megawatts (MW) of transmission service under Idaho Power’s Open Access Transmission Tariff (OATT) in place of the current amounts paid by PacifiCorp to Idaho Power under the Legacy Agreements, part of the 1,600 MWs to meet PacifiCorp’s operational needs. With OATT-based transactions, all operations will continue to be governed by current reliability standards and industry business practice language instead of reconciling the language of the Legacy Agreements, which PacifiCorp asserts are antiquated and whose language can be subject to interpretation and disagreement. Additionally, PacifiCorp asserts that OATT-based transactions will add flexibility, transparency, more efficient use of assets, and may facilitate new market development, such as the Energy Imbalance Market. Asset Exchange PacifiCorp states that its capacity needs above the amount to be served under the OATT is the basis for determining the asset exchange portion of the application. PacifiCorp claims that it needs 1,090 MW of east-to-west capacity across the existing Idaho Power transmission system. PacifiCorp will meet this capacity need through the acquisition of ownership in facilities between Adelaide, Borah, Kinport, and Midpoint in Idaho. Per PacifiCorp, the exchange will provide it with capacity and ownership on three Jim Bridger transmission lines. Idaho Power will receive capacity and ownership on the same lines. The asset exchange is summarized as follows: PacifiCorp will receive capacity and ownership in the following substations and transmission
megawatts (MW) of transmission service under Idaho Power’s Open Access Transmission Tariff (OATT) in place of the current amounts paid by PacifiCorp to Idaho Power under the Legacy Agreements, part of the 1,600 MWs to meet PacifiCorp’s operational needs. With OATT-based transactions, all operations will continue to be governed by current reliability standards and industry business practice language instead of reconciling the language of the Legacy Agreements, which PacifiCorp asserts are antiquated and whose language can be subject to interpretation and disagreement. Additionally, PacifiCorp asserts that OATT-based transactions will add flexibility, transparency, more efficient use of assets, and may facilitate new market development, such as the Energy Imbalance Market. Asset Exchange PacifiCorp states that its capacity needs above the amount to be served under the OATT is the basis for determining the asset exchange portion of the application. PacifiCorp claims that it needs 1,090 MW of east-to-west capacity across the existing Idaho Power transmission system. PacifiCorp will meet this capacity need through the acquisition of ownership in facilities between Adelaide, Borah, Kinport, and Midpoint in Idaho. Per PacifiCorp, the exchange will provide it with capacity and ownership on three Jim Bridger transmission lines. Idaho Power will receive capacity and ownership on the same lines. The asset exchange is summarized as follows: PacifiCorp will receive capacity and ownership in the following substations and transmission