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Policy. Additionally, EWEB recognizes that we operate in the context of other energy suppliers and a highly <br />integrated grid and economy. Therefore, our specific role in deep decarbonization must include some external <br />context, such as: <br />•Forms of Energy: Energy comes in multiple forms, and environmental attributes must be evaluated <br />through the entire energy cycle across all forms (e.g. conversion efficiencies, losses) <br />•Regional Electricity: The electric grid is highly integrated, and the carbon impacts of our local <br />decisions must be evaluated on a regional basis. <br />•Forward-Looking Models: Climate change will have impacts on electricity generation and <br />consumption patterns over the next several decades, meaning past patterns will need to be mixed with <br />new with future projections. <br />•Timing Matters: Even with predicted advancements in storage technology, electricity supply and <br />consumption will continue to be synchronized, and the instantaneous dynamics will impact reliability, <br />carbon content, and cost. <br />•Peaking: Energy suppliers make decisions and build systems based on peak demand, not average. <br />•Natural vs. Human Dispatch: Most renewable electricity generation relies on natural dispatch, <br />making it variable and less dependable. <br />•Consumer Behavior: Customer energy choices are made based on perceived value; the relationship <br />between a product’s features/benefits and costs. <br />The a forementioned external context, along with EWE B’s Strategic Plan, Organizational Values, and Climate <br />Change Policy all provide guidance for decisions , partnerships, and investments aligned with deep <br />decarbonization. As we continue to evaluate decisions based on their economic, social, and environmental <br />aspects, our climate change work will focus on the following. <br />•support an electric power portfolio utilizing low-carbon, renewable resources to the extent possible <br />and practical without impacting safety or reliability. <br />•participate in local, state, and regional efforts to encourage, develop and enact measures to mitigate <br />carbon emissions in the energy sector that contribute to climate change. <br />•continue efforts to reduce the greenhouse gas emissions from EWEB’s operations through the use <br />of the Triple Bottom Line analytical framework, including impacts on the environment and climate. <br />•assist customers with their carbon reductions through technical assistance and resources that support <br />energy efficiency, alternative fuels, electric and water cons ervation, and smart electrification. <br />•prepare for and minimize the effects of climate change that could impact EWEB’s water and electric <br />supply and infrastructure, damaging EWEB’s resiliency and reliability. <br />Thes e aspects of our climate change policy inc lude a robust evaluation of the environmental, social, and <br />economic impacts to all segments of our community. EWEB is coordinating with multiple partners to <br />understand, define, and execute our role in deep decarbonization. We have sponsored, or partnered, on several <br />studies evaluating the impacts of carbon reduction legislation on cost and reliability, including several by <br />Environmental+Economic Energy (E3). In the upcoming years, EWEB will develop an Integrated Resource <br />Plan (IRP) which will guide the selection of future generating resources. <br />Carbon reduction goals are clear, but the solutions are complex and involve multiple sectors, technologies, <br />partnerships, research, and a plethora of perspectives on regulatory oversight. In the joint meeting of the <br />EWEB Commissioners and Eugene City Council, we look forward to discussing and presenting more <br />information on carbon policy, electrification of transportation (EV’s), and other forms of smart electrification. <br />Recommendation <br />None at this time. For more information about EWEB’s Climate Change Policy, go to <br />http://www.eweb.org/Documents/documents-publications-policies/board-policies.pdf <br />February 11, 2019, Joint Work Session - Item 1