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2015 Budget Review Process (BRP) Preliminary List of Business Initiatives

2015 Budget Review Process (BRP) Preliminary List of Business Initiatives. Stakeholder Meeting September 22, 2014. Agenda. Purpose of this presentation is to: Provide stakeholders with a BRP status update

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2015 Budget Review Process (BRP) Preliminary List of Business Initiatives

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  1. 2015 Budget Review Process (BRP)Preliminary List of Business Initiatives Stakeholder Meeting September 22, 2014

  2. Agenda • Purpose of this presentation is to: • Provide stakeholders with a BRP status update • Provide stakeholders with an overview of the AESO’s preliminary list of business initiatives for 2015. Obtain initial feedback.

  3. 2015 BRP - StepsStatus Update

  4. 2015 BRP - Steps Calendar (revised) 3.0 Develop AESO Own Costs, Ancillary Service and Line Loss Forecasts (internal) June - September 5.0 AESO Board Decision November 14 – Stakeholder presentations 1.0 Notice to Stakeholders 2.0 Updated Business Initiatives AESO Board Decision 4.0 Technical Review Meetings with Stakeholders September 22 - Business Initiatives October 6 (Calgary) and October 8 (Edmonton) - Ancillary Service, Transmission Line Losses Costs Forecast and Own Costs 5.0 AESO Board Decision (continued) - finalize

  5. BRP ParticipantsConfirmed Stakeholders The following stakeholders have confirmed their participation in the 2015 BRP: • Alberta Direct Connect (ADC) • AltaLink • ATCO Electric • BP Canada Energy Group • Capital Power Corporation • EnerNOC • Industrial Power Consumers Association of Alberta (IPCAA) • Market Surveillance Administrator • TransCanada

  6. Preliminary List of Business InitiativesProcess to date • Steps • Strategic Objectives defined - Appendix I • 2014 business initiatives review - Appendix II • Develop preliminary list of 2015 business initiatives for consultation • Results • Strategic Objectives simplified (8 to 3) • Strategic Objective 1- FRAMEWORK • Strategic Objective 2 - VALUE • Strategic Objective 3 – PEOPLE • AESO’s business initiatives continue to be multi-year in nature • An update on 2014 business initiative progress and 2015 plans follows

  7. 2014 Business Initiatives – ReviewProgress highlights against 2014 plan • Reliability Coordinator Function (RC) – RC functionality for Alberta now being performed by the ISO • Alberta Reliability Standards (ARS) - Continued implementation of standards; Alberta CIP version 5 standards expected to be filed by year end • Wind Phase II – Major milestones completed • Demand Side Participation – LSSi assessment review completed; Rules expected to be in place to allow non-aggregated load to provide spinning reserve by year end • Transmission Constraints Management – Recommendation paper posted; Rule expected to be filed by year end • Market Systems Replacement – Request for proposal (RFP) phase including recommendation expected to be completed by year end • Compliance Monitoring – Outstanding ARS audits completed; Program revised and new audits concluded on or before target (120 day window) • Competitive Process – Successful RFP bidder for Fort McMurray W. expected to be selected by year end • Transmission Cost Monitoring - ISO Rule 9.1 revision ongoing; revised Rules expected to be filed by Q2 2015 • Transmission Development – System reinforcement (regional projects) and ongoing connections • Customer Connection cycle times –T-Reg amendments legislated and revised process options are in development (e.g. Market Participant Choice & Abbreviated Needs Approval Process) • Transmission Rate and Impact – Long term transmission rate impact projection updated and posted (with accompanying fact sheet) Following are status updates on various initiatives outlined in the 2014 business plan: www.aeso.ca Q2 2014 Financial Report - provides a complete initiative update

  8. Strategic Objective 1 – FRAMEWORKNote - New initiatives identified in red text

  9. Strategic Objective 2 – VALUENote - New initiatives identified in red text

  10. Strategic Objective 3 – PEOPLENote - New initiatives identified in red text

  11. Appendix 1

  12. AESO Strategies – 2014-2018 Plan • Strategic Objective 1 – FRAMEWORK: We will enable Albertans to continue to realize the value provided by robust competition and reliable operations, while providing our stakeholders with confidence to invest in the province as we guide the evolution of the electricity framework. • Strategic Objective 2 – VALUE: We will drive value throughout all that we do in the execution of our mandate by maintaining focus, striving for exceptional delivery, and upholding high standards of excellence while being adaptable to change. • Strategic Objective 3 – PEOPLE: We will continue to strengthen our workforce capacity and talent to enable the AESO to meet the changing needs of the organization.

  13. Appendix 2

  14. 2014 Business Initiatives – Review

  15. 2014 Business Initiatives – Review

  16. 2014 Business Initiatives – Review 2 OSI Soft software

  17. Thank you

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