On Dec. 15, the California Public Utilities Commission passed a highly technical and complex decision implementing portfolio content categories for the Renewables Portfolio Standard (“RPS”) program (“Final RPS Decision”). With a few exceptions, the Final RPS Decision closely mirrors the Proposed Decision which was issued on Oct. 7, 2011 and reported on in detail in an earlier advisory. Our earlier advisory also provides a good primer on the portfolio content categories for those who have not been following the RPS rulemaking (R.11-05-005).
This advisory describes the differences between the Proposed Decision and the Final RPS Decision, and discusses where the RPS rulemaking goes from here and how that might impact the energy industry.
This advisory describes the differences between the Proposed Decision and the Final RPS Decision, and discusses where the RPS rulemaking goes from here and how that might impact the energy industry.
