Energy: Public Interest Research, Development, and Demonstration Program.

(1) Existing law establishes the Public Interest Research, Development, and Demonstration Program for the purpose of making awards for public interest energy research, development, and demonstration projects or programs that are not provided for by competitive regulated markets. Existing law prescribes, until January 1, 2012, procedures that the State Energy Resources Conservation and Development Commission (Energy Commission) is required to follow in adopting regulations to implement the program. This bill would require the Energy Commission to follow the prescribed procedures until January 1, 2022. (2) Existing law requires that the moneys collected between January 1, 2007, and January 1, 2012, from the electrical corporations for public interest research, development, and demonstration and deposited in the Public Interest Research, Development, and Demonstration Fund be used for the purposes of the Public Interest Research, Development, and Demonstration Program. The bill would extend the use of those moneys collected until January 1, 2022, for the purposes of the Public Interest Research, Development, and Demonstration Program to January 1, 2022.