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HomeMy WebLinkAbout8-Consideration of an Update to the TDPUD’s “Renewable Energy Resources Procurement Plan”TRUC EE D 11 NE Public Utility District CONSENT To: Board of Directors From: Stephen Hollabaugh Date: October 02, 2013 Subject: Consideration of an Update to the TDPUD's "Renewable Energy Resources Procurement Plan" 1. WHY THIS MATTER IS BEFORE THE BOARD This item involves approving an updated Renewable Energy Resources Procurement Plan (RPS Procurement Plan). 2. HISTORY On December 7, 2011, the Board approved and updated the current Renewable Energy Resources Procurement Plan. Since then, the CEC has updated the regulations and the updated regulations will become effective October 1, 2013. On September 18, 2013, a workshop was given to the Board that discussed the revisions from the CEC and the revisions required to the existing Renewable Energy Resource Procurement Plan RPS Plan (RPS Procurement Plan). 3. NEW INFORMATION TDPUD's updated RPS Procurement Plan (Attachment 1 redlined, Attachment 2 final) is based on a mode plan developed by Northern California Power Agency (NCPA) for use by its members. These changes range from some minor RPS regulation references to major section re -writes such as Carryover language for REC's and Reporting language. The major changes include: • Retail Sales defined as all retail sales less own use and water pumping • Procurement targets (Section 3) with the inclusion of new language that incorporates specific target formulas for each of the three compliance periods • Carryover language for REC's including new language identifying historic carryover of REC's. This is something that was not included previously • Reporting language (Section 11) with additional language from the regulations to be included in the update 4. FISCAL IMPACT There is no direct financial impact associated with the update and approval of the RPS Procurement Plan as required by Senate Bill U2. 5. RECOMMENDATION Adopt the updated Renewable Energy Resources Procurement Plan. Stephen Hollabaugh Assistant General Manager Michael D. Holley General Manager