California Energy Comm
ission (CEC) Renewable Portfolio Standards RPS)
Requirements and Products Summary
RPS Products
The RPS is the amount of eligible renewable energy as a percentage of retail sales that BWP will use to meet the compliance period obligations, with interim targets as outlined in the California Public Utilities Code (PUC). In addition to the compliance period, each renewable contract is classified into a specific PCC. There are four categories representing the type of renewable energy credit (REC) generated from the resource. The requirement for each PCC is listed below:
• PCC 0 - Grandfathered Contracts: These are renewable contracts for California Energy Commission (CEC) certified renewable energy signed before June 1, 2010.
Since these contracts pre -date the RPS program, they do not fall into a PCC1, PCC2, or PCC3 category but count towards RPS. They are subtracted from the RPS requirement prior to calculating the remaining obligation for PCC1, PCC2 , and PCC3.
• PCC 1 - Directly Scheduled (Bundled): A REC associated with a CEC- certified renewable resource and the energy from the same resource, bundled and procured together, and delivered as produced without any substitute energy .
Electricity products must be generated by an eligible renewable energy resource that has its first point of interconnection within the metered boundaries of a California balancing authority area, or electricity products must be generated by an eligible renewable energy resource that has its first point of interconnection outside the metered boundaries of a California balancing authority however scheduled into a California balancing authority without substituting electricity from another source. • PCC 2 – Firmed and Shaped: A REC associated with the energy from a CEC- certified renewable resource that was generated in the past and is bundled together with the energy from a different resource.
• PCC 3 - Unbundled RECs: A REC associated with the energy produced from a CEC-certified renewable energy resource that was generated in the past and does not include energy as part of the procurement or delivery.
PCC limitations and re
quirements, and the RPS percentage by Compliance Period.
Burbank Water and Power
California Energy Commission RPS Procurement Requirements by Calendar Year
California RPS
Mandatory
Procurement
Requirement
Compliance
Period 4
Compliance
Period 5
Compliance
Period 6
Compliance Period
7+
1/1/2021-
12/31/2024
1/1/2025-
12/31/2027
1/1/2028-
12/31/2030
3 calendar year
blocks
44% RPS by
12/31/2024
52% by
12/31/2027
60% RPS by
12/31/2030
60% RPS
PCC 1 Minimum ≥ 75% of Net Procurement Requirement
PCC 2 Maximum ≤ 25% of Net Procurement Requirement
PCC 3 Maximum ≤ 10% of Net Procurement Requirement
ATTACHMENT 1
A1-1
LTR At least 65% of all RPS contracts must be long-term in duration (at least 10 years in duration)
T
he CEC allows entities to carry over any excess renewables to count towards compliance for future years for up to 36 months following production.
ATTACHMENT 1
A1-2