You are invited to join BPA leadership and other industry leaders for BPA Focus 2028 on November 4, a forum for regional leaders to establish a common understanding of the types of industry changes and strategic choices BPA may face to maintain its financial strength and cost competitiveness. Key issues will include Bonneville’s approach to capital investment in the hydropower and transmission systems, its internal operating costs and program delivery models, including energy efficiency.
In addition to a BPA fiscal overview and discussion about BPA’s long-term rates analysis, BPA Focus 2028 participants will listen to a moderated panel discussion of regional industry leaders exploring possible changes over the next 15 to 20 years and their probable or possible impacts on the energy industry. A meeting agenda with speaker and panelist names and other meeting materials will be posted to the BPA Focus 2028 web page at www.bpa.gov/goto/Focus2028.
BPA Focus 2028 will begin at 1 p.m., at the Airport Sheraton, 8235 NE Airport Way, Portland, OR 97220. To participate by phone, dial 1-888-330-1716 PASSCODE: 6337708#.
This forum, which will precede the standard Capital Investment Review and Integrated Program Review processes, sets the stage for follow-up engagements in early winter, which will explore conditions and choices BPA and the region may face in the future. Topics of these future discussions likely will include the evolving electricity market, changes in the electricity policy and regulatory landscape and technology advancements including distributed energy resources, all in the context of a changing climate.
In response to factors placing upward pressure on BPA’s long-term costs structure that could adversely impact BPA’s long-term competiveness, BPA created the Long Term Financial and Rates Analysis. The analysis and its results will allow BPA to analyze the impact that near-term decisions may have on future rates based on a variety of assumptions.
A key outcome of the Long Term Financial and Rates Analysis is the Reference Case, a 15-year analysis of BPA’s financial condition and rates using spending levels from recent public processes and current cost escalation, as well as market and load forecasts. The Reference Case is meant to serve as a starting point for strategic discussions and the basis for comparing the financial and rate implications of future scenarios. This Reference Case is part of a suite of capabilities that will give BPA the ability to project the impact of decisions and industry changes on future rates and financials on a holistic level.