ABB_id2059
in News Departments > Policy Watch
print the content item

The California Public Utilities Commission (CPUC) has approved the renewable energy plans of the state's investor-owned utilities (IOUs), paving the way for the IOUs to solicit bids for clean energy procurement in order to fulfill California's 33% by 2020 renewable portfolio standard (RPS).

The decision approves the renewable energy procurement plans of Pacific Gas and Electric Co., Southern California Edison (SCE) and San Diego Gas & Electric, as well as allows SCE to forego holding a 2012 RPS solicitation and instead focus on procurement from small, distributed generation renewables.

The decision also includes modifications pertaining to standard variables for the least-cost, best-fit bid evaluation methodology; contract termination rights based on higher-than-expected transmission upgrade costs; and the use of energy-only and full deliverability time-of-delivery factors.

The utilities must file final RPS procurement plans with the CPUC to initiate the RPS solicitation process within 14 days.


Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.

Hybrid Energy Innovations 2015