BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  SB 1139
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          Date of Hearing:   August 6, 2014

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                  Mike Gatto, Chair

                     SB 1139 (Hueso) - As Amended:  July 2, 2014 

          Policy Committee:                             Utilities and  
          Commerce     Vote: 8-5
                       Natural Resources                          6-2 

          Urgency:     No                   State Mandated Local Program:  
          Yes    Reimbursable:              No

           SUMMARY  

          This bill requires investor-owned utilities and retail sellers  
          of electricity as defined in the Renewable Portfolio Standard  
          (RPS) to purchase 500 megawatts (MW) of electricity generated by  
          new geothermal power plants by 2024.  Specifically, this bill: 

          1)Requires each retail seller, by 2024, to procure its  
            proportionate share of 500 MW of electricity produced by new  
            geothermal power plants that meets the Bucket 1 category  
            established by the RPS.  The geothermal projects must  
            demonstrate an environmental benefit.  

           2)Requires the California Energy Commission (CEC) to determine  
            the proportionate share for each retail seller based on the  
            forecast of retail sales for 2018.
           
           3)Requires each retail seller to file with the PUC for approval  
            a plan for procuring its share of new geothermal, at least  
            one-half of which must be procured by 2019.  Permits retail  
            sellers to aggregate their procurement in order to minimize  
            administrative and contracting costs.  
           
          4)Authorizes the PUC to determine if the new geothermal  
            electricity procured pursuant to this bill will count toward  
            the procurement targets established by the RPS.

          5)Requires the new geothermal electricity to be procured to  
            reasonably minimize costs, but prohibits the application of  
            the cost limits required by the RPS for each IOU.









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          6)Requires the PUC to issue an order instituting an  
            investigation to examine expiring geothermal contracts by July  
            1, 2015.

           FISCAL EFFECT  

          1)One-time costs of $390,000 for two years from the Public  
            Utilities Reimbursement Account to the PUC to establish  
            proceedings and investigations necessary to implement the  
            procurement plan.


          2)Ongoing costs of $125,000 annually from the Public Utilities  
            Reimbursement Account to the PUC for staff to review and  
            approve geothermal procurement plants for retail sellers and  
            to oversee compliance.

          3)Onetime costs of $272,000 annually from the General Fund to  
            the CEC for at least one year for the development of  
            regulations to determine proportionate shares of the  
            procurement requirement.

          4)Potential ongoing costs in the low millions of dollars from  
            the General Fund and various special funds for increased  
            electricity costs for electricity used by the state.


           COMMENTS  

           1)Purpose.   According to the author, geothermal is a renewable,  
            abundant, affordable source of clean energy.  However, only a  
            fraction of the geothermal resources that could be supplying  
            California consumers are currently being tapped.

            The author further states, the Salton Sea Known Geothermal  
            Resource Area provides one of the greatest opportunities for  
            geothermal development in the country but is currently  
            producing less than 500 MW of power.  According to the author,  
            this is a wasted opportunity to develop a resource,  produce  
            hundreds of new skilled construction and operation jobs, hedge  
            against fuel price increases and reduce greenhouse gas and  
            fossil fuel emissions.

           2)Background.   Geothermal energy is thermal energy generated and  
            stored in the earth. It is a clean, renewable resource that  








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            provides energy through a variety of applications and types of  
            resources. California has 25 Known Geothermal Resource Areas  
            (KGRAs). 
             
             Electricity can be generated from high temperature geothermal  
            resources by using the thermal (heated) water and steam to  
            move turbines that in turn run electrical generators and  
            produce electricity. There are several types of geothermal  
            power plants that can be used to generate electricity,  
            including dry steam, flash or double flash, and binary cycle  
            power plants.

            The most developed of the high-temperature geothermal resource  
            areas in the state is the Geysers. Located north of San  
            Francisco, the Geysers project was first tapped as a  
            geothermal resource to generate electricity in 1960. It is one  
            of only two locations in the world where a high-temperature,  
            dry steam resource is found that can be directly used to move  
            turbines and generate electricity.

            Other major geothermal electrical production locations in the  
            state include the Salton Sea area in Imperial County, the Coso  
            Hot Springs area in Inyo County, and the Mammoth Lakes area in  
            Mono County. 

           3)Renewable Portfolio Standard.   The RPS requires retail sellers  
            of electricity as well as publicly-owned utilities (POUs) to  
            procure eligible renewable energy resources to meet the  
            following portfolio targets: a) 20% on average by December 31,  
            2013; b) 25% by December 31, 2016; and 33% by December 31,  
            2020 and each year thereafter.  Eligible renewable generation  
            facilities must use biomass, solar thermal, photovoltaic,  
            wind, geothermal, renewable fuel cells, small hydroelectric,  
            digester gas, limited non-combustion municipal solid waste  
            conversion, landfill gas, ocean wave, and ocean thermal or  
            tidal current.  

             The RPS establishes balanced portfolio requirements for  
            procurement based on three categories (or "buckets") of  
            renewable energy products, essentially categorized as  
            baseload, intermittent,  and unbundled renewable energy  
            credits (RECs) for with the original source of energy must be  
            located within the western grid, but is not required to have a  
            physical connection to Calfiornia.  Unlike solar and other  
            intermittent resources, geothermal is a baseload or Bucket 1  








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            resource, i.e. one that does not require the additional of  
            nonrenewable energy for reliability.

            Earlier versions of this bill expressly prohibited the  
            counting of the 500 MW of geothermal towards the RPS  
            requirements.  The bill now authorizes the PUC to make the  
            determination.  In general, IOUs would prefer this requirement  
            to count towards RPS but other renewables, including existing  
            geothermal contracts would prefer it did not.

           4)Support.   This bill is supported by a broad coalition of labor  
            organizations, environmental groups, and Imperial County  
            interests.  Supporters state the development of 500 MW of  
            geothermal power will deliver numerous benefits to California,  
            including a reduction in greenhouse gas emissions without  
            negatively impacting system reliability.   

             Supporters further state the expansion of geothermal will  
            create tens of thousands of high-paying construction jobs in  
            area of the state suffering from some of the highest rates of  
            employment.  Other supporters claim this bill will provide  
            greater balance to the state's energy portfolio by increasing  
            renewable base load generation.  

          5)Opposition.   This bill is opposed consumer groups, the Public  
            Utilities Commission, the IOUs, and numerous businesses and  
            renewable energy companies who contend this bill will burden  
            ratepayers with high energy costs relative to the market,.  

            Opponents further argue this bill disregards current renewable  
            energy policy, ignores a competitive solicitation process, and  
            unevenly applies a statewide policy. Others claim it would  
            allow new geothermal developers to bypass market competition,  
            and thus adversely impact the ability for California to meet  
            its renewable energy goals while ensuring just and reasonable  
            rates. Yet others state that requirements in the bill would be  
            costly and almost impossible to implement.



             

           Analysis Prepared by  :    Jennifer Galehouse / APPR. / (916)  
          319-2081 









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