HomeMy WebLinkAbout05-09-2022535 May 9, 2022
Safety Moment
The Electric Plant Board of the City of Paducab, Kentucky d/b/a Paduc ���L�UVL
r System ("PPS') held a regular Board Meeting on May 9, 2022, in
JUN 28 2022
:rence Room at the offices of Paducah Power System.
CITY CLERK
The meeting was called to order at 12:00 p.m. by Chairman Ed Hely who
led. Members of the Electric Plant Board present in addition to Chairman Hely
Hardy Roberts, Sandra Wilson, and Darryl Pea. PPS employees present were
Carroll, Rick Windhorst, Andrea Underwood, Doug Handley, Eileen Miller,
Thomasson, Katie Crowley (employee representative), and Sarah Durbin. Kent
(McMurry & Livingston), allomey for the Plant Board, also attended the
Chairman Hely fust called on Brian Thomasson who presented this month's
Moment on "Electrical Safety Month— Safety in Businesses and Homes."
Member Wilson than offered a motion, seconded by Member Roberts, to
Consent Agenda lapprove the Consent Agenda which consisted solely of approving the minutes of a
Update on Electric
Vehicle
Infrastructure
Development
of the Electric Plant Board held on April 11, 2022. The motion was
unanimously with all members saying aye.
Chairman Hely then called on Doug Handley, the PPS Director of Finance,
Supply and Rates, who made a presentation on the deployment of electric
vehicles (EV) infrastructure in Kentucky and PPS efforts to keep abreast of EV
developments and possibly participate by providing charging infrastructure. Mr.
Handley discussed the resources available through American Public Power
Association (APPA), American Municipal Power (AMP), and Kentucky Municipal
Utility Association (KMUA) to learn about national and state programs and funding
opportunities for charging stations. He observed that the Commonwealth of Kentucky
has designated Interstates 65, 75, and 71 as Alternative Fuel Corridors which would
be eligible for funding through federal and state programs. It is not known whether
Interstate 24 will ever be designated as an Alternative Fuel Corridor. Mr. Handley
noted that Dave Carroll serves on the Boards of Directors for APPA, AMP, and
KMUA and is well-positioned to track developments in the EV industry. PPS will
continue to monitor the EV industry and any opportunities to participate in the
536 relay 9, 2022
of EV transportation infrastructure. He concluded by noting that PPS
an application available on its website that permits customers to evaluate the cost
of owning an EV. Doug Handley and Dave Carroll then addressed
questions and comments of Board Members concerning the provision of
service to PPS customers owning EVs and possible participation of PPS in
ng EV infrastmctme.
Chairman Hely then asked PPS CEO Dave Carroll to provide an update on the
of the annual Midcontinent Independent System Operator (MISO) Planning
ce Auction (PRA). Mr. Carroll reported that the PRA held in April 2022
Update on MISO esulted in capacity prices of $236.66/MW-day across MISO's central and northern
Planning Resource
Auction for 2022- Bions. This capacity price represents an increase from about $5/MW-day only a year
2023
ago and was driven by an increase in projected electricity use and a decrease in power
He explained that even though nameplate capacity of generation increased in
north and central regions, actual accredited capacity decreased as coal-fired
and solar resources. This decrease occurs at a time when
use is returning to pre-pandendc levels. Mr. Carroll noted that the recent PRA
a 1,230 -MW shortfall of capacity in four MISO zones, including Zone 4 in
the Prairie State generating facility is located. He further advised that the
auction results indicate that MISO may have to order temporary rolling blackouts if
there are times when power demand outstrips supply. He then reviewed historical
capacity pricing in MISO and emphasized the importance of understanding the
capacity market and closely monitoring that market for purposes of Paducah Power
System's planning efforts for coming years.
Member Wilson then offered a motion seconded by Member Pea that the
Adjournment ! meeting of the Electric Plant Board be adjourned. The motion was adopted with all
members saying aye, whereupon the meeting s adjourned.
CHAIRMAN