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HomeMy WebLinkAbout20250905Direct Hackett.pdf RECEIVED September 05, 2025 IDAHO PUBLIC UTILITIES COMMISSION BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF IDAHO POWER ) COMPANY' S APPLICATION FOR ) CASE NO. IPC-E-25-27 APPROVAL OF A POWER PURCHASE ) AGREEMENT WITH BLACKS CREEK ) ENERGY CENTER, LLC. ) IDAHO POWER COMPANY DIRECT TESTIMONY OF ERIC HACKETT 1 Q. Please state your name and business address . 2 A. My name is Eric Hackett . My business address 3 is 1221 West Idaho Street, Boise, Idaho 83702 . 4 Q. By whom are you employed and in what capacity? 5 A. I am employed by Idaho Power Company ("Idaho 6 Power" or "Company") as the Projects and Resource 7 Development Director. 8 Q. Please describe your educational background. 9 A. I graduated in 2003 from Boise State 10 University, in Boise, Idaho, receiving a Bachelor of 11 Science Degree in Civil Engineering. I am a registered 12 professional engineer in the state of Idaho. In 2010, I 13 earned a Master of Business Administration from Boise State 14 University. 15 Q. Please describe your work experience with 16 Idaho Power. 17 A. From 2005 to 2007, I was employed as an 18 engineer in Idaho Power' s Transmission Engineering group. 19 In 2007, I became a Project Manager leading transmission 20 and distribution line and station infrastructure projects . 21 In 2012, I was promoted to Engineering Leader where I 22 managed the Cost and Controls group supporting project 23 management . In 2015, I changed leadership roles and managed 24 the Stations Engineering and Design group as an Engineering 25 Leader. In 2018, I was promoted to Senior Manager of HACKETT, DI 1 Idaho Power Company 1 Projects overseeing Project Management and Cost and 2 Controls, which later became the role of Senior Manager of 3 Projects and Design in 2021, adding Power Production Design 4 and Project Management. I was promoted to my current role, 5 Projects and Resource Development Director in 2024 . In 6 addition, I am currently leading a team of internal 7 employees and consultants in development and evaluation of 8 Idaho Power' s Request for Proposals for Peak Capacity and 9 Energy Resources . 10 Q. What is the Company' s request in this case? 11 A. Idaho Power is requesting the Idaho Public 12 Utilities Commission ("Commission") issue an order: (1) 13 approving the 25-year Power Purchase Agreement ("PPA") 14 between Blacks Creek Energy Center, LLC and Idaho Power 15 Company supplying 80 megawatts ("MW") of output from the 16 solar powered generation facility to the Company ("Blacks 17 Creek Project") , and (2) acknowledging that the resulting 18 expenses associated with the PPA are prudently incurred for 19 ratemaking purposes . The Blacks Creek Project is necessary 20 for Idaho Power to continue to provide safe, reliable 21 electric service in 2027 and beyond. 22 Q. What is the purpose of your testimony in this 23 proceeding? 24 A. The purpose of my testimony is to provide an 25 overview of the competitive resource acquisition process HACKETT, DI 2 Idaho Power Company 1 undertaken to meet Idaho Power' s identified capacity 2 deficiency beginning in 2027, as described by Mr. Jared 3 Ellsworth in his testimony. First, I will provide an 4 overview of the extensive Request for Proposals ("RFP") 5 process undertaken in accordance with the Public Utility 6 Commission of Oregon' s ("OPUC") competitive bidding rules 7 that were used to evaluate the various resources that 8 competed to provide a combination of peak capacity and 9 energy resources to help meet Idaho Power' s electric energy 10 needs in 2028 . I will then explain how the resulting least- 11 cost, least-risk resources were selected through the fair 12 and competitive RFP process, including the Blacks Creek 13 Project for which Idaho Power is requesting the Commission 14 approve the PPA in this proceeding. Finally, I will 15 describe the Blacks Creek Project developer' s ability to 16 advance the commercial operation date from April 1, 2028, 17 to June 1, 2027, contributing to Idaho Power' s remaining 18 2027 capacity deficit. 19 Q. Have you prepared any exhibits? 20 A. Yes . Exhibit No. 1 is Idaho Power' s 2028 All- 21 Source Request for Proposals ("RFP") for Peak Capacity and 22 Energy Resources issued on August 16, 2024, and updated on 23 October 4, 2024 ("2028 RFP") . Confidential Exhibit No. 2 24 presents the projects resulting from the 2028 RFP that make 25 up the final shortlist of 2028 bids . Confidential Exhibit HACKETT, DI 3 Idaho Power Company 1 No . 3 is London Economic International LLC' s ("LEI") 2 Closing Report: 2028 All Source Request for Proposals for 3 Peak Capacity and Energy Resources dated January 10, 2025 4 ("LEI Closing Report") . Confidential Exhibit No. 4 is the 5 Blacks Creek PPA. 6 I . BACKGROUND 7 Q. Why did Idaho Power initiate a competitive 8 request for proposals or RFP process to acquire the 2028 9 peak capacity and energy resources? 10 A. The Company' s annual capacity positions 11 developed to inform the 2023 Integrated Resource Plan 12 ("IRP") identified deficits of 138 MW of incremental 13 capacity needs in 2028 and 555 MW of supply-side resource 14 additions in the Preferred Portfolio in 2028 . Further, the 15 2023 IRP identified incremental capacity needs of 142 MW in 16 2029 and growing to over 1, 150 MW by 2038 . 1 As a result, in 17 order to meet its obligation to reliably serve customer 18 load in a least-cost, least-risk manner, Idaho Power began 19 the competitive solicitation for the acquisition of 20 resources, conducted through the issuance of the 2028 RFP. 21 The competitive RFP process allows the Company to access 22 the broader peak capacity and energy market to obtain the 23 best resources for Idaho Power' s customers, allowing for 24 access to a spectrum of potential resources and developers . 1 Idaho Power 2023 IRP at 174 (Table 11.15) . HACKETT, DI 4 Idaho Power Company 1 Use of a formal RFP process provides customers and 2 regulatory agencies with the assurance that the resource 3 selection process was competitive, all potential developers 4 had an equal opportunity to participate, and that the best 5 resource alternative was selected. My testimony will 6 discuss the competitive bidding process undertaken for 7 issuance of the 2028 RFP and the evaluation of the 2028 bid 8 submittals . 9 II . COMPETITIVE BIDDING RULES 10 Q. Was Idaho Power in compliance with the 11 competitive bidding rules the Commission directed the 12 Company to follow?2 13 A. Yes . At the time the 2023 IRP identified the 14 capacity deficiencies in 2028 and beyond, the competitive 15 bidding requirements applied to resource acquisitions or 16 contracts by an electric utility for more than an aggregate 17 of 80 MW with a duration of five or more years . 3 Further, 18 they state that when an electric utility is subject to 19 competitive bidding requirements, it must engage the 20 services of an Independent Evaluator ("IE") to oversee the 21 RFP process .4 22 Q. Did the Company engage the services of an IE 23 to oversee the RFP process? 2 Case No. IPC-E-10-03. 3 Oregon Administrative Rule ("OAR") 860-089-0100 (1) . 4 OAR 860-089-0200 (1) . HACKETT, DI 5 Idaho Power Company 1 A. Yes . In compliance with the rules, on February 2 29, 2024, Idaho Power commenced the competitive bidding 3 process, filing a request with the OPUC to (1) approve the 4 selection of LEI as the Independent Evaluator ("IE") for 5 the 2028 RFP, (2) approve the proposed 2028 RFP scoring and 6 modeling methodology, (3) approve the draft 2028 RFP, and 7 (4) waive certain competitive bidding rules to allow 8 expedited review and approval of the 2028 RFP. 5 9 Q. Did the OPUC approve the Company' s request to 10 engage LEI again as the IE for the 2028 RFP? 11 A. Yes . On April 30, 2024, in a public meeting, 12 the OPUC approved Idaho Power' s use of LEI as the IE again 13 for Idaho Power' s 2028 RFP and evaluation of 2028 14 resources . The OPUC also approved the concurrent review of 15 both the scoring and modeling methodologies and the draft 16 2028 RFP. 6 Over the next 15 weeks, the Company worked with 17 LEI and stakeholders to finalize the draft 2028 RFP. 18 Q. Were any significant changes made to the 2028 19 RFP following filing of the draft? 20 A. Yes . In addition to a revised draft 2028 RFP 21 filed on April 24, 2024, that incorporated minor 22 housekeeping changes, on May 17, 2024, Idaho Power filed a 23 revised draft 2028 RFP that included a new bid eligibility 5 Docket UM 2317, In the Matter of Idaho Power Company, Application for Approval of 2028 All-Source Request for Proposals to Meet 2028 Capacity Resource Need. 6 Order No. 24-120. HACKETT, DI 6 Idaho Power Company 1 requirement stating that bidders must provide evidence that 2 their proposal has a Generator Interconnection Agreement 3 ("GIA") or a Generator Interconnection application in 4 either Idaho Power' s Serial Study Process or the 5 Transitional Cluster Study Process . This GIA requirement 6 was added to reflect the Company' s new transmission 7 interconnection processes, resulting from FERC Order No. 8 2023, and was intended to mitigate potential delays in 9 delivery caused by projects encountering unexpected 10 constraints and costs when subject to a full transmission 11 study. 12 However, following feedback from stakeholders, Idaho 13 Power updated the 2028 RFP with additional details and a 14 proposed process for considering bids with later commercial 15 operation dates . The new process created three groups of 16 bids that could be submitted through the 2028 RFP process : 17 (1) bids that meet the GIA requirement and can deliver by 18 April 1, 2028, ("2028 Bids") , (2) bids that meet the GIA 19 requirement but cannot deliver by April 1, 2028, and (3) 20 bids that do not meet the GIA requirement. The Company 21 developed Exhibit R - Supplemental 2029 and Later 22 Requirements into the draft 2028 RFP, outlining the 23 requirements for those bids with a commercial operation 24 date after April 2028 . Bids that meet the GIA requirement 25 but cannot deliver by April 1, 2028, and bids that do not HACKETT, DI 7 Idaho Power Company I meet the GIA requirement will be referred to as Beyond 2 April 2028 Bids in my testimony. 3 Q. Was it Idaho Power' s intent to evaluate the 4 2028 Bids alongside the Beyond April 2028 Bids? 5 A. No. The revised draft 2028 RFP also indicated 6 that evaluation of the bids would be bifurcated, with 7 prioritization of the 2028 Bids in order to meet summer 8 peak in 2028, or Group One bids, followed by evaluation of 9 the Beyond April 2028 Bids, or Group Two bids . The revised 10 draft 2028 RFP included a modified schedule that separated 11 the evaluation into two overlapping bid evaluations . 12 Q. What resources did the final draft 2028 RFP 13 target for procurement? 14 A. The final draft 2028 RFP targeted resource 15 procurements consistent with the incremental capacity 16 deficiencies identified in the 2023 IRP, or 138 MW of 17 incremental peak capacity needs in 2028, 142 MW in 2029, 18 and growing to over 1, 150 MW by 2038 . 7 Accordingly, the All- 19 Source 2028 RFP sought proposals for a combination of 20 capacity and energy resources that provide a minimum of 21 approximately 138 MW of incremental peak capacity and 555 22 MW of supply-side resource additions in 2028 and beyond. 23 Idaho Power accepted bids for energy or capacity 24 incremental to its system beginning in the summer 2028 7 Idaho Power 2023 IRP at 174 (Table 11.15) . HACKETT, DI 8 Idaho Power Company I timeframe and beyond, from market energy purchases or new 2 or existing resources . 3 Q. Did the final draft 2028 RFP contemplate 4 benchmark resources? 5 A. Yes . In fact, the competitive bidding rules 6 require that, prior to the opening of bidding of an 7 approved RFP, the Company submit to the IE, for review and 8 comment, a detailed score for any benchmark resource with 9 supporting cost information, any transmission arrangements, 10 and all other necessary information to score the benchmark 11 resource. The rules require Idaho Power to apply the same 12 assumptions and bid scoring and evaluation criteria to the 13 benchmark bid that are used to score other bids . 14 In addition, as required by OAR 860-089-0300, the 15 Company identified a separate team of Idaho Power staff and 16 retained consultants ("Internal Bid Team") to submit 17 resource-based product bids, or benchmark bids . As such, 18 the Company instituted a Separation of Functions protocol 19 where the evaluation of bids would be performed by a 20 separate team of Idaho Power staff and retained consultants 21 with relevant subject matter expertise ("Evaluation Team") 22 to work directly with the IE. This Separation of Functions 23 protocol was developed with the purpose of defining 24 specific roles and responsibilities and outlined policies 25 and procedures to be maintained as a living document to HACKETT, DI 9 Idaho Power Company 1 ensure the Evaluation Team and Internal Bid Team operate 2 separately, and no access to any non-public information 3 that might unfairly disadvantage one bidder over another is 4 shared. 5 So, when the final draft 2028 RFP was filed with the 6 OPUC, the Company indicated it would submit a detailed 7 score for the benchmark resources, with supporting cost 8 information, to the Commission and IE for review of 9 reasonableness, before opening market bids . Then, when the 10 2028 RFP was issued, Idaho Power would submit benchmark 11 resource proposals, providing a potential cost-based 12 alternative for customers . 13 Q. Did LEI or OPUC Staff memorialize their review 14 of the final draft 2028 RFP? 15 A. Yes . Subsequent to the Company' s filing of the 16 final draft 2028 RFP, on May 28, 2024, LEI provided 17 observations and recommendations to the draft 2028 RFP as 18 well as a summary of stakeholders' comments, ultimately 19 recommending five improvements to be incorporated into the 20 final RFP that would make the solicitation process clearer 21 and more transparent to stakeholders . 8 The Company 22 incorporated the feedback received from stakeholders into 23 the 2028 RFP and on July 16, 2024, posted on its website 8 London Economic International LLC's Observations on Idaho Power Company's Draft 2028 All-source Request for Proposals for Peak Capacity and Energy Resources: Independent Evaluator Assessment Report dated May 28, 2024. HACKETT, DI 10 Idaho Power Company 1 and filed with the OPUC a revised draft 2028 RFP. 2 On July 29, 2024, OPUC Staff submitted their report 3 detailing their analysis of the draft 2028 RFP and the 4 associated scoring and modeling methodology and 5 recommending Commission approval, which was followed by the 6 Second IE Assessment Report on August 2, 2024 . A Special 7 Public Meeting was held on August 15, 2024, to discuss the 8 draft 2028 RFP and associated scoring and modeling 9 methodology. The OPUC directed Idaho Power to include 10 language in the 2028 RFP to clarify that in the event of a 11 material change in law that requires repricing, the 12 opportunity to rebid would be available to all bidders in 13 the same timeline, and ultimately approved the 2028 RFP 14 with OPUC Order No. 24-272 . As a result, Idaho Power 15 formally issued the 2028 RFP on August 16, 2024 . The final 16 2028 RFP is included as Exhibit No . 1 to my testimony. 17 III . THE 2028 RFP 18 Q. What was the intent of the resources sought 19 through the 2028 RFP? 20 A. Through the 2028 RFP, the Company' s intent 21 was to solicit bids for two types of electric energy and 22 capacity products : (1) resource-based proposals, and (2) 23 market purchase proposals . Resource based proposals are 24 unit-contingent energy where capacity is delivered from 25 specific electric resources . Market purchase proposals are HACKETT, DI 11 Idaho Power Company 1 firm energy proposals that are required to meet the 2 eligibility requirements of the Western Resource Adequacy 3 Program in terms of resource specificity, transmission, and 4 other requirements . The eligible products included asset 5 purchases, PPA' s, and battery storage agreements with 6 exclusive ownership by the Company of any and all 7 environmental attributes associated with the energy 8 generated. The 2028 RFP process did not restrict bids based 9 on resource type or ownership structure. That is, the 2028 10 RFP allowed bids for all commercially viable resource types 11 that could meet the specified commercial operation date . 12 Q. When were responses to the 2028 RFP due? 13 A. As I discussed earlier in my testimony, the 14 bid responses were bifurcated, with evaluation of the 2028 15 Bids, or Group One, prioritized in order to meet summer 16 peak in 2028, followed by evaluation of the Beyond April 17 2028 Bids, or Group Two bids . 9 Because Idaho Power' s request 18 in this case is specific to a 2028 Bid, my testimony will 19 only be discussing the evaluation process associated with 20 the 2028 Bids . Group One responses to the 2028 RFP were due 21 to Idaho Power via the Zycus portal on September 17, 2024 . 22 The 2028 RFP was well received, with 95 proposals from 19 23 different bidders, with a total of 147 resource bids 9 Note, on August 19, 2025, the OPUC issued Order No. 25-327 acknowledging Idaho Power's final shortlist of Beyond April 2028 Bids, or Group Two bids, which included a combination of gas, solar, wind and energy storage resources. HACKETT, DI 12 Idaho Power Company 1 summing to more than 27 gigawatts ("GW") of resources in 2 Group One. Notably, two developers submitted more than 10 3 resource-based proposals, with the highest number of 4 proposals from a single company reaching 18 . No market 5 purchase proposals were received. Approximately 58 percent 6 of the bids incorporated solar photovoltaic ("PV") 7 resources within their portfolios, and approximately 39 8 percent incorporated energy storage. The following 9 summarizes the bids by resource type: 10 Table 1 — Bids by Resource Type Resource Type Number of Bids Wind 2 Wind + Battery Energy Storage 1 Systems ("BESS") Solar PV 35 Solar PV + BESS 39 BESS 15 Gas to Hydrogen + BESS 1 Solar PV + Wind + BESS 1 Energy + BESS 1 Total 95 11 The resource capacity proposals presented varied in 12 structure, featuring power purchase agreements, battery 13 storage agreements, and asset purchases . The following 14 summarizes the 2028 Bids by ownership structure: 15 Table 2 — Proposals by Ownership Owner Number of Proposals Bidder 75 Idaho Power 16 Mixed 4 Total 95 HACKETT, DI 13 Idaho Power Company 1 Q. Did Idaho Power receive any benchmark bids 2 from the Internal Bid Team? 3 A. Yes . On August 23, 2024, before third-party 4 bids were due, the Company received four benchmark bids 5 across three sites from the Internal Bid Team. Idaho Power 6 reviewed the benchmark bids for conformity with minimum bid 7 eligibility requirements and scored the non-price factors, 8 and submitted the scores to LEI, which was completed prior 9 to the Evaluation Team opening the third-party bids on 10 September 17, 2024 . 10 11 Q. Please explain the first step in the bid 12 evaluation process . 13 A. The bid evaluation and selection process are 14 designed to identify the combination and size of the 15 proposed resources that will maximize the customer benefits 16 and will satisfy the projected resource capacity and energy 17 needs while maintaining reliability. As described in the 18 2028 RFP, Section 7 . 2 Phase 1 - Initial Shortlist, eligible 19 bids were evaluated to identify a subset of bids that would 20 be advanced for further evaluation. Each bid was ranked 21 within the respective technology group based on its pricing 22 and non-pricing scores . 23 Q. Were the pricing and non-pricing scores 24 determined in accordance with the scoring methodology you 10 OAR 860-089-0350. HACKETT, DI 14 Idaho Power Company 1 described earlier in your testimony that was reviewed and 2 approved under the competitive bidding rules? 3 A. Yes . The scoring methodology was consistent 4 and prescriptive as described in the 2028 RFP. Based on the 5 diversity of technologies bid into the RFP, and to ensure 6 fair and equitable evaluation of the bids, the Company 7 identified the need to group bids by their specific 8 technology and developed an initial shortlist within each 9 disparate technology group. 10 Initial Shortlist 11 Q. What considerations were made to develop the 12 initial shortlist by technology group? 13 A. All eligible bids were evaluated, and a 14 combined price and non-price score was established for each 15 technology grouping. Idaho Power desired a reasonable and 16 diversified quantity of projects that represented each 17 technology category meeting the following principles : (1) 18 minimum of three bidders/projects where sufficient bids 19 were included, (2) sufficient capacity/energy quantity to 20 meet the stated needs of the 2028 RFP, (3) technology 21 categories that only had one bid were automatically moved 22 forward to the initial shortlist, and (4) step increases to 23 price and total score were utilized as a natural cutoff. 24 The highest ranking and relatively lowest cost bids within 25 each technology category moved forward to the initial HACKETT, DI 15 Idaho Power Company 1 shortlist . 2 During this process, the Company identified 3 pertinent information for seven proposals from two 4 different bidders that removed them from further evaluation 5 and excluded them from the initial shortlist. Before the 6 initial shortlist was finalized, on October 11, 2024, Idaho 7 Power provided its updated bid eligibility and confidential 8 initial shortlist to LEI . The IE documented their initial 9 evaluation and scoring of conforming bids, providing a 10 confidential review of eligibility and initial shortlist 11 report on November 1, 2024 . LEI stated they found that the 12 Company' s "approach was reasonable, and the process was 13 conducted in a fair and impartial manner. "" 14 Q. How many proposals made up the resulting 15 initial shortlist? 16 A. The initial shortlist, which included all 17 projects found to be conforming by both Idaho Power and 18 LEI, included 42 projects from 19 bidders, consisting of 15 19 facilities across seven technologies . Next, consistent with 20 the bid evaluation and selection process outlined in the 21 2028 RFP, additional analyses and due diligence of the 22 initial shortlist was performed to identify and select 11 Review of eligibility and initial shortlist of The 2028 All Source Request for Proposals for Peak Capacity and Energy Resources: Initial Shortlist of bids submitted for projects coming online no later than 2028, dated November 1, 2024, page 5. HACKETT, DI 16 Idaho Power Company 1 projects on the final shortlist. 2 Final Shortlist 3 Q. What additional analyses and due diligence was 4 performed on the initial shortlist projects to create the 5 final shortlist? 6 A. First, in accordance with the competitive 7 bidding rules, 12 Idaho Power retained the services of 8 Hendrickson Renewables, LLC ("Hendrickson") to provide an 9 independent third-party review of site-specific critical 10 performance factors for wind and solar resources, including 11 but not limited to: (1) an evaluation of the Variable 12 Energy Resource assessments submitted with each applicable 13 proposal, (2) quantification of any potential impact on 14 energy production, and (3) adjustment, if any, to the P50 15 Net Capacity Factor ("NCF") including the associated 16 confidence level where differences are identified. The 17 Company incorporated Hendrickson' s proposed adjusted NCF' s, 18 as applicable, into the Aurora model for the wind and solar 19 resource types, as part of the final shortlist selection 20 process . 21 Q. What modeling was performed of the initial 22 shortlist projects? 23 A. Idaho Power utilized Aurora, which allows for 24 the use of a consistent common evaluation tool with 12 OAR 860-089-0400 (5) (a) . HACKETT, DI 17 Idaho Power Company I consistent common assumptions in that tool, for reasonable 2 evaluation results, and the relative ranking of the initial 3 shortlist project submittals to better identify those 4 projects that best meet the Company' s resource needs . Idaho 5 Power created eight Aurora scenarios to help compile the 6 final shortlist. The eight scenarios were created to 7 capture a wide range of Boardman to Hemingway transmission 8 line online dates, natural gas price futures, carbon price 9 futures, large load demand futures, and revised 10 Environmental Protection Agency carbon emissions rules on 11 potential new gas fired power plants . These scenarios were 12 discussed and developed with the IE and OPUC Staff prior to 13 their use in final shortlist modeling. Projects selected 14 across the eight Aurora scenarios were considered for 15 inclusion on the final shortlist. 16 Q. What were the modeling results of the initial 17 shortlist projects under the eight Aurora scenarios? 18 A. Table 3 below presents projects selected at 19 least once across the eight Aurora scenarios and considered 20 for inclusion on the final shortlist. 21 22 23 24 25 HACKETT, DI 18 Idaho Power Company 1 Table 3 . Projects Selected in Aurora Modeling Scenarios . 2028 Resources 178 . 6 Wind 330 MW Solar 400 MW Solar 80 MW Solar 149 MW Solar 150 MW BESS 200 MW BESS 110 MW Gas + 110 MW BESS 2 All projects selected from the eight Aurora 3 scenarios were moved forward and included on the final 4 shortlist . After the final shortlist was derived from the 5 Aurora scenarios, Idaho Power performed a portfolio 6 sensitivity analysis on the aforementioned final 7 shortlisted projects . 8 Q. What is the intention of the portfolio 9 sensitivity analysis? 10 A. The intention of the portfolio sensitivity 11 process is to assess the final shortlisted projects and how 12 their impacts to portfolio costs compare to each other in 13 potential variable futures . This sensitivity analysis 14 informs the comparative ranking of final shortlist projects 15 to each other. Confidential Exhibit No. 2 provides the 16 results of the ranking of the final shortlist projects . 17 Q. Did Idaho Power receive approval from the OPUC 18 of the final shortlist of 2028 Bids? 19 A. Yes . On January 10, 2025, in accordance with 20 OAR 860-089-0500, Idaho Power filed with the OPUC in Docket HACKETT, DI 19 Idaho Power Company 1 UM 2317 a request for acknowledgment of the 2028 Bids final 2 shortlist resulting from the 2028 RFP, along with the LEI 3 Closing Report, included as Confidential Exhibit No. 3, 4 which outlines the entire procurement process and extensive 5 bid evaluation. In the LEI Closing Report, the IE attested 6 to the reasonableness of the Company' s approach in 7 identifying 2028 Bids for the final shortlist, indicating 8 " [t] he process was conducted with the utmost fairness and 9 impartiality, upholding the integrity of the selection 10 process . "13 On March 31, 2025, the OPUC issued Order No . 25- 11 128 approving the Company' s final shortlist of 2028 Bids 12 with four conditions : (1) the OPUC acknowledged the final 13 shortlist volume up to 216 MW of peak capacity to meet the 14 2028 capacity needs demonstrated by Idaho Power, but 15 ordered the Company to file a report with an explanation 16 and justification for any procurement volume in excess of 17 those amounts, (2) the Company must retain the IE to 18 monitor and report on all contract negotiations, filing a 19 final report in Docket UM 2317, (3) remove the gas to 20 hydrogen plus BESS project from the final shortlist, 21 reevaluating the project with Group Two bids, and (4) in 22 their contract negotiations report, the IE must report on 23 the effect of Group Two bids on the negotiation process . 24 13 LEI Closing Report, page. 8. HACKETT, DI 20 Idaho Power Company 1 Q. Why did the OPUC direct the Company to remove 2 the gas to hydrogen plus BESS project from the final 3 shortlist of 2028 Bids? 4 A. The Company included the proposal on the final 5 shortlist of 2028 Bids acknowledgement request to the OPUC. 6 During the OPUC review of the gas to hydrogen plus BESS 7 project, LEI expressed concerns with the 8 9 10 11 _ . Upon further review and evaluation of the bid, the 12 Company agreed with this assessment finding the 13 14 15 16 final shortlist to be insufficient. Ultimately, the OPUC 17 indicated Idaho Power did not demonstrate that the benefits 18 outweigh the known project uncertainties and recommended 19 the removal of the project from the final shortlist of 2028 20 Bids . 14 21 22 i4 While the Company did move the gas to hydrogen plus BESS project to Group Two, ultimately the developer confirmed uncertainties associated with the commercial operation date and requested the project be evaluated at a later date. As a result, the project was not evaluated alongside the 2028 and 2029 resource bids for which the OPUC approved the Beyond April 2028 Bids final shortlist with Order No. 25-327. HACKETT, DI 21 Idaho Power Company 1 IV. PROJECT NECESSARY TO FILL IDENTIFIED CAPACITY DEFIENCY 2 Q. Has Idaho Power executed any agreements 3 associated with the final shortlist of 2028 Bids? 4 A. Yes . Following identification of the most 5 cost-effective 2028 Bids resulting from the 2028 RFP, the 6 Company began negotiations with developers for procurement 7 of the resources necessary to meet the identified 2028 8 capacity deficit. Through successful negotiations, Idaho 9 Power and Blacks Creek Energy Center, LLC, have executed 10 the PPA associated with the Blacks Creek Project, an 80 MW 11 solar PV facility that supplies energy to the Company' s 12 system. 13 Q. You indicated the Blacks Creek Project was 14 identified on the final shortlist of 2028 Bids but in his 15 Direct Testimony, Mr. Ellsworth indicates the project is 16 necessary to contribute to the remaining 2027 capacity 17 deficiency of 143 MW. What is the expected commercial 18 operation date of the Blacks Creek Project? 19 A. The Blacks Creek Project was selected on the 20 final shortlist of 2028 Bids with a commercial operation 21 date of April 1, 2028 . The developer, who also has an 22 existing 320 MW solar project that is subject of a Clean 23 Energy Your Way PPA under the Brisbie special contract, ls is The 320 MW Blacks Creek Clean Energy Your Way PPA was reviewed and approved by the Commission in Case No. IPC-E-24-42, Order No. 36572, April 24, 2025. HACKETT, DI 22 Idaho Power Company 1 had latent capacity under the existing GIA and therefore 2 bid the 80 MW Blacks Creek Project into the 2028 RFP. 3 Because of the existing, executed PPA for the 320 MW solar 4 PV facility, and the existing GIA, contract negotiations 5 for the Blacks Creek Project progressed quicker than those 6 of other 2028 Bids on the final shortlist. It was during 7 these initial contract negotiations that the developer 8 indicated the ability to advance the commercial operation 9 date of the Blacks Creek Project from April 1, 2028, to 10 June 1, 2027 . In addition to benefiting Idaho Power by 11 contributing to the remaining 2027 capacity deficit, the 12 developer is able to ensure the project is eligible for 13 investment tax credits that are expected to sunset on 14 December 31, 2027 . 15 Blacks Creek Power Purchase Agreement 16 Q. Please provide an overview of the Blacks Creek 17 PPA. 18 A. The Blacks Creek PPA is a 25-year PPA between 19 Blacks Creek Energy Center, LLC, and Idaho Power. Under the 20 terms of the PPA, Blacks Creek Energy Center, LLC, will 21 construct, own, operate and maintain a solar powered 22 generation facility located in Ada County, Idaho, with an 23 expected nameplate capacity of 80 MW, supplying the output 24 to the Company. An executed copy of the PPA is included as 25 Confidential Exhibit No. 4 to my testimony. The PPA HACKETT, DI 23 Idaho Power Company 1 contains levelized, fixed pricing for the 25-year term. 2 Exhibit 5 to the PPA sets forth the Contract Price for 3 Contract Years 1 through 25 on a dollars per megawatt-hour 4 ("MWh") basis . The PPA is similar in many ways to the 5 numerous energy sales agreements approved by the Commission 6 pursuant to the Company' s obligations under the Public 7 Utility Regulatory Policies Act of 1978 ("PURPA") , but also 8 contains additional other terms and conditions consistent 9 with industry standard, non-PURPA power purchase agreements 10 including pricing, security, and other terms of service . 11 Q. Does the PPA provide for any assurances or 12 guarantees related to the commercial operation date of June 13 1, 2027, and ongoing operation of the solar powered 14 generation facility? 15 A. Yes . Section 4 of the PPA details the term and 16 commercial operation date, providing for a Guaranteed 17 Commercial Operation Date, which is 180 days after the 18 Scheduled Commercial Operation Date of June 1, 2027 . In 19 addition, Section 9 of the PPA contains provisions 20 requiring the Seller to post and maintain security, both 21 Project Development Security and Default Security. A 22 Project Development Security in the amount of - per 23 MW of Nameplate Capacity Rating must be in place within 30 24 days of a final order of the Commission approving the PPA 25 and will remain in place to ensure the project meets its HACKETT, DI 24 Idaho Power Company 1 Commercial Operation Date. On or before the Commercial 2 Operation Date, a Default Security in the amount of - 3 per MW of Nameplate Capacity Rating must be in place until 4 the PPA expires . Default Security may be used for any 5 Deficit Damages if commercial operation is not achieved on 6 or before the Scheduled Commercial Operation Date or if the 7 PPA is terminated because of the Seller ' s default. 8 Q. Does the PPA contain any performance 9 guarantees? 10 A. Yes . Section 7 . 12 of the PPA contains a 11 performance requirement in the form of an Output Guarantee . 12 Under the Output Guarantee, the Seller is obligated to 13 deliver the sum of 90 percent of the Estimated Net Output 14 Amount of the Facility for the month, less any quantities 15 not delivered in such month constituting Seller 16 Uncontrollable Minutes . If the quantity of Net Output 17 delivered during any full calendar quarter is less than the 18 Output Guarantee, the Seller must make an Output Shortfall 19 payment, outlined in Exhibit 4 of the PPA. 20 In addition, Section 7 of the Agreement contains 21 standard provisions for operation and control of the 22 project. These include such things as planned outages, 23 maintenance outages, and forced outages, as well as 24 scheduling, forecasting, nameplate capacity increase 25 limitations, and metering. For forecasting, the PPA HACKETT, DI 25 Idaho Power Company 1 specifies that Idaho Power will administer the solar 2 forecasting model and the Seller is responsible for an 3 allocated portion of the total costs of the forecasting 4 model . 5 Q. Will Idaho Power take ownership of any Green 6 Tags or Environmental Attributes associated with the Blacks 7 Creek Project? 8 A. Yes . Under the PPA, Idaho Power will own 100 9 percent of the Green Tags and Environmental Attributes 10 associated with the solar PV facility. 11 Q. When will the PPA become effective? 12 A. Section 3 . 1 provides that the PPA will not 13 become effective unless the Commission has approved all the 14 PPA' s terms and provisions and declared that all payments 15 the Company makes to Seller for purchases of energy will be 16 allowed as prudently incurred expenses for ratemaking 17 purposes . This section also provides that subsequent to 18 execution of the PPA, Idaho Power will seek a final order 19 regarding approval or rejection of the Agreement from the 20 Commission, and that if Commission approval is not obtained 21 within six months, the Scheduled Commercial Operation Date 22 and Guaranteed Commercial Operation Date, may be extended 23 on a day-for-day basis until approval is obtained. Should 24 Commission approval not be obtained within 12 months, then 25 Idaho Power or the Seller have the right to terminate the HACKETT, DI 26 Idaho Power Company 1 Agreement . 2 Q. Does the PPA contain any provisions associated 3 with changes in existing import tariffs? 4 A. Yes . Section 6 . 1 of the Blacks Creek PPA 5 includes provisions associated with New Tariffs or 6 increases or decreases to existing import tariffs . The 7 provisions provide that if 8 9 10 11 12 13 14 Q. Did the Company consider how the economics of 15 the Blacks Creek PPA, with the inclusion of provisions 16 associated with new tariffs or changes to existing import 17 tariffs, compared to the other projects on the final 18 shortlist? 19 A. Yes . First, with respect to projects bid into 20 the 2026 RFP which solicited resources with both 2026 and 21 2027 commercial operation dates, there were no other viable 22 projects able to meet the June 1, 2027, commercial 23 operation date . With a remaining 2027 capacity deficit of 24 143 MW, the Blacks Creek Project is necessary to continue 25 to provide safe, reliable electric service in 2027 and HACKETT, DI 27 Idaho Power Company 1 beyond. With respect to the remaining 2028 Bids on the 2 final shortlist, Idaho Power anticipates that in light of 3 uncertainties around both new and existing import tariffs, 4 Sellers would have requested similar treatment and 5 protections and future contracts would have also included 6 provisions to protect both the Seller and the Company from 7 any tariff changes that may occur following execution, and 8 therefore would not expect changes to the rankings of the 9 2028 Bids on the final shortlist. 10 Q. Does Idaho Power believe the competitive 11 bidding process has determined the least-cost, least-risk 12 resources to meet the Company' s identified capacity 13 deficiencies? 14 A. Yes . The approval of the 2028 Bids final 15 shortlist for procurement of resources under the 16 competitive bidding rules is an extensive process, even on 17 the expedited basis requested by the Company, spanning 18 nearly 13 months, that employs a fair and competitive 2028 19 RFP process . This 13-month timeline was solely related to 20 the 2028 RFP process and diligence; it did not include 21 contract negotiation, contract execution, material 22 procurement, and construction, which can take another two 23 to six years, depending on the resource. The RFP process 24 began with the engagement of an IE, with participation from 25 OPUC Staff and stakeholders throughout, and involved a HACKETT, DI 28 Idaho Power Company 1 comprehensive eligibility screening process, the meticulous 2 assessment and scoring of the resource bids, including 3 benchmark resources, and a rigorous scenario analysis 4 followed by a portfolio sensitivity analysis of the final 5 shortlist . At the end of the process, the Company' s IE 6 attested to the reasonableness of Idaho Power ' s approach in 7 identifying bids for the 2028 Bids final shortlist and 8 stated the process was conducted with the utmost fairness 9 and impartiality, upholding the integrity of the selection 10 process . 16 11 To meet the identified capacity deficiencies, the 12 Company used the results from the 2028 Bids final 13 shortlist, identifying the cost-effective projects selected 14 through the extensive competitive bidding process . The 15 resources presented in my testimony are necessary and 16 required to timely meet the Company' s resource needs and 17 continue to provide reliable and adequate service to Idaho 18 Power' s customers starting in the summer of 2027 and into 19 the future. 20 V. CONCLUSION 21 Q. Please summarize your testimony. 22 A. Idaho Power initiated the 2028 RFP process on 23 February 29, 2024, and in accordance with the OPUC 24 competitive bidding rules, in order to provide peak 16 LEI Closing Report. HACKETT, DI 29 Idaho Power Company 1 capacity and energy resources to help meet the Company' s 2 peak electric energy needs in 2028 . One of the resources 3 selected through the fair and competitive procurement 4 process includes the Blacks Creek Project, an 80 MW solar 5 PV facility that supplies energy to the Company via the 6 Blacks Creek PPA, providing for a least-cost and least-risk 7 resource necessary for contributing to the remaining 2027 8 capacity deficiency. 9 Q. Does this conclude your testimony? 10 A. Yes . 11 HACKETT, DI 30 Idaho Power Company 1 DECLARATION OF ERIC HACKETT 2 I, Eric Hackett, declare under penalty of perjury 3 under the laws of the state of Idaho: 4 1 . My name is Eric Hackett. I am employed by 5 Idaho Power Company as the Projects and Resource 6 Development Director. 7 2 . On behalf of Idaho Power, I present this 8 pre-filed direct testimony and Exhibit No. 1 and 9 Confidential Exhibit Nos . 2 through 4 in this matter. 10 3 . To the best of my knowledge, my pre-filed 11 direct testimony and exhibits are true and accurate . 12 I hereby declare that the above statement is true to 13 the best of my knowledge and belief, and that I understand 14 it is made for use as evidence before the Idaho Public 15 Utilities Commission and is subject to penalty for perjury. 16 SIGNED this 5th day of September 2025, at Boise, 17 Idaho . 18 �rUL 19 Signed: 20 Eric Hackett 21 HACKETT, DI 31 Idaho Power Company