Section 704.9482 - Requirements for energy supply plan, purchased power procurement plan, fuel procurement plan and risk management strategy; consistency with action plan; annual filings1. The resource plan of a utility must contain an energy supply plan for the 3 years covered by the action plan of the utility. The resource plan of a utility must be consistent with the action plan of the utility.2. An energy supply plan must be developed by a utility using its base forecast and target planning reserve margin.3. As part of its energy supply plan, a utility shall develop a purchased power procurement plan. The purchased power procurement plan of a utility must include, without limitation: (a) The proposed mix of purchased power products by: (2) Delivery profile; and(3) The term that the utility considers appropriate for the expected demand.(b) A description of the criteria used to determine the proposed mix of power products and the material factors influencing the selection of the criteria.(c) The proposed schedule for procuring the purchased power products, including a description of any competitive procurement processes to be undertaken.(d) A regional assessment of the availability of fuel and purchased power resources for the period covered by the energy supply plan.(e) A projection of remaining capacity and energy requirements for each year of the period covered by the energy supply plan, after accounting for all existing resources and proposed long-term purchased power obligations.(f) A description, by type and term, of each existing purchased power contract with deliveries during the period covered by the energy supply plan.(g) A description, by type, delivery profile and term, of the purchased power products expected to be available to the utility during the period covered by the energy supply plan.4. As part of its energy supply plan, a utility shall develop a fuel procurement plan for each fuel that the utility uses to generate at least 5 percent of its annual energy requirements. The fuel procurement plan must include, without limitation: (a) For each year of the energy supply plan, a projection of the quantity of each fuel the utility expects to use for each generating unit owned or controlled by the utility.(b) A description of each existing fuel contract with deliveries during the period covered by the energy supply plan, including the type of product, the quantity to be delivered, the delivery point and the term of the contract.(c) A description of the fuel products available to the utility during the period covered by the energy supply plan, including the type of product, the pricing method, the delivery point and the term of the availability of the fuel products.(d) The proposed mix of fuel products.(e) A description of the criteria used to determine the proposed mix of products and the material factors influencing the selection of the criteria.(f) The proposed schedule for procurement of the fuel, including a description of any competitive procurement process to be undertaken.5. As part of its energy supply plan, a utility shall include a risk management strategy that includes, without limitation: (a) A description of how the risk management strategy was reflected in the determination of the energy supply plan proposed by the utility.(b) A description of the criteria used to select the proposed risk management strategy and identification of the material factors that influenced the selection of the criteria by the utility.(c) A description of each technique for mitigating risk that was considered.(d) The criteria to be used to evaluate the effectiveness of the risk management strategy.6. A utility shall annually file with the Commission an evaluation of its purchased power procurement plan, its fuel procurement plan, its risk management strategy and, if applicable, the results of any performance-based methodology for the recovery of costs for natural gas for each year included in its deferred energy application filed pursuant to NAC 704.023 to 704.195, inclusive.7. The energy supply plan of a utility must include a technical appendix that conforms to NAC 704.922.Nev. Admin. Code § 704.9482
Added to NAC by Pub. Utilities Comm'n by R004-04, eff. 5-25-2004NRS 703.025, 704.210, 704.741