.5
• Forecast average annual power class energy growth
  (2009-2019) 6.7

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Aging Infrastructure
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Aging Infrastructure

• Transforming the system
• SaskPowers province-wide electrical
  infrastructure (generation/transmission and
  distribution) was mostly built 30-50 years ago
• Infrastructure is aging and running close to full
  capacity
• SaskPower continues to replace and refurbish
  aging electrical infrastructure to meet the
  electrical needs of the people of Saskatchewan as
  it has for the past 80 years
• Will extend the life of existing infrastructure,
  where prudent
• Many areas have already been life-extended or
  rebuilt
• Problem common to electrical utilities throughout
  North America

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Aging Generation Infrastructure

• 4 generation stations built prior to 1960
• 4 generation stations built 1961 to 1970
• 1 generation station built 1971 to 1980
• 4 generation stations built 1981 to 1990
• 1 generation station built in 1992 (Shand Power
  Station)

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Aging Transmission Infrastructure

• Many lines are more than 40 years old
• Current capacity requirements exceed original
  design of many existing lines
• Original portions of the system were built for
  provincial needs, not for export
• North American Electric Reliability Corporation
  (NERC) and other regulatory issues resulting in
  system redesign and investment to ensure
  reliability standards
• 500 million in capital spending estimated over
  next 10 years

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Aging Distribution Infrastructure

• The capacity of existing lines is being exceeded
  as the economy grows
• Increases to substation transformer capacity
  required in many locations
• Over 1.2 million power poles in Saskatchewan
• Programs currently underway to address aging
  infrastructure
• Rural overhead and underground rebuild program
• Substation rebuilds and transformer upgrades
• Wood pole replacement program
• 400 million in capital spending estimated over
  next 10 years

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Transmission Load Growth

• Large industrial customers moving forward with
  new projects and expansion of existing facilities
• Increase transmission grid capacity to
  accommodate future overall load growth and ensure
  continued reliability
• Connecting new generation to the grid
• Ermine gas turbine addition
• Queen Elizabeth Power Station gas turbine
  addition
• NRGreen
• 1 billion in capital spending estimated over the
  next 10 years if economy remains strong

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Distribution Load Growth

• New customer connections for
• Residential
• Commercial
• Oilfield
• Upgrades to substation capacity and other
  equipment to accommodate increased customer load
  growth
• 1 billion in capital spending estimated over the
  next 10 years if economy remains strong

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Distribution Load Growth
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Other Challenges
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Environmental Challenges

• Improving environmental performance
• Climate change has the single largest potential
  to shape the energy future of SaskPower
• Federal and provincial regulations
• Significant cost impacts for SaskPower and its
  customers
• Nearly 60 of SaskPowers generation capacity is
  fossil-fuel based - using coal and natural gas
• Regulations regarding coal generation are
  changing
• Coal-fired generation may not continue as it has
  in the past
• Anticipated need to reduce sulphur dioxide (SO2),
  nitrogen oxides (Nox), mercury and particulates
• 1.8 billion to reduce emissions to meet expected
  federal standards
• Last coal power station built in 1992 (Shand)

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Operational Challenges

• Balancing the system
• A combination of baseload, intermediate,
  intermittent and peaking power are required to
  run the electrical system and meet the needs of
  the people of Saskatchewan
• Baseload power is the minimum amount of electric
  power delivered or required over a given period
  of time at a steady rate
• Intermediate power plants meet demand during peak
  business hours of the week and colder months of
  the year
• Intermittent power facilities cannot be
  dispatched (turned off and on to meet demand) and
  only produce power when the resource they depend
  upon is available
• Peaking power units only operate at times of peak
  system demand, such as suppertime.
• This supply combination provides SaskPower with
  the flexibility to serve a demand for power than
  can swing from 500 to 1,000 MW daily as loads
  drop overnight and rise in the morning

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Operational Challenges

• Balancing the system
• SaskPower must constantly and precisely balance
  the supply of power and the demands of customers
• Interconnection with neighbouring jurisdictions
  can have a significant impact on the reliability
  of the interconnected systems. Reliability
  standards require SaskPower and other electric
  system operators to maintain sufficient
  transmission infrastructure and generating
  capacity to withstand the sudden loss of the
  largest generators in their fleets

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Operational Challenges
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Operational Challenges
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Operational Challenges
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Supply Planning Process

• At any given time, SaskPower is engaged in a
  comprehensive and well defined process of supply
  planning
• Use a well-established power supply methodology
  common to other electric utilities
• Work with customers to forecast requirements
• Assess existing system capabilities
• Evaluate alternative supply options
• Information is used to create possible scenarios
  that assist in identifying the appropriate future
  supply, demand side management and transmission
  resources
• Load forecasts
• Generation retirements
• Yearly maintenance of existing facilities
• Current and potential environmental regulations
• Fuel, capital and operating costs
• Transmission constraints

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Supply Planning Process

• Making decisions
• Consider all-in costs (impacts consideration of
  various options)
• In the short-term, the key is to make timely
  decisions to meet lead time requirements
• Over the longer term, the key is to apply
  resources and undertake research to better
  understand the supply options
• Do not want to lock into an option earlier than
  required
• Allow time for changes in regulations, technology

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Considering Options for the Future

• Some supply options are best suited to meet
  baseload requirements, while others can be used
  to meet peaks in demand or as intermediate and
  intermittent generation sources
• The right mix gives us the security of
  electricity supply
• SaskPower has historically relied upon coal
  because of the abundance of this secure and
  low-cost fuel in Saskatchewan
• Coal-fired generation may not continue as it has
  in the past
• Attempting to employ environmentally friendly
  generation sources while minimizing costs for
  customers

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Short-Term Supply Plan

• Short-term . . . 2009-2014
• Saskatchewans short-term electrical supply is
  secure
• SaskPower has a timely and comprehensive strategy
  in place to meet the provinces electricity needs
  through 2014
• The necessary actions are already underway to
  ensure the appropriate infrastructure is in place
  to meet projected demand

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(No Transcript)
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Short-Term Supply Plan

• Short-term . . . 2009-2014
• Using customer-focused energy efficiency,
  conservation and load management programs to
  deliver 75 MW of reduced energy consumption and
  120 MW of peak demand reduction
• Installing natural gas turbines that enhance
  system flexibility, laying the groundwork for the
  addition of more wind power
• Pursuing new generation technologies, including
  the development of one of the worlds first and
  largest integrated carbon capture and
  sequestration demonstration projects
• Undertaking short-term import contracts with
  neighbouring utilities
• Improving short-term load forecasting
• next day/next hour forecasting

Saskatchewans short-term needs are being
addressed strategically and decisively.
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Short-Term Supply Plan

• Short-term . . . 2009-2014
• Upgrading voltages and constructing new lines to
  reduce line losses on the transmission system
• Building on the work of the SaskPower Wind Power
  Integration and Development Unit
• Continuing pioneering work in Canada on
  incorporating more wind into the provincial
  electrical system
• Improving wind forecasting capabilities
• Saskatchewans 4.7 wind penetration is more than
  double the national average of 2.3
• Possibility may exist to double provinces wind
  penetration in coming years
• IPP development of renewables, including wind and
  biomass

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A Leader in Wind Power
Note This data was compiled as of October 1,
2009. However, the data used for this graph is
evolving continuously. Installed capacities can
vary depending on what units are available to a
jurisdiction. Wind development is continuing in
several provinces. The data used is only current
to the dates displayed in the source data and
should be updated frequently to ensure the
installed remains correct.
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Short-Term Supply Plan
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Medium-Term Supply Plan

• Medium-term . . . 2015-2022
• Continuing demand response initiatives as well as
  expanding energy efficiency, conservation and
  load management programs to deliver over 100 MW
  of saved energy
• First Nations partnerships - hydro development
• IPP development of renewables.
• Pursuing new generation technologies
• Undertaking intertie capacity increases with
  neighbouring utilities
• Evaluating numerous supply options, including
  biomass, carbon capture and sequestration,
  cogeneration, compliant coal, heat recovery,
  hydro, imports, natural gas, polygeneration,
  solar and wind
• Investigating electricity storage and smart grid
  technologies

Over the medium-term, several viable generation
supply options are under review.
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Medium-Term Supply Plan
The period will see an overall supply requirement
of 1,017 MW that includes 677 MW of load growth
and the retirement or refurbishment of 340 MW of
generation
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Long-Term Supply Plan

• Long-term . . . 2023-beyond
• Continued expansion of energy efficiency and
  demand response initiatives to deliver an
  additional 200 MW of saved energy and the related
  demand reductions
• Pursuing new generation technologies
• Evaluating numerous supply options, including
  biomass, carbon capture and sequestration,
  cogeneration, compliant coal, heat recovery,
  hydro, imports, natural gas, nuclear (small and
  large), polygeneration, solar and wind

SaskPowers long-term supply plan involves
large-scale options that are currently undergoing
detailed analysis.
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Long-Term Supply Plan
The period will see an overall supply requirement
of 1,985 MW that includes 410 MW of load growth
and the retirement or refurbishment of 1,575 MW
of generation
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Planning Assumptions

• Generation options under consideration for the
  medium- and long-term time frames are presented
  alphabetically, with the estimated busbar power
  cost
• The busbar power cost is the expense of producing
  electricity to the point it leaves the plant
• The "overnight" installed capital cost is the
  cost to build the power plant as if the project
  was completed overnight
• For comparison purposes, the average cost of
  SaskPower generation at present is 5.78 /kWh.
  This figure does not include costs for
  transmission or distribution

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Future Supply Options
Biomass (baseload power) 6 to 11/kWh 3,000 to
6,600 /kW
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Future Supply Options
Carbon capture and sequestration (baseload power)
8 to 13/kWh 7,200 10,000 /kW
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Future Supply Options
Coal compliant with present emissions guidelines
(baseload power) 7 to 10/kWh 4,300 to 5,700
/kW
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Future Supply Options
Hydro - reservoir (peaking, intermediate,
baseload power) 7 to 10/kWh -
run-of-river (baseload power) 7 to 10/kWh
3,000 to 6,000 /kW
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Future Supply Options
Imports - long-term (peaking, baseload power)
 cost highly variable
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Future Supply Options
Natural gas-fired generation - simple cycle gas
turbine (peaking to baseload power) cost
not applicable for comparison due to low capacity
factor
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Future Supply Options
Natural gas-fired generation - combined cycle
combustion turbine (intermediate to
baseload power) 8 to 13/kWh 1,500 2,400
/kW
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Future Supply Options
Natural gas-fired generation - cogeneration
(baseload power) 7 to
12/kWh 1,500 to 2,400 /kW
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Future Supply Options
Nuclear (baseload power) 8 to 10/kWh 5,000 to
7,200 /kW (includes allowance for
decommissioning and interim fuel storage)
69
Future Supply Options
Polygeneration (baseload power) cost highly
variable and project specific
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Future Supply Options
Solar (intermittent power) 43 to 180/kWh
7,000 to 13,000 /kW
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Future Supply Options
Wind (intermittent power) large 6 to 10/kWh
2,000 to 3,000 /kW (150 MW or more) small 12
to 22/kWh 3,600 to 4,700 /kW (1 MW to 10 MW)
micro 27 to 57/kWh 4,000 to 10,000 kW (10 kW
or less)
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Energy Efficiency and Conservation
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Energy Efficiency at SaskPower Facilities

• Recent rebuild of existing coal facilities
  improves efficiency by 2-3
• New natural gas generating stations are more
  efficient than earlier designs
• Hydro optimization and efficiency improvements at
  E.B. Campbell and Island Falls hydroelectric
  stations
• Updating line voltages and constructing new power
  lines results in lower line losses and more
  efficient transmission of energy

74
Demand Side Management

• Reducing the need for generation
• Demand side management focuses on energy
  efficiency, conservation and altering patterns of
  electricity use
• Working with customers to reduce and adjust
  energy use lessens the overall demand for power
• Load management programming will deliver 120 MW
  of peak demand reduction
• By 2017, energy efficiency programming will
  deliver 100 MW of savings
• 10-15 from industrial
• 50-60 from commercial
• 30-35 from residential
• Up to 10 from customer self-generation with
  renewables
• SaskPowers long-term target is a total of 300 MW
  of energy savings
• Work is underway to determine additional capacity
  savings for the long term

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Working With Our Customers

• Homeowners
• SaskPower delivers a variety of programs aimed at
  increasing the use of energy efficient products
• Energy Star Furnace Motor and Air Conditioner
  Program
• High Efficiency Lighting Program
• The Residential Geothermal and Self-Generated
  Renewable Power Program encourages smaller-scale,
  environmentally responsible generation

SaskPower Eneraction is a portfolio of energy
efficiency, load management and conservation
programs to help customers make informed
decisions about what they can do to reduce
electrical consumption
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Working With Our Customers

• Commercial/municipal/industrial customers
• SaskPowers Energy Performance Contracting
  Service is helping reduce energy-related
  operating costs through efficiency upgrades to
  health care, education, and office facilities
• A commercial lighting program has been launched
  in partnership with electrical distributors,
  providing premium, high-performance energy
  efficient fluorescent lighting at the cost of
  standard equipment
• This fall SaskPower will launch a retrofit
  program to assist municipalities reduce operating
  costs in ice rinks
• A program to promote geothermal heating to
  commercial customers is underway
• Development work has begun on an energy
  efficiency service for industrial facilities

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Working With Our Customers

• Demand Response
• SaskPower is working on a program targeted at
  industrial customers to reduce the demand for
  electricity when requested by SaskPower
• Demand Response initiatives are expected to
  offset 120MW peak demand
• Net Metering
• Allows customers who generate their own
  electricity to feed excess power back to
  SaskPowers system
• Only environmentally friendly technologies are
  eligible
• Provincial incentives available

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What it Means for Saskatchewan
79
Impacts of a Growing Economy

• Investing in Saskatchewan
• SaskPowers supply plan will deliver a modern,
  efficient, reliable and environmentally
  sustainable power system to the people of
  Saskatchewan
• A stable supply of electricity is essential to
  help sustain the momentum of the provincial
  economy
• Regardless of the supply options chosen, the
  costs associated with new/refurbished generation,
  transmission and distribution facilities will
  cause SaskPowers expenses to increase
• During the next decade, the current projected
  cost to fill SaskPowers supply need while
  meeting regulatory requirements is 15 billion
• SaskPower has firm plans for 8 billion of these
  capital expenditures, with action specific
  decisions pending on the remaining 7 billion
• SaskPower will seek to minimize the impact of
  rate adjustments through
• conservation and productivity programs

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Closing Remarks

• Saskatchewans short-term supply is secure and
  SaskPower is preparing for the medium and long
  terms
• The necessary actions are already underway to
  ensure the appropriate infrastructure is in place
  to meet projected demand
• Saskatchewan residents will benefit from a
  modern, efficient, reliable and environmentally
  sustainable power system, along with competitive
  rates today and into the future
• Welcome input from the public and industry
  experts into the medium-term and long-term
  generation supply options
• We are committed to an open, transparent supply
  planning process
• As we have done for the past 80 years, SaskPower
  will work with the people of Saskatchewan to meet
  the provinces energy needs now and into the
  future