Loading...
HomeMy WebLinkAbout20201123Avista to Staff 9-10.pdfAVISTA CORPORATION RESPONSE TO REQUEST FOR INFORMATION JURISDICTION: IDAHO CASE NO: AW-E-20-10 REQUESTER: StaffTYPE: Production Request REQUEST NO.: Staff-009 DATE PREPARED: 1112012020WITNESS: Clint Kalich RESPONDER: John Lyons DEPARTMENT: Energy Resources TELEPHONE: (509) 495-8515 REQUEST: The natural gas price forecast filed in this case uses a blend of forward market prices, forecasts from U.S. Energy Information Administration (EIA)'s2020 Annual Energy Outlook, and forecasts from two national consultants. This methodology was discussed in the Company's second Technical Advisory Committee meeting on August 6,2020 for the 2021lntegrated Resource Plan (IRP). However, over the past IRPs such as the 2020 IRP in AVU-E- l 9-01 , Avista used a blend of forward market prices and forecasts from two national consultants without using forecasts from EIA. Please explain why the Company added the EIA forecast to the methodology. RESPONSE: The Company added the EIA Annual Energy Outlook forecast to the natural gas price forecast for the 2021 IRP to smooth out the forecast because one of the consultants had a peak in the 2040s which was skewing the forecast. This peak can been seen in the charts and underlying data in the confidential attachment to Staff PR 010. RECEIVED 2020November 23,AM 9:18 IDAHO PUBLIC UTILITIES COMMISSION AVISTA CORPORATION RESPONSE TO REQUEST FOR INFORMATION JURISDICTION: CASE NO: REQUESTER: TYPE: REQUEST NO.: IDAHO AVU-E-20-10 Staff Production Request Staff-0l0 DATE PREPARED WITNESS: RESPONDER: DEPARTMENT: TELEPHONE: ty2012020 Clint Kalich John Lyons Energy Resources (50e) 4es-8s1s REQUEST: Please provide the difference in the resulting forecast without the addition of the EIA forecast. Please provide the two forecasts and the difference in Excel format with all formula enabled. RESPONSE: Please see Avista's response 013C, which contains TRADE SECRET, PROPRIETARY or CONFIDENTIAL information and exernpt from public view and is separately filed under IDAPA 31.01.01, Rule 067 and233, and Section 9-340D, Idaho Code. Please see Staff PR_010_Confidential.xls with all of the underlying natural gas price forecast data with and without the EIA forecast included, as well as charts showing the differences. AVISTA CORPORATION RESPONSE TO REQUEST FOR TNFORMATION JURISDICTION: IDAHO CASE NO: AW-E-20-10 REQUESTER: StaffTYPE: Production Request REQUESTNO.: Staff-0l0C DATE PREPARED: 1112012020WITNESS: Clint Kalich RESPONDER: John Lyons DEPARTMENT: Energy Resources TELEPHONE: (509) 49s-8s1s REQUEST: Please provide the difference in the resulting forecast without the addition of the EIA forecast. Please provide the two forecasts and the difference in Excel format with all formula enabled. RESPONSE: Please note that the attached documents contain TRADE SECRET, PROPRIETARY or CONFIDENTIAL information and are separately filed under IDAPA 31.01.01, Rule 067 and 233, ard Section 9-340D,Idaho Code. Please see Staff PR_010 Confidential Attachment A with all of the underlying natural gas price forecast data with and without the EIA forecast included, as well as charts showing the differences.