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
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
2011 Renewables RFO Launched in Landscape of Uncertainty
There is no doubt that California has mandated an aggressive Renewables Portfolio Standard (RPS), requiring utilities to procure 33% renewables by 2020. But the question on everyone’s mind is, “How are we going to get there?” Typically, the large utility request for offer (RFO) process is the starting point. However, this year, the amount of uncertainty surrounding procurement … Continue reading
New CPUC Renewables Rulemaking Covers Senate Bill 2X, Renewables Portfolio Standard, and Renewables Integration
CPUC Issues New Renewables Rulemaking Addressing SB 2X Implementation, RPS Changes, and Renewables Integration. Check out our latest advisory. This new rulemaking at the California Public Utilities Commission (CPUC) is about as broad as it gets and if there isn’t something in there that affects you, then you aren’t in the energy business (renewable or otherwise!) … Continue reading
