Slide 1

1 Renewable Energy Working Group Status Update of the Oregon Renewable Portfolio Standard Kip Pheil Oregon Department of Energy October 29, 2008 Slide 2 2 Discussion Outline Oregon RPS Review Progress towards Compliance Detours, Caution Signs, Etc. Contacts & Links Slide 3 3 3 Oregon RPS review RPS Elements SB 838 (ORS 469A) Obligations Eligible Resources Conditional Standards Non-RPS Elements Embedded Legislation (see also: www.Oregon-RPS.org) Slide 4 4 4 Electricity Sources Oregons Electricity Resource Mix, 2005.* 2007 Use = 5,600 aMW 2025 Est = 6,400 aMW * State of Oregon Energy Plan 2007-2009 Slide 5 5 5 Oregon RPS Obligations Post 1994 Generation, mostly Slide 6 6 6 Eligible Resources Slide 7 7 7 Conditional Standards Slide 8 8 8 Embedded SB 838 Extend Public Purpose Charge - 2025 renewable 13 Oregon REC Basics RPS Compliance proved by REC tracking 1 MWh, qualified electricity => 1 REC Bundled REC = REC w/ energy Unbundled REC = REC w/o energy Oregon RPS - Jan 07 banking start No use it or lose it provision Slide 14 14 RPS - REC Geography Bundled = US WECC only Unbundled = entire WECC (ergo WREGIS) BPA renewable product no site constraint Large IOU cap 20 GU - WREGIS Fees < 30 kW < 1 MW < 10 MW > 10 MW Size Slide 21 21 Sample WREGIS REC * 1 st of 4 parts (* courtesy of PacifiCorp) Slide 22 22 Sample WREGIS REC * 2 nd of 4 parts (* courtesy of PacifiCorp) Slide 23 23 Sample WREGIS REC * 3 rd of 3 parts (* courtesy of PacifiCorp) Slide 24 24 Sample WREGIS REC * 4 th of 4 parts (* courtesy of PacifiCorp) Slide 25 25 Green Tag vs REC Options for Generators California Consumer-Owned Utility custom RPS programs Climate Trust Chicago Climate Exchange (CCX) Brokers (of Environmental Attributes) several listed on WREGIS web Slide 26 26 (* PGE 2009 Integrated Resource Plan, June 12, 2008) PGE 2014 forecast * Estimated Retail load: 2,681 aMW 26 Slide 27 27 Electricity Sources * State of Oregon Energy Plan 2007-2009 Oregons Electricity Resource Mix, 2005.* 2007 Use = 5,600 aMW 2025 est = 6,400 aMW Slide 28 28 PGE forecast, 11 08 * (* PGE 2009 IRP, August 21, 2008) No Banking Slide 29 29 PGE forecast, 11 08 * (* PGE 2009 IRP, August 21, 2008) REC Bank RPS Obligation save spend Slide 30 30 PGE forecast, 11 08 * (* PGE 2009 IRP, August 21, 2008) REC Bank RPS Obligation save spend Wall w/o Banking Wall w/ Banking Slide 31 31 PacifiCorp ODOE est. Old is 1995 to 2007 Slide 32 32 New Resources Oregon Certified in WREGIS Pacific Power PGE Renewable Northwest Project (www.rnp.org) Slide 33 33 OR Certified in WREGIS Total Capacity = 2,900 MW ~ 960 aMW * 2007 Oregon = 5,600 aMW * As of August 28, 2008 Slide 34 34 PacifiCorp * * OPUC Update, June 10, 2008 Slide 35 35 PGE * * OPUC Update, June 10, 2008 Slide 36 36 Detours Low-Impact Hydro QRE (or not to QRE) Retro-REC Incremental Resources Account Holder as of 1-1-09 Slide 37 37 More Detours Unique REC Claims Pre-1995 Resources Load Growth & Remote Resources = More Transmission More Transmission = Time & Money Slide 38 38 Oregon RPS, WREGIS Info More on the Oregon RPS (w/ links to OPUC): www.oregon-RPS.org WREGIS: www.wregis.org ODOE homepage: http://www.energy.state.or.us Kip Pheil (ODOE): kip.pheil@state.or.us 503-378-4442 Lisa Schwartz (OPUC): lisa.c.schwartz@state.or.us 503-378-8718 a BTU of prevention is worth a kWh of cure. * * conversion factor and system efficiency not to scale