9 a.m. to 10 a.m. - Integrated Program Review
BPA will provide an update on changes to the 2018 IPR process that will kick off in June. It will also cover how it ties to the cost management objective outlined in the 2018-2023 Strategic Plan and an overview of grid modernization, a major spending area for 2020 and 2021.
10 a.m. to noon - Leverage Policy
BPA will present scenarios and sensitivity analysis of the proposed policy. It will also cover the use of different tools to implement the policy, the policy proposal’s mechanics, preliminary analysis on potential policy impacts and respond to any comments received after the March 2 workshop.
1 to 3 p.m. - Financial Reserves Policy
This workshop will address comments submitted on March 2 meeting materials and will continue to discuss how increase Power Services’ financial reserves until they reach the minimum of 60 days cash on hand, and how to best leverage financial reserves to manage long-term wholesale market price exposure and promote greater rate stability.