Ensuring the future reliability of the Northwest electric power system while complying with policy goals to reduce carbon emissions is “a challenging process” involving “a mind-spinning array of uncertainties”.
The Council is set to make improvements to the Northwest’s resource adequacy assessment this year. John Fazio discussed the upcoming work to improve the annual assessment, which acts as an early warning of potential future power shortfalls.
The war in Ukraine will affect future natural gas prices in Europe, and possibly in the United States including in the Pacific Northwest.
As the Council prepares to revise its forecast of future wholesale power prices, power planning staff is closely monitoring wholesale power markets outside the region.
The Council has appointed Jennifer Light as interim director of power planning to replace Ben Kujala, who has taken a position starting in June with Dunsky Energy + Climate Advisors.
At its February meeting, Council members discussed scoping a workplan for a proposed lower Snake River dams analysis.
At its February meeting, the Council adopted its 2021 Northwest Power Plan to ensure a reliable and economic power supply for the region.