On October 26, 2009, PG&E filed Advice Letter (AL) 3546-E requesting California Public Utilities Commission (Commission) review and approval of a renewable power purchase agreement (PPA) with Genesis Solar, LLC, (Genesis Solar or Project), an affiliate of NextEra Energy Resources, LLC, (NextEra) which is a subsidiary of the FPL Group. PG&E Requests Commission Approval of a New Renewable Energy Contract Accordingly, PG&E submitted a confidential response with the Commission on December 4, 2009. Energy Division accepted DRA's late-filed protest. DRA's protest to AL 3546-E was submitted as confidential and was fully redacted. On November 23, 2009, the Division of Ratepayer Advocates (DRA) submitted a late-filed protest with the Commission. PG&E states that a copy of the Advice Letter was mailed and distributed in accordance with Section IV of General Order 96-B. Notice of AL 3546-E and supplemental AL 3546-E-A was made by publication in the Commission's Daily Calendar. 3Īdditional background information about the Commission's RPS Program, including links to relevant laws and Commission decisions, is available at and. 2 The RPS program administered by the Commission requires each utility to increase its total procurement of eligible renewable energy resources by at least one percent of retail sales per year so that 20 percent of the utility's retail sales are procured from eligible renewable energy resources no later than December 31, 2010.
1 The RPS program is codified in Public Utilities Code Sections 399.11-399.20. The California RPS Program was established by Senate Bill (SB) 1078, and has been subsequently modified by SB 107 and SB 1036. The following tables summarize the Project specific features of the agreement:ĥ24 GWh/yr (assumes project is dry-cooled) With the contract prices approved here, deliveries under the PPA are fully recoverable in rates over the life of the contract, subject to Commission review of PG&E's administration of the PPA. The Commission approves specific contract prices set forth in the proposed PPA that are reasonable and will ensure that the Genesis Solar project provides the greatest value for PG&E's ratepayers. This resolution approves the PPA between PG&E and Genesis Solar because the PPA is consistent with PG&E's 2007 RPS Procurement Plan approved in Decision 07-02-011 and because the costs are reasonable with the contract prices approved here. dry-cooling, which is also allowed pursuant to the PPA), and related terms and conditions in the PPA. Supplement AL 3546-E-A also included a letter agreement clarifying Genesis Solar's efforts to obtain its application for certification for use of wet-cooling technology for the Project (vs. Specifically, the amendment reduces the contract price if certain events occur and removes several contract price adjustment provisions. On June 14, 2010, PG&E filed supplemental AL 3546-E-A to amend the proposed PPA. The Genesis Solar PPA resulted from PG&E's 2007 Renewables Portfolio Standard (RPS) solicitation. Under the proposed 25-year PPA, PG&E would procure renewable energy from the planned 250 megawatt Genesis Solar solar thermal parabolic trough facility to be located in Riverside County, California. Pacific Gas and Electric Company (PG&E) filed Advice Letter (AL) 3546-E on October 26, 2009, requesting California Public Utilities Commission (Commission) approval of a renewable power purchase agreement (PPA) with Genesis Solar, LLC (Genesis Solar), an affiliate of NextEra Energy Resources, LLC, which is a subsidiary of FPL Group. Pacific Gas and Electric Company's renewable power purchase agreement complies with the Renewables Portfolio Standard procurement guidelines and is approved. The PPA is approved.ĮSTIMATED COST: Actual costs are confidential at this time.īy Advice Letter 3546-E filed on Octoand Supplemental Advice Letter filed 3546-E-A on June 14, 2010. PROPOSED OUTCOME: This Resolution approves PG&E's request for approval of cost recovery for a power purchase agreement (PPA) resulting from PG&E's 2007 Renewables Portfolio Standard (RPS) solicitation between PG&E and Genesis Solar, LLC., pursuant to California's RPS program. PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
E-4343 Final Redacted Resolution (PG&E's request for approval of cost recovery for a power purchase agreement (PPA) resulting from PG&E's 2007 RPS solicitation between PG&E & Genesis Solar, LLC.