The California Public Utilities Commission (CPUC) said that its Renewables Portfolio Standard (RPS) program, which is one of the most ambitious in the country, remains ahead of target and is helping to drive down renewable contract prices. The state’s RPS requires investor-owned utilities, electric service providers, and community choice aggregators to procure 33% of retail…
California PUC comments on energy storage legislation
The following story was submitted by law firm Stoel Rives (http://www.stoel.com/) The California Public Utilities Commission’s (CPUC) workshop on its implementation of California’s recent energy storage bill, Assembly Bill (AB) 2514. The bill requires the CPUC and municipal utilities in California to open proceedings by March 1, 2012 to determine appropriate targets for the procurement…
REC Trading in California
Yesterday’s webinar, hosted by Information Forecast, Inc., on REC Trading in California brought up some interesting points that I just hadn’t considered before and got me thinking. The number one thing that stood out in my mind during this hour and a half program on the differences between Senate Bill 722 and the California Public…