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more efficient, not to reduce the capability of reaching our targets over the next 

 ten^ears. Even though there were some budget difficulties with customers this 

 year, our planned investments over this ten year period are paced to adhere to our 

 targets. We remain committed to our conservation goal of 660 average megawatts 

 saved by the year 2003. In 1992, we exceeded our conservation goal. Results 

 from the first two quarters of this year indicate that we are ahead of schedule on 

 our goal for 1993. 



Bonneville is also on track towards acquiring renewable resources. We have 

 negotiated letters of intent for two geothermal demonstration projects. One site is 

 located near Newberry volcano in central Oregon and the other is near Vale, 

 Oregon. Both projects are approximately 30 megawatt capacity. Each field is 

 expected to be able to eventually support at least 100 megawatt capacity. Both 

 projects are expected to become operational in 1996. 



Bonneville has issued a solicitation offering to participate in demonstration wind 

 farm development. Two wind demonstration projects have been selected and 

 negotiations with sponsors are under way. Requests for interconnection and 

 shaping services are also under consideration. Bonneville continues to collect 

 wind data at several sites in the region and is supporting the development of model 

 siting standards for wind at the county level. 



The near term budget cuts to the conservation programs have been designed to 

 preserve the infrastructure of the programs without affecting the long term ability 

 to achieve savings. The utilities are working with us to identify ways in which they 

 can also reduce program costs. In various programs, the discussions include 

 reducing incentives, changing distribution methods of energy efficient equipment. 



