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HomeMy WebLinkAboutRES 2011-25 - Board TRUCKEE DONNER Public Utility District Resolution No. 2011 - 25 RESOLUTION OF THE BOARD OF DIRECTORS OF TRUCKEE DONNER PUBLIC UTILITY DISTRICT APPROVAL OF A PROGRAM FOR ENFORCEMENT OF THE RENEWABLE PORTFOLIO STANDARDS PROGRAM BE IT RESOLVED BY THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT AS FOLLOWS: WHEREAS, the State of California has an existing California Renewables Portfolio Standard Program (RPS program) that is intended to increase the amount of electricity generated each year from eligible renewable energy resources; WHEREAS, on April 12, 2011, the Governor of the State of California signed California Senate Bill 2 of the First Extraordinary Session (SBX1-2, Chapter 1, Statutes of 2011, First Extraordinary Session), known as the California Renewable Energy Resources Act; WHEREAS, on September 9, 2011, the California Legislature ended the First / Extraordinary Session; WHEREAS, SBX1-2 becomes effective on December 10, 2011, ninety-one days after the end of the First Extraordinary Session; WHEREAS, SBX1-2 states the intent of the Legislature that the amount of electricity generated per year from eligible renewable energy resources be increased to an amount that equals at least 20% of the total electricity sold to retail customers in California per year by December 31, 2013, and 33% by December 31, 2020; WHEREAS, pursuant to the provisions of Public Utilities Code section 399.30(a), the TRUCKEE DONNER PUBLIC UTILITY DISTRICT must adopt and implement a renewable energy resources procurement plan (hereinafter referred to as the "RPS Procurement Plan") to fulfill unmet long-term generation resource needs, that requires the TRUCKEE DONNER PUBLIC UTILITY DISTRICT to procure a minimum quantity of electricity products from eligible renewable energy resources, including renewable energy credits, as a specified percentage of the total kilowatt-hours sold to the TRUCKEE DONNER PUBLIC UTILITY DISTRICT's retail end-use customers each compliance period, to achieve specified procurement targets; WHEREAS, the District has adopted and implemented, or will adopt and implement, an RPS Procurement Plan that includes compliance periods (Compliance Periods) pursuant to Public Utilities Code section 399.30(b). Such Compliance Periods shall be January 1, 2011 to December 31, 2013, inclusive (Compliance Period 1), January 1, 2014 to December Adopting a Program for the Enforcement of the Renewable Portfolio Standard Program Page 1 of 6 31, 2016, inclusive (Compliance Period 2), January 1, 2017 to December 31, 2020, inclusive ' (Compliance Period 3), and each calendar year after 2020; WHEREAS, the TRUCKEE DONNER PUBLIC UTILITY DISTRICT has adopted and implemented, or will adopt and implement, an RPS Procurement Plan that includes specified procurement targets (Procurement Targets) of renewable energy resources for each Compliance Period pursuant to Public Utilities Code section 399.30(c)(1) and (2). Procurement Targets must average twenty percent (20%) of retail sales for the period January 1, 2011 to December 31, 2013, must meet twenty-five percent (25%) of retail sales by December 31 , 2016, must meet thirty-three percent (33%) of retail sales by December 31, 2020, and must meet thirty-three percent (33%) of retail sales for all years thereafter; WHEREAS, the TRUCKEE DONNER PUBLIC UTILITY DISTRICT has adopted and implemented, or will adopt and implement, an RPS Procurement Plan that includes provisions that address a demonstration of reasonable progress in 2014 and 2015 to ensure the twenty five percent (25%) RPS procurement requirement by 2016, and reasonable progress in each of 2017, 2018, and 2019 to ensure the thirty three percent (33%) RPS procurement requirement by 2020, pursuant to Public Utilities Code section 399.30(c)(2); WHEREAS, the TRUCKEE DONNER PUBLIC UTILITY DISTRICT has adopted and implemented, or will adopt and implement an RPS Procurement Plan that will include eligible renewable energy resources, defined pursuant to Public Utilities Code section 399.30 (i); I WHEREAS, the provisions of Public Utilities Code section 399.30(i) apply to the TRUCKEE DONNER PUBLIC UTILITY DISTRICT since the DISTRICT was in existence before January 1, 2009, provides retail electric service to 13,167 customer accounts as of December 2011 , and is interconnected to a balancing authority that is located outside the state of California (NV Energy) but within the Western Electric Coordinating Council. WHEREAS, the TRUCKEE DONNER PUBLIC UTILITY DISTRICT has adopted and implemented, or will adopt and implement, an RPS Procurement Plan that includes the minimum procurement requirements (Procurement Requirements) of eligible renewable energy resource electricity products associated with contracts executed after June 1, 2010 for each Compliance Period, consistent with Public Utilities Code section 399.30(c)(3) and section 399.16; WHEREAS, the TRUCKEE DONNER PUBLIC UTILITY DISTRICT has adopted and implemented, or will adopt and implement, an RPS Procurement Plan that provides a definition for contract or ownership agreements originally executed prior to June 1, 2010 (Grandfathered Resources) consistent with Public Utilities Code section 399.16(d). Grandfathered Resources shall include any contract or ownership agreement originally executed prior to June 1, 2010 for resources that were RPS eligible under the rules in place when the contract was executed, and for which any subsequent contract amendments or modifications occurring after June 1, 2010 do not increase the nameplate capacity for the facility or expected quantities of annual generation, or substitute a different renewable energy resource; the duration of the contract may be extended if the original contract specified a 1 procurement commitment of fifteen (15) or more years; Adopting a Program for the Enforcement of the Renewable Portfolio Standard Program Page 2 of 6 WHEREAS, the TRUCKEE DONNER PUBLIC UTILITY DISTRICT has adopted and ' implemented, or will adopt and implement, an RPS Procurement Plan that includes rules for application of excess procurement (Excess Procurement) of eligible renewable energy resource electricity from one Compliance Period to a subsequent Compliance Period consistent with Public Utilities Code section 399.30(d)(1) and in the same manner as section 399.13(a)(4)(B). Beginning January 1, 2011, Excess Procurement from one Compliance Period may be applied to a subsequent Compliance Period; to determine the quantity of Excess Procurement for the applicable Compliance Period, the Truckee Donner Public Utility District shall deduct from actual procurement quantities, the total amount of procurement associated with contracts of less than ten (10) years in duration, and shall not include any resources designated as Content Category 3; WHEREAS, the Truckee Donner Public Utility District has adopted and implemented, or will adopt and implement, an RPS Procurement Plan that includes conditions for delaying timely compliance consistent with Public Utilities Code section 399.30(d)(2) and section 399.15(b). The Truckee Donner Public Utility District may approve a waiver of timely compliance (Waiver of Timely Compliance) in the event that there is inadequate transmission capacity (§ 399.15(b)(5)(A)), permitting, interconnection, or other factors that delay procurement, or insufficient supply (§ 399.15(b)(5)(B)), unanticipated curtailment are mandated to address needs of the balancing authority (§ 399.15(b)(5)(C)), or related factors existed; WHEREAS, the Truckee Donner Public Utility District has adopted and implemented, 1 or will adopt and implement, an RPS Procurement Plan that establishes procedures to employ in the event of an approval of a Waiver of Timely Compliance, which provisions require the Truckee Donner Public Utility District to establish additional reporting for intervening years to demonstrate that reasonable actions under the Truckee Donner Public Utility District's control are being taken (§ 399.15(b)(6)) and to demonstrate that all reasonable actions within the Truckee Donner Public Utility District's control have been taken to ensure compliance in the future (§ 399.15(b)(7)); in no event shall the deficit from prior compliance periods be added to subsequent compliance periods in the event of a Waiver of Timely Compliance (§ 399.15(b)(9)); WHEREAS, the Truckee Donner Public Utility District has adopted and implemented, or will adopt and implement, an RPS Procurement Plan that establishes procedures that address cost limitations for expenditures on renewable resources (Cost Limitations for Expenditures) consistent with Public Utilities Code section 399.30(d)(3) and section 399.15(c). Cost Limitations for Expenditures shall be applicable to procurement expenditures for all eligible renewable energy resources used to comply with the renewables portfolio standard, and shall be based on factors that include, but are not limited to, the most recent renewable energy procurement plan, procurement expenditures that approximate the expected cost of building, owning, and operating eligible renewable energy resources, and the potential that some planned resource additions may be delayed or canceled; WHEREAS, pursuant to the provisions of Public Utilities Code section 399.30(m), the Truckee Donner Public Utility District shall retain discretion over the mix of eligible renewable energy resources procured by the Truckee Donner Public Utility District and those additional generation resources procured by the Truckee Donner Public Utility District for purposes of Adopting a Program for the Enforcement of the Renewable Portfolio Standard Program Page 3 of 6 ensuring resource adequacy and reliability, and the reasonable costs incurred by the Truckee ' Donner Public Utility District for eligible renewable energy resources owned by it; WHEREAS, pursuant to the provisions of Public Utilities Code section 399.30(e), the District is required to adopt a program for the enforcement of the RPS program; WHEREAS, pursuant to the provisions of Public Utilities Code section 399.30(e), the District must adopt a program for enforcement of the RPS program on or before January 1, 2012; WHEREAS, the Board of Directors, in compliance with Public Utilities Code section 399.30(e), desires to adopt a program for the enforcement of RPS program (RPS Enforcement Program); and, WHEREAS, the Board of Directors, in compliance with Public Utilities Code section 399.30(e), has provided not less than thirty days' notice of the proposed adoption of the RPS Enforcement Program. NOW THEREFORE, THE BOARD OF DIRECTORS OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: 1. The Truckee Donner Public Utility District shall have a program for the enforcement of RPS program, which shall include all of the provisions set forth herein and shall be known as the City's "RPS Enforcement Program"; 2. The RPS Enforcement Program shall be effective January 1, 2012; 3. Not less than ten (10) days' advance notice shall be given to the public before any meeting is held to make a substantive change to the RPS Enforcement Program; 4. Annually, the General Manager of the Truckee Donner Public Utility shall cause to be reviewed, the Truckee Donner Public Utility District's RPS Procurement Plan to determine compliance the RPS program; 5. Annual review of the RPS Procurement Plan shall include consideration of each of the following elements: A. By December 31, 2013 (end of Compliance Period 1): • Verify that Truckee Donner Public Utility District has met an average of twenty percent (20%) of retail sales with eligible renewable resources for the period January 1, 2011 to December 31, 2013. • If targets are not met, the Truckee Donner Public Utility District must: o Ensure than any Waiver of Timely Compliance was compliant with the provisions in the RPS Procurement Plan, o Review the applicability and appropriateness of excusing performance based on the Cost Limitations on Expenditures provisions of the RPS Procurement Plan. Adopting a Program for the Enforcement of the Renewable Portfolio Standard Program Page 4 of 6 B. By December 31, 2014: ' • Ensure that the Truckee Donner Public Utility District is making reasonable progress toward meeting the December 31, 2016 compliance obligation of twenty- five percent (25%) of retail sales with eligible renewable resources, consistent with the RPS Procurement Plan. C. By December 31, 2015: • Ensure that the Truckee Donner Public Utility District is making reasonable progress toward meeting the December 31, 2016 compliance obligation of twenty- five percent (25%) of retail sales with eligible renewable resources, consistent with the RPS Procurement Plan. D. December 31, 2016 (end of Compliance Period 2): • Verify that the Truckee Donner Public Utility District has met twenty-five percent (25%) of retail sales with eligible renewable resources for the period ending December 31, 2016; • If targets are not met, the Truckee Donner Public Utility District must: o Review the applicability of applying Excess Procurement from Compliance Period 1 consistent with the provisions of the RPS Procurement Plan, o Ensure than any Waiver of Timely Compliance was compliant with the provisions in the RPS Procurement Plan, o Review applicability and appropriateness of excusing performance based on the Cost Limitations on Expenditures provisions of the RPS Procurement Plan. E. By December 31, 2017: • Ensure that the Truckee Donner Public Utility District is making reasonable progress toward meeting the December 31, 2020 compliance obligation of thirty- three percent (33%) renewable resources electricity, consistent with the RPS Procurement Plan. F. By December 31, 2018: • Ensure that the Truckee Donner Public Utility District is making reasonable progress toward meeting the December 31, 2020 compliance obligation of thirty- three percent (33%) renewable resources electricity, consistent with the RPS Procurement Plan. G. By December 31, 2019: • Ensure that the Truckee Donner Public Utility District is making reasonable progress toward meeting the December 31, 2020 compliance obligation of thirty three percent (33%) renewable resources electricity, consistent with the RPS Procurement Plan. H. December 31, 2020 (end of Compliance Period 3), and annually thereafter, • Verify that that the Truckee Donner Public Utility District met thirty-three percent (33%) of retail sales with eligible renewable resources consistent with the RPS Procurement Plan; Adopting a Program for the Enforcement of the Renewable Portfolio Standard Program Page 5 of 6 • If targets are not met, the Truckee Donner Public Utility District must: o Review the applicability of applying Excess Procurement from a previous Compliance Period consistent with the provisions of the RPS Procurement Plan, o Ensure than any Waiver of Timely Compliance was compliant with the provisions in the RPS Procurement Plan, o Review applicability and appropriateness of excusing performance based on the Cost Limitations on Expenditures provisions of the RPS Procurement Plan. 6. If it is determined that the Truckee Donner Public Utility District has failed to comply with the provisions of its RPS Procurement Plan, the Board of Directors shall take steps to correct any untimely compliance, including: A. review the Truckee Donner Public Utility District's RPS Procurement Plan to determine what changes, if any, are necessary to ensure compliance in the next Compliance Period; B. report quarterly to the Board of Directors regarding the progress being made toward meeting the compliance obligation for the next Compliance Period; C. report to the Board of Directors regarding the status of meeting subsequent compliance targets, and all steps being taken to ensure that the obligation is timely met. 7. Effective Date: This Resolution shall be effective on January 1, 2012. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the district on the 7th day of December 2011 by the following roll call vote: AYES: Directors Aguera, Bender, Hemig and Laliotis NOES: None ABSTAIN: None ABSENT: Director Ferree TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Tony Laliotis, President ATTEST: `2-1 , Michael D. Holley, Clerk of the Board Adopting a Program for the Enforcement of the Renewable Portfolio Standard Program Page 6 of 6 i Truckee Donner Public Utility District Renewable Energy Resources Procurement Plan Per Senate Bill 1x 2 Approved by the Truckee Donner Public Utility District Board of Directors: December 7,2011 INTRODUCTION This document presents the Renewable Energy Resources Procurement Plan of the Truckee Donner Public Utility District (Truckee Donner) as required for compliance with Senate Bill (SB) 1X 2. This legislation, which was enacted in the 2011-2012 First Extraordinary Session of the Legislature, modifies the state's renewable portfolio standard (RPS)program and sets forth new RPS requirements applicable to publicly owned utilities (POUs). Truckee Donner, as a POU, is covered under the new legislation. Pursuant to Public Utilities Code § 399.30(a), each POU must adopt and implement a renewable energy resources procurement plan(referred to herein as the "RPS Procurement Plan"). In addition to the development of an RPS Procurement Plan, SB 1X 2 requires POUs to adopt and implement a separate program for the enforcement of the RPS Procurement Plan by January 1, 2012.1 Truckee Donner's enforcement program is not addressed in this document,but rather, in a separate report. Truckee Donner's RPS Procurement Plan, as reflected in Sections 1-13 below consists of: (1) plan elements that are directly mandated by the legislation; (2)measures that address each of the optional provisions set forth in §399.30(d); and (3) RPS reporting provisions. Where appropriate, this RPS Procurement Plan includes section citations to the legislation. 1. Purpose (§ 399.30(a)) In order to fulfill unmet long-term generation resource needs, Truckee Donner adopts and implements this RPS Procurement Plan that requires the utility to procure a minimum quantity of electricity products from eligible renewable energy resources, including renewable energy credits, as a specified percentage of Truckee Donner's total kilowatt hours sold to its retail end-use customers, each compliance period, to achieve the targets specified in SB 1X 2. 2. Compliance Periods (§ 399.30(b)) A. Compliance Period 1: January 1, 2011, to December 31, 2013, inclusive. B. Compliance Period 2: January 1, 2014, to December 31, 2016, inclusive. 1 Pursuant to § 399.30(e),POUs must adopt a"program for enforcement"of the RPS Procurement Plan on or before January 1,2012,at a publicly noticed meeting with not less than 30 days prior notice given to the public. Effective:January 1, 2012 - 1- C. Compliance Period 3: January 1, 2017, to December 31, 2020, inclusive. D. Annual Compliance Periods: Annually after 2020. 3. Procurement Targets of Renewable Energy Resources for Each Compliance Period (§§ 399.30(c)(1) and (2)) A. During Compliance Period 1, January 1, 2011 to December 31, 2013, Truckee Donner shall procure renewable energy resources equivalent to an average of at least twenty percent (20%) of retail sales. B. By the end of Compliance Period 2, December 31, 2016, Truckee Donner shall procure renewable energy resources equivalent to at least twenty-five percent (25%) of retail sales. C. By the end of Compliance Period 3, December 31, 2020, Truckee Donner shall procure renewable energy resources equivalent to at least thirty-three percent (33%) of retail sales. D. Commencing on December 31, 2021, and annually thereafter, Truckee Donner shall procure renewable energy resources equivalent to at least thirty-three spercent (33%) of retail sales. The procurement targets listed above are minimum requirements. The Board of Director may determine that a higher percentage of renewable energy resources is appropriate in any given compliance period. The method used to determine the actual renewable energy resource percentage achieved fora given calendar year shall be to: (i) sum the total metered generation from each of Truckee Dormer's eligible renewable resources and qualifying purchases in Megawatt hours (MWh) during the preceding calendar year, (ii) subtract sales, if any, of eligible renewable resources during the same time period, and (iii) divide the result by the total energy sold to Truckee Donner's retail end-use customers (in MWh) in the same time period. 4. Reasonable Progress Towards Meeting Compliance Period Targets During Intervening Years (§§ 399.30(c)(1) and (2)) A. By December 31, 2014, Truckee Donner shall demonstrate that it is making reasonable progress towards ensuring that it shall meet the twenty-five percent (25%) RPS target by 2016. B. By December 31, 2015, Truckee Donner shall demonstrate that it is making reasonable progress towards ensuring that it shall meet the twenty-five percent (25%) RPS target by 2016. Effective:January 1, 2012 -2- C. , , run shall d it k reasonable ByDecember progress312017 towardsT ensuring ckeeDon thater it shallemonstrate meet the thithatrty-thisreema percent (33%) RPS target by 2020. D. By December 31, 2018, Truckee Donner shall demonstrate that it is making reasonable progress towards ensuring that it shall meet the thirty-three percent (33%) RPS target by 2020. E. By December 31, 2019, Truckee Donner shall demonstrate that it is making reasonable progress towards ensuring that it shall meet the thirty-three percent (33%) RPS target by 2020. 5. Procurement Requirements—Definitions for Eligible Resources (§399.30 (i)) Truckee Donner's RPS Procurement Plan that will include eligible renewable energy resources, defined pursuant to Public Utilities Code section 399.30 (i); The provisions of Public Utilities Code section 399.30(i) apply to the TRUCKEE DONNER PUBLIC UTILITY DISTRICT since the DISTRICT was in existence before January 1, 2009, provides retail electric service to 13,167 customer accounts as of December 2011, and is interconnected to a balancing authority that is located outside the state of California(NV Energy)but within the Western Electric Coordinating Council. A. Eligible renewable energy resources (consistent with § 399.30(i)): includes a facility that is located outside California that is connected to the WECC transmission system. B. Grandfathered Resources (§ 399.16(d)): Any contract or ownership agreement originally executed prior to June 1, 2010, shall count in full towards the procurement requirements, if all of the following conditions are met: (1) The renewable energy resource was eligible under the rules in place as of the date when the contract was executed. (2) Any contract amendments or modifications occurring after June 1, 2010, do not increase the nameplate capacity or expected quantities of annual generation, or substitute a different renewable energy resource. (3) The duration of the contract may be extended if the original contract specified a procurement commitment of fifteen(15) or more years. (4) "Eligible renewable energy resource"means an electrical generating facility that meets the definition of a"renewable electrical generation facility" in Section 25741 of the Public Resources Code, subject to the following: . . . (C)A facility approved by the governing board of a local publicly owned electric utility prior to June 1, 2010, for procurement to Effective:January 1, 2012 -3- satisfy renewable energy procurement obligations adopted pursuant to former Section 387, shall be certified as an eligible renewable energy resource by the Energy Commission pursuant to this article, if the facility is a"renewable electrical generation facility" as defined in Section 25741 of the Public Resources Code. (§ 399.12(e)(1)(C). 6. Procurement Requirements—Quantity of Content Categories (§ 399.30(d)(1), §399.13(a)(4)(B)) Not applicable to Truckee Donner due to (§399.30 (i)) above at 5. 7. Excess Procurement (§ 399.30(d)(1), §399.13(a)(4)(B)) Truckee Donner shall be allowed to apply excess procurement(Excess Procurement) from one compliance period to subsequent compliance periods as long as the following conditions are met: A. Truckee Donner may accumulate,beginning on January 1, 2011, Excess Procurement from one Compliance Period to be applied in any subsequent Compliance Period. B. In calculating the quantity of Excess Procurement, Truckee Donner shall deduct from actual procurement quantities, the total amount of procurement associated with contracts of less than ten (10) years in duration. 8. Waiver of Timely Compliance (§ 399.30(d)(2), § 399.15(b)(5)) A. Waiver of Timely Compliance: Enforcement of timely compliance shall be waived if Truckee Donner demonstrates that any of the following conditions are beyond Truckee Donner's control, and will prevent timely compliance: 1. Inadequate Transmission (§ 399.15(b)(5)(A)): There is inadequate transmission capacity to allow for sufficient electricity to be delivered from Truckee Donner's proposed eligible renewable energy resource projects using the current operational protocols of Truckee Donner's Balancing Authority(NV Energy). In making its findings relative to the existence of this condition, Truckee Donner's deliberations shall include, but not be limited to the following: (i) Whether Truckee Donner has undertaken, in a timely fashion, reasonable measures under its control and consistent with its obligations under local, state, and federal laws and regulations, to develop and construct new transmission lines or upgrades to existing lines intended to Effective: January 1, 2012 -4- transmit electricity generated by eligible renewable energy resources. In determining the reasonableness of Truckee Donner's actions, Truckee Donner shall consider its expectations for full-cost recovery for these transmission lines and upgrades, and (ii) Whether Truckee Donner has taken all reasonable operational measures to maximize cost-effective deliveries of electricity from eligible renewable energy resources in advance of transmission availability. 2. Permitting, interconnection, or other factors that delayed procurement or insufficient supply (399.15(b)(5)(B)). In making its findings relative to the existence of this condition, Truckee Donner's deliberations shall include, but not be limited to the following: (i)Whether Truckee Donner prudently managed portfolio risks, including relying on a sufficient number of viable projects; (ii) Whether Truckee Donner sought to develop one of the following: its own eligible renewable energy resources, transmission to interconnect to eligible renewable energy resources, or energy storage used to integrate eligible renewable energy resources. (iii) Whether Truckee Donner procured an appropriate minimum margin of procurement above the minimum procurement level necessary to comply with the renewables portfolio standard to compensate for foreseeable delays or insufficient supply; (iv) Whether Truckee Donner has taken reasonable measures, under its control to procure cost-effective distributed generation and allowable unbundled renewable energy credits; (v) Whether actions or events beyond the control of Truckee Donner have adversely impacted timely deliveries of renewable energy resources including,but not limited to, acts of nature, terrorism, war, labor difficulty, civil disturbance, or market manipulation. 3. Unanticipated curtailment to address needs of the balancing authority (§ 399.15(b)(5)(C)). B. Procedures Upon Approving Waiver: In the event of a Waiver of Timely Compliance due to any of the factors set forth above, Truckee Donner shall implement the following procedures: Effective:January 1, 2012 -5- 1. Establish additional reporting for intervening years to demonstrate that reasonable actions under the Truckee Donner's control are being taken (§399.15(b)(6)). 2. Require a demonstration that all reasonable actions within Truckee Donner's control have been taken to ensure compliance in order to grant the waiver(§ 399.15(b)(7)). C. Prior Deficits: In no event shall deficits from prior compliance periods be added to future compliance periods (§ 399.15(b)(9)). 9. Cost Limitations for Expenditures (§399.30(d)(3), § 399.15(c)) A. Cost Limitations for Expenditures: Truckee Donner, at its sole discretion, may elect to establish cost limitations for all eligible renewable energy resources used to comply with the renewables portfolio standard. Any such cost limitations will be developed consistent with§399.15(c). Truckee Donner shall review the need for cost limitations as part of the annual review process described in Section 12. 10. Exclusive Control (§399.30(m)): In all matters regarding compliance with the RPS Procurement Plan, Truckee Donner shall retain exclusive control and discretion over the following: A. The mix of eligible renewable energy resources procured by Truckee Donner and those additional generation resources procured by Truckee Donner for purposes of ensuring resource adequacy and reliability. B. The reasonable costs incurred by Truckee Donner for eligible renewable energy resources owned by it. 11. Reporting (§ 399.30(f), § 399.30(g), §399.30(1)) A. Deliberations on Procurement Plan (§399.30(f)): 1. Public Notice: Annually, Truckee Donner shall post notice of meetings if the Board will deliberate in public regarding this RPS Procurement Plan. 2. Notice to the California Energy Commission (CEC): Contemporaneous with the posting of a notice for such a meeting, Truckee Donner shall notify the CEC of the date, time and location of the meeting in order to enable the CEC to post the information on its Internet website. 3. Documents and Materials Related to Procurement Status and Plans: When Truckee Donner provides information to the Board related to its renewable energy resources procurement status and future plans, for the Board's consideration at a noticed public meeting, Truckee Donner shall Effective:January 1, 2012 -6- make that information available to the public and shall provide the CEC with an electronic copy of the documents for posting on the CEC's Internet website. B. Annual Report to CEC regarding Contract Execution(§399.30(g)) 1. Annually, Truckee Donner shall submit a report to the CEC regarding procurement contracts executed during the prior year. 2. Truckee Donner's annual report to the CEC regarding contract execution shall include all of the following: a. A description of the eligible renewable energy resource, including the duration of the contract or electricity purchase agreement. b. A description and identification of the electrical generating facility providing the eligible renewable energy resource under the contract. c. An estimate of the percentage increase in Truckee Donner's total retail sales of electricity from eligible renewable energy resources that will result from the contract. C. Report to CEC and Customers (§399.30(1)) 1. Annually, Truckee Donner shall provide a report to the CEC and customers regarding renewable resources. 2. Truckee Donner's annual report to the CEC regarding renewable resources shall include all of the following: a. Expenditures of public goods funds collected pursuant to Section 385 for eligible renewable energy resource development, including programs descriptions, expenditures, and expected/actual results. b. The resource mix used to serve its customers by energy source. c. Truckee Donner's status in implementing the renewables portfolio standard pursuant to § 399.30(a) and Truckee Donner's progress toward attaining the standard following implementation of the RPS Procurement Plan. 12. Program Review Truckee Donner's RPS Procurement Plan shall be reviewed by the Board of Directors in accordance with Truckee Donner's "Renewable Portfolio Standard Enforcement Program." Effective:January 1, 2012 -7- 13. Plan Modifications/Amendments This RPS Procurement Plan may be modified or amended by an affirmative vote of the Board of Directors during a public meeting. Any Board action to modify or amend the plan must be publicly noticed in accordance with Section 11. Effective:January 1, 2012 -8-