Idaho Falls Utility Board Meetings

May 25, 2021 The Idaho Falls Power Board of the City of Idaho Falls met Thursday, May 25, 2021, at the Idaho Falls Power Energy Center, 140 S. Capital, Idaho Falls, Idaho at 1:00 p.m. Call to Order, Roll Call, and Announcements: There were present: Mayor Rebecca L. Noah Casper Board Member Michelle Ziel-Dingman (via Zoom, left at 2:19 p.m.) Board Member Jim Francis Board Member Jim Freeman (via Zoom) Board Member Lisa Burtenshaw Absent: Board Member Thomas Hally Board Member John Radford Also present: Bear Prairie, Idaho Falls Power (IFP) General Manager Randy Fife, City Attorney (via Zoom) Michael Kirkham, Assistant City Attorney (via Zoom) Linda Lundquist, IFP Board Secretary Mayor Casper called the meeting to order at 1:05 p.m. Industry Training and Discussion GM Prairie explained the difference between organized versus bilateral markets, and the terminology for Regional Transmission Operators (RTO), Independent System Operators (ISO), Energy Imbalance Markets (EIM), Southwest Power Pool (SPP), Balancing Authorities (BA) and Renewable Energy Credits (REC). Mayor Casper asked for clarification on what the responsibilities are of a BA. GM Prairie pointed out the BA’s responsibilities and gave supply and demand examples. He reviewed the growth charts of the ISO/RTO from 1996 to present. He explained what the SPP’s Energy Production by Fuel Type charts mean and discussed their growth in responsibilities, which lead to a discussion on how the SPP arrives at an energy balance. GM Prairie explained how Transmission Markets function and pointed out the value of Transmission Services like with the SPP, where savings are passed to the customer. Mayor Casper stated, that due to the loss of a quorum, the training will need to be continued in a future meeting. There being no further business, the meeting adjourned at 2:19 p.m. s/ Linda Lundquist s/ Rebecca L. Noah Casper Linda Lundquist, BOARD SECRETARY Rebecca L. Noah Casper, MAYOR 1