20200724Compliance Filing.pdf

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LISA D. NORDSTROM
Lead Counse!
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July 24,2O2O
VIA ELECTRONIC FILING
Diane Hanian, Secretary
Idaho Public Utilities Commission
11331 W. Chinden Boulevard
Boise, ldaho 83714
Case No. IPC-E-01-16 - Compliance Filing - Changes to Energy Risk
Management Policy and Standards - May 2020 Update
Dear Ms. Hanian:
The ldaho Power Energy Risk Management Standards ("Standards"), adopted
pursuant to the ldaho Power Energy Risk Management Policy ("Policy"), require that any
modifications to the Standards and Policy be filed with the ldaho Public Utilities
Commission ("Commission") upon approva! by the Audit Committee of the Board of
Directors of ldaho Power Company ("ldaho Powe/'or "Company"). Accordingly, attached
are:
A confidential copy of the updated Standards and Policy as approved by the
Audit Commiftee of the Board of Directors in May 2O2O;
A confidential redline showing all changes from the prior version filed with the
Commission; and
A Counsel Certificate certifying that these changes were approved by the
ldaho Power Audit Committee.
ldaho Power modified the Standards and Policy to update the name and position
title of the designated oversight officer for the Standards and the members of the ldaho
Power Risk Management Committee; and to make clarifying edits and minor terminology
conections.
Please note that the Policy and Standards contain wholesale market strategy that
is commercially sensitive and if disclosed freely could subject ldaho Power or its
Re:
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a
o
Diane Hanian, Secretary
ldaho Public Utilities Commission
July 24,2020
Page2
customers to risk of competitive disadvantage or other business injury. The undersigned
aftomey, in accordance with RP 67, certifies that the Policy and Standards contain
information that is a trade secret as describedin ldaho Code S 74-101, ef seg., and $ 48-
801, ef seg., and as such is exempt from public inspection, examination, or copying.
lf you have any questions, please contact me at [phone]
Sincerely,
o€^- !.ff^rut -*,
Lisa D. Nordstrom
LDN:maa
Enclosurescc: Teni Carlock (w/encls.)
t, Cheryl W. Thompson, in my caparity as Senior Counsel ol ldaho Power Company' 9n
ldaho ctirporaf;o,i CtOatro-p-orri*1, io frlreuy ""rUry
on bchalf of ldaho Porrsr that a! a rye-u191
meeting o-f ihe Ardh Comminee oi'tre dardbiDidcbrs of ldaho Porrer(thc'Committee') hcld
on May-21, z0z},the Committee adopted the foltowing reolution:
RESOLVED, that the amendmentB to $e Energy Risk Managemont.Policy-and
tt e-energy hiJ[ ffiage;11jnt -Sta,dalds, ln th! brm or substantially the form
presentei'to the Comm-ittee at this meeting, are hereby approwd.
N WINESS WHEREOF, the undercigned has executed this certificate on behall ol
ldaho P;il; Cgfr;a,ry,in frei&daety asiegal-corrnsel to ldaho Power and not in herindividual
capacity, as of July U,,20?J,.
IDA}IO POWEB COIIPA]{Y
COT'NSEL CEFITIFICATE
By:
IDAHO POWER COftlPAtfY
oh/ot
Senior Gounsel