The Legislature finds and declares all of the following:
(a)
In order to attain a target of generating 20 percent of total retail sales of electricity in California from eligible renewable energy resources by December 31, 2013, 33 percent by December 31, 2020, and 50 percent by December 31, 2030, it is the intent of the Legislature that the commission and the Energy Commission implement the California Renewables Portfolio Standard Program described in this article.
(b)
Achieving the renewables portfolio standard through the procurement of various electricity products from eligible renewable energy resources is intended to provide unique benefits to California,
including all of the following, each of which independently justifies the program:
(1)
Displacing fossil fuel consumption within the state.
(2)
Adding new electrical generating facilities in the transmission network within the Western Electricity Coordinating Council service area.
(3)
Reducing air pollution in the state.
(4)
Meeting the state’s climate change goals by reducing emissions of greenhouse gases associated with electrical generation.
(5)
Promoting stable retail rates for electric service.
(6)
Meeting the state’s need for a diversified
and balanced energy generation portfolio.
(7)
Assistance with meeting the state’s resource adequacy requirements.
(8)
Contributing to the safe and reliable operation of the electrical grid, including providing predictable electrical supply, voltage support, lower line losses, and congestion relief.
(9)
Implementing the state’s transmission and land use planning activities related to development of eligible renewable energy resources.
(c)
The California Renewables Portfolio Standard Program is intended to complement the Renewable Energy Resources Program administered by the Energy Commission and established pursuant to Chapter 8.6 (commencing
with Section 25740) of Division 15 of the Public Resources Code.
(d)
New and modified electric transmission facilities may be necessary to facilitate the state achieving its renewables portfolio standard targets.
(e)
(1)Supplying electricity to California end-use customers that is generated by eligible renewable energy resources is necessary to improve California’s air quality and public health, and the commission shall ensure rates are just and reasonable, and are not significantly affected by the procurement requirements of this article. This electricity may be generated anywhere in the interconnected grid that includes many states, and areas of both Canada and Mexico.
(2)
This article requires
generating resources located outside of California that are able to supply that electricity to California end-use customers to be treated identically to generating resources located within the state, without discrimination.
(3)
California electrical corporations have already executed, and the commission has approved, power purchase agreements with eligible renewable energy resources located outside of California that will supply electricity to California end-use customers. These resources will fully count toward meeting the renewables portfolio standard procurement requirements.