PNGC Power   8440 SE Sunnybrook Blvd., Ste. 200 • Clackamas, Oregon 97015 • 503.288.1234
River
BPA
Since its inception, BPA has been a foundation of the Northwest’s economic prosperity and environmental sustainability. Today, both consumer-owned utilities (COUs) and investor-owned utilities (IOUs) benefit from the BPA power and transmission systems, so ensuring that BPA is able to address industry dynamics that are working against the agency’s cost competitiveness and commercial performance is critical. Instead of turning back the clock, we need to think forward and plan and position for the future now. Today, BPA is governed, among other laws, by the 1980 Northwest Power Act (Power Act), which is 40 years old. Many features of that landmark legislation and other BPA-enabling legislation, still make sense. However, many features need to be modernized to better reflect the values of the Northwest and the realities of the 21st Century energy landscape. Along these lines, we are interested in collaborating with regional stakeholders and elected officials to update and improve the Power Act to a 2.0 model that responds to the evolving energy needs of the region and puts BPA in a solid foundation now and into the future. 
 
BPA plays a key role in the Northwest, serving citizens through a multipurpose public-service mission. However, as the industry in which BPA operates continues to change, the agency faces serious risks and uncertainties. This includes, increasing fish and wildlife costs driven by Endangered Species Act requirements, to growing financial constraints and limits on U.S. Treasury borrowing authority (BPA’s primary source of debt financing) that are causing BPA to propose enormous rate increases. BPA’s power production and the cost of that production face major uncertainties and risks as well. These regulatory and market dynamics inject significant uncertainty into PNGC’s current and future power supply and access to critical transmission services. While we regard BPA as a business partner, PNGC believes the agency would benefit from a major set of fixes to preserve its competitiveness and ability to continue to serve the Northwest going forward.