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CPUC Acts to Further Promote Renewables Program

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Today we made further progress implementing Senate Bill 350 (Padilla), California’s Clean Energy and Pollution Reduction Act of 2015.  In a decision (in proceeding R.15-02-020) at its Voting Meeting, the CPUC’s Commissioners established new compliance rules for the state’s Renewables Portfolio Standard (RPS) program, which currently requires electricity supplied by no less than 50 percent renewables by 2030.  Commissioner Clifford Rechtschaffen, who is assigned to the proceeding, commented that California providers are exceeding the state’s near-term goals and today’s decision provides continued regulatory certainty for market participants through 2030 and beyond.

Today’s decision is consistent with past CPUC compliance rules that establish a clear path to comply with the RPS program objectives with minimal regulatory risk. This approach has helped make the RPS program very successful. The state’s investor-owned utilities all are on steady path to exceed 33 percent by 2020 and easily meet 50 percent by 2030. Price continues to come down, and there has been no adverse impact on reliability or rates.

Said Commissioner Rechtschaffen, “Looking ahead, I will continue our collaborative working relationship with the California Energy Commission and California Air Resources Board, and the California Independent System Operator as the state moves forward on RPS and other policies to achieve a 40 percent reduction in statewide greenhouse gas emissions below the 1990 level by 2030.

Read more in the proposal the Commissioners approved.

 

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