Idaho Power Selects Siemens Westinghouse Proposal To Build New Power Plant In Mountain Home
Boise, January 9, 2006 - Idaho Power has selected a Siemens Westinghouse proposal to build a 170-megwatt combustion turbine at the utility's Evander Andrews Power Complex north of Mountain Home, Idaho. The proposal was selected as a result of a competitive bidding process that Idaho Power launched March 30, 2005.
The company initiated the request-for-proposal process following regulators' acknowledgement of Idaho Power's 2004 Integrated Resource Plan which takes a 10-year forward look at meeting future energy needs in the company's service area. The plan identified the need for a balanced portfolio of new sources of electrical generation to complement the company's energy conservation efforts. The plan - which is reviewed and updated every two years - cited the need for a new natural gas-fired combustion turbine in time to meet peak demand periods during the summer of 2007. Since the plan was completed in June of 2004, the need for the turbine has been moved back one year. It is now scheduled to come on-line in the summer of 2008 with construction slated to begin in 2007.
"Our selection of the Siemens Westinghouse proposal is the result of an objective and rigorous rating and evaluation process," said Jim Miller, senior vice president of Power Supply. "We have a responsibility to our customers to ensure adequate and reliable supplies of electricity at a fair price. The economics of this project, bolstered by its placement near our existing facilities, help make it possible for us to strike that balance."
Miller noted that by the new plant being located at the Evander Andrews Complex approximately 45 miles east of Boise, the company will realize long-term operating efficiencies by using existing operating crews. The new unit will be adjacent to two 45-megwatt gas-fired units built in 2001. The operating savings help offset the costs of building 40 miles of new transmission between the complex and Boise.
Costs of the project will not be finalized until later this spring following completion of contract negotiations between Idaho Power and Siemens Westinghouse. The contract will be included in the utility's application to the Idaho Public Utilities Commission for a Certificate of Convenience and Necessity.
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