2023 Tri-State Investor Presentation slide image

2023 Tri-State Investor Presentation

A DIVERSE & RELIABLE GENERATION PORTFOLIO How we generate and purchase power is important to our members. Tri-State is able to meet our members' needs by deploying clean energy resources via our long-term purchase power contracts, an efficient fleet of owned generation resources and market purchases. Our diverse generation portfolio leverages the West's plentiful natural resources to generate reliable and affordable electricity for our membership. We manage risks and costs of power generation by utilizing clean energy resources, including hydropower, wind and solar. We back that up with our efficient base load-serving coal generating units, intermediate load-serving natural gas combined- cycle generating units, and peak load-serving natural gas and oil combustion turbines. To manage the costs of energy production, we use coal from Tri-State-owned mines and contract for other coal supplies through our cooperative network. In addition, several of our gas plants are dual fuel and allow for alternative fuel options, protecting us from market price volatility. Coal-fired base load facilities Gas/oil-fired facilities Renewables-contracts including WAPA Other contracts, including Basin Coal-fired base load facilities Gas/oil-fired facilities Renewables-contracts including WAPA 2022 Generation Portfolio Capacity (as of Dec. 31, 2022) 35% 18% 33%* 14% MW 0 500 1000 1500 2000 Projected Generation Portfolio Capacity for 2030 14% 17% 57% Storage 2% Other contracts, including Basin 10% MW 0 1000 2000 3000 4000 RESILIENCE 2023 TRI-STATE INVESTOR PRESENTATION | 11
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