Abstract

This document lays out the Bonneville Power Administration`s Power Subscription Strategy, a process that will enable the people of the Pacific Northwest to share the benefits of the Federal Columbia river Power System after 2001 while retaining those benefits within the region for future generations. The strategy also addresses how those who receive the benefits of the region`s low-cost federal power should share a corresponding measure of the risks. This strategy seeks to implement the subscription concept created by the Comprehensive Review in 1996 through contracts for the sale of power and the distribution of federal power benefits in the deregulated wholesale electricity market. The success of the subscription process is fundamental to BPA`s overall business purpose to provide public benefits to the Northwest through commercially successful businesses.

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