250415

The excerpts do not discuss explicit financial or timeline risks and concerns in detail. However, several relevant points can be inferred:

- Financial risks are referenced indirectly through Avista’s calculation of incremental costs for investments made to meet renewable targets. The company compares the annual levelized revenue requirement for each qualifying project against the cost of alternative power sources (e.g., combined cycle combustion turbines). Avista also adjusts for REC (Renewable Energy Credit) sales and allocations between Washington and Idaho, aiming to reduce incremental cost impacts. For 2025, the change in revenue requirement is reported as minus 0.81 percent, suggesting limited upward financial pressure from compliance activities 1, 1.
- The costs for solar projects supporting voluntary renewable programs are segregated and borne solely by program participants, which may mitigate some financial risk for general ratepayers 1, 1.
- Timeline risks are not specifically discussed. However, the documentation notes that each utility must file its annual renewable portfolio standard report by June 1 of each year, and that certain projects (e.g., Clearwater Wind) have operational and certification details that could potentially introduce schedule uncertainty regarding compliance qualification 1, 1.

No explicit concerns or risk mitigation strategies are described regarding delays, cost overruns, or regulatory uncertainties in the provided excerpts.

The stakeholders explicitly listed in this docket (250415) are:

- Avista Corporation (Applicant), represented by Patrick Ehrbar, Director of Regulatory Affairs.
- Assistant Attorney General Jeff Roberson, Office of Attorney General.
- Public Counsel Tad O'Neill, Assistant Attorney General.

Their contact information is provided in the main service list 1, 1, 1.

The excerpts do not provide information on the specific positions of these stakeholders (i.e., whether they are for or against any specific proposals in the docket). The documentation only confirms their participation and roles in the proceeding, not their stances.

The provided excerpts do not identify explicit "areas of growth" in the sense of new business sectors, market expansions, or strategic initiatives. The content primarily focuses on Avista's compliance with the Energy Independence Act (EIA) renewable energy targets for 2025, summarizing how targets are met, eligible resources, and the calculation of incremental costs.

However, some implied areas of growth and related key considerations include:

1. Growth in Renewable Energy Resource Acquisition and Compliance
- Avista continues to expand its portfolio of qualified renewable resources, including wind (such as the Clearwater Wind Project), hydroelectric upgrades, qualifying biomass, and solar projects. The company specifically mentions new or expanded resources coming online, such as the Clearwater Wind project expansion beginning service in September 2024, which supports the utility's compliance and growth in renewable generation capacity 1, 1.
- Key considerations include regulatory compliance (meeting EIA and WAC 480-109-210 requirements), certification of projects (such as apprenticeship certification for wind projects), and ensuring eligibility of resource types (e.g., compliance with biomass sourcing requirements and hydro eligibility under updated rules) 1, 1.

2. Growth in Renewable Energy Certificate (REC) Management and Multistate Allocation
- There is ongoing management and allocation of RECs between Washington and Idaho, reflecting growth in cross-jurisdictional renewable energy accounting. Avista transfers RECs between states based on a defined production and transmission ratio and compensates Idaho customers, optimizing the use of renewable resources for compliance 1, 1.
- Key considerations here involve accurate valuation and allocation of RECs, compliance with ratemaking practices, and tracking REC sales and revenues for regulatory reporting.

3. Upgrades and Expansion of Existing Renewable Facilities
- Projects like hydroelectric upgrades and expanded wind capacity are highlighted, showing growth through capital improvements to existing assets rather than only new builds 1, 1.
- Key considerations include the eligibility of upgrades for compliance, method of certification, and the regulatory approval process for such expansions.

No other traditional business growth areas or market expansions are discussed in the provided excerpts. The focus remains on regulatory compliance, resource eligibility, and REC accounting as they relate to renewable energy targets.

This docket concerns Avista Corporation's 2025 compliance with Washington's Energy Independence Act (EIA), also known as Initiative 937. The EIA requires utilities with over 25,000 customers to source at least 15 percent of their electricity from eligible renewable resources by 2020 and to undertake cost-effective energy conservation. For 2025, Avista's renewable energy target is 871,498 MWh, based on the average Washington retail load from 2023 and 2024.

To meet its 2025 target, Avista uses a mix of renewable energy credits (RECs) and generation from wind, biomass (notably the Kettle Falls Generating Station), solar, and qualified hydroelectric upgrades. The report details generation quantities from each facility, the allocation of RECs between Washington and Idaho customers, and REC sales revenue. Avista confirms it is not relying on alternative compliance mechanisms for 2025.

Notable points include:
- Total eligible renewable resources for 2025 compliance: 1,662,610 MWh, exceeding the target.
- REC sales through May 14, 2025, generated $2,000,190 in revenue.
- The Clearwater Wind project (Eastern Montana) is included as a qualifying resource pending commission certification.
- Avista ensures all EIA-eligible RECs from multistate resources are assigned to Washington customers, with compensation to Idaho as required.
- The report includes required calculations of incremental cost, project-by-project resource details, and compliance with WAC 480-109-210 reporting requirements 1, 1.

Key events and submissions in this proceeding include:

- May 30, 2025: Avista Corporation submitted its "2025 renewable target compliance report" to the Washington Utilities and Transportation Commission, demonstrating compliance with the Energy Independence Act (EIA) renewable energy requirements for the 2025 compliance year 1, 1, 1.
- By June 1, 2025: As required by WAC 480-109-210, utilities must file their annual renewable portfolio standard report with the Commission and Department of Commerce detailing resources acquired to meet renewable obligations for the target year; Avista’s report was submitted in compliance with this deadline 1, 1.
- June 6, 2025: The main service list for docket 250415 was updated, adding parties of record and confirming the involved representatives from Avista and the Washington State Attorney General’s office 2, 2.

Any additional REC revenues or compliance adjustments occurring after May 14, 2025, will be included in Avista’s subsequent (2026) EIA report 1, 1.