{"id":797619,"date":"2025-01-02T17:04:01","date_gmt":"2025-01-02T22:04:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-submits-2025-electric-integrated-resource-plan\/"},"modified":"2025-01-02T17:04:01","modified_gmt":"2025-01-02T22:04:01","slug":"avista-submits-2025-electric-integrated-resource-plan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avista-submits-2025-electric-integrated-resource-plan\/","title":{"rendered":"Avista submits 2025 Electric Integrated Resource Plan"},"content":{"rendered":"

\nWill issue Request for Proposals (RFP) to ensure reliable service in the future
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SPOKANE, Wash., Jan. 02, 2025 (GLOBE NEWSWIRE) — Avista Utilities<\/a>, an operating division of Avista Corp.<\/a> (NYSE: AVA), has filed its 2025 Electric Integrated Resource Plan (IRP) with the Washington Utilities and Transportation Commission and the Idaho Public Utilities Commission. Avista produces an electric IRP every two years detailing projected growth in electricity demand and the new resources needed to serve customers over the next 20 years.<\/p>\n

The electric IRP balances resource requirements to meet Avista\u2019s clean energy targets while maintaining a reliable and cost-effective resource mix. The plan includes adding new renewable resources including wind and solar through contract or ownership by the end of the decade and calls for continuing Avista\u2019s long history of offering energy efficiency programs to help offset demand growth. To ensure adequate system supply, Avista will also need reliable generation resources including either new natural gas generation or energy storage by the end of the decade. The plan also recommends starting demand response programs designed to work with customers to lower their demand when the system is experiencing peak loads.<\/p>\n

“Avista’s 2025 Electric IRP demonstrates a continued commitment to a clean and affordable energy future for our customers,” said Scott Kinney, Avista\u2019s vice president of energy resources and integrated planning. “The IRP also reveals the importance of maintaining and modernizing current infrastructure and the need to acquire new resources to meet customer growth. To address this need, Avista will issue an All-Source Request for Proposals (RFP) in May that we expect will identify both capacity and renewable resources to ensure reliable service in the future.\u201d<\/p>\n

Some highlights of the 2025 IRP include:<\/p>\n