Californias Renewable Energy Market

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Californias Renewable Energy Market

• Consumer Rebates

PA 750 Sunday, May 11, 2003 A Group Presentation
By Anita, Bridget, Fon, Senem
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Have You Ever Wondered?

• Have you noticed the promotion of renewable
  energy and recent events?
• Cal State Hayward plans 7 million solar power
  system East Bay Business Times
• Trying their fortunes farmers turn to wind power
  to stay afloat The Oregonian
• The U.S. Government the States should create
  energy efficient portfolios Energy Pulse
• But the Web sites are not accepting applications!

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Our Most Important Finding

• We followed up and found out which budget
  decisions at the state level affected these
  programs.

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Presentation Outline

• What is renewable energy?
• Legislative history in California of Renewable
  Energy
• Programs and Budget Structures
• Suggestions and Alternatives
• Conclusion

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Renewable Energy

• Bioenergy
• Geothermal
• Hydrogen
• Hydroelectric
• Ocean
• Solar
• Use the sun's energy and light
• Wind
• Use winds energy

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Emerging Renewables Program

• A California program with the goal of increasing
  use of renewable energy through customer rebates
  for purchase and installation of renewable energy
  systems.

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Renewable Energy Market
-SOURCE- California Energy Commission
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Players in Californias Energy Market
?
Governor

Legislation Assembly Senate
Regulatory Agencies
Investor Owned Utilities
Alternative Energy Provider
Consumer
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Legislative History

• Assembly Bill 1890
• Collected 540 Million from Investor Owned
  Utilities

• Senate Bill 90
• Set up the Renewable Resource Trust Fund

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Reliable Electric Service Investment Act

• Assembly Bill 995
• Allocated 135 million annually to the Renewable
  Resource Trust Fund

• Senate Bill 1194
• Authorized 135 million annually to the Renewable
  Resource Trust Fund

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Investment Plan June 2001

• Senate Bill 1038
• Mandated by Reliable Electric Service Investment
  Act
• Authorized Renewable Resource Trust Fund
  allocations and awards

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Renewable Portfolio Standards September 2002

• Senate Bill 1078
• CA Public Utilities Commission Energy
  Department Report
• Cost effectiveness, implementation, and
  accounting systems for programs

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Renewable Energy Program Areas Sub-accounts

• Each program area has its own budget and
  guidelines developed by legislature, CA Energy
  Commission, CA Public Utilities Commission.

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Renewable Energy Program Areas

• Existing Renewables
• Offers financial incentives to support existing
  renewable facilities
• Varying incentive amounts
• Based on market competitiveness of eligible
  renewable technologies

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Renewable Energy Program Areas

• New Account
• Financial support to encourage new renewable
  electricity generation projects that are most
  likely to become competitive

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Renewable Energy Program Areas

• Emerging Renewables
• Grants rebates to assist customers who purchase
  renewable technologies
• Reduce purchase costs encourage manufacturers and
  retailers to expand operations

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Renewable Energy Program Areas

• Customer Credit
• Incentives to allow renewable energy providers to
  provide electricity to products to their
  customers at prices that are competitive with
  conventional electricity products

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Renewable Energy Program Areas

• Consumer Education Renewables
• Increases public awareness of renewable energy
  and its benefits, and encourages support and
  purchase of renewable energy

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Renewable Resource Trust Fund

• FY 2003-04 Budget Proposal by Governor
• Return of 6.3 million in unused funds to the
  General Fund

• Budget Act of 2002
• 150 million of Emerging Funds go to General Fund

• Assembly Bill 29x
• Authorized 15 million from General Fund to
  Emerging Account for rebate program

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Overview of Budget Structure Allocations
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Outcome

• Has Californias Renewable Energy Program been
  successful thus far?

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Existing Renewable Resources Account
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New Renewable Resources Account
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Emerging Renewable Resources Account
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Customer Credit Sub-Account
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Consumer Education Sub-Account
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Consumer Education Sub-Account
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Conclusion

• What is renewable energy?
• Legislative History of Renewable Energy Program
• Funding Structure of the Renewable Energy Program
• Outcome of Renewable Energy Program

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Conclusion

• Longevity of Californias Renewable Energy
  Program
• Stability of California Energy Market
• Developing Renewable Energy Technologies
• California State Budget

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Conclusion

• You too can follow-up on future legislation and
  developments regarding renewable energy in
  California!

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The End

• Thank You

PA 750 Sunday, May 11, 2003 A Group Presentation
By Anita, Bridget, Fon, Senem