1. Integrate, over the planning period, the electric utility'sforecast of demand for electric generation supply with recommended plans tomeet that forecasted demand and assure adequate and sufficient reliability ofservice, including, but not limited to:
a. Generating electricity from generation facilities that itcurrently operates or intends to construct or purchase;
b. Purchasing electricity from affiliates and third parties;and
c. Reducing load growth and peak demand growth throughcost-effective demand reduction programs;
2. Identify a portfolio of electric generation supplyresources, including purchased and self-generated electric power, that:
a. Consistent with § 56-585.1, is most likely to provide theelectric generation supply needed to meet the forecasted demand, net of anyreductions from demand side programs, so that the utility will continue toprovide reliable service at reasonable prices over the long term; and
b. Will consider low cost energy/capacity available fromshort-term or spot market transactions, consistent with a reasonable assessmentof risk with respect to both price and generation supply availability over the termof the plan;
3. Reflect a diversity of electric generation supply andcost-effective demand reduction contracts and services so as to reduce therisks associated with an over-reliance on any particular fuel or type ofgeneration demand and supply resources and be consistent with theCommonwealth's energy policies as set forth in § 67-102; and
4. Include such additional information as the Commissionrequests pertaining to how the electric utility intends to meets its obligationto provide electric generation service for use by its retail customers over theplanning period.
1. Integrate, over the planning period, the electric utility'sforecast of demand for electric generation supply with recommended plans tomeet that forecasted demand and assure adequate and sufficient reliability ofservice, including, but not limited to:
a. Generating electricity from generation facilities that itcurrently operates or intends to construct or purchase;
b. Purchasing electricity from affiliates and third parties;and
c. Reducing load growth and peak demand growth throughcost-effective demand reduction programs;
2. Identify a portfolio of electric generation supplyresources, including purchased and self-generated electric power, that:
a. Consistent with § 56-585.1, is most likely to provide theelectric generation supply needed to meet the forecasted demand, net of anyreductions from demand side programs, so that the utility will continue toprovide reliable service at reasonable prices over the long term; and
b. Will consider low cost energy/capacity available fromshort-term or spot market transactions, consistent with a reasonable assessmentof risk with respect to both price and generation supply availability over the termof the plan;
3. Reflect a diversity of electric generation supply andcost-effective demand reduction contracts and services so as to reduce therisks associated with an over-reliance on any particular fuel or type ofgeneration demand and supply resources and be consistent with theCommonwealth's energy policies as set forth in § 67-102; and
4. Include such additional information as the Commissionrequests pertaining to how the electric utility intends to meets its obligationto provide electric generation service for use by its retail customers over theplanning period.
1. Integrate, over the planning period, the electric utility'sforecast of demand for electric generation supply with recommended plans tomeet that forecasted demand and assure adequate and sufficient reliability ofservice, including, but not limited to:
a. Generating electricity from generation facilities that itcurrently operates or intends to construct or purchase;
b. Purchasing electricity from affiliates and third parties;and
c. Reducing load growth and peak demand growth throughcost-effective demand reduction programs;
2. Identify a portfolio of electric generation supplyresources, including purchased and self-generated electric power, that:
a. Consistent with § 56-585.1, is most likely to provide theelectric generation supply needed to meet the forecasted demand, net of anyreductions from demand side programs, so that the utility will continue toprovide reliable service at reasonable prices over the long term; and
b. Will consider low cost energy/capacity available fromshort-term or spot market transactions, consistent with a reasonable assessmentof risk with respect to both price and generation supply availability over the termof the plan;
3. Reflect a diversity of electric generation supply andcost-effective demand reduction contracts and services so as to reduce therisks associated with an over-reliance on any particular fuel or type ofgeneration demand and supply resources and be consistent with theCommonwealth's energy policies as set forth in § 67-102; and
4. Include such additional information as the Commissionrequests pertaining to how the electric utility intends to meets its obligationto provide electric generation service for use by its retail customers over theplanning period.
