The Public Generating Pool (PGP), in collaboration with Benton County PUD and Energy Northwest, sponsored a study that investigates an approach to simultaneously achieve environmental and economic goals in the electric sector.

 

If the Western states are to further evolve policies to achieve carbon emissions goals, PGP believes it is important for efforts to be informed by an understanding of which alternatives are least cost and most effective in achieving substantial reductions from 1990 levels.

 

The group hired E3 to develop a NW version of a commonly used tool for electric sector scenario analysis (RESOLVE) to address the following:

    – What policies best support a least-cost approach to carbon emissions?

    – What does that mean for the Northwest resource portfolio?

 

PGP believes that this study employs a useful planning methodology for making public policy decisions to reduce carbon emissions.  A least-cost planning methodology is technology neutral, can be expanded to other sectors, and can be adapted to changing conditions over time.  This work focuses on the electric sector, but we are committed to working collaboratively with others to refine the methodology so that an adaptable multi-sector regulatory framework can be developed to guide policy for years to come.

 

Our individual utility members are still evaluating the results of the study.  In the meantime, we are sharing it with other utilities, stakeholders, policy makers, and the public.  We are hopeful it will help start a dialogue and provide technical support for those making decisions about policies that intersect environmental and economic issues in Washington and Oregon.