Company Research Report: Bonneville Power Administration (BPA)
Company Overview
- Name: Bonneville Power Administration (BPA)
- Mission: BPA delivers reliable, affordable, and carbon-free hydropower produced in the Columbia River Basin to communities across the Northwest.
- Founded: No information is available
- Founders: No information is available
- Key People: No specific key people mentioned in the provided data.
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- What the Company is Known For: BPA is known for providing clean, competitively priced power products and reliable transmission services, as well as a wide range of energy efficiency programs and initiatives. BPA markets wholesale electrical power from 31 federal dams and nonfederal power plants in the Northwest. It maintains over 15,000 miles of high-voltage transmission lines.
Products
- Products Offered:
- Power Services: BPA markets and sells electrical power, providing nearly carbon-free power at cost to customers in the Northwest.
- Transmission Services: BPA offers reliable and low-cost transmission services across the Pacific Northwest, maintaining more than 15,000 circuit miles of high-voltage transmission.
- Energy Efficiency: BPA's Energy Efficiency group collaborates with utility customers to establish regional energy efficiency goals and reduce energy use.
- High-Level Description and Key Features:
- Power Services: Customers enjoy low rates and clean energy due to BPA's cost-based pricing model. BPA markets power from federal and nonfederal sources, including one nonfederal nuclear plant.
- Transmission Services: BPA maintains significant high-voltage transmission infrastructure to ensure reliable energy delivery and employs industry-leading asset management practices.
- Energy Efficiency: BPA advances innovative energy-saving solutions, promoting cost reduction in energy use through various programs and initiatives.
Recent Developments
- Recent Developments in the Company:
- December 2024: BPA staff helped with hurricane response efforts in areas affected by hurricanes Helene and Milton.
- New Products Launched: No specific new products were mentioned.
- New Features Added to Existing Products: BPA focuses on enhancing its transmission infrastructure with increased transmission investments due to greater regional energy demands.
- New Partnerships: BPA collaborates with regional federal agencies and its customers to manage Columbia River operations, specifically for fish and wildlife conservation.
- Noteworthy Initiatives:
- Provider of Choice Initiative: Designed to develop new policies and contracts to meet customers' needs and offer competitively priced power post-2028.
- Day-Ahead Market: BPA is working with customers to develop a policy for potential participation in a day-ahead market.
Environmental and Social Initiatives
- Environmental Initiatives: BPA funds habitat improvements for species conservation, evident in recent contracts to enhance chum salmon habitat.
- Social Contribution: BPA sponsors community education programs and actively involves itself in disaster relief efforts, exemplifying its commitment to regional welfare.
This report provides a comprehensive view of Bonneville Power Administration based on available data, emphasizing its strategic initiatives, service offerings, and commitment to providing clean and reliable energy to the Northwest.