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Amendment refocuses HB1037 into an independent Strategic Energy Planning Office with 20‑year market forecasts

2783663 · March 26, 2025
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Summary

An amendment to HB1037 converts the bill’s original integrated resource planning office into a Strategic Energy Planning Office charged with 20‑year wholesale market and bulk-power risk forecasting, stakeholder processes, and triennial reporting; PSC is directed to assess the office’s reports in a public proceeding.

Committee staff described a wholesale rewrite of House Bill 10-37. Under the amendment the proposed office would be rebranded the Strategic Energy Planning Office and be structured to preserve independence and limit political interference. The office would be tasked with producing a comprehensive wholesale market and bulk‑power-system risk report, including scenario-based 20‑year forecasts assessing resource adequacy, market financial risk, and reliability.

Staff said the office must develop methodologies and inputs through a stakeholder process and publish a report every three years; the Public Service Commission would be required to convene a public proceeding to assess the office’s findings and recommendations. The amendment includes standards and guidance for scenario construction and forecast inputs but staff did not present finalized language for all governance or staffing details during the work group. Members praised the office’s analytic role but asked questions about independence, resourcing and how the office’s forecasts would be integrated into PSC and interagency planning processes.

Staff said the reworked bill would be presented with other amendments on the committee’s Friday agenda and that the office’s report and PSC proceeding were intended to offer a more consistent long-range analytical capability for planning and reliability decisions rather than to replace existing PSC processes.