HomeMy WebLinkAbout20080225Ridgeline Energy Comments.pdfeRiCELINE eEl
ENERq)' Z008 fEB 25 Prl 2: 38
23 Febr, 2008
VI US MA AN EMA
Jean JewllIdaho Pub Utili Cois472 W Wahin
Bo, 10 83720-74
Re: In th Ma of th Ap Di of th Pr fo th sale of IdaPow Copany's S0 Emis Allo in CY 2007 - ca No.: IPe--07-18
Der Ms. Jew:
En fo fi pl fi an orna an for (4) co of Rine Ene, llC'sCo 10 No of Mo Prre in Cone wi th Ab capt Matr.
If yo ha any ques, pJ cota Ric Raill at 841-5037.
Riè ill
Vice Pridt
Ridgli En LLC
Enlosu (5)
720W. Idaho, Suite 39 Boise, Idaho, USA
208.841.5037 DIRCT. 208.575.050 FACSIMILE . r r a V hill rq r 1- en. C 0 il
~
Rich Rayhill (lSB No. 3420)
Ridgli En, LLC
720 W Idao, Suite 39
Boise, Idao 83702
Telepne: (208) 841-5037
Fax: (208) 575-0350 (efa)
rryhi~-ecom
Attrney for Ridgelin Ene, LLC
2: 39
BEFORE TH
IDAHO PUBLIC UTITI COMMSSION
IN TH MATTR OF TH APPROPRITE )
DisPOmON OF PROCEEDS FOR TH )
SALE OF IDAHO POWER COMPAN'S S0 )
EMSSION ALLOWANCES IN CY 2007 )
)
)
)
)
CASE NO. IPC-E-07-18
RIELIN ENRGY, LLC'SCOMM TO NOTICE OF
MODIFIED PROCEDUR
Ridgelie En, LLC ("Ridgli"), rey submits th followi comments in rens
to Or No. 30495, da Feb 4, 2008. For th re su below, Ridgeli surt th
Idao Powe Compay ("IPo'j in its th prpose alteve for th us of the S02 pr - the
pu of a wi prjec's deelop ñghts
1. Inveent in wi en prvide excellent ecnomic value for Ida rayer. Wind
eq or ex ot avale ge me an do't sh th ecmic unties
(volatity in ful prce anor ca peties) th maes thos oth form of genon ecmicay
ñsk. In es, IP rayer wo be inves in clea re en as a hee agns
ñs ga prce an th un ex asia with liely fe can reucton prgr.
Th ha th gr cb of prvi IP raye th la re on us of th moy.
2. Vmd en geaton li ot. for of ele geon wi ne be as
PE TO INVER. ENGY.lL
inpeive in the.fu as it is to. Ths is du to risin conscton and mateal co as well as
scity of tuines. Additionaly, the be value in wi en generon is foun at th prer wid
site. Th ar not may if th an they ar pri possions. Aly, out-of-st utties have
pu coni or en into meor of un an let of in to puha
Idao wi frm Idao's prer si. Th si have th highst ca fac, lowe
conson co clos prxity to sutale tron and gr ea of inteon
Combin th advataes lea to lowe cost and, in tu lowe ene price. On th potential of
th prum si ha be ca IP wi be left to pu wi trm th les site an th
en wi be mo exve.
3. Th is grwi cume in in ac to rewale en. Avaiabil of reewales
wa vo th sie mos im is fa Ida with re to en. Deopmt of
rewables wa selec as th highes priority in order to meet Idao's grwig electcit demand.
Idaho Energy Policy Surey 2007. See http://ppa.boisestate.edu/ssrc/archive/2007-EPI-pressconf.pdf
Conduc by The En Policy Intu an th Center for Advan Ener Stues thug the
So Sc Reh Ce.
4. Use of the S02 pr in Ida wil crte Idao jobs and prmote ru ecnomic
developm
. Th Natona Audubn Soiet, the Sier Club an the Nat Consany,
am ot prviou op ofwi en, ar now caling for a 20-25
ti in in glba wi en genon by 2030;
. ths would mea an in in US wi ge megawa fr the cwt
13,00 to, poal, 325,00 me ove th ne 22 yea;. Scen at th IN covelyes Ida ha 15,00 me of wi
en geer poteti;
. ifld, ia 13. in wi en po cod ca i % of th grwt
tb wo me lo deop of 3,250 mewa of wi
PEON TO INVERI ENGY.lL
. In a 2004 anysis, the Idao Deent of Wate reurs determed 93
pet fu-tie jobs would be cr by ever 100 megwat of wi
energy generon inled. Umatlla County, Orgon, in 2005 se ths numbe at
42. Texa Sta Ener Conson Ofce, due to an esaton expeence in
Wes Texa wh wi en developmet be to pu in ancilar
deelot an maac pu th numbe at 300 job pe 100m W
. Accy, for ever 100 megawa of ined wi engy genon,
de on whch so you ac Ida woul se be 42 an 93
pe ful tie job REULT: the poteti for 3,023 new jobs (9,750 if th
TX SECO numbe ar ac) retig frm $6.5 Bilon in caita
invesent.
. If Ida ca 2% (6,5 mW), th's 6,04 jobs (19,500 us TX nube)
an $13 Bilon dollar of cata invesent.
. ifwe ca. 3% (9,750 m W) we coul se 9,069 ne jobs (29,250 jobs un
TX numbe) an $19.5 Billon inves
. Th would me suti loc ta revenue in addition to th jobs. Idaowo se po-send ed pr to surt th job de jus as
th have se in Or 18 po se prgr have be esli inth la fe yea.
. Mita ex to se 18,405 ne job :f wi ge an relamauf in th co yea
5. On the S02 pro have be exp to purha wi prjec development rights, the
am ofS0 pr so ex wo forer be ba :f pron to th Id Pulic
Utilities Commisson ("IPUC" for inluon in ra-bag or otherse prte to th IPUC for
reym :f IP raye.
6. The fi prpose altee for th us of the S02 pr is to includ th in th anua
PCA ca. Th li's sh of th moy wi befit only a few la inal cume. Th bul
ofIPo"s cume rede and sm bu ar unely to reive signca befit.
Addony, ths is an excellent snw yea, th ty of yea for wh th PCA, lie Ida's reoir
reve its gr rehae. It maes gr sens to put th mone to las benefit for the va
maty of Ida rayer
7. Th send prpo alve for th us of th S02 pr - the puha of gr ta
in anticion of fu leg re - ca be me by lPo se an own po in an
PE TO INVER. ENGY, u£
Idaho wid fan. Investent in gr tas win ensur tht the bul if not all, of the S02 pros win
be spent out of st. The befits will be enjoyed by those outide IPCo' s sece tetory. Invesent
in grn ta may not, ultily, be nec. Invesent in grn ta is a potentiy spulative use
of th money.
CONCLUSION
For th rens st above, Ridgelie rey urges ths Commssion to autori the
Ida Powe Compy to us th pr frm th sae of th S02 emns to esli an ownerhip
position in a wid ene development prjec as a hedge aga rising and unce fossil ful cost
an risk as a mea of seg :f low cost ener; an as a met of meeg the de of
IP cume th IP exp it pe of en gen by rele so.
':d
DATE th ~ da of Feb 20.
By
Rich Rayhi Vice
Ridgeli Ene, L
PEN TO INVERl ENGY, lL
CERTICiA:OF SERVICE
I HEY CETI th on ~ day ofFeb, a tr an corr copy of
th with an forein PETION TO RVEN BY RIELIN ENERGY,
LLC, wa seed by U.S. Ma po prd, to:
Barn Kline
Lisa D. Nordsm
JohnR. Gae
Celese Schwendi
Kal Boenkam
Gr Sad
Ma Stokes
Rady Alph
Idaho Powe Compay
PO Box 70
Boise, Idao 83707-0070
bkline(!idahopower .com
lnordstrom(!idahopower .com
rgale(!idahopower .com
ceschwendiman(!idahopower.com
kbokenkamp(!idahopower.com
gsaid(!idahopower .com
mstokes(!idahopower.com
rallphin(!idahopower .com
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XX:x
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Jea Jewell
Commisson Se
Ida Pulic Utities Commion
472 West Washin
Boise, Idaho 83702
Jean. j ewell(!puc.idaho. gOY
XX
Bil Chisholm
Ida Ene Educon Prjec
1093 E. Highway 30
Buh, ID 83316
Chisholm3 (!mindspring.com
XX
Pete J. Richn
Richadsn & O'Le
512N. 2Th St
XX
PF:N TO INVERI ENGY. LLC
eml & US Mail
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emaememem
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ema & US Mai
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Boise, ID 83702
peterrqrichardsonandoleary.com
Lin Gerais :x emaPatck Eh :x em
Avisl
1411 E. Mission
Spokane, W A 99202
Linda. gervaisrqavistacorp.com
Pat.ehrbarrqavistacorp.com
Donn Ensh :x emaRick Ste :x ema
Ter Calock :x em
RadyLobb :x emai
Don Howell :x em
Idao Public Utilities Commsson
472 W Washi
Boise, Idaho 83702
Donn.englishCiuc.idaho .gov
Rick.sterlingrqpuc.idaho. gOY
Terr.carlockrqpuc.idaho. gOY
Randy .lobbrqpuc.idaho. gOY
Don.howeU~puc.idao.gov
Joe Miler :x eml
420 W Banock
Boise, ID 83702
joerqmcdevitt miler.com
Road Doskeland, Winand :x em
Bjorn Dokela
7669 W Riversde Dr
Bois Idao
windrqwindland.com
bjomrqwindland.com
Rich Howad :x emlIdao Consaton Le
Come 5th & Hays
Boise, ID 83702
Atlatl lrqyahoo.com
Rich RaymU
PETTION TO INVERIEL ENGY.lL