BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 2187
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          Date of Hearing:  April 23, 2012

                       ASSEMBLY COMMITTEE ON NATURAL RESOURCES
                                Wesley Chesbro, Chair
                   AB 2187 (Bradford) - As Amended:  April 17, 2012
           
          SUBJECT  :  Renewable energy resources

           SUMMARY  :  Changes the "grandfathering" deadline for existing 
          contracts under the Renewables Portfolio Standard (RPS) from 
          June 1, 2010 to January 13, 2011.

           EXISTING LAW  :

          1)The RPS, amended by SBX1 2 (Simitian) in 2011, requires 
            investor-owned utilities (IOUs), publicly-owned utilities 
            (POUs) and certain other retail sellers of electricity, 
            including electric service providers (ESPs), to achieve the 
            following renewable energy portfolio targets:

             a)   20 percent on average from January 1, 2011 to December 
               31, 2013.

             b)   25 percent by December 31, 2016.

             c)   33 percent by December 31, 2020 and each year 
               thereafter.

          2)Establishes "balanced portfolio" requirements for contracts 
            executed after  June 1, 2010  based on the following three 
            categories of renewable energy products:

             a)   Renewable energy interconnected to the grid within, 
               scheduled for direct delivery into, or dynamically 
               transferred to, a California balancing authority (i.e., 
               real renewable energy supplied to the California grid, 
               located within or directly proximate to the state).  Of the 
               total renewable energy contracts executed after June 1, 
               2010, the following percentages must fall into this 
               category:

               i)     At least 50 percent for the 2011-2013 compliance 
                 period.

               ii)    At least 65 percent for the 2014-2016 compliance 








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                 period.

               iii)   At least 75 percent thereafter.

             b)   Renewable energy where substitute non-renewable energy 
               is used to provide a reliable delivery schedule into a 
               California balancing authority (i.e., firmed and shaped 
               energy where substitute energy is used to compensate for 
               delivery problems due to intermittent generation or 
               inadequate transmission capacity from a remote renewable 
               resource).

             c)   Renewable energy products not meeting either condition 
               above, including unbundled renewable energy credits (RECs) 
               (i.e., the original source of renewable energy must be 
               located within the western grid, but otherwise need not 
               have a physical connection to California).  Of the total 
               renewable energy contracts executed after June 1, 2010, the 
               following percentages may fall into this category:

               i)     Not more than 25 percent for the 2011-2013 
                 compliance period.

               ii)    Not more than 15 percent for the 2014-2016 
                 compliance period.

               iii)   Not more than 10 percent thereafter.

          3)Provides that any contract or ownership agreement originally 
            executed prior to  June 1, 2010  is not subject to the balanced 
            portfolio requirements, but shall count in full if the 
            renewable energy was eligible under the rules in place at the 
            time the contract was executed.

           THIS BILL  changes the "grandfathering" date from June 1, 2010 to 
          January 13, 2011.

           FISCAL EFFECT  :  Unknown

           COMMENTS  :

          The RPS is the centerpiece of the California's effort to develop 
          a clean energy system and reduce pollution and greenhouse gas 
          emissions associated with electricity consumption.  Over the 
          past 10 years, the RPS statutes have evolved to include very 








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          specific eligibility conditions and limits for various renewable 
          electricity technologies and products.  The 2011 legislation 
          which codified the current 33 percent by 2020 RPS goal (SBX1 2) 
          also established product content categories (or "buckets"), 
          which place the highest value on renewable energy that is 
          directly delivered into California because it has the greatest 
          economic, environmental and reliability benefits.  Though SBX1 2 
          was approved by the Legislature in March 2011, the bill was 
          identical to SB 722 from the prior session, which was amended in 
          June 2010 to, among other things, establish the June 1, 2010 
          deadline for contracts to be exempt from the proposed balanced 
          portfolio requirements.

          However, several ESPs executed contracts between June 1, 2010 
          and January 14, 2011 that do not meet the criteria of the first 
          bucket and are therefore subject to the limitations of the third 
          bucket, making the contracts less valuable and potentially 
          unusable for RPS compliance.  The history of the RPS legislation 
          and related proceedings at the PUC suggests the ESPs were 
          gambling that the date would change between SB 722 and the final 
          version of SBX1 2.  The effect of the date changes in the bill 
          is broader than necessary to address the narrow ESP issue and 
          could apply to an unknown amount of IOU procurement as well, 
          which would have the effect of weakening the requirements of the 
          current RPS.  The author has proposed amendments, reflecting a 
          compromise with opponents, to limit application of the bill to 
          ESPs for the limited purpose of applying the product content 
          restrictions to contracts executed after  January 13, 2011  .

           REGISTERED SUPPORT / OPPOSITION  : 

           Support 
           
          Noble Americas Energy Solutions (sponsor)
          California Manufacturers & Technology Association




           Opposition 
           
          Large-scale Solar Association
          The Utility Reform Network (TURN)

           








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          Analysis Prepared by  :  Lawrence Lingbloom / NAT. RES. / (916) 
          319-2092