ML103620066

Ohio Senate Bill 221 Alternative Energy Portfolio Standard

ML103620066
Person / Time
Site:	Davis Besse
Issue date:	12/28/2010
From:	Bricker & Eckler, LLP
To:	Atomic Safety and Licensing Board Panel
SECY RAS
Shared Package
ML103620058	List: ML103620059 ML103620060 ML103620061 ML103620062 ML103620063 ML103620064 ML103620065 ML103620066 ML103620067
References
License Renewal 2, RAS 19321, 50-346-LR
Download: ML103620066 (1)

Text

Renewable ORC 4928.01(A)(35)

• Solar - Photovoltaic

• Solar - Thermal

• Wind

• Hydropower

• Certain Solid Waste

• Biomass

• Bio-Methane Gas

• Fuel Cells

• Wind Turbines - Lake Erie

• Off Peak Storage Facilities Utilizing Renewables

• Distributed Generation Facilities Utilizing Renewables Ohio Senate Bill 221 Alternative Energy Portfolio Standard Alternative Energy 2025 R.P.S.

In-State Renewable Energy Enforcement/

Technologies Benchmarks Requirements Credits Compliance Payments Renewable and Solar Benchmarks: 12.5% +

ORC 4928.64(B)(2)

Y R S 2009:

.25%

.004%

2010:

.50%

.010%

2011:

1.0%

.030%

2012:

1.5%

.060%

2013:

2.0%

.090%

2014:

2.5%

.120%

2015:

3.5%

.150%

2016:

4.5%

.180%

2017:

5.5%

.220%

2018:

6.5%

.260%

2019:

7.5%

.300%

2020:

8.5%

.340%

2021:

9.5%

.380%

2022: 10.5%

.420%

2023: 11.5%.460%

2024: 12.5%

.500%

At least 1/2 of renewable energy resources to be implemented by the utilities shall be met through facilities located in Ohio.

The remainder shall be met with resources that can be shown to have been delivered into this state.

ORC 4928.64(B)(3)

Utilities may use R.E.C.s in any of the 5 calendar years following acquisition to comply with both the renewable and solar energy resource requirements.

1 R.E.C. shall equal 1 Mw Hour of electricity from renewable resources.

ORC 4928.65

1) Annual PUCO Review ORC 4928.64(C)(1)

2) If Not in Compliance:

ORC 4928.64(C)(2)

A) Solar Benchmark

$ per Mw hour :

2009: $450 2010: $400 2012: $350 2014: $300 2016: $250 2018: $200 2020: $150 2022: $100 2024: $50 B) Renewable Benchmark 2009: $45 Adjusted annually per CPI Advanced ORC 4928.01(A)(34)

• Clean Coal

• Advanced Nuclear

• Energy Ef"ciency

• Fuel Cells

• Co-gen

• Certain Solid Waste Mercantile Sited ORC 4928.01 (A)(1)

• Real/Reactive Power

• Waste Heat Ef"ciency

• Demand/Load storage

• Advanced/Renewable Advanced Energy Requirement: 12.5%

ORC 4928.64(B)(1)

Key A.E.P.S. Cost Containment Mechanisms Utility may request PUCO to determine whether renewable resources are suf"ciently available to enforce R.P.S. benchmark requirement. If utility shows good faith effort to comply with renewable benchmarks but cannot, PUCO may reduce obligation.

Modi"cation does not automatically reduce future benchmarks. ORC 4928.64(C)(4)

Utilities not required to comply with benchmark to the extent compliance will result in 3+%

increase in electricity produc-tion or acquisition costs.

ORC 4928.64(C)(3) 3% Cost Cap Force Majeure Provision For more information contact:

Terrence ODonnell 614.227.2345 todonnell@bricker.com Kurt Tunnell 614.227.8837 ktunnell@bricker.com Brett Breitschwerdt 614.227.2301 bbreitschwerdt@bricker.com