02 — Capability · BC-1570.10
Supply Portfolio Planning
Forecast the load the utility must serve and assemble a mix of owned generation, contracts and market purchases that covers it reliably at the lowest reasonable cost.
- Resource Planning
- Load Serving Portfolio
- Integrated Resource Planning
In scope
- Load forecasting for the customers served
- Resource adequacy and capacity obligations
- Power purchase and gas supply contract portfolio
- Long-term resource plans filed with regulators
Out of scope
- Supply planning for manufactured goods and materials (see BC-610.20)
- Sales and operations planning across the supply chain (see BC-610)
- Price hedge execution (see BC-230.30.20)
Decomposes into · 5
- BC-1570.10.10Supply Requirement ForecastingForecast the hourly energy the supply book must buy or generate, from the next day out to the procurement horizon, anchored to the long-range load forecast (see BC-1510.10).
- BC-1570.10.20Resource Adequacy PlanningShow that enough firm capacity and reserves are secured to meet peak demand and the obligations set by the ISO, RTO or system operator.
- BC-1570.10.30Power Purchase AgreementsOriginate, value and administer long-term energy and capacity contracts with generators so their volumes and terms feed the supply portfolio.
- BC-1570.10.40Integrated Resource PlanCompare future generation, storage and demand-side options over the long term and file the preferred plan with the PUC or PSC where required.
- BC-1570.10.50Gas Supply PortfolioContract gas supply, pipeline capacity and storage so firm customers are served through the winter peak.