Exhibit to Agenda Item #1

Transcription

1 Exhibit to Agenda Item #1 Board Meeting and Special SMUD Board of Directors Meeting Tuesday, July 18, 2017 Immediately following the Finance & Audit Committee scheduled to begin at 5:30 p.m. Customer Service Center, Rubicon Room Powering forward. Together.

2 SMUD EV Strategy Summary Invest to address key market barriers to increased EV adoption/revenue Increase awareness of EV benefits and visibility of SMUD as a fuel provider Mitigate grid impacts and improve EV value (utility and customer) through dynamic pricing signals and customer smart charging options CHALLENGES Market Adoption Barriers High Up-front cost of EV s Range Anxiety / Access to Charging Awareness Increase adoption in underserved communities Maximize grid value Mitigate distribution system impacts Maximize carbon reduction value Delineate EV load from home / building loads Support the integration of more renewable energy 7/18/2017 2

3 California is approximately 50% of the U.S. Market CA vs. National Market 2017 to-date Cumulative registrations CA Market PHEV BEV Historical hybrids 7/18/2017 3

4 BEV model availability, SUVs/Trucks Sports cars Sedans Hatchbacks Fiat 500e Mitsubishi i-miev Runabouts Kandi Panda Smart Renault Twizy ForTwo Ford Transit Small vans Land Rover Defender Mahindra everito SAIC E-Lavida CODA EV Toyota RAV4 M-B B-Class BYD e6 Honda Clarity BAIC EU260 JAC iev4 Renault Fluence BYD e5 Kia Ray Hyundai BMW i3 BlueOn M-B E-Cell VW e-golf Chevy Spark Honda Fit Ford Focus Nissan Leaf Renault Zoe ZE BMW mini e Nissan NV200 Peugeot Partner Hyundai Ioniq Tata IRIS Renault DeZir ChangAn Eado Smith Edison M-B Vito Trumpchi GS4 Qianto Q50 Renault Kangoo Source: Bloomberg New Energy Finance, Images various. Notes: Not exhaustive. (*) Range is speculated. Venturi Fetish Tesla Roadster M-B SLS edrive Aston Martin GLM G4 RapidE Exagon Furtive Geely Emgrand VW e-up Seat Mii* Mahindra e2o Bollore Bluesummer BYD T3 VW Budd-e ChangAn EM80 Jaguar I-Pace Mitsubishi ex Tesla Model Y* Mullen 700e NIO ES8* Tesla Model 3 VW e-bulli Chevy Bolt Audi E-tron Sportback Nissan Leaf 2* Tesla VW I.D.* pickup* BMW i5 Tesla Model S VW I.D. 7/18/ Chehejia SUV* NIO ES9 Tesla Model X LeEco LeSEE Audi R8 E-tron VW I.D. BUZZ VW I.D. CROZZ Volvo 40.2* M-B EQ Audi E-tron Quattro Porsche E-sport Tesla Roadster* NIO EVE Lucid Air Faraday FF91 +

5 SMUD Market Adoption / Load Planning Planning High Case 240,000 Vehicles in 2030 Mid Case 93,000 Vehicles Registrations per month New monthly registrations by vehicle Low Case 48,000 Vehicles Remaining PHEV Remaining BEV Volt LEAF Prius Prime Model S C-MAX Energi Bolt Currently 5600 PEV s in SMUD s Service Territory Sales have picked up since in the fall of 2016 Tesla Model 3 introduction in late July expected to accelerate the market 7/18/2017 5

6 2017 Drive Electric Incentive Program Customers who purchase or lease a new plug-in electric vehicle can select one of the following options: Charge Free for 2 Years - $599 rebate, OR Free Level 2 Charger First 6 months of 2017: 537 applications (473: $599 rebate, 64: L2 charger) Jan Feb Mar April May June $599 Rebate Free L2 Charger SMUD s EV Estimator Compare costs to buy and drive an EV versus a gas engine vehicle Environmental impact Discover rebates and tax credits Enhanced Outreach & Training Five Ride & Drive events planned for /18/2017 6

7 2017 Commercial EV Charger Incentives Workplace & Multifamily EV Charger Program $1500 per EV charger port Level 2 SMUD gets LCFS Credits Limits on # of chargers per site and # per customer DC Fast Charger Pilot $100,000 per project (Min. 2 DCFCs) 5 year co-branding / LCFS contract Chargers must be for public charging 7/18/2017 7

8 2017 R&D Transportation Electrification Projects Electric School Bus / Community Partners support SMAQMD, Twin Rivers, Sac City, Elk Grove SMAQMD SHRA Disadvantage Community Share Car Program support Managed charging research with low cost Wi-Fi based communication system Fleet / Workplace Charging / Assessment Tool research Medium and Heavy Duty Fuel Switching research Cal-Expo / State Fair Solar EV Charging 7/18/2017 8

9 2018 Program Planning / Additions Dealer Engagement Dealer training Dealer / Salesman incentive EV Business Connect Bundled Vehicle EVSE Outreach-Dealer Engagement Additional funding for customer infrastructure design support Electric Lift Truck Incentive Program LCFS funded Medium and Heavy Duty EV Activity Expansion Recent Black & Veatch market study completed RT Electric Transit Bus Support VW Electrify America Support 7/18/2017 9

10 VW & Electrify America Settlement Details Nationwide $15B Settlement for the 2.0L engine settlement $13B in Vehicle Buyback / Repairs and Penalties $2B for Electrify America ZEV infrastructure and education program California got $2B out of the national VW settlement $1.2B is going to CARB to mitigate the NOx emissions caused by VW Candidate investment includes Medium and Heavy Duty EV s $800M is part of the Electrify America Deployment (3 funding cycles) Sacramento Green City $44M EV Access Program for underserved communities $11M for Charging infrastructure (subject to modification) 26 L2 s, 50 DCFCers Sacramento also will get quick win infrastructure $ s TBD DCFC / Ultrafast Charger stations L2 Community Charging 7/18/

11 Other topics of interest Autonomous Vehicle Support ATOS (Autonomous Testing with Open Standards) Technology Trends 350kW Charging Plazas (5+ Chargers) Ability to charge vehicles in 8 minutes 1.5 to 2 MW Service Requirements Bundling Energy Storage with EV Charging Addresses demand charge exposure Enables higher level charging Quasi-real time pricing for renewables integration SDG&E Workplace Pilot Testing Facility Charge Management Systems Reduces facility capacity upgrades Demand charge avoidance / load flattening 7/18/

12 Questions 7/18/