DOCSLIB.ORG

Hearing Before

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Hearing Before Public Hearing before SENATE ENVIRONMENT AND ENERGY COMMITTEE “The committee will be hearing testimony from the Renewable Energy Stakeholder Working Groups as follows: Mitigating Solar Development Volatility; Achieving Global Warming Response Act Goals; Reconsidering Incentives for Class I Renewables; and Decoupling Utility Regulation” LOCATION: Committee Room 6 DATE: July 10, 2014 State House Annex 9:00 a.m. Trenton, New Jersey MEMBERS OF COMMITTEE PRESENT: Senator Bob Smith, Chair Senator Linda R. Greenstein, Vice Chair Senator Christopher "Kip" Bateman Senator Samuel D. Thompson ALSO PRESENT: Jeffrey T. Climpson Kevil Duhon Carlos Cruz Office of Legislative Services Senate Majority Senate Republican Committee Aide Committee Aide Committee Aide Hearing Recorded and Transcribed by The Office of Legislative Services, Public Information Office, Hearing Unit, State House Annex, PO 068, Trenton, New Jersey JUDITH L. HOROWITZ BOB SMITH Office of Legislative Services Chairman Committee Aide (609) 847-3855 LINDA R. GREENSTEIN (609) 292-0561 fax Vice-Chairwoman MICHAEL MOLIMOCK Office of Legislative Services RICHARD J. CODEY N e w J e r s e y S t a t e L e g i s l a t u r e Committee Aide CHRISTOPHER “KIP” BATEMAN (609) 847-3855 SAMUEL D. THOMPSON SENATE ENVIRONMENT (609) 292-0561 fax AND ENERGY COMMITTEE STATE HOUSE ANNEX PO BOX 068 TRENTON NJ 08625-0068 P U B L I C H E A R I N G N O T I C E The Senate Environment and Energy Committee will hold a public hearing on Thursday, July 10, 2014 at 9:00 AM in Committee Room 6, 1st Floor, State House Annex, Trenton, New Jersey. The public may address comments and questions to Judith L. Horowitz or Michael R. Molimock, Committee Aides, or make bill status and scheduling inquiries to Shirley Link, Secretary, at (609)847- 3855, fax (609)292-0561, or e-mail: [email protected]. Written and electronic comments, questions and testimony submitted to the committee by the public, as well as recordings and transcripts, if any, of oral testimony, are government records and will be available to the public upon request. The committee will be hearing testimony from the Renewable Energy Stakeholder Working Groups as follows: 9:00 AM – 11:00 AM Mitigating Solar Development Volatility 11:00 AM – 1:00 PM Achieving Global Warming Response Act Goals 1:00 PM – 3:00 PM Reconsidering Incentives for Class I Renewables 3:00 PM – 5:00 PM Decoupling Utility Regulation Issued 7/02/14 For reasonable accommodation of a disability call the telephone number or fax number above, or TTY for persons with hearing loss 609-777-2744 (toll free in NJ) 800-257-7490. The provision of assistive listening devices requires 24 hours’ notice. Real time reporter or sign language interpretation requires 5 days’ notice. For changes in schedule due to snow or other emergencies, call 800-792-8630 (toll-free in NJ) or 609-292-4840. TABLE OF CONTENTS Page Thomas P. Lynch Executive Vice President KDC Solar, LLC 3 Lyle K. Rawlings President and Chief Executive Officer Advance Solar Products, and President Mid-Atlantic Solar Energy Industries Association 4 Alan M. Epstein President and Chief Operating Officer KDC Solar 6 Pamela Frank Vice President Gabel Associates 7 Larry Barth Director Business Development NJR Clean Energy Ventures 16 Michael D. Flett President and Chief Executive Officer Flett Exchange, LLC 16 Katie Bolcar Rever Director State Affairs Solar Energy Industries Association 37 Fred D. DeSanti Owner and Managing Director MC² Public Affairs, LLC Representing The New Jersey Solar Energy Coalition 40 TABLE OF CONTENTS (continued) Page Stefanie A. Brand, Esq. Director Division of Rate Counsel State of New Jersey 55 Elvin Montero Director of Communications/Issues Management Chemistry Council of New Jersey 63 Jeff Tittel Director New Jersey Chapter Sierra Club 65 Ed Potosnak III Executive Director New Jersey League of Conservation Voters 67 Marissa Bach Manager Government and Regulatory Affairs Direct Energy 68 Reverend Craig Hirshberg Executive Director Unitarian Universalist Legislative Ministry of New Jersey 92 Joseph Sullivan Private Citizen 94 Dave Pringle New Jersey Campaign Director Clean Ocean Action 105 Matt Polsky Private Citizen 108 Robert Marshall Executive Director New Jersey Energy Coalition 114 TABLE OF CONTENTS (continued) Page Scott Ross Associate Director New Jersey Petroleum Council 117 Michael Egenton Senior Vice President Government Relations New Jersey State Chamber of Commerce 117 David Brogan First Vice President Taxation and Economic Development New Jersey Business & Industry Association 117 Eric Thumma President Mid-Atlantic Renewable Energy Coalition, and Director Policy and Regulatory Affairs Iberdrola Renewables 155 Diana Rivera Director Market Development and Regulatory Affairs Clean Line Energy Partners 168 Evelyn Liebman Associate State Director AARP New Jersey 173 Steven Goldenberg, Esq. Representing New Jersey Large Energy Users Coalition 186 Eric DeGesero Executive Vice President Fuel Merchants Association of New Jersey 193 TABLE OF CONTENTS (continued) APPENDIX (continued) Page Dennis Wilson President Renewable Power, Inc., and Vice President, New Jersey Mid-Atlantic Solar Energy Industries Association 195 APPENDIX: Mitigating Solar Development Volatility Working Group Agenda submitted by Thomas P. Lynch 1x PowerPoint presentation submitted by Mitigating Solar Development Volatility Working Group 2x Letter, addressed to Senator Robert Smith from Alan M. Epstein 34x Testimony submitted by Stefanie A. Brand, Esq. 36x Letter, addressed to Senator Bob Smith from Stefanie A. Brand, Esq. 42x Solar Market Development Volatility in New Jersey Rutgers University Center for Energy, Economic and Environmental Policy submitted by Mitigating Solar Development Volatility Working Group 46x Findings and Recommendations from the Proceeding to Investigate Approaches to Mitigate Solar Market Development Volatility submitted by The State of New Jersey Board of Public Utilities 128x TABLE OF CONTENTS (continued) APPENDIX (continued) Page Global Warming Response Act Goals Working Group Preliminary Report submitted by Global Warming Response Act Goals Working Group 131x PowerPoint Presentation submitted by Global Warming Response Act Goals Working Group 149x Testimony submitted by Reverend Craig Hirshberg 182x Testimony, and fact sheet submitted by Robert Marshall 183x Testimony submitted by NJ Energy Coalition 187x Testimony submitted by Scott Ross 190x Reducing Air Emissions Through Alternative Transportation Strategies submitted by New Jersey Clean Air Council 193x Testimony submitted by David Brogan 219x PowerPoint presentation submitted by Reconsidering Incentives for Class I Renewables Working Group 221x TABLE OF CONTENTS (continued) APPENDIX (continued) Page Testimony submitted by Eric Thumma 243x Testimony submitted by Diana Rivera 247x Testimony submitted by Evelyn Liebman 250x Decoupling Utility Regulation Working Group Testimony submitted by Stefanie A. Brand, Esq. 252x Summary Report submitted by Andrew Hendry and Doug O’Malley Decoupling Utility Regulation Working Group 256x Testimony submitted by Dennis Wilson 258x Testimony submitted by Doug O’Malley Director Environment New Jersey 262x Testimony submitted by Ryan Holl Decoupling Utility Regulation Working Group 269x Decoupling Case Studies: Revenue Regulation Implementation in Six States submitted by Decoupling Utility Regulation Working Group 270x TABLE OF CONTENTS (continued) APPENDIX (continued) Page Creating a 21st Century Electricity System for New York State An Energy Industry Working Group Position Paper submitted by Decoupling Utility Regulation Working Group 320x Removing Disincentives to Utility Energy Efficiency Efforts submitted by The National Resources Defense Council 368x A Decade of Decoupling for U.S. Energy Utilities: Rate Impacts, Designs, and Observations Graceful Systems LLC submitted by Decoupling Utility Regulation Working Group 374x Order Requiring Proposals for Revenue Decoupling Mechanisms submitted by State of New York Public Service Commission 472x pnf: 1-204 SENATOR BOB SMITH (Chair): Good morning, good morning. Everybody take a seat. If you have any chatter, take it outside. We have an ambitious schedule. Senator Bateman is here; I understand Senator Thompson is coming, Senator Greenstein is coming, and Senator Codey may stop by. But the most important thing is we’re keeping a record today of what’s being said, so be careful of what you say. (laughter) There will be a record, and five years from now when your predictions about the end of the world don’t occur, you’re going to be on record and you’re going to be reminded of what you said, all right? Now, just as a little background to what we’re doing today. The members of this Committee and, on the Assembly side, Chairman Chivukula and his members, are constantly approached by the smartest people in New Jersey on energy issues with good ideas. And we said to ourselves, “This is not an efficient way to do energy policy. Why don’t we have all of these really smart people get together on their own and see if they can come up with consensus recommendations for legislators to consider for legislation,’ hopefully advancing the goals of making New Jersey more energy sustainable; making our planet more sustainable; hopefully providing efficient energy to our citizens, etc., etc., etc. So what I want to report to Senator Bateman is, I’ve never seen so much work from a group of stakeholders in my life. Every day-- Unfortunately, I have to take a look at the written stuff -- just the nature of my life is that I have to keep that moving -- you have probably killed about 20 sequoia trees with all of the information. (laughter) And they copy, at 1 the office, and every day there’s more stuff to read. And I kind of feel like I’ve read 10 Gone with the Winds, seeing all of the interaction between the various members of the stakeholder groups. Which I think is great. And, by the way, the other wonderful thing, Senator Bateman, about having the stakeholders meet -- you have people of divergent points of view sitting in a room together, trying to persuade people of other points of view why you’re an idiot and why my point of view is correct.
Load more

Recommended publications
  • Tracking the Sun VIII.Pdf
    Tracking the Sun VIII The Installed Price of Residential and Non-Residential Photovoltaic Systems in the United States Primary authors Galen Barbose and Naïm Darghouth With contributions from Dev Millstein, Mike Spears, and Ryan Wiser (LBNL) Michael Buckley and Rebecca Widiss (Exeter Associates) Nick Grue (NREL) August 2015 Tracking the Sun VIII The Installed Price of Residential and Non-Residential Photovoltaic Systems in the United States Primary Authors: Galen Barbose and Naïm Darghouth Energy Technologies Area, Lawrence Berkeley National Laboratory Executive Summary ............................................................................. 1 1. Introduction ...................................................................................... 5 2. Data Sources, Methods, and Sample Description .............................. 7 Data Sources ............................................................................................................... 7 Data Standardization and Cleaning ............................................................................. 8 Sample Size ................................................................................................................. 9 Sample Characteristics .............................................................................................. 10 3. Historical Trends in Median Installed Prices .................................... 15 Long-Term Installed Price Trends ............................................................................. 15 Module and Non-Module Cost
    [Show full text]
  • Renewables Portfolio Standards in the United States: a Status Update
    Renewables Portfolio Standards in the United States: A Status Update Galen Barbose Lawrence Berkeley National Laboratory State-Federal RPS Collaborative National Summit on RPS Washington, D.C. November 6, 2013 This analysis was funded by the National Electricity Delivery Division of the Office of Electricity Delivery and Energy Reliability and by the Solar Energy Technologies Office of the Office of Energy Efficiency and Renewable Energy of the U.S. Department of Energy under Contract No. DE- AC02-05CH11231. Summary of State RPS Experience-to-Date • State RPS policies have been a significant driver for renewable energy growth in the United States and have largely held up against recent political challenges • Generally high levels of compliance achieved thus far • Compliance costs have thus far remained relatively modest, though questions exist about future costs • Significant solar and other RE capacity is required to meet future RPS targets, but is well in-line with pace of additions in recent years • Significant challenges nevertheless exist to meeting future RPS obligations (e.g., managing REC price volatility, transmission, integration, siting) 2 RPS Policies Exist in 29 States and DC 7 More States Have Non-Binding Goals Existing State RPS Policies Apply to 55% of Total U.S. Retail Electricity Sales in 2012 WA: 15% by 2020 MN: 25% by 2025 ME: 40% by 2017 MT: 15% by 2015 Xcel: 30% by 2020 NH: 24.8% by 2025 ND: 10% by 2015 MI: 10% by 2015 VT: 20% by 2017 MA: 11.1% by 2009 +1%/yr OR: 25% by 2025 (large utilities) SD: 10% by 2015 WI:
    [Show full text]
  • Commercial Solar Technology Adoption in the United States: Empirical Evidence on Effects of State Policies
    University of Massachusetts Amherst ScholarWorks@UMass Amherst Masters Theses Dissertations and Theses July 2016 Commercial Solar Technology Adoption in the United States: Empirical Evidence on Effects of State Policies Eric Koegler University of Massachusetts Amherst Follow this and additional works at: https://scholarworks.umass.edu/masters_theses_2 Recommended Citation Koegler, Eric, "Commercial Solar Technology Adoption in the United States: Empirical Evidence on Effects of State Policies" (2016). Masters Theses. 354. https://doi.org/10.7275/8486858 https://scholarworks.umass.edu/masters_theses_2/354 This Open Access Thesis is brought to you for free and open access by the Dissertations and Theses at ScholarWorks@UMass Amherst. It has been accepted for inclusion in Masters Theses by an authorized administrator of ScholarWorks@UMass Amherst. For more information, please contact [email protected]. COMMERCIAL SOLAR TECHNOLOGY ADOPTION IN THE UNITED STATES: EMPIRICAL EVIDENCE ON EFFECTS OF STATE POLICIES A Thesis Presented By ERIC KOEGLER Submitted to the Graduate School of the University of Massachusetts Amherst in partial fulfillment Of the requirements for the degree of MASTER OF SCIENCE May 2016 Department of Resource Economics COMMERCIAL SOLAR TECHNOLOGY ADOPTION IN THE UNITED STATES: EMPIRICAL EVIDENCE ON EFFECTS OF STATE POLICIES A Thesis Presented By ERIC KOEGLER Approved as to style and content by: _____________________________________ Christine L. Crago, Chair _____________________________________ Bernard J. Morzuch, Member _____________________________________ Daniel A. Lass, Department Chair Department of Resource Economics DEDICATION To my mother, Holly Reed ACKNOWLEDGMENTS I would like to thank Professor Christine Crago for her advice and support over the past year. I would also like to thank Professor Bernie Morzuch for piquing my interest in Resource Economic as a junior when he allowed me to be a Teaching Assistant.
    [Show full text]
  • Environmental Markets: a New Asset Class
    ENVIRONMENTAL MARKETS: A NEW ASSET CLASS Richard L. Sandor Nathan J. Clark Murali Kanakasabai Rafael L. Marques Named Endowments The Research Foundation of CFA Institute The Research Foundation of CFA Institute acknowledges with sincere gratitude the Board of Trustees generous contributions of the Named Endowment participants listed below. 2013–2014 Gifts of at least US$100,000 qualify donors for membership in the Named Endowment category, which recognizes in perpetuity the commitment toward unbiased, practitioner- Chair John T. “JT” Grier, CFA John D. Rogers, CFA oriented, relevant research that these firms and individuals have expressed through Jeffery V. Bailey, CFA Virginia Retirement System CFA Institute their generous support of the Research Foundation of CFA Institute. Target Corporation Pranay Gupta, CFA Brian Singer, CFA Manu Bhaskaran Lombard Odier Darier William Blair, Dynamic Ameritech Meiji Mutual Life Insurance Company Centennial Asia Advisors Pte Hentsch (Asia) Limited Allocation Strategies Limited Anonymous Miller Anderson & Sherrerd, LLP Walter V. “Bud” Haslett, Jr., CFA Wayne H. Wagner Renee Kathleen-Doyle Blasky, CFA Institute Venice Beach, CA Robert D. Arnott John B. Neff, CFA CFA George R. Hoguet, CFA, FRM Arnold S. Wood Theodore R. Aronson, CFA Nikko Securities Co., Ltd. Vista Capital Limited State Street Global Advisors Martingale Asset Asahi Mutual Life Nippon Life Insurance Company of Japan Dwight Churchill, CFA Aaron Low, CFA Management Batterymarch Financial Management Nomura Securities Co., Ltd. Sunapee, NH Lumen Advisors Boston Company Payden & Rygel William Fung Alan Meder, CFA Boston Partners Asset Management, L.P. Provident National Bank London Business School Duff & Phelps Investment Gary P. Brinson, CFA Frank K.
    [Show full text]
  • Status and Trends in the US Voluntary Green Power Market
    Status and Trends in the U.S. Voluntary Green Power Market (2012 Data) J. Heeter and T. Nicholas National Renewable Energy Laboratory NREL is a national laboratory of the U.S. Department of Energy Office of Energy Efficiency & Renewable Energy Operated by the Alliance for Sustainable Energy, LLC. This report is available at no cost from the National Renewable Energy Laboratory (NREL) at www.nrel.gov/publications. Technical Report NREL/TP-6A20-60210 October 2013 Contract No. DE-AC36-08GO28308 Status and Trends in the U.S. Voluntary Green Power Market (2012 Data) J. Heeter and T. Nicholas National Renewable Energy Laboratory Prepared under Task Nos. SA12.0324 and SM13.1580 NREL is a national laboratory of the U.S. Department of Energy Office of Energy Efficiency & Renewable Energy Operated by the Alliance for Sustainable Energy, LLC. This report is available at no cost from the National Renewable Energy Laboratory (NREL) at www.nrel.gov/publications. National Renewable Energy Laboratory Technical Report 15013 Denver West Parkway NREL/TP-6A20-60210 Golden, CO 80401 October 2013 303-275-3000 • www.nrel.gov Contract No. DE-AC36-08GO28308 NOTICE This report was prepared as an account of work sponsored by an agency of the United States government. Neither the United States government nor any agency thereof, nor any of their employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States government or any agency thereof.
    [Show full text]
  • SREC) Markets: Status and Trends
    Solar Renewable Energy Certificate (SREC) Markets: Status and Trends Lori Bird, Jenny Heeter, and Claire Kreycik NREL is a national laboratory of the U.S. Department of Energy, Office of Energy Efficiency & Renewable Energy, operated by the Alliance for Sustainable Energy, LLC. Technical Report NREL/TP-6A20-52868 November 2011 Contract No. DE-AC36-08GO28308 Solar Renewable Energy Certificate (SREC) Markets: Status and Trends Lori Bird, Jenny Heeter, and Claire Kreycik Prepared under Task No. SM10.2464 NREL is a national laboratory of the U.S. Department of Energy, Office of Energy Efficiency & Renewable Energy, operated by the Alliance for Sustainable Energy, LLC. National Renewable Energy Laboratory Technical Report 1617 Cole Boulevard NREL/TP-6A20-52868 Golden, Colorado 80401 November 2011 303-275-3000 • www.nrel.gov Contract No. DE-AC36-08GO28308 NOTICE This report was prepared as an account of work sponsored by an agency of the United States government. Neither the United States government nor any agency thereof, nor any of their employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States government or any agency thereof. The views and opinions of authors expressed herein do not necessarily state or reflect those of the United States government or any agency thereof.
    [Show full text]
  • Renewable Energy Portfolio Standard for Compliance Year 2018
    Public Service Commission of the District of Columbia Report on the Renewable Energy Portfolio Standard for Compliance Year 2018 May 1, 2019 TABLE OF CONTENTS EXECUTIVE SUMMARY ......................................................................................................... i I. Introduction and Background ......................................................................................... 1 II. Summary of the Implementation of the Renewable Energy Portfolio Standard ............ 3 RPS Rules ................................................................................................................ 4 Compliance Requirements for Electricity Suppliers ......................................... 4 Certification of Renewable Generators ............................................................. 5 Creation and Tracking of Renewable Energy Credits ...................................... 7 Recovery of Fees and Costs ............................................................................... 8 Clean and Affordable Energy Act of 2008 .............................................................. 8 Distributed Generation Amendment Act of 2011 ................................................. 10 Renewable Energy Portfolio Standard Amendment Act of 2014 ......................... 12 Renewable Portfolio Standard Expansion Amendment Act of 2016 .................... 14 CleanEnergy DC Omnibus Amendment Act of 2018 ........................................... 15 III. RPS Compliance Reports for 2018 ..............................................................................
    [Show full text]
  • Chapter 11 Cases
    Case 21-13797-SMG Doc 298 Filed 07/30/21 Page 1 of 25 IN THE UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF FLORIDA FORT LAUDERDALE DIVISION www.flsb.uscourts.gov In re: Chapter 11 Cases LIBERTY POWER HOLDINGS, LLC, Case No. 21-13797-SMG LPT, LLC, Case No. 21-15537-SMG LIBERTY POWER MARYLAND, LLC, Case No. 21-15539-SMG LIBERTY POWER DISTRICT OF COLUMBIA, LLC, Case No. 21-15540-SMG Debtors. (Jointly Administered under / Case No. 21-13797-SMG) CERTIFICATE OF SERVICE I, Ana M. Galvan, depose and say that I am employed by Stretto, the claims and noticing agent in the above-captioned cases. On July 16, 2021, at my direction and under my supervision, employees of Stretto caused the following document to be served via first-class mail on the service list attached hereto as Exhibit B: Notice of Auction and Sale Hearing (attached hereto as Exhibit A) Furthermore, on July 27, 2021, at my direction and under my supervision, employees of Stretto caused the following document to be served via first-class mail on the service list attached hereto as Exhibit C: Notice of Auction and Sale Hearing (attached hereto as Exhibit A) Dated: July 30, 2021 /s/ Ana M. Galvan Ana M. Galvan STRETTO 410 Exchange, Suite 100 Irvine, CA 92602 Telephone: 855-635-4369 Email: [email protected] Case 21-13797-SMG Doc 298 Filed 07/30/21 Page 2 of 25 Exhibit A Case 21-13797-SMG Doc 298 Filed 07/30/21 Page 3 of 25 UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF FLORIDA FORT LAUDERDALE DIVISION www.flsb.uscourts.gov In re: Chapter 11 Cases LIBERTY POWER HOLDINGS, LLC, Case No.
    [Show full text]
  • Developments in Renewable Energy Credit Markets
    Developments In Renewable Energy Credit Markets Ken Kulak Michael Connolly Jennifer Layfield Overview • Renewable Portfolio Standard (RPS) and Renewable Energy Credit (REC) Markets • PJM, New Jersey and California Developments • Developing Issues in 2011 • Questions and Answers 1 Renewable Portfolio Standard Markets Current RPS will require 104 GW of new renewable capacity by 2035, achieving 6% of U.S. generation (Sources: FERC/Lawrence Berkeley Lab) 2 Where Will New Generation Be Needed? Source; Lawrence Berkeley 3 RPS Foundations • Variety of RPS designs require close analysis of state regulations and activity in both renewable project development and energy markets. • RPSs are continuing to evolve, and this requires keeping multiple stakeholder interests in mind: • Utilities are focused on compliance, cost, risk – and increasingly opportunities • Developers are focused on projects, offtake agreements, market growth – and the competition • Other stakeholders focused on growth and cost of compliance 4 RPS Foundations, Continued • RPS design issues requiring close analysis include: • Percentage requirements for load-serving entities • Eligible resources and geographic requirements • Set-asides and multipliers for specific technologies • Penalties and Force Majeure, cost recovery, and cost caps • Contracting requirements and standardization • Analysis must be integrated with examination of wholesale energy markets and interconnection issues 5 RECs – The Currency of the Realms • Compliance with RPSs is generally measured in Renewable Energy
    [Show full text]
  • Fuel Mix Filings
    Public Service Commission of the District of Columbia Report on the Renewable Energy Portfolio Standard for Compliance Year 2016 May 1, 2017 TABLE OF CONTENTS EXECUTIVE SUMMARY ......................................................................................................... i I. Introduction and Background ......................................................................................... 1 II. Summary of the Implementation of the Renewable Energy Portfolio Standard ............ 3 RPS Rules ................................................................................................................ 4 Compliance Requirements for Electricity Suppliers ......................................... 5 Certification of Renewable Generators ............................................................. 5 Creation and Tracking of Renewable Energy Credits ...................................... 7 Recovery of Fees and Costs ............................................................................... 8 Clean and Affordable Energy Act of 2008 .............................................................. 8 Distributed Generation Amendment Act of 2011 ................................................. 10 Renewable Energy Portfolio Standard Amendment Act of 2014 ......................... 12 Renewable Portfolio Standard Expansion Amendment Act of 2016 .................... 14 III. RPS Compliance Reports for 2016 ............................................................................... 15 IV. The Availability of Renewable Resources
    [Show full text]
  • A Survey of State-Level Cost and Benefit Estimates of Renewable Portfolio Standards J
    A Survey of State-Level Cost and Benefit Estimates of Renewable Portfolio Standards J. Heeter1, G. Barbose2, L. Bird1, S. Weaver2, F. Flores-Espino1, K. Kuskova-Burns1, and R. Wiser2 1 National Renewable Energy Laboratory (NREL) 2 Lawrence Berkeley National Laboratory (LBNL) NREL is a national laboratory of the U.S. Department of Energy, Office of Energy Efficiency & Renewable Energy, operated by the Alliance for Sustainable Energy, LLC, under contract DE-AC36-08GO28308. Berkeley Lab’s contributions to this report were funded by the Office of Energy Efficiency and Renewable Energy (Solar Energy Technologies Office and Strategic Programs Office) of the U.S. Department of Energy under Contract No. DE-AC02- 05CH11231. This report is available at no cost from the National Renewable Energy Laboratory (NREL) at www.nrel.gov/publications. Technical Report NREL/TPNREL is a national-6A20- 61042laboratory of the U.S. Department of Energy, Office of Energy Efficiency & Renewable Energy, operated by the Alliance for Sustainable Energy, LLC. LBNL-6589E May 2014 A Survey of State-Level Cost and Benefit Estimates of Renewable Portfolio Standards J. Heeter1, G. Barbose2, L. Bird1, S. Weaver2, F. Flores-Espino1, K. Kuskova-Burns1, and 2 R. Wiser 1 National Renewable Energy Laboratory (NREL) 2 Lawrence Berkeley National Laboratory (LBNL) NREL is a national laboratory of the U.S. Department of Energy, Office of Energy Efficiency & Renewable Energy, operated by the Alliance for Sustainable Energy, LLC, under contract DE-AC36-08GO28308. This work was supported by the Director, Office of Science, U.S. Department of Energy under Contract Number DE- AC02-05CH11231 Berkeley Lab’s contributions to this report were funded by the Office of Energy Efficiency and Renewable Energy (Solar Energy Technologies Office and Strategic Programs Office) of the U.S.
    [Show full text]
  • Solar Market Development Volatility in New Jersey and Provides a Range of Potential Solutions to Mitigate It in the Future
    SOLAR MARKET DEVELOPMENT VOLATILITY IN NEW JERSEY Prepared for the Rutgers University Center for Energy, Economic and Environmental Policy (CEEEP) May 2014 ABOUT THIS REPORT This research report was produced by Meister Consultants Group, Inc. (MCG) and Sustainable Energy Advantage, LLC (SEA) for the Rutgers University Center for Energy, Economic and Environmental Policy (CEEEP) in support of its work for the New Jersey Board of Public Utilities (BPU) on solar market development volatility. Supervision and Coordination Scott Hunter (BPU OCE), Frank Felder (CEEEP) Authors Andrew Belden (MCG), Tom Michelman (SEA), Robert Grace (SEA) and Kathryn Wright (MCG) Contributors Po-Yu Yuen (SEA), Wilson Rickerson (MCG), Jason Gifford (SEA) About Meister Consultants Group Meister Consultants Group (MCG) is an international, Boston-headquartered consulting firm specializing in energy policy and strategy development. MCG’s clients include state energy offices, local governments, regulators, national labs, and the U.S. Department of Energy (U.S. DOE). MCG has worked with clients around the world to design and implement renewable energy policies at the local, regional and national levels. By leveraging participation and dialogue tools, MCG creates sustainability and energy strategies to manage change for businesses, governments and institutions. About Sustainable Energy Advantage Sustainable Energy Advantage, LLC (SEA) has been a national leader on renewable energy policy analysis and program design for 15 years. SEA has supported the decision‐making of more than 100 clients through the analysis of renewable energy policy, projects and markets. By providing market, policy, strategic and financial analyses and support, SEA helps its clients develop the building blocks of a sustainable energy future.
    [Show full text]