Update on Tradable RECs (as of 5/6/2008)
The Amended Scoping Ruling of the Assigned Commissioner projects a proposed decision on whether the CPUC will authorize Tradable RECs for RPS compliance in the second quarter of 2008. This schedule may be affected by the status of WREGIS and coordination with the CEC.
The Commission recently granted the Motion by the Center for Resource Solutions to file additional comments on the definition of a REC (see ruling). Reply comments were filed by parties on June 11, 2008:
The CEC held a workshop to receive public comment on the Draft Joint Agency Staff Report on Tracking System Operational Determination. SB 107 requires that before the CPUC can authorize tradable RECs, the CEC and CPUC must jointly determine that WREGIS is operational. Comments were received and the joint agencies will issue a final report.
See the Revised Staff Straw Proposal on REC trading compliance rules.
Information on the September 5-7, 2007 workshop
Purpose of the workshop:
This workshop was intended to develop a common understanding of the role that tradable renewable energy credits (RECs) could play in RPS compliance and the potential compliance rules for using tradable RECs, should the Commission decide to authorize their use to satisfy RPS requirements.
Workshop discussions addressed the specific questions set forth in the pre-workshop ruling. Since time is limited, we asked participants to tailor comments to these specific issues and focus on reaching stakeholder consensus.
Workshop documents:
Additional Information
REC Contact Information:
- Sara Kamins, CPUC Energy Division
- smk@cpuc.ca.gov
- (415) 703-1388