Saturday, August 17, 2019

Puerto Rico utility integrated resource plan delayed

By on October 4, 2018

SAN JUAN – Despite the urgency over its delivery, the Puerto Rico Electric Power Authority (Prepa) now says its integrated resource plan (IRP), the roadmap for the island’s long-term energy needs “will not and cannot” be ready this month as was expected.

Prepa made the announcement in an informative motion submitted to the Puerto Rico Energy Bureau (PREB) last week. The utility did not provide a timeline for the delivery of the IRP.

In the document, Prepa says the energy regulator requested in early September the inclusion of “certain scenarios and conditions” in the IRP by Sept. 12. The power company requested an extension that was granted to Sept. 25 following a technical conference.

However, the utility had previously warned the PREB that its “requests or directives” as well as those from the island’s Financial Oversight and Management Board (FOMB) could prevent Prepa from submitting the IRP by Oct. 31.

“Prepa previously has explained to the Bureau that Prepa had a number of discussions with FOMB personnel regarding the forecasts used in fiscal planning processes and the forecasts to be used in the IRP,” the document states.

Prepa also said it told the PREB on Aug. 1 that as a practical matter if the bureau were to require more scenarios to be run in the IRP, then that was likely to add one or two more months to the IRP process. After discussing the matter with the drafter of the IRP, Siemens, Prepa said the “2018 IRP will not and cannot be completed in October 2018.”

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