2019 Integrated Resource Plan

Total Page:16

File Type:pdf, Size:1020Kb

2019 Integrated Resource Plan INTEGRATED RESOURCE PLAN 2019 JUNE • 2019 BALANCING OUR ENERGY NEEDS • TODAY AND TOMORROW SAFE HARBOR STATEMENT This document may contain forward-looking statements, and it is important to note that the future results could differ materially from those discussed. A full discussion of the factors that could cause future results to differ materially can be found in Idaho Power’s filings with the Securities and Exchange Commission. Printed on recycled paper Idaho Power Company Table of Contents TABLE OF CONTENTS Table of Contents ............................................................................................................................. i List of Tables ...................................................................................................................................v List of Figures ................................................................................................................................ vi List of Appendices ........................................................................................................................ vii Glossary of Acronyms ................................................................................................................. viii 1. Summary ....................................................................................................................................1 Introduction ................................................................................................................................1 Public Advisory Process ............................................................................................................2 IRP Methodology .......................................................................................................................2 Greenhouse Gas Emissions ........................................................................................................4 CO2 Emissions Reduction ....................................................................................................5 Idaho Power Clean Energy Goal— Clean Today. Cleaner Tomorrow.™ ..................................5 Portfolio Analysis Summary ......................................................................................................6 Action Plan (2019–2026) ...........................................................................................................7 2. Political, Regulatory, and Operational Issues ............................................................................9 Idaho Strategic Energy Alliance ................................................................................................9 Idaho Energy Landscape ............................................................................................................9 State of Oregon 2018 Biennial Energy Report ........................................................................10 FERC Relicensing ....................................................................................................................11 Idaho Water Issues ...................................................................................................................12 Variable Energy Resource Integration .....................................................................................14 Community Solar Pilot Program ..............................................................................................16 Renewable Energy Certificates ................................................................................................17 Renewable Portfolio Standard .................................................................................................18 Carbon Adder/Clean Power Plan .............................................................................................18 3. Idaho Power Today ..................................................................................................................20 Customer Load and Growth .....................................................................................................20 2018 Energy Sources ...............................................................................................................22 Existing Supply-Side Resources ..............................................................................................22 Hydroelectric Facilities ......................................................................................................23 Coal Facilities ....................................................................................................................27 2019 IRP Page i Table of Contents Idaho Power Company Natural Gas Facilities and Salmon Diesel .........................................................................28 Solar Facilities ...................................................................................................................28 Public Utility Regulatory Policies Act ...............................................................................31 Power Purchase Agreements..............................................................................................32 Wholesale Contracts ..........................................................................................................33 Power Market Purchases and Sales ....................................................................................33 4. Future Supply-Side Generation and Storage Resources ..........................................................35 Generation Resources ..............................................................................................................35 Renewable Resources ..............................................................................................................35 Solar ...................................................................................................................................35 Geothermal .........................................................................................................................41 Hydroelectric......................................................................................................................41 Wind ...................................................................................................................................42 Biomass ..............................................................................................................................42 Thermal Resources...................................................................................................................42 Natural Gas-Fired Resources .............................................................................................42 Nuclear Resources .............................................................................................................45 Coal Resources...................................................................................................................45 Storage Resources ....................................................................................................................46 Battery Storage...................................................................................................................46 Pumped-Storage Hydro ......................................................................................................47 5. Demand-Side Resources ..........................................................................................................48 Demand-Side Management Program Overview ......................................................................48 Energy Efficiency Forecasting—Potential Assessment...........................................................48 Alternative DSM Modeling Methods ......................................................................................49 Sensitivity Modeling ..........................................................................................................49 Technical Achievable Supply Curve Bundling ..................................................................49 Future Energy Efficiency Potential ....................................................................................51 DSM Program Performance and Reliability ............................................................................51 Energy Efficiency Performance .........................................................................................51 Energy Efficiency Reliability ............................................................................................52 Demand Response Performance ........................................................................................53 Demand Response Resource Potential.....................................................................................54 Page ii 2019 IRP Idaho Power Company Table of Contents T&D Deferral Benefits ............................................................................................................54 6. Transmission Planning .............................................................................................................56 Past and Present Transmission .................................................................................................56 Transmission Planning Process................................................................................................57 Local Transmission Planning .............................................................................................57 Regional Transmission Planning
Recommended publications
  • Recreational Use Associated with the Snake River in the Hells Canyon
    5HFUHDWLRQDO 8VH $VVRFLDWHG ZLWK WKH 6QDNH 5LYHU LQ WKH +HOOV &DQ\RQ 1DWLRQDO 5HFUHDWLRQ $UHD Hh uhyy7 Srp rhvSr pr6hy 7HFKQLFDO 5HSRUW $SSHQGL[ ( Ari h !! 5HYLVHG-XO\ Cryy8h8yr A@S8I (& &RS\ULJKWE\,GDKR3RZHU&RPSDQ\ Idaho Power Company Recreational Use Associated with the Snake River TABLE OF CONTENTS Table of Contents............................................................................................................................. i List of Tables ................................................................................................................................. iii List of Figures................................................................................................................................ iii List of Appendices ........................................................................................................................ vii Abstract............................................................................................................................................1 1. Introduction.................................................................................................................................3 1.1. Associated Studies and Technical Reports ........................................................................3 1.2. USFS–HCNRA Boating-Related Regulations...................................................................4 1.2.1. Types of Watercraft Allowed in the HCNRA...........................................................4 1.2.2. Boating Regulation
    [Show full text]
  • View Annual Report
    Stepping Forward Entering a new era for energy. 2009 Annual Report $2.64 $2.51 $2.17 $1.86 IDACORP is stepping forward on $1.50 all fronts ensuring your company is positioned to succeed in a new era for energy. 2005 2006 2007 2008 2009 Earnings Per Share (Diluted) Current Annual Dividend $1.20 2009 Highlights Thousands of Dollars, Except Per Share Amounts 2009 2008 % Change 9.5% 8.9% 7.5% 6.8% Electric Utility Revenues $1,045,996 $956,076 9.4 6.2% Other Revenue $3,804 $4,338 <12.3> Total Operating Revenues $1,049,800 $960,414 9.3 Net Income $124,350 $98,414 26.4 Earnings Per Diluted Common Share $2.64 $2.17 21.7 2005 2006 2007 2008 2009 Dividends Paid Per Common Share $1.20 $1.20 -- Return on Total Assets $4,238,727 $4,022,845 5.4 Year-End Equity Number of Employees (full time) 1,994 2,073 <3.8> 36.4% 20.8% IDACORP, Inc.—Boise, Idaho-based and formed in 1998—is a holding 16.5% 16.1% 13.6% company comprised of Idaho Power Company, a regulated electric 10.7% utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements 2005 2006 2007 2008 2009 of the Public Utility Regulatory Policies Act of 1978. IDACORP’s origins -0.1% -5.6% -13.0% lie with Idaho Power and operations beginning in 1916. Today, Idaho Power employs 1,994 people to serve a 24,000 square-mile service area -25.9% in southern Idaho and eastern Oregon.
    [Show full text]
  • FORM 10-K (Mark One)
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2013 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ................... to ................................................................. Exact name of registrants as specified in Commission their charters, address of principal executive IRS Employer File Number offices, zip code and telephone number Identification Number 1-14465 IDACORP, Inc. 82-0505802 1-3198 Idaho Power Company 82-0130980 1221 W. Idaho Street Boise, ID 83702-5627 (208) 388-2200 State of incorporation: Idaho Name of exchange on SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: which registered IDACORP, Inc.: Common Stock, without par value New York Stock Exchange SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: Idaho Power Company: Preferred Stock Indicate by check mark whether the registrants are well-known seasoned issuers, as defined in Rule 405 of the Securities Act. IDACORP, Inc. Yes (X) No ( ) Idaho Power Company Yes ( ) No (X) Indicate by check mark if the registrants are not required to file reports pursuant to Section 13 or Section 15(d) of the Act. IDACORP, Inc. Yes ( ) No (X) Idaho Power Company Yes ( ) No (X) Indicate by check mark whether the registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Idaho Power Company's Fall Chinook Salmon Hatchery
    IDAHO POWER COMPANY’S FALL CHINOOK SALMON HATCHERY PROGRAM Stuart Rosenberger, Paul Abbott, James Chandler 1221 W. Idaho St., Boise, Idaho Background The current Idaho Power Company (IPC) fall Chinook salmon program was established to provide mitigation for losses associated with the construction and operation of Brownlee, Oxbow, and Hells Canyon dams which together form the Hells Canyon Complex. IPC’s current mitigation goal is to produce 1 million fall Chinook salmon smolts annually (see Origination of Idaho Power Company’s Hatchery Mitigation Program section for more details). Oxbow Hatchery, funded by IPC and operated by the Idaho Department of Fish and Game, is responsible for the incubation and rearing of up to 200,000 subyearling fall Chinook salmon. The hatchery is located on the Snake River downstream of Oxbow Dam near the IPC village known as Oxbow, Oregon (Figure 1). IPC also contracts with the Oregon Department of Fish and Wildlife (ODFW) for the production of an additional 800,000 subyearling fall Chinook salmon that were originally reared at ODFW’s Umatilla Hatchery and are now reared at ODFWs’ Irrigon Hatchery, both of which are located near the town of Irrigon, Oregon. Fish reared at both Oxbow and Umatilla/Irrigon hatcheries are released into the Snake River directly below Hells Canyon Dam with the exception of brood years 2003 to 2005 in which some of the production was released at the Nez Perce Tribe’s Pittsburg Landing acclimation facility. Similar to other fall Chinook salmon programs in the Snake Basin, Oxbow and Umatilla/Irrigon hatcheries receive eyed eggs from Lyons Ferry Hatchery, as it is one of only two broodstock holding and spawning facilities for fall Chinook salmon in the Snake Basin.
    [Show full text]
  • Spring Chinook Salmon Dworshak National Fish Hatchery Clearwater River, Idaho
    Spring Chinook Salmon Dworshak National Fish Hatchery Clearwater River, Idaho Howard Burge Ray Jones U.S. Fish and Wildlife Service Idaho Fishery Resource Office Ahsahka, Idaho Idaho Washington NF Clearwater River Clearwater Lower Hatchery Columbia Lower Little Goose Granite Monumental Dam Dam Dam Dworshak Dam Clearwater R Dworshak Lochsa R River Snake NFH River Lewiston Kooskia IDFG Ice Harbor NFH Satellites Dam Selway River Rapid R Hatchery Hells Canyon Dam Oxbow Dam SF Clearwater McNary Brownlee Dam Dam Oregon Salmon River Program Goals 9,135 adults above Lower Granite Dam Harvest of 36,500 in ocean, Columbia River, and Lower Snake River fisheries Original production goal of 1.4 mil smolts Current production goal of 1.05 mil smolts - changed in 1996 Management Objectives Provide sport & tribal fishing opportunities in the Lower Clearwater River Return adequate broodstock to meet production needs Minimize impacts to natural populations Assist other programs in the Clearwater basin M & E Objectives Evaluate the effectiveness of the program so that it can be managed adaptively Determine the total adult return to assess if the program is meeting its mitigation goals Document and communicate programs success at meeting its program and management goals Coordinate hatchery and R,M & E activities Lewiston Dam 1929-1972 Leavenworth NFH 1983 - 86 Little White NFH 1983 & 85 1989 - 2010 Dworshak NFH Kooskia NFH 1995 Rapid River SH 1987 & 88 Broodstock sources and years Dworshak Spring Chinook Broodstock 50:50 ratio of males to females Approximately 65% of returning adults are 2-ocean Average size of a 2-ocean adult is 29 inches Average pre-spawn mortality (1995-2010) 3.1% Chinook arrive ~ May - August Spawning ~ late Aug - early Sept Juvenile Performance Rearing ~ approx.
    [Show full text]
  • Q4 2020 Investor Information
    Bank of America Power, Gas, & Solar Leadership Conference Q4 2020 Investor Information March 2-3, 2021 Forward-Looking Statements In addition to the historical information contained in this presentation, this presentation contains (and oral communications made by IDACORP, Inc. and Idaho Power Company may contain) statements, including, without limitation, earnings guidance and estimated key operating and financial metrics, that relate to future events and expectations and, as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, outlook, assumptions, or future events or performance, often, but not always, through the use of words or phrases such as “anticipates,” “believes,” “continues,” “could,” “estimates,” “expects,” “guidance,” “intends,” “potential,” “plans,” “predicts,” “projects,” “targets,” or similar expressions, are not statements of historical facts and may be forward-looking. Forward-looking statements are not guarantees of future performance and involve estimates, assumptions, risks, and uncertainties. Actual results, performance, or outcomes may differ materially from the results discussed in the statements. In addition to any assumptions and other factors and matters referred to specifically in connection with such forward-looking statements, factors that could cause actual results or outcomes to differ materially from those contained in forward-looking statements
    [Show full text]
  • Hells Canyon Complex Total Dissolved Gas Study
    Hells Canyon Complex Total Dissolved Gas Study Ralph Myers Project Limnologist Sharon E. Parkinson Principal Engineer Technical Report Appendix E.2.2-4 March 2002 Revised July 2003 Hells Canyon Complex FERC No. 1971 Copyright © 2003 by Idaho Power Company Idaho Power Company Hells Canyon Complex Total Dissolved Gas Study TABLE OF CONTENTS Table of Contents ............................................................................................................................. i List of Tables...................................................................................................................................ii List of Figures .................................................................................................................................ii List of Appendices .........................................................................................................................iii Abstract ........................................................................................................................................... 1 1. Introduction ................................................................................................................................ 2 2. Study Area.................................................................................................................................. 3 3. Plant Operations ......................................................................................................................... 4 4. Methods.....................................................................................................................................
    [Show full text]
  • Clean Water Act Section 401 Water Quality Certification Hells Canyon Complex (FERC Project Number 1971)
    Evaluation and Findings Report: Clean Water Act Section 401 Water Quality Certification Hells Canyon Complex (FERC Project Number 1971) May 2019 Northwest Region 700 NE Multnomah St. Suite 600 Portland, OR 97232 Phone: 503-229-5696 800-452-4011 Fax: 503-229-5850 www.oregon.gov/DEQ DEQ is a leader in restoring, maintaining and enhancing the quality of Oregon’s air, land and water. Oregon Department of Environmental Quality 401 Water Quality Certification Hells Canyon Complex (FERC Project Number 1971) This report prepared by: Oregon Department of Environmental Quality 700 NE Multnomah St Suite 600 Portland, OR 97232 1-800-452-4011 www.oregon.gov/deq Contact: Marilyn Fonseca 503-229-6804 Documents can be provided upon request in an alternate format for individuals with disabilities or in a language other than English for people with limited English skills. To request a document in another format or language, call DEQ in Portland at 503-229-5696, or toll-free in Oregon at 1-800-452-4011, ext. 5696; or email [email protected]. State of Oregon Department of Environmental Quality ii 401 Water Quality Certification Hells Canyon Complex (FERC Project Number 1971) Table of Contents 1 Introduction ......................................................................................................................................... 1 2 Requirements for Certification ............................................................................................................ 1 2.1 Applicable Federal and State Law ..............................................................................................
    [Show full text]
  • Dams and Hydroelectricity in the Columbia
    COLUMBIA RIVER BASIN: DAMS AND HYDROELECTRICITY The power of falling water can be converted to hydroelectricity A Powerful River Major mountain ranges and large volumes of river flows into the Pacific—make the Columbia precipitation are the foundation for the Columbia one of the most powerful rivers in North America. River Basin. The large volumes of annual runoff, The entire Columbia River on both sides of combined with changes in elevation—from the the border is one of the most hydroelectrically river’s headwaters at Canal Flats in BC’s Rocky developed river systems in the world, with more Mountain Trench, to Astoria, Oregon, where the than 470 dams on the main stem and tributaries. Two Countries: One River Changing Water Levels Most dams on the Columbia River system were built between Deciding how to release and store water in the Canadian the 1940s and 1980s. They are part of a coordinated water Columbia River system is a complex process. Decision-makers management system guided by the 1964 Columbia River Treaty must balance obligations under the CRT (flood control and (CRT) between Canada and the United States. The CRT: power generation) with regional and provincial concerns such as ecosystems, recreation and cultural values. 1. coordinates flood control 2. optimizes hydroelectricity generation on both sides of the STORING AND RELEASING WATER border. The ability to store water in reservoirs behind dams means water can be released when it’s needed for fisheries, flood control, hydroelectricity, irrigation, recreation and transportation. Managing the River Releasing water to meet these needs influences water levels throughout the year and explains why water levels The Columbia River system includes creeks, glaciers, lakes, change frequently.
    [Show full text]
  • Understanding the 1984 Swan Falls Settlement
    UNDERSTANDING THE 1984 SWAN FALLS SETTLEMENT CLIVE J. STRONG & MICHAEL C. ORR FULL CITATION: Clive J. Strong & Michael C. Orr, Understanding the 1984 Swan Falls Settlement, 52 IDAHO L. REV. 223 (2016). This article Copyright © 2016 Idaho Law Review. Except as otherwise expressly provided, permission is hereby granted to photocopy this article for classroom use, provided that: (1) Copies are distributed at or below cost; (2) The author of the article and the Idaho Law Review are properly identified; (3) Proper notice of the copyright is affixed to each copy; and (4) Notice of the use is given to the Idaho Law Review. UNDERSTANDING THE 1984 SWAN FALLS SETTLEMENT CLIVE J. STRONG & MICHAEL C. ORR TABLE OF CONTENTS I. INTRODUCTION ............................................................................................... 224 II. BACKGROUND ................................................................................................ 226 III. THE SWAN FALLS CONTROVERSY AND SETTLEMENT ....................... 230 A. The Lawsuits ............................................................................................ 231 B. The Legislative Subordination Battle ....................................................... 234 C. The Negotiations ...................................................................................... 235 D. The Settlement “Framework” ................................................................... 237 E. The “Trust” Concept ................................................................................. 239
    [Show full text]
  • Idaho Falls Power
    INTRODUCTION The first public utility in America began over Although Idaho Falls was not the first community to own and 120 years ago. The efforts of the early electrical operate its municipal utility, it is one of the oldest public power pioneers have allowed the nation’s municipal utilities communities in the Northwest. The city of Idaho Falls is to give inexpensive, reliable electric power to millions celebrating the past 100 years of providing its residents of Americans in the twentieth century. Today municipal ownership in its electric power system. This report municipal utilities give over 2,000 communities a will provide some interesting facts about the pioneers who sense of energy independence and autonomy they can installed a tiny electric generator on an irrigation canal in the carry into the twenty-first century. fall of 1900, establishing the beginning of the Idaho Falls municipal utility. Lucille Keefer pictured in front of the falls, is one of the more endearing images of Idaho Falls’ hydroelectric history. The Pennsylvania-born school teacher was the wife of the project’s construction superintendent. THE CANAL ERA The original 1900 power plant generated electricity from the water tumbling out of an irrigation ditch. When the Utah and Northern Railroad extended its tracks During the 1880s and 1890s, lumberyards, flourmills, to the rapids on the Snake River in 1879, the small town livestock auction houses, newspapers, banks, and clothing of Eagle Rock (now Idaho Falls) was established. The stores sprouted up along the railroad tracks. Population turn of the century not only brought more people to the surged as merchants and professionals flocked to the city to newly formed community but new developments as well.
    [Show full text]
  • (COE1) Comments/Responsens/Attachments U.S. Army Corps of Engineers
    Idaho Power Company Responses to Comments U.S. ARMY CORPS OF ENGINEERS—COE1 Hells Canyon Complex Page 1 Responses to Comments Idaho Power Company U.S. Army Corps of Engineers—COE1 Page 2 Hells Canyon Complex Idaho Power Company Responses to Comments U.S. Army Corps of Engineers—COE1 Hells Canyon Complex Page 3 Responses to Comments Idaho Power Company U.S. Army Corps of Engineers—COE1 Page 4 Hells Canyon Complex Idaho Power Company Responses to Comments RESPONSE TO COMMENT COE1-1 Comment noted. Please see Exhibit B for more information regarding IPC’s proposal for flood control requirements in the license application. RESPONSE TO COMMENT COE1-2 The flood control routine incorporated into the CHEOPS operations model uses the U.S. Army Corps of Engineer’s (ACOE) 1998 modified procedure. This methodology is presented in Exhibit B. The flood control target elevations calculated by the model are based on observed flows through the HCC, providing a theoretical drawdown of Brownlee Reservoir during this period. This theoretical drawdown is not influenced by day-to-day influences or human intervention. By establishing this theoretical operation, other reservoir operation scenario comparisons can be made on a consistent basis. It is not IPC’s intention to change the general flood control requirements for the HCC in the new license. IPC is currently working with Chan Modini of the ACOE’s Hydrologic Engineering Branch (in Portland, OR) to develop an updated flood control article for the new license. The article would be based on the 1998 modified procedure for determining the flood control draft at Brownlee Reservoir.
    [Show full text]