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Californias Renewable Energy Market

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Title: Californias Renewable Energy Market


1
Californias Renewable Energy Market
  • Consumer Rebates

PA 750 Sunday, May 11, 2003 A Group Presentation
By Anita, Bridget, Fon, Senem
2
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!

3
(No Transcript)
4
Our Most Important Finding
  • We followed up and found out which budget
    decisions at the state level affected these
    programs.

5
Presentation Outline
  • What is renewable energy?
  • Legislative history in California of Renewable
    Energy
  • Programs and Budget Structures
  • Suggestions and Alternatives
  • Conclusion

6
Renewable Energy
  • Bioenergy
  • Geothermal
  • Hydrogen
  • Hydroelectric
  • Ocean
  • Solar
  • Use the sun's energy and light
  • Wind
  • Use winds energy

7
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.

8
(No Transcript)
9
Renewable Energy Market
-SOURCE- California Energy Commission
10
Players in Californias Energy Market
?
Governor

Legislation Assembly Senate
Regulatory Agencies
Investor Owned Utilities
Alternative Energy Provider
Consumer
11
Legislative History
  • Assembly Bill 1890
  • Collected 540 Million from Investor Owned
    Utilities
  • Senate Bill 90
  • Set up the Renewable Resource Trust Fund

12
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

13
Investment Plan June 2001
  • Senate Bill 1038
  • Mandated by Reliable Electric Service Investment
    Act
  • Authorized Renewable Resource Trust Fund
    allocations and awards

14
Renewable Portfolio Standards September 2002
  • Senate Bill 1078
  • CA Public Utilities Commission Energy
    Department Report
  • Cost effectiveness, implementation, and
    accounting systems for programs

15
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.

16
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

17
Renewable Energy Program Areas
  • New Account
  • Financial support to encourage new renewable
    electricity generation projects that are most
    likely to become competitive

18
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

19
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

20
Renewable Energy Program Areas
  • Consumer Education Renewables
  • Increases public awareness of renewable energy
    and its benefits, and encourages support and
    purchase of renewable energy

21
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

22
Overview of Budget Structure Allocations
23
Outcome
  • Has Californias Renewable Energy Program been
    successful thus far?

24
Existing Renewable Resources Account
25
New Renewable Resources Account
26
Emerging Renewable Resources Account
27
Customer Credit Sub-Account
28
Consumer Education Sub-Account
29
Consumer Education Sub-Account
30
Conclusion
  • What is renewable energy?
  • Legislative History of Renewable Energy Program
  • Funding Structure of the Renewable Energy Program
  • Outcome of Renewable Energy Program

31
Conclusion
  • Longevity of Californias Renewable Energy
    Program
  • Stability of California Energy Market
  • Developing Renewable Energy Technologies
  • California State Budget

32
Conclusion
  • You too can follow-up on future legislation and
    developments regarding renewable energy in
    California!

33
The End
  • Thank You

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