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WAPA releases its 2015 State of Assets Report

WAPA's Media Line: 720-962-7411

For immediate release: April 10, 2015
Contact: Lisa Meiman, 720-962-7050mediarelations@wapa.gov​

LAKEWOOD, Colo. — Western Area Power Administration published its 2015 State of Assets report.

The report is a present and forward look at WAPA’s efforts to tackle the energy industry’s most difficult challenges, in concert with customers, industry partners and other agencies, to ensure affordable electricity for future generations.

"It is time for WAPA and our customers to focus our attention on the major challenges, or as I like to think of them: ‘big rocks.’ They are those events and trends that can, and will, fundamentally change the way power is marketed and transmitted. We need to not only recognize the changes, opportunities and challenges happening around us, but also discuss how we will react and adapt to them to continue to provide reliable electric service for millions of Americans in a new energy frontier,” said WAPA Administrator and CEO Mark Gabriel.

Aging infrastructure, increasing regulations, intermittent resources, physical and cybersecurity and markets are all issues challenging the industry’s status quo and WAPA’s commitments to deliver on its mission; operate safely, securely and reliably; and manage resources effectively.

The report explains how WAPA will strengthen its business, technology and organizational excellence through various initiatives to prepare its employees for powering the energy frontier. The initiatives are:

  • Strategic Roadmap 2024

  • Human Capital Management

  • Asset Management

  • Sustainable Funding

By improving the way it does business, WAPA will be ready to accommodate change and help lead the industry through a complicated and evolving future.

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