BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



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          |SENATE RULES COMMITTEE            |                    AB 64|
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                                 THIRD READING


          Bill No:  AB 64
          Author:   Krekorian (D) and Bass (D), et al
          Amended:  6/23/09 in Senate
          Vote:     21

           
           SENATE ENERGY, U.&C. COMMITTEE  :  6-5, 7/7/09
          AYES:  Padilla, Corbett, Kehoe, Lowenthal, Simitian,  
            Wiggins
          NOES:  Benoit, Calderon, Cox, Strickland, Wright
           
          SENATE APPROPRIATIONS COMMITTEE  :  8-5, 8/27/09
          AYES:  Kehoe, Corbett, Hancock, Leno, Oropeza, Price, Wolk,  
            Yee
          NOES:  Cox, Denham, Runner, Walters, Wyland
           
          ASSEMBLY FLOOR  :  44-31, 6/3/09 - See last page for vote


           SUBJECT  :    Energy:  renewable energy resources

           SOURCE  :     Author


           DIGEST  :    This bill increases Californias Renewables  
          Portfolio Standard to require all retail sellers of  
          electricity and all publicly-owned utilities to procure at  
          least 33 percent of electricity delivered to their retail  
          customers from renewable resources by 2020.  The bill  
          establishes the Energy Planning and Infrastructure  
          Coordinating Committee to develop a strategic plan to  
          identify and rank renewable energy development zones along  
          with the needed transmission and distribution necessary to  
                                                           CONTINUED





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          access those zones. 

           ANALYSIS  :    

          I.  33 Percent Renewables Portfolio Standard (RPS)

              Current law requires investor-owned utilities (IOUs) and  
             energy service providers (ESPs) (also defined as retail  
             sellers) to increase their existing purchases of  
             renewable energy by one percent of sales per year such  
             that 20 percent of their retail sales, as measured by  
             usage, are procured from eligible renewable resources by  
             December 31, 2010.  This is known as the Renewables  
             Portfolio Standard (RPS).  

             Current law exempts publicly owned utilities (POUs) from  
             the RPS program and instead requires these utilities to  
             implement and enforce their own renewable energy  
             purchase programs that recognize the intent of the  
             Legislature to encourage increasing use of renewable  
             resources.

             This bill requires IOUs, POUs and ESPs to increase  
             purchases of renewable energy such that at least 23  
             percent of electricity delivered to retail customers is  
             from a renewable energy resource by 2014, 27 percent by  
             2017, and 33 percent by 2020.  IOUs and ESPs would still  
             be required to meet the 20 percent by 2010 mandate.  A  
             new firm requirement of 20 percent by 2010 would be  
             required of the POUs.

             This bill generally requires that the IOUs follow  
             existing planning, procurement, and cost containment  
             laws (Section 399.11 et seq. of the Public Utilities  
             Code) until each IOU reaches its 20 percent RPS goal, at  
             which time new provisions would trigger (proposed  
             Section 950 et seq. of the Public Utilities Code).

          II.  Cost Containment

              Current law requires the Public Utilities Commission  
             (PUC) to develop, by rulemaking, a procurement process  
             for renewable resources by IOUs which includes the  
             determination of a benchmark for the market price  







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             (market price referent or MPR) of electric generation  
             against which renewable contracts are evaluated for  
             reasonableness in price.  If the generation costs of  
             those contracts exceed the MPR those costs are  
             collectively measured against specified thresholds which  
             if exceeded relieve the IOU's of contracting for  
             additional renewable generation at costs above the MPR  
             (also known as cost cap).

             This bill modifies the calculation of the MPR, now cast  
             as the "benchmark price," to also include the value of  
             reducing emissions of greenhouses gases and the value of  
             increasing the diversity of electricity generation.   
             This bill prohibits the PUC from presuming an RPS  
             contract is reasonable if its cost is less than the  
             benchmark price and is the sole basis for determining  
             whether a contract is just and reasonable.
                  
             This bill suspends a retail seller's obligation to  
             procure renewable resources if the costs of contracts  
             above the benchmark price collectively exceed five  
             percent of the retail sellers "total system annual  
             revenue requirements."  Procurement above benchmark  
             prices could continue at the option the retail seller  
             subject to PUC approval.

          III.  Delivery/Renewable Energy Credits (RECs)
           
             Current law requires renewable resources to be generated  
             in, or delivered to, the California grid.

             This bill defines delivery and delivered to mean that  
             electricity from a renewable resource is used to serve  
             California customers or is simultaneously scheduled to  
             meet anticipated in-state load.
                  
             Current law defines electric generation resources that  
             are eligible to be counted toward the 20 percent RPS  
             mandate.

             This bill defines an eligible renewable resource to  
             include an unlimited number of renewable energy credits  
             for resources if procured prior to January 1, 2010, and  
             were previously determined as eligible by the California  







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             Energy Commission (CEC).

          IV.  Enforcement
           
             Current law requires the PUC to assess penalties on a  
             retail seller which fails to reach its RPS obligations  
             but allows waiver of the penalties under certain  
             conditions.

             This bill permits the PUC to waive compliance penalties  
             if it determines that the retail seller has made a  
             reasonable effort to meets its RPS obligations or has  
             made investments in energy efficiency that have resulted  
             in significantly less demand for electricity.

          V.  Miscellaneous
           
             This bill directs the PUC to provide a preference to  
             contracts for eligible renewable resources for  
             California suppliers.

             This bill requires the PUC to report to the Legislature  
             every two years on the status and progress of achieving  
             the 33 percent RPS.

             This bill directs the CEC to implement the RPS law so  
             that it is compatible with and does not preclude the  
             installation of 4,000 megawatt electrical generation  
             from combined heat and power systems.

          VI.  POUs
           
             This bill requires POUs to adopt a program to procure 33  
             percent of retail electric sales from renewable  
             resources and to disclose to the public and the CEC when  
             it will deliberate its RPS procurement plan, its status  
             and further plans under specified timelines and with  
             specified details.  An additional annual report is  
             required to its customers and the CEC on the  
             expenditures, resource mix and progress toward meeting  
             the RPS.

             This bill suspends the requirement of a POU to procure  
             additional renewable resources in any three-year period  







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             that the POU's costs exceed its total system annual  
             revenue requirements.

             This bill exempts the Trinity Public Utility District  
             from compliance with the RPS and makes specific  
             accommodations for the Truckee Donner Public Utility  
             District.

             This bill directs the CEC, if it determines that a POU  
             has failed to comply with the RPS, to refer a POU to the  
             Air Resources Board (ARB) so that it may impose  
             penalties for failure to comply. 

          VII.  Transmission/Siting

              This bill creates the Energy Planning and Infrastructure  
             Coordinating Committee (EPIC) comprised of the President  
             of the PUC, Chair of the CEC, Secretaries of the  
             Environmental Protection Agency and the Resources  
             Agency, and Chair of the Independent System Operator  
             (ISO) as voting members and other specified nonvoting  
             members.  Its charge would be to develop a strategic  
             plan to meet the RPS goals of the bill.

             Current law charges the CEC with siting authority for  
             all thermal power plants with a capacity of 50 megawatts  
             or more.

             This bill expands the authority of the CEC to site  
             renewable energy resource plants of five megawatts or  
             more which would include wind, solar technologies,  
             geothermal, biomass, and others. 

             Current law requires a certificate of public convenience  
             and necessity (CPCN) from the PUC to construct a  
             transmission line.

             This bill requires the PUC to approve an application for  
             a CPCN for a line that will facilitate the transmission  
             of renewable generation within one year of the filing of  
             a completed CPCN.  The PUC could also accept a  
             determination of need from the ISO as a rebuttable  
             presumption with concurrence by the Division of  
             Ratepayer Advocates.







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           Background  

          In 2002, legislation was enacted to require the IOUs (e.g.  
          Pacific Gas & Electric, Southern California Edison, San  
          Diego Gas & Electric Company) and the private companies  
          that compete with the utilities to increase their annual  
          purchases of electricity from renewable resources by at  
          least one percent so that 20 percent of their sales would  
          come from renewable sources by 2017.  In 2006, legislation  
          was enacted to accelerate the 20 percent requirement to the  
          end of 2010 (SB 107, Simitian).  

          The RPS program does not require renewable energy purchases  
          irrespective of cost.  Each contract for the development  
          and purchase of renewable energy is submitted to the PUC  
          for review.  Any contract below the market price is deemed  
          per se reasonable.  Any contract above the market price is  
          submitted to a procurement review group to consider the  
          reasonableness of costs.  To address the overall costs of  
          the RPS, an above-market cost cap was determined for each  
          IOU.  If the IOUs costs reach that cap in any given year,  
          then the requirement for additional renewable energy  
          purchases at above-market costs is waived.  However, an IOU  
          can still, voluntarily, propose to procure renewable  
          resources at above-market prices outside of the cost cap  
          (referred to as bi-lateral contracts) which calls into  
          question whether a cost cap really exists.  The cost cap  
          has not been triggered and the IOUs continue to pursue  
          renewable contracts to meet the 2010 goal.

          Since the initial adoption of the RPS program, the  
          necessity of bringing more renewable resources to the grid  
          has been heightened as a result of the mandate that the  
          state reduce its greenhouse gas (GHG) emissions to 1990  
          levels by 2020.  In fact, the ARB scoping plan adopts a  
          statewide 33 percent by 2020 renewable energy mix in order  
          to achieve the GHG goals. 

           Progress toward 2010 goal  .  The PUC reports that, for 2007,  
          the IOUs have achieved varying levels of progress toward  
          the 20 percent goal:  Pacific Gas & Electric - 11.4  
          percent, Southern California Edison - 15.7 percent, and San  
          Diego Gas & Electric - 5.2 percent.  The numbers actually  







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          declined from 2006 due primarily to load growth.  All  
          agencies and stakeholders agree that the IOUs will not meet  
          the 2010 deadline.  However, the PUC reported in October  
          2008, that an evaluation of the IOUs progress, including  
          generation developed and contracted for, would result in  
          compliance in or around 2013.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  Yes

          According to the Senate Appropriations Committee:

                          Fiscal Impact (in thousands)

           Major Provisions      2009-10     2010-11     2011-12       Fund  

          PUC workload        estimated annual costs of up to  
          $1,664Special*

          CEC workload        estimated annual costs of up to  
          $9,750Special**
                              Contract cost of $3,500

          State energy costs            unknown cumulative increase  
          potentially                   General/
                              $558,000 annually statewide  
          beginningSpecial***
                              2010 to 2013 to meet new RPS threshold

          State mandate on POUs         unknown major costs  
          ongoingGeneral

           *   Utilities Reimbursement Account

           **  Energy Resources and Programs Account (one-tenth of a  
              mill ($0.0001) surcharge per kilowatt hour)

           *** Service Revolving Fund, other special funds (total  
              estimated on IOU usage)

           SUPPORT  :   (Verified  8/31/09)

          BP America Inc. (if amended)
          City of Los Angeles Department of Water and Power (if  







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          amended)
          Natural Resources Defense Council (if substantially  
          amended)
          Planning and Conservation League (if amended)
          Union of Concerned Scientists (if amended)

           OPPOSITION  :    (Verified  8/31/09)

          Alliance for Retail Energy Markets (unless amended)
          California Farm Bureau Federation
          California Large Energy Consumers Association (unless  
          amended)
          California Manufacturers and Technology Association
          California Municipal Utilities Association (unless amended)
          California Wind Energy Association (unless amended)
          County of Santa Barbara
          Direct Energy (unless amended)
          Imperial Irrigation District (unless amended)
          Independent Energy Producers Association
          Modesto Irrigation District (unless amended)
          Public Utilities Commission (unless amended)
          Regional Council of Rural Counties
          Sanitation Districts of Los Angeles County
          Sempra Energy
          Solid Waste Association of North America
          The Utility Reform Network (unless amended)
          Western States Petroleum Association (unless amended)
           
           ARGUMENTS IN SUPPORT  :    According to the author's office,  
          the purpose of this bill is to increase the amount of  
          electricity procured from renewable generation sources to  
          reduce greenhouse gas emissions, improve public health and  
          air quality, stimulate economic development by encouraging  
          innovation in energy technologies and creating new  
          employment opportunities in California, and increase fuel  
          diversity to promote greater stability and predictability  
          in electricity process for consumers. 

           ARGUMENTS IN OPPOSITION  :    The Modesto Irrigation District  
          (MID) and the Imperial Irrigation District are "very  
          concerned with the provisions in the bill that would, in  
          effect, preclude utilities from meeting the 33% RPS  
          objective by disqualifying many of the out-of-state  
          renewable resources that are in existence or under  







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          contract.  Adopting such an artificial limitation on  
          current and future sources would place additional,  
          anti-competitive burdens on the overall economy and  
          wholesale markets resulting in increased prices for  
          renewables, and reduced reliability of the electric grid.   
          MID supports a renewable portfolio standard that encourages  
          new in-state renewable resources while at the same time  
          allowing access to out of state resources when insufficient  
          cost-effective in-state renewables are available.  Out of  
          state renewable resources that are in existence or under  
          contract prior to December 31, 2009 should be included as  
          eligible resources."  
           

           ASSEMBLY FLOOR  :
          AYES:  Ammiano, Arambula, Beall, Blumenfield, Brownley,  
            Buchanan, Charles Calderon, Carter, Chesbro, Coto, Davis,  
            De La Torre, De Leon, Eng, Evans, Feuer, Fong, Fuentes,  
            Furutani, Hall, Hayashi, Hill, Huffman, Jones, Krekorian,  
            Lieu, Bonnie Lowenthal, Ma, Mendoza, Monning, Nava, John  
            A. Perez, V. Manuel Perez, Price, Ruskin, Salas, Saldana,  
            Skinner, Solorio, Swanson, Torlakson, Torres, Torrico,  
            Bass
          NOES:  Adams, Anderson, Bill Berryhill, Tom Berryhill,  
            Blakeslee, Conway, Cook, DeVore, Duvall, Emmerson,  
            Fletcher, Fuller, Gaines, Garrick, Gilmore, Hagman,  
            Harkey, Hernandez, Huber, Jeffries, Knight, Logue,  
            Miller, Nestande, Niello, Nielsen, Silva, Smyth, Audra  
            Strickland, Tran, Villines
          NO VOTE RECORDED:  Block, Caballero, Galgiani, Portantino,  
            Yamada


          DLW:mw  8/31/09   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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