Meeting, Meetings and More Meetings – Oh My!
Staff has been hard at work preparing materials for the numerous NRU and NRU-PS meetings slated for next week. Many readers of this update will be attending four meetings with us over the coming week, and we look forward to visiting with all of you, even if still only virtually. The date and time for each meeting is listed below. If you did not get materials or need connection information, please contact Ellyn Groves at firstname.lastname@example.org. All times listed are PDT.
Post – 2028 Working Group – Tuesday May 4 at 8:30 am
NRU Power Services Resource Management Committee – Tuesday May 4 at 1:00 pm
NIU Board Meeting – Wednesday May 5 at 7:30 am
NRU Board Meeting – Wednesday May 5 at 9:00 am
Please do not hesitate to contact any staff member of NRU with questions regarding any of these meetings. We are here to serve you!
At the EIM workshop this week, BPA shared they will be adding an additional three days to the final comment period prior to the decision to join the EIM. Unfortunately, those fall over the weekend, so it is not much of an extension. You will recall we asked BPA to restore the original Phase V timeline to provide sufficient time for BPA and customers to discuss all-things EIM prior to BPA making its decision to join. NRU staff asked BPA to share what topics it plans to include in the Phase V Close-out letter; BPA staff said they will try to share this at next month’s meeting.
Washington Legislature Passes Cap-and-Trade Legislation
On April 24, the Washington state legislature passed a final version of cap-and-trade legislation. Under the bill, the cap-and-trade program would go into effect in January 2023, but only if the legislature first passes transportation legislation that includes a $0.05/gallon gas tax increase. Governor Inslee is expected to sign the bill into law, though there is some chance he will use his line-item veto power to eliminate the requirement that the legislature first pass a transportation package.
If the program goes into effect, Washington would join California as the only western states with comprehensive carbon pricing mechanisms. Washington’s program would require a 95% reduction in carbon emissions from 1990 levels by 2050, although some emissions, such as those from agriculture, would be exempt. Utilities that emit more than 25,000 metric tons of carbon dioxide per year would be subject to the program, though they would receive at least some free compliance allowances through 2044.
NRU staff will continue to analyze the legislation to determine effects on our Washington members. If you have any questions, feel free to contact Zabyn at email@example.com or 503-351-0485.