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January 27, 2003 meeting report

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[Excerpted memo from Jim Kempton to participants]

February 11, 2003

Attached is the report of the Power Supply Adequacy Forum held on January 27, 2003. Thanks to all of you who participated and my apologies to all for the "BPA financial crisis" emergency Council meeting that pulled Power Committee members from Forum deliberations.

As indicated in the report, there was agreement on two action items:

(1) The Northwest Power Pool and the Council will initiate a process to establish common definitions and assumptions for the reporting of data for the assessment of resource adequacy with the utilities that report this information and other interested stakeholders.

(2) The Council will organize and facilitate a forum involving utilities, regulators, planning agencies to focus on the question of best practices in integrated resource planning. Have the objectives of IRP changed since 2000-2001? If so, in what ways? How should IRP be approached in light of our current understanding ?

These agreements are useful steps. Additionally, the Forum organizers believe that there needs to be more conversation about the need for an agreed upon adequacy standard for the region (however that region might best be defined) and whether some form of compliance mechanism compliance is necessary. Some of the specific questions are outlined in the concluding section of the attached report. Toward that end, we will soon be contacting you regarding your participation in a second meeting to be held sometime in March.

Thank you for your interest in this issue.

Sincerely,

Jim Kempton Chair, Power Committee