Okla. Admin. Code § 165:35-37-4

Current through Vol. 42, No. 7, December 16, 2024

Section 165:35-37-4 - Integrated Resource Plan Reviews

(a) Each utility shall submit to the Commission a proposed integrated resource plan. The utility's first integrated resource plan was due on October 1, 2006, and subsequent plans shall be due every three (3) years thereafter, unless the utility requests an extension from the PUD Director or the utility requests a waiver from the Commission. The extension granted by the PUD Director shall not exceed six (6) months. Subsequent plans shall be developed and submitted as provided by the procedure set forth in OAC 165:35-37-5. The proposed resource plan shall include, among other things, a fuel procurement plan, purchased-power procurement plans, a risk management plan, an environmental compliance plan, and other elements as described further in this Subchapter. This plan will be made available upon request by any person or entity to the soliciting utility, except any portions subject to a Commission protective order.

(b) Each utility shall have an ongoing obligation to monitor markets and inputs and to notify the Commission when material changes in planning assumptions occur. As the integrated resource plan changes from year to year, the utility shall submit updates to the Commission. The Commission may require the utility to submit an interim, updated integrated resource plan to reflect material change(s) in planning assumptions.

(c) The integrated resource plan shall include, at a minimum, a tabular summary of each of the following Sections:

(1) Schedule A: An electric demand and energy forecast;

(2) Schedule B: A forecast of capacity and energy contributions from existing and committed supply- and demand-side resources;

(3) Schedule C: A description of transmission capabilities and needs covering the forecast period;

(4) Schedule D: An assessment of need for additional resources;

(5) Schedule E: A description of the supply, demand-side and transmission options available to the utility to address the identified needs;

(6) Schedule F: A fuel procurement plan, purchased-power procurement plan, and risk management plan;

(7) Schedule G: An action plan identifying the near-term (i.e., across the first five [5] years) actions that the utility proposes to take to implement its proposed resource plan;

(8) Schedule H: Any proposed RFP(s), supporting documentation, and bid evaluation procedures by which the utility intends to solicit and evaluate new resources; and

(9) Schedule I: A technical appendix for the data, assumptions and descriptions of models needed to understand the derivation of the resource plan.

(10) Schedule J: A description and analysis of the adequacy of its existing transmission system to determine its capability to serve load over the next ten (10) years, including any planned proposed changes to existing transmission facilities.

(11) Schedule K: An assessment of the need for additional resources to meet reliability, cost and price, environmental or other criteria established by the Commission, the State of Oklahoma, the Southwest Power Pool, North American Electric Reliability Council, or the Federal Energy Regulatory Commission. This assessment should address both base line forecast condition and important uncertainties, including but not limited to load growth, fuel prices, and availability of planned supplies.

(12) Schedule L: An analysis of the utility's proposed resource plan and any alternative scenarios necessary to demonstrate how the preferred plan best meets the planning criteria. Technical appendices should be included to document the planning analysis and assumptions used in preparing this analysis.

(13) Schedule M: A description and analysis of the Utility's consideration of physical and financial hedging to determine the Utility's ability to mitigate price volatility for the term covered by the IRP.

Okla. Admin. Code § 165:35-37-4

Added at 23 Ok Reg 699, eff 2-17-06 (emergency); Added at 23 Ok Reg 1666, eff 7-1-06; Amended at 24 Ok Reg 1827, eff 7-1-07; Amended at 27 Ok Reg 2098, eff 7-11-10; Amended at 29 Ok Reg 1541, eff 7-12-12

Amended by Oklahoma Register, Volume 31, Issue 24, September 2, 2014, eff. 9/12/2014

Amended by Oklahoma Register, Volume 36, Issue 21, July 15, 2019, eff. 7/25/2019