Additionality in Low Impact Hydro

Ali Shajrawi, Liam Brooks, Jonathan Burnston Market Research Briefs

The desire to provide “Additionality” has been a major driver of new corporate demand for renewable energy procurement in recent years. Citing several Low Impact Hydro Institute (LIHI) Certified projects as reference cases, Karbone has constructed this research piece to illustrate the types of opportunity available to Corporate purchasers who are seeking to have a greater impact on the status quo and who are not limited to “New-Build-Only” Additionality.

Nevada RPS Expansion on the Ballot this November

Ali Shajrawi, Liam Brooks Market Research Briefs

The following report provides a monthly summary of proposed and recently enacted legislative and regulatory policy affecting the renewable energy markets in the United States. It also serves as the first iteration of a Karbone renewable energy policy commentary series. The series will be updated regularly on a monthly basis.

Oregon Trailing: New Name, Same Game

Ali Shajrawi, Vickie Pan Market Research Briefs

In this research brief, Karbone discusses the background of Oregon’s RPS and provides an overview of the market prior to S.B. 1547. The report then addresses the implications of the new legislation on demand and supply fundamentals in the Oregon REC market.

CA RPS: Market Outlook Compliance Period 2

Karbone Market Research Briefs

January 1, 2014 saw the official kick-off of Compliance Period 2 (“CP2”, 2014-2016) in the California Renewable Portfolio Standard (RPS) market. As the market gears up for this latest program phase, some highlights (and lessons learned) from the first Compliance Period have helped set the stage.

California RPS Market Biomethane Electricity Generation Approval

Karbone Market Research Briefs

In April 2012, Karbone reported the suspension of biomethane injected into the natural gas pipeline system as an RPS resource. On September 27 2012, Governor Brown signed into law AB 1900 and AB 2196. Together, these bills fix liability concerns that previously inhibited landfill gas pipeline injection, while giving full RPS eligibility to electricity generation from pipeline injected biomethane, assuming several criteria metrics are met and CEC certification is obtained.

California RPS Market Suspension of Biomethane Eligibility

Karbone Market Research Briefs

On the back of significant bipartisan lobbying regarding the advantages and disadvantages of biomethane as an RPS resource under the new RPS Senate Bill SBX2, on March 28th 2012, the California Energy Commission held a workshop to consider the suspension of the RPS eligibility guidelines related to biomethane. The suspension would apply to power plants that are currently RPS certified or pre-certified to use biomethane and those that are not.

California REC Market Update: Senate Bill 2

Karbone Market Research Briefs

With a new Governor in office, Senators Simitian, Kehoe and Steinberg are attempting to legislate the ARB’s executive order to extend the CA RPS, such that California utilities and retail electric sellers would need to provide 33% of electricity sales from renewable sources by 2020. The most recent attempt to undertake this (SB 722) narrowly missed getting passed in 2010. This new piece of legislation largely mirrors the previous bill’s parameters with portfolio content categories, also known as buckets, for classifying RPS renewable resources and limiting the quantities for each of the types.

California TREC Proposed Decision and Alternate Proposed Decision

Karbone Market Research Briefs

On March 11 2010, after much anticipation, the CPUC adopted decision 10-03-021 to allow for the use of tradable renewable energy certificates (TRECs) as a compliance commodity to help IOUs and ESPs meet their RPS mandated target. The decision, while enabling TRECs, limited their volumes to 25% of RPS and capped prices at $50 per TREC, until December 31, 2011.