Chelan PUD and Avista Announce Long-Term Clean Energy Contract
SPOKANE- An agreement was made with Chelan PUD and Avista provides valuable carbon-free energy to Northwest electric customers.
Avista and Chelan County Public Utility District (PUD) have finalized a contract for renewable hydropower from the PUD’s two hydro projects on the Columbia River. The 20-year contract increases Avista’s carbon-free resources toward its 2030 renewable energy goals, as well as contributes flexible capacity to identified needs in Washington and Idaho. The acquisition successfully closes out Avista’s 2020 Renewable Request for Proposals.
The competitively priced contract provides Avista with 5% of the output from the PUD’s Rock Island and Rocky Reach hydropower projects from 2026 through 2030; it increases to 10% of the output from these projects in 2031-2045.
“We see great value in this partnership with Avista as it delivers more clean, renewable, reliable hydropower to customers in the Pacific Northwest,” said PUD General Manager Steve Wright. “Increasing commitment to decarbonizing the electric sector, particularly in the western U.S., is increasing the value of hydropower. This contract increases PUD wholesale revenues that support low customer-owner rates and amenities like broadband services and our parks.”
“We are pleased to continue our partnership with Chelan PUD to provide more clean, reliable and affordable hydropower to our customers,” said Jason Thackston, Avista’s senior vice president of energy resources. “It’s another important step on our way to serving customers with 100% clean electricity by 2045 and 100% carbon neutral resources by 2027.”
The contract was negotiated after a competitively bid RFP process and includes both carbon-free energy attributes provided by hydropower as well as the dispatchable capacity to help Avista meet peak energy needs during high customer usage times.