pcc 2 - amazon s3 · 2019. 3. 29. · pcc 2 arrangement costs about 1/3 of pcc 1. creates buys some...

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“Wind” certificate (REC) e.g. this Washington wind farm: System power aka “Unspecified power,” brown power, or fossil “Wind” certificate (REC) Energy Wholesaler MCE enters into PCC 2 arrangement knowing the wind energy would not be delivered to California, but advertises that the brown power it delivers to consumers, in this example, is “wind” from Washington. PCC 2 arrangement costs about 1/3 of PCC 1. buys creates creates Some other consumer outside of California purchases & takes delivery of low-cost energy w/o REC; energy now known as “null power” energy energy MCE PCC 2 aka Bucket 2, Category 2, or firm-and-shape energy low cost Resource must be outside of CA.

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  • “Wind”certificate(REC)

    e.g.thisWashingtonwindfarm:

    Systempoweraka“Unspecifiedpower,”brownpower,orfossil

    “Wind”

    certifica

    te

    (REC

    )

    EnergyWholesaler

    MCEentersintoPCC2arrangementknowingthewindenergywouldnotbe

    deliveredtoCalifornia,butadvertisesthatthebrownpoweritdeliverstoconsumers,

    inthisexample,is“wind”fromWashington.PCC2arrangementcostsabout1/3ofPCC1.

    buys

    creates

    creates

    SomeotherconsumeroutsideofCaliforniapurchases&takesdeliveryoflow-costenergyw/oREC;energynowknownas“nullpower”

    energy energy

    MCE

    PCC2akaBucket2,Category2,orfirm-and-shape

    energy

    lowcost

    ResourcemustbeoutsideofCA.