California Renewables Portfolio Standard Program.

The California Renewables Portfolio Standard Program requires the Public Utilities Commission to establish a renewables portfolio standard requiring all retail sellers, as defined, to procure a minimum quantity of electricity products from eligible renewable energy resources during specified compliance periods. The program defines an eligible renewable energy resource as an electrical generating facility that meets the definition of a renewable electrical generation facility and meets other requirements, as applicable. The program additionally requires each local publicly owned electric utility, as defined, to procure a minimum quantity of electricity products from eligible renewable energy resources to achieve the targets established by the program. Existing law also requires a retail supplier of electricity to disclose its electricity sources as a percentage of annual sales that are derived from specified sources of energy, including eligible renewable energy resources. This bill would include a facility that uses nuclear energy, as specified, as a renewable electrical generation facility. The bill would also make a conforming change by recategorizing nuclear energy as an eligible renewable energy resource for purposes of a retail supplier's electricity source disclosure requirements.