2023 Renewables Portfolio Standard
PG&E is procuring eligible renewable energy resources to meet California's 60 percent RPS mandate, with two tracks: long-term contracts for new or existing resources delivering 2025–2030, and short-term bundled RPS-eligible energy with green attributes. Projects must be certified by the California Energy Commission and meet Public Utilities Code Section 399.12 requirements.
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AI overview
PG&E is issuing its Renewables Portfolio Standard (RPS) Request for Offers (RFO) to meet the California Public Utilities Commission (CPUC) 60 percent RPS compliance requirement. This procurement is mandated in CPUC Decisions D.11-12-020, D.12-06-038, D.16-12-040, and D.19-06-023. PG&E seeks offers from participants for the purchase of Eligible Renewable Energy Resources (ERRs), as certified by the California Energy Commission, that meet the criteria set forth in Public Utilities Code Sections 399.12 subdivision (e) and 399.12.5. The RFO has two components: 1) Long-Term Renewable Energy Resource Procurement, seeking new or existing ERRs to provide energy and all applicable green attributes with initial delivery dates from 2025 to 2030, and 2) Short-Term Bundled RPS-eligible energy and associated green attributes.
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Proposal Document
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