Against the backdrop of soaring fossil fuel prices due to the war that Russia is waging on Ukraine, a transition to cleaner fuels is underway in the Northwest that will touch nearly all aspects of the economy.
The Council is set to make improvements to the Northwest’s resource adequacy assessment this year. John Fazio discussed the upcoming work to improve the annual assessment, which acts as an early warning of potential future power shortfalls.
The United States is on track to unseat Saudi Arabia as the world’s number two oil producer, and may even catch Russia, the number one producer, later this year.
