PG&E Issues Its 2012 Renewables Portfolio Standard Request for Offers
At long last, PG&E finally issued its 2012 Renewables Portfolio Standard (RPS) Request For Offers (RFO). PG&E is seeking offers to procure approximately 1,000 GWh per year of renewable energy from long-term Power Purchase Agreements and Renewable Energy Credit Purchase Agreements (so they will accept offers of products that would qualify for any of the … Continue reading
California Public Utilities Commission to Consider New Proposals to Improve Renewables Portfolio Standard Procurement Process
On Oct. 5, 2012, Commissioner Mark Ferron of the California Public Utilities Commission (“Commission”) issued a 39-page ruling including a number of proposals to improve California’s Renewables Portfolio Standard (“RPS”) procurement process. Specifically, he proposed an: [E]ffort to streamline the RPS contract review process, increase the transparency of the Commission’s review of RPS procurement, establish … Continue reading
Renewables Portfolio Standard Rulemaking to Continue
Having dispensed with many of the preliminary issues regarding the new and improved 33% by 2020 Renewables Portfolio Standard, Commissioner Ferron issued a new scoping ruling on Wednesday providing a preliminary list of issues for the remainder of the proceeding. The scoping ruling extends the proceeding for another two years, however no specific procedural guideline … Continue reading
California’s Renewables Portfolio Standard Program Implementation Continues Full Steam
There’s a lot of action going on at the California Public Utilities Commission in the last week or so. On January 24, one of the Administrative Law Judges in the Renewables Portfolio Standard (“RPS”) proceeding issued a ruling seeking comment on “procurement expenditure limitations” for investor-owned utilities (the PG&Es of the world) — the cost … Continue reading
California Public Utilities Commission Issues Final Decision on Renewables Portfolio Standard Content Categories of SB 2X
Meeting in San Francisco last Thursday, the Commission issued a final decision on the Renewables Portfolio Standard (“RPS”) content categories– the so-called “buckets” that we have referred to in previous advisories and blog entries. Please read our advisory on a final breakdown of the decision and the impacts it will have on the energy industry … Continue reading
California Public Utilities Commission Issues Proposed Decisions Regarding New 33% Renewables Portfolio Standard
The two proposed decisions from Commissioner Ferron discussed in previous blog entries are still pending – nothing final just yet. The first proposed decision deals with the portfolio content categories– basically determining how much value renewable energy credit (REC) owners will get for selling their RECs. The biggest fight there seems to be whether or not … Continue reading
Proposed Decision on Renewable Procurement Targets to Reach 33% by California Public Utilities Commission
Lots going on in the California Public Utilities Commission’s renewables docket. First, nearly 30 parties commented on the Commission’s proposed decision regarding the portfolio content categories. See our advisory regarding the categories to learn more about that. In addition, the Commission just issued its proposed decision (PD) on overall procurement targets for utilities. Instead, the … Continue reading
CPUC Issues Proposed Decision Answering Many Questions Regarding the New “Three Bucket” Procurement Structure of SB 2X
We just issued an advisory on this subject — a must read for anyone who is trying to figure out how to value a REC (whether attached to energy, firmed and shaped, or unbundled).
Renewables Portfolio Standard Rulemaking at the California Public Utilities Commission Moving Forward
The Renewables Portfolio Standard (RPS) rulemaking at the California Public Utilities Commission (CPUC) is rumbling forward. Commissioner Ferron (the assigned Commissioner) has taken a cautious approach by issuing a Scoping Ruling that was not as far-reaching as some in the industry had hoped, but still providing some structure for the months (and likely years– that’s … Continue reading
California’s New Renewables Portfolio Standard: Opportunity Squandered
San Francisco partners Steve Greenwald and Jeff Gray wrote an article for Power Magazine recently. Here’s a link: http://www.powermag.com/issues/departments/legal_and_regulatory/Californias-New-RPS-Opportunity-Squandered_3790.html Steve and Jeff take the view that the new RPS bill does little to actually advance the development of, or any investment in, RPS power, nor create “green” or any other types of jobs, within or outside … Continue reading
